Och-Ziff Capital Management 41 Reviews | Glassdoor

Och-Ziff Capital Management Reviews

Updated February 5, 2017
41 reviews

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Full-time Part-time

2.9
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Och-Ziff Capital Management Chairman, CEO, and Chief Investment Officer Daniel Och
Daniel Och
17 Ratings

41 Employee Reviews

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  1. Featured Review

    "Great Opportunity"

    Star Star Star Star Star
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    I work as a programmer and have seen the organization go through some changes in the last couple of years.
    The current leadership seems to have settled in and the direction seems to be optimistic.
    There is more support for new ideas and agile with newer technologies.

    Cons

    Define clear path for career growth

    Advice to Management

    Reward talent with opportunities for career growth


  2. "Och Ziff"

    Star Star Star Star Star
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Och-Ziff Capital Management full-time

    Pros

    Free food, nice office, decent hours

    Cons

    not a ton of opportunity to advance


  3. Helpful (9)

    "Avoid this firm"

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

    I worked at Och-Ziff Capital Management full-time

    Pros

    Free breakfast, lunch, and well stocked kitchen. Although the benefits are somewhat offset because the firm expects you to eat at your desk every day.

    Cons

    Dishonest management, 0 career growth opportunity. The firm is very big on face time and not so much on work life balance, lots of restrictions as well as culturally frowned upon to take vacation days.

    Advice to Management

    Accept the feedback from employees rather than tell them why they are wrong


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  5. Helpful (11)

    "Low employee morale"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at Och-Ziff Capital Management full-time

    Pros

    Well known name and reputation which helps when you want to move somewhere else. Good pay. Very nice location and free food.

    Cons

    Low employee morale. Many people leaving or looking for other jobs. Company hired too much recently and isn't doing well to justify it anymore. Unnecessary long hours. Firm and industry are not in growth mode. Active cost cutting.

    Advice to Management

    Reduce face time and try to create a friendlier culture. Need more flexibility in working hours. The OZ name isn't going to bring good people in or keep them anymore so need to work on culture.


  6. Helpful (12)

    "Stay Away!"

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

    I worked at Och-Ziff Capital Management (More than 5 years)

    Pros

    Some smart colleagues and possible exposure to multiple asset classes (depending on your role).

    Cons

    Firm is in legal trouble with SEC so tough time right now. Biggest problem with OZ is the whole layer of management -- can't think of one MD/EMD/Senior Manager who is motivational or technically impressive or cares about employees or just really understands how to leverage a technology and ops group within a financial firm. Problem starts at the very top and filters downward. From a tech perspective, it doesn't help that the firm's senior management has no tech or ops background and tech management is not really a deeply experienced, creative or motivational group (....mostly the opposite). Firms seems to be mostly a bunch of lawyers and compliance people now. I would stay away unless you hear that legal troubles are resolved and most of management has been replaced.

    Advice to Management

    Look in the mirror. How many reviews here talk about the "management" of OZ -- time to look at who you hired in last 3 or 4 years and what happened after that. Time to hire people that understand how to inspire tech and ops people unless you like the revolving door. You need a completely clean slate across the board but not with the same type of socially awkward, self-serving "managers" that chased away almost every good tech person that worked there.


  7. Helpful (3)

    "OZ"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I have been working at Och-Ziff Capital Management full-time (More than a year)

    Pros

    Good place to build your career
    Paid breakfast and lunch

    Cons

    The firm is going through tough period
    Hours can be long
    Communication isn't good
    No growth within the firm


  8. Helpful (13)

    "Stay away from back office and technology roles"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Och-Ziff Capital Management full-time (More than 5 years)

    Pros

    Talented Investment Management Teams, Free lunch/gym, Good work life balance

    Cons

    Political Environment
    No growth opportunity - talented people remain in the same role for several years for slightly better than average compensation
    No organizational support for employees with good ideas in back office and technology
    Very top down management "Do what you are told" culture

    Advice to Management

    Improve communication across the organization


  9. Helpful (1)

    "OZ"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY
    Recommends
    Positive Outlook

    I have been working at Och-Ziff Capital Management full-time

    Pros

    -Beautiful office space
    -Breakfast & lunch provided
    -Gym on site
    -OZ is a smaller firm so you get to know a lot of different people
    -The firm has a collegial environment. The work is both interesting and challenging but there is a large sense of camaraderie among employees.

    Cons

    -Hours can be long
    -Management can be intense at times

    Advice to Management

    -Invest more in junior employees


  10. Helpful (18)

    "Don't Drink the Kool-Aid"

    Star Star Star Star Star
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY
    Doesn't Recommend
    Negative Outlook

    I worked at Och-Ziff Capital Management full-time (More than a year)

    Pros

    Paid breakfast & lunch (but gets old quickly).
    Gym on premises (but not allowed to use it during the day - only before or after work)

    Cons

    1) Google “Och Ziff” & “Africa” to understand the SEC investigation against the company that is still not resolved
    2) Stock has dropped over 70% since Jan 2014 since investigation has started to gain momentum (obviously not a good sign)
    3) Elitist management
    4) Cult –like atmosphere -- they expect you to give up your personal life & worship senior management -- very cliquey in certain departments
    5) There is a real division between Front Office & Back office roles – the people on the upper floors “look down” at anyone that’s not in a role that makes them $$ (accounting, operations, compliance, etc.)
    6) No room for advancement
    7) There is NO DIVERSITY (company is driven by an all-white male jewish faction)
    8) No corporate philanthropy (it's only for show - they do not legitimately care or promote any of the causes they claim to support).
    9) NO Corporate Culture - no sense of congeniality among co-workers (most people are out for themselves and there is no sense of "teamwork")

    ** NOTE - all of the "good" reviews were written internally - as you'll notice they sound like they're all written by the same person - use similar language and comment on the same things.**


  11. Helpful (2)

    "Great place to build a career"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY
    Recommends
    Positive Outlook

    I have been working at Och-Ziff Capital Management full-time

    Pros

    Despite Och-Ziff's 20-year history, it still has its its entrepreneurial spirit. It is not too small, where you will get lost, but big enough that each individual can grow a career. The culture is one in which hard work is appreciated and rewarded, regardless of title or group. There is certainly an open door policy here. If you have an idea and a proven path, you voice is heard, respected and appreciated.

    Cons

    Systems sometimes lag the entrepreneurial spirit



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