Citco Reviews | Glassdoor

Citco Reviews

Updated December 8, 2017
648 reviews

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2.7
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Christopher Smeets
104 Ratings

648 Employee Reviews

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Pros
  • Free drinks (plus free beer every Friday) (in 75 reviews)

  • Good Work life balance is great (in 28 reviews)

Cons
More Pros and Cons

  1. Featured Review

    Helpful (14)

    "Senior Accountant"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Accountant in Vilnius (Lithuania)
    Current Employee - Senior Accountant in Vilnius (Lithuania)
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Citco full-time (More than 5 years)

    Pros

    Citco is international company servicing clients all over the world. Working at Citco means growing as professional rapidly, deepening your accounting knowledge in various GAAP's and being central point of contact for financial reporting. Strong sense of teamwork, international culture, nice, friendly and intelligent colleagues. ACCA studies are fully paid by Citco. Great career opportunities since company is growing fast. Benefit package: health insurance, sport club, studies, each overtime hour is paid.

    Cons

    Overtime hours during reporting peaks, but these are steadily reducing, although these are compensated according to law.

    Citco Response

    May 4, 2017 – HR Director, Europe

    Dear employee, what a great review of Citco! It reflects so many things that we hear from employees: Interesting work, opportunities to constantly learn and develop, good culture and strong sense of... More


  2. "Fund Accountant"

    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
    No opinion of CEO

    I have been working at Citco full-time

    Pros

    Pretty nice environment. People are approachable, ping pong is fun and beer is good.

    Cons

    Very unstable. Never know when they're going to relocate your job.

  3. "Great"

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

    I have been working at Citco (More than 10 years)

    Pros

    Good Work life balance is great

    Cons

    Pay is low. not for everyone

    Advice to Management

    Great

    Citco Response

    Nov 10, 2017 – Executive Vice President, HR Operations, Europe

    Dear Citco colleague, It's great to see a review from a current employee. Often reviews come from people who have decided, for one reason or another, that Citco wasn't for them, and obviously that... More


  4. Helpful (9)

    "No longer recommend"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Fund Accountant in Jersey City, NJ
    Current Employee - Senior Fund Accountant in Jersey City, NJ
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at Citco full-time (More than 3 years)

    Pros

    I was exposed to some challenging work!

    Cons

    Everything is being offshored. Too much office politics.

    Advice to Management

    You should remember what made CITCO great to being with. Offshoring everything to India is not the solution to everything.


  5. Helpful (3)

    "Think twice before accepting offer"

    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 Citco full-time

    Pros

    good benefits, knowledgeable and experienced staff

    Cons

    Lack of opportunities, office shrinking due to work moving offshore

    Advice to Management

    follow through with transparency and communication to all staff

    Citco Response

    Nov 10, 2017 – Executive Vice President, HR Operations, Europe

    Dear reviewer, thanks for this review. The everyday experience is always enhanced by working with great people, which we have in abundance at Citco. Its good to see you acknowledge this. Citco has a... More


  6. Helpful (3)

    "Overall Opinion"

    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 Citco full-time

    Pros

    Excellent benefit package offered to employees

    Cons

    Poor management in most areas


  7. "great company overall"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Citco full-time (More than 5 years)

    Pros

    good benefits and work balance

    Cons

    lack of training. communication needs improvement

    Citco Response

    Nov 9, 2017 – Executive Vice President, HR Operations, Europe

    Dear reviewer. Thanks for taking the time to provide a review. Often the reviews are from people who have decided that Citco wasn't for them and have moved on. Therefore it's great to see a review... More

  8. Helpful (3)

    "Account Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Account Manager in Jersey City, NJ
    Former Employee - Account Manager in Jersey City, NJ
    Doesn't Recommend
    Neutral Outlook

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

    Pros

    Provided many in house training sessions

    Cons

    Don't seem to value their employees.


  9. Helpful (1)

    "Senior Financial Statement"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Citco full-time

    Pros

    -Salaries are competitive to other similar jobs in the industry
    -Flexible work schedules

    Cons

    -Can be difficult to move up depending on team structure
    -Most training is done by team members
    -Little opportunity to meet with clients face to face


  10. Helpful (2)

    "Hedge Fund Accountant"

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

    I have been working at Citco full-time

    Pros

    Management is patient and much of the work is done independently so there is little pressure with the exception of timelines

    Co-workers are sociable and inclusive

    Beer in the breakout room

    Clear career path, oppurtunites for professional growth and to relocate

    Cons

    Not a significant amount of training. On site trainer was released so a trainer would only visit every other month for a couple of days.

    Not much diversity

    Stability and job security in question as teams are laid off

    Advice to Management

    Management should be more hands with employees in the early stages.

    Citco Response

    Oct 10, 2017 – Executive Vice President, HR Operations, Europe

    Dear Reviewer, great to see so many positives outlined about working at Citco. I particularly note your reference of clear career path and opportunities for professional growth. We want our... More


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