Citadel Reviews | Glassdoor

Citadel Reviews

Updated October 16, 2017
146 reviews

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3.7
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Citadel Founder and Chief Executive Officer Ken Griffin
Ken Griffin
88 Ratings

146 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. "Review"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Great and challenging environment where they want you to succeed

    Cons

    Longer hours that can seem boring


  2. "Investment professional"

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

    I have been working at Citadel full-time

    Pros

    Best technology, best support, high talent level

    Cons

    Hyper competitive, little room for error

    Advice to Management

    Grow at a rationale pace

  3. "Project Manager"

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

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

    Pros

    CEO that is clearly smarter than most.

    Smart people and above average pay.

    Benefits are good: great 401K matching, free lunch and good gym.

    Cons

    Lots of churn in CIO leadership and his team of directs over the last 2 years.

    3 week’s vacation a year (for the first five years) is not enough.

    Advice to Management

    Change is good but too many in 2years.


  4. "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 :)


  5. Helpful (6)

    "Recruiting team"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO

    I have been working at Citadel full-time

    Pros

    None at all that I can think of other than they waste your time

    Cons

    The team size is huge but yet they can't get anything done.

    Advice to Management

    Rebuild the recruiting team with leaders who understand the trading business and are not from a tech firm.


  6. "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.


  7. Helpful (8)

    "Good luck, you'll need it in technology"

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

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

    Pros

    Great pay and bonuses. The benefits are excellent.

    Cons

    The management in technology is a joke. The Directors/Vice Presidents have been there to long and several don't know how tech works. The CTO is always changing so there is no stability. The tech stack is very old. There is also a lot of back stabbing with various teams.

    There is no work life balance. You are expected to work a minimum of 50 hours.

    Advice to Management

    Start from scratch. Bring in new talent and not people that have been in the financial arena their whole lives. Trust your developers.

  8. Helpful (4)

    "Awesome place"

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

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

    Pros

    The best and the brightest work here. You will be given every resource available to succeed.

    Cons

    Very cutthroat. Be prepared to work 3 to 4 years here before being asked to leave, unless you are exceptional.


  9. 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.


  10. Helpful (1)

    "account exec"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at Citadel full-time

    Pros

    great company to work for

    Cons

    could do a better job


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