Optiver reviews

3.7

60% would recommend to a friend

(572 total reviews)

58% positive business outlook

Optiver has an employee rating of 3.7 out of 5 stars, based on 572 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Optiver employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

572 reviews
4.0
Aug 30, 2018

Pretty Lucky

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

- great people - feedback is welcomed - ability to suggest changes and make them without red tape - great food

Cons

- expectations are higher and higher each year

4.0
Aug 25, 2018

Great if you fit in

Recommend
CEO approval
Business Outlook

Pros

Like the title says, if you fit in to company culture you can do well. The bonuses are great compared to non-finance development jobs. However as a developer you are miles behind the traders in terms of bonuses, so be prepared to be working with youngsters that are on a multiple of your income. One of the great benefits is that there are no external customers, you are only developing solutions for internal use. This has some great upsides - you only work on projects that are really needed and make an immediate difference to the company. You can see your code go straight into production and directly interact with the users to get feedback. The work/life balance is extremely good compared to previous jobs I have had, you aren't really expected to do extra except to be on standby for external dependencies such as exchange upgrades. Usually the internal work is planned well in advance. The company does have a strong moral(!) compass in terms of trading behavior. We try to compete in a fair way with other market participants and although the phrase 'improve the market' is parroted a lot as a mission statement, I do think it is generally true (while trying to make money of course). There is also the cliche of getting to work with a lot of smart people, in this case it is definitely true.

Cons

If you have no interest in trading then you are not going to progress. Think of it is a trading company that also happens to do development. There is always more work than people and a lot of technical debt. There are so many products and markets we are trying to support that it's almost impossible to keep track of. Although the bonus scheme is open and visible, the shares scheme is completely opaque. There is relatively high staff turnover in all departments. The process isn't completely visible but if the company decides one day that they don't want you then they make you an offer to incentivize you to leave. Sometimes people disappear without a word and you wonder what happened because they seemed competent enough. The bonus structure has extremely coarse resolution, it doubles at each level so it makes an enormous difference to overall remuneration. It is not at all clear what the requirements for these levels are, it is completely at the discretion of your direct manager if you progress. The CTO position has been extremely unstable, the tech leadership at this level is constantly in flux. The team leads have been fairly stable despite this though. There is definitely a Dutch bias in the management positions, while progression generally seems to be based on merit, this is an exception.

3.0
Aug 15, 2018

Good starter job

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Good job for new grad, decent starting salary and opportunity to learn.

Cons

Growth ceiling after first couple years and bad management.

Viewing 427 - 429 of 572 Reviews

Glassdoor has 822 Optiver reviews submitted anonymously by Optiver employees. Read employee reviews and ratings on Glassdoor to decide if Optiver is right for you.