Citadel Reviews in Chicago, IL | Glassdoor

Citadel Chicago Reviews

Updated September 15, 2017
68 reviews

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Chicago, IL Area

4.1
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Citadel Founder and Chief Executive Officer Ken Griffin
Ken Griffin
50 Ratings

68 Employee Reviews

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Pros
  • good environment and smart people (in 19 reviews)

  • You can learn a lot as a technologist (in 8 reviews)

Cons
  • Work-life balance can be challenging (in 16 reviews)

  • long hours hard work its win or lose (in 8 reviews)

More Pros and Cons

  1. "Great earning potential"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Recruiter in Chicago, IL
    Former Employee - Recruiter in Chicago, IL
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Citadel full-time (Less than a year)

    Pros

    -Strong leadership and integrity
    -Stability
    -High compensation
    -Great talent

    Cons

    -Very high expectations all the time which can be too intense for some

    Advice to Management

    None ! Keep up the good work :)


  2. Helpful (2)

    "Great Company to Work for Overall"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Intern - Software Engineering in Chicago, IL
    Current Intern - Software Engineering in Chicago, IL
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Citadel as an intern (Less than a year)

    Pros

    - Very little bureaucracy
    - Large amount of support from company and team
    - Prestigious network of people to work with
    - Very good pay
    - It's good to see that there a lot of people who have been with the company for 10+ years which really does mean a lot
    - A pleasantly large number of corporate sponsored events that adds color to the experience
    - Large number of perks and benefits

    Cons

    - Sometimes the company does treat you like a number and simply wants you to as you've been assigned
    - Planning seems to be lacking on occasion
    - Not all the employees are friendly/approachable

    Advice to Management

    Invest into quality HR. They do make people happy but if they don't have the resources or proper talent, some people in the company may feel left out/neglected and possibly leave.

  3. "Great Technology to work with, need some stability in management"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Software Developer in Chicago, IL
    Former Employee - Software Developer in Chicago, IL
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Citadel full-time (More than 8 years)

    Pros

    My experience at Citadel was very positive. A great place to learn new skills and augment existing ones. I thought the opportunity to work with some of the latest technologies can only help the employees stay current with their skill sets.

    Cons

    There is a degree of us vs them attitude both internally and externally. A willingness to have a helpful attitude while present is overshadowed with many instances of not caring for other party.

    Advice to Management

    Need to have some stability in upper management. There is too much turn over with each new management having differing priorities.


  4. Helpful (12)

    "Operations Associate"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Chicago, IL
    Former Employee - Anonymous Employee in Chicago, IL
    Approves of CEO

    I worked at Citadel full-time (More than 3 years)

    Pros

    Citadel is an extremely professional environment where everybody takes their jobs very seriously. Management is very engaged, knowledgeable, and in the weeds of what is going on. Nobody lasts at Citadel due to anything besides merit.

    Great compensation. Your salary will be the highest that there is in the industry.

    Catered breakfast/lunch/dinner.

    Cons

    There are two key problems with working in any BO/MO position at Citadel:

    1. You have no future within the company doing anything besides what you are doing now. HR and your manager(s) may pretend like there will be opportunities, but that will never happen and you can look at the people at the firm for proof. Nobody transitions into anything desirable. Advancements are in title only. There are people that have been there for 10 years and are 'managers' and even directors that are doing the same menial work that interns will do. There is zero chance for professional growth or career development. The leadership is entrenched (if you would even want their jobs) and not leaving anytime soon. Stay far away if you are ambitious because, despite the name and compensation, it is very much a dead end for your career. Your only hope for meaningful career advancement is to leave for another firm after 3-5 years (which is all Citadel is trying to get out of you).

    2. You are compensated more because you are expected to work dramatically more hours than comparable positions anywhere else. On an hourly basis, you are paid the same as people anywhere else, often even less. It is common to work >12hr days in a MO or BO role at Citadel and not uncommon to see people putting in 14 hour days and working weekends. This happens because there is consistent understaffing and a lack of respect for life outside of work. The claim from management is that you need to 'leverage technology,' which is mostly unsubstantiated rhetoric. Many things cannot (currently) be automated. This would be tolerable if there was any future for people willing to put in such work, but there is not.

    Advice to Management

    Give people an opportunity to develop their skills and career. It is a dead end for anybody ambitious if they aren't already on a PM track.


  5. Helpful (7)

    "A lot of under qualified people hiding in bureaucracy"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Data Architect in Chicago, IL
    Former Employee - Data Architect in Chicago, IL
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Citadel (More than a year)

    Pros

    Free lunch. Flexible work hours.

    Cons

    Poor management. Rampant blame culture.


  6. Helpful (16)

    "Citadel Securities"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Software Developer in Chicago, IL
    Former Employee - Software Developer in Chicago, IL
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Citadel full-time (More than 3 years)

    Pros

    Comp is very good. Free food is decent.

    Cons

    No work life balance (you would work 10-11 hours a day min), constant jokes from peers (and management) of "do or be fired". Interests are very short term. Failure is not an option. CYA culture everywhere. Zero planning. No transparency from above. Very poor communication when people come and go. One day you are sitting next to someone, next day he is gone. No notice, no nothing - just like that.

    Advice to Management

    Grow up. You have all the money in the world already.


  7. "Analyst Review"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Commodities Analyst in Chicago, IL
    Former Employee - Commodities Analyst in Chicago, IL
    Recommends
    Approves of CEO

    I worked at Citadel full-time (More than 5 years)

    Pros

    Very good place to learn

    Cons

    Not a great place to advance

  8. "Very nice place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - Senior Technical Writer in Chicago, IL
    Former Contractor - Senior Technical Writer in Chicago, IL
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Citadel as a contractor (More than a year)

    Pros

    Compensation
    Intelligent employees
    Interesting work
    Chance to be creative
    Changing pace
    Lunch, food, drink

    Cons

    Some people may not like the change of pace, other might. Since things can change, it is possible that you might have to abandon something you are working on to take over another task, or work on multiple projects simultaneously. So if you only like to work on one thing at a time, or expect a long term road map that will be adhered to, know that things can suddenly change once in awhile.

    Advice to Management

    Keep up the great work


  9. "Talent Management"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Chicago, IL
    Former Employee - Anonymous Employee in Chicago, IL
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Citadel full-time (More than 10 years)

    Pros

    Citadel has passionist professionals who strive to be their best everyday. They are intelligent, compassionist, collaborative, and thinking of how they can improve the future today.

    Cons

    Depending on who you are, the pace is driven, intense, and filled with ipportunity.

    Advice to Management

    Continue to value the employees. They drive the culture forward and overall success of the firm.


  10. Helpful (4)

    "Senior Software Developer"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Software Engineer in Chicago, IL
    Current Employee - Senior Software Engineer in Chicago, IL
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Competitive, in-house proprietary softwares so you can learn a lot. Allowed to fail few times. Food.

    Cons

    Hectic. You own a lot of software and no one to back, because they are busy themselves. So you feel the weight of responsibility. Not much chitchatting with colleagues. Daily routine is get in - slog - get out.

    Advice to Management

    Great company, flat organization, no bureaucracy - please keep it that way.


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