First Derivatives Reviews | Glassdoor

First Derivatives Reviews

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Found 275 reviews

3.1
StarStarStarStarStar
Rating TrendsRating Trends
58%
Recommend to a Friend
61%
Approve of CEO
First Derivatives CEO Brian Conlon
Brian Conlon
176 Ratings
Pros
Cons
  • "Locals from Newry have great chances to be assigned in great locations(in 39 reviews)

  • "Can feel disconnected from HQ when on client site(in 21 reviews)

More Pros and Cons
  1. "Providing opportunities you may never had thought possible"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Data Scientist in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at First Derivatives full-time for more than a year

    Pros

    Travel opportunities Free accommodation in the world's biggest financial centres Daily Expense Package In-house technical and financial training Young, friendly & enthusiastic employees Ambitious yet helpful management Smooth transmission for graduates into the workforce

    Cons

    There can be uncertainty as to where you could be deployed, and when Lack of expenses when in Newry

    First Derivatives2015-10-20
  2. Helpful (2)

    "Great Company with Massive Potential Weighed Down by Poor Upper Management Leadership"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Recent Graduate Hire 
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at First Derivatives full-time for more than a year

    Pros

    - Great opportunities for training and experience for recent graduates - Exposure to fascinating technology and interesting companies - Opportunities for recent hires to work with senior management very quickly - Great opportunities for travel - Fantastic coworkers; an established company with start-up vibes among the young staff - The company is actively hiring and employing hundreds of recent graduates and sports...

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    Cons

    - Senior management is trying to transform a '90s style consulting company into a modern tech company but is very out of touch with modern tech company culture. - Next to no incentives for young employees to go above and beyond. - All power and decisionmaking authority is consolidated into the hands of a few, causing the company to be rife with micromanagement. - Understaffed and overwhelmed HR department - Pay...

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    Advice to Management

    Most of these cons can easily be fixed by investing in company infrastructure, mainly hiring HR personnel and senior management reps from outside the company, and ideally outside of the CEO's friend group. While these professionals with an existing relationship to the company or its leadership may be very qualified, the company would benefit from differing points of views and a change in culture. I have an enormous amount...

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    First Derivatives2019-03-27
  3. "Shady and exploitative"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Financial Engineer in New York, NY
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at First Derivatives full-time for more than 4 years

    Pros

    Good opportunities for travel if lucky, good way to build a CV as a graduate

    Cons

    Upper management, sales and human resources are all severely lacking. Once you are shipped off to a client, they do not care about you as long as you are billing. Can end up pressured into a role you may not be comfortable with or suited for, simply because the company seek to bill out fast with no long term thoughts to the impact on employee or client relationship. The human resources department is inadequately staffed...

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    First Derivatives2019-04-03
  4. Helpful (3)

    "Dishonest Management"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Consultant in New York, NY
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at First Derivatives full-time for more than 2 years

    Pros

    Literally none. This place didn't live up to any of the promises they made me in terms of projects, pay, or career track.

    Cons

    The sales guys will make you big promises to get you to take a project and then completely spurn any contact once you start. I think they're so used to dealing with Irish kids who are literally unable to leave the company without paying a significant financial penalty and losing their work visas. I don't even understand how they get away with such unethical practices. It's a short step to indentured servitude.

    Advice to Management

    Fire your NYC sales team. Grow a conscience.

    First Derivatives2019-03-27
  5. "Good for juniors"

    StarStarStarStarStar
      Former Employee - Anonymous Employee in New York, NY
      Recommends
      Positive Outlook
      Approves of CEO

      I worked at First Derivatives full-time for more than 6 years

      Pros

      Great training program for early stage careers

      Cons

      Not much room for advancement after the first few years

      Advice to Management

      Figure out longer term career paths for junior personnel

      First Derivatives2018-11-12
    • Helpful (3)

      "Anonymous Employee"

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

      I have been working at First Derivatives full-time

      Pros

      There are no pros to working here.

      Cons

      First Derivatives is notorious for not paying their employees.

      Advice to Management

      Pay your employees.

      First Derivatives2018-11-21
    • Helpful (12)

      "Misled and unethical"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Compensation and Benefits
      • Senior Management
      Former Employee - Data Scientist in New York, NY
      Doesn't Recommend
      Neutral Outlook
      No opinion of CEO

      I worked at First Derivatives full-time for more than a year

      Pros

      Little to none other than the expense package and living in NYC.

      Cons

      There is a severe lack of transparency and communication in the company. I was misled during the interview process about my compensation package. The training program is not what the company says it whatsoever. The managers in the company are not helpful and it feels as if everyone you meet has a hidden agenda. It is nearly impossible for anyone to give you straight answer about anything.

      Advice to Management

      Restart the company, needs an overhaul before the investors figure out what you're doing.

      First Derivatives2018-09-25
    • Helpful (2)

      "Good for Grads but questionable for Experienced Hires"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Compensation and Benefits
      • Senior Management
      Current Employee - Financial Engineer in New York, NY
      Recommends
      Positive Outlook
      No opinion of CEO

      I have been working at First Derivatives full-time for more than 9 years

      Pros

      Great for access to roles in Capital Markets and travel opportunities. Benefit from First Derivatives' partnership with Kx Systems.

      Cons

      Grads should expect poor Career Development after initial two years training. Equally poor direction for Experienced Hires who are on the consulting track.

      Advice to Management

      Focus on retaining existing employees by addressing the following: - Poor flexibility in support for accredited further education. - Poor career development tracks for experienced hires and employees who have been with the company after graduating from the CMTP program. - Global firm should have Global HR coverage but most services are based in Northern Ireland between 9am - 5pm, Mon - Fri. - Poor Parental Leave policies...

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      First Derivatives2018-08-08
    • Helpful (3)

      "Before you join. Know some things"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Compensation and Benefits
      • Senior Management
      Current Employee - Data Scientist in New York, NY
      Doesn't Recommend
      Negative Outlook
      Disapproves of CEO

      I have been working at First Derivatives full-time for more than 2 years

      Pros

      More Cons: For some reason everyone has to wear a suit and tie all the time. They have an 9 hour work days for some reason

      Cons

      No say on where you live. No professional benefit from CMTPs. Chained to expenses without a real salary

      Advice to Management

      You really should stop treating your employees like children.

      First Derivatives2018-08-21
    • "Okay first job straight out of college"

      StarStarStarStarStar
        Former Employee - Anonymous Employee 

        I worked at First Derivatives full-time

        Pros

        All your accommodations are covered.

        Cons

        Actual cash salary is too low

        First Derivatives2018-07-03
      Found 275 reviews