Optiver reviews

3.7

60% would recommend to a friend

(571 total reviews)

57% positive business outlook

Optiver has an employee rating of 3.7 out of 5 stars, based on 571 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

571 reviews
4.0
Jul 26, 2019
Recommend
CEO approval
Business Outlook

Pros

I worked at Optiver many years ago, so take everything with a grain of salt. From a trader perspective, they do a lot right. The people are very talented, the software is cutting edge and fast, and the compensation/benefits are very good. I think they also did a good job creating and keeping a culture where everyone tries to improve, and everyone feels like they're on the same team.

Cons

I feel like the top traders don't necessarily make for the top managers, and they need to continue to train traders throughout their career. Non-traders sometimes were treated like second class citizens, which obviously shouldn't be the case. The culture is very aggressive - there's a ton of pressure to keep improving or you could be out of the company sooner rather than later, which is a lot of stress to have. And the comp structure, while good, was very top heavy.

3.0
Jan 11, 2018

Business Operations

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Flat Structure Great Office Good Food and Company Trips Great Compensation Great Teambuilding Events Fun Smart People Opportunity to learn and develop new skills in a great environment

Cons

Team leads and managers have inconsistent skills as managers--sometimes making it hard to evaluate your performance. Also, because of that fact, people stop trusting their managers.

5.0
Dec 28, 2017
Recommend
CEO approval
Business Outlook

Pros

I have worked at two large and successful companies and one smaller government position since graduating college. Working at these other companies really lets me appreciate working at Optiver and all the benefits therein. Compensation - salary, bonus, health insurance, 25 vacation days on top of all the market holidays, and the dollar for dollar 401k match make the compensation is top tier. Culture - incredibly strong culture. Almost everyone working here checks their ego at the door and the best ideas win. The focus is on long term growth and doing the right things not only for Optiver but for the market. Executives /leadership - The people steering the ship at Optiver not only have great vision and insight they know their employees and hang out and have a beer on Fridays after work. Outlook - Amazing outlook and growth. Optiver Chicago is the best at pricing options on the SP500 complex globally. Seeing the current trend of money moving into passive index funds Optiver is poised to keep growing even in a low volatility market. Work/life balance - The after hour and weekend work here is very limited and much less than when I worked at other large companies. You are treated like a person here and if you have a family emergency people will go out of their way to cover for you. Perks - Coffee barista, catered breakfast and lunch, huge variety of snacks and drinks, ping pong table, pool table, weekly massage, beer and wine available after work. All free.

Cons

Optiver is flat organization. Overall I think being flat is better but it could feel like growth is limited. You have to work at a high level each and everyday. Once again I feel like this is a benefit. If you are not performing over a sustained period you will eventually get cut but this makes Optiver stronger as there is no dead weight.

Viewing 43 - 45 of 571 Reviews

Glassdoor has 820 Optiver reviews submitted anonymously by Optiver employees. Read employee reviews and ratings on Glassdoor to decide if Optiver is right for you.