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The latest conversations about Finance
6 hours ago
Received a verbal offer approximately 6 months ago but position was put on hold indefinitely due to budget. Last communication with recruiter is that it’s possible to hear back in December/January. Has anyone had any luck being contacted back from a job that was placed on hold after receiving a verbal offer? Would you attempt to reach out to the recruiting team again for any kind of follow up?
10 hours ago
2 yrs ago, I had an issue at the bank with a withdrawal from checking. Just like any other day, I handed a withdrawal slip and my ID to the teller and waited for my money. I could tell right away, she didn’t like something but wasn’t sure what. She made me wait for half hour just to tell me that I was not gettin any money. Surprised, I asked for a manager who made me wait for another half hour only to tell me the same. The suspicious looks from employees and customers were awful. Cont. below
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Top Review Highlights by Sentiment
Excerpts from user reviews, not authored by Glassdoor
- "Can be stressful and long hours" (in 19 reviews)
- "Poor management promote the worst people to management roles after seeing their own negative traits in them." (in 16 reviews)
- "Experience entirely dependent on your team and direct manager" (in 11 reviews)
- "Lack of diversity" (in 6 reviews)
- "Career opportunities not as good as other companies" (in 4 reviews)
Ratings by Demographics
This rating reflects the overall rating of Optiver and is not affected by filters.
- 5.0Nov 13, 2023Anonymous EmployeeCurrent Employee
Surrounded by the smartest people in their respective fields who all push to be better and also push you to be better
Feedback can be harsh but at the same time it is usually warranted
- 2.0Nov 29, 2023TraderCurrent Employee, more than 3 years
High mid-career compensation relative to other mid-tier firms in the industry. 25 vacation days each year.
Political. There's a lot of people in upper management who obviously didn't get there through merit (just look at the number of business majors!) You'll have more success as a sycophant than as a competent trader. Coworkers are unintelligent. Seriously, ask someone here a math question. There's a 10% chance they'll be able to answer and most people here just cheated through the interviews. The company's success is more due to their willingness to take risk and the relatively few players in the space than anything else. Cutthroat environment. Traders here are unhelpful and often play weird games to make themselves look better. Disorganized. Because traders don't do anything that's not in their personal best interest, it's hard for anything collaborative to succeed from the trading side. Opaque. Optiver's transparent about how much everyone makes, but management decisions are shrouded in mystery. No one will ever give you feedback on how you're doing until your end of year review and you may be assigned to a different desk with no warning or personal input, including desks with overnight hours.
- 4.0Oct 26, 2023Compliance AnalystFormer Employee, more than 1 yearChicago, IL
Food, Culture, Dynamic, Brilliant Colleagues
Middle management, poor hiring/firing procedures, still figuring out how to scale
- 2.0Nov 15, 2023Junior TraderFormer Employee, less than 1 yearChicago, IL
Dynamic and Challenging Environment Collaborative and Innovative Culture
Highly Competitive Environment Market Volatility Impact
- 3.0Sep 21, 2023Software EngineerFormer Employee, more than 1 yearChicago, IL
Compensated well, working with very talented people and well designed systems. Nice office, lots of perks
Wasn't a very supportive environment, didn't really need to be since they compensate so well. Autonomy highly expected, positive feedback optional. Worked average of 49 hours a week1
- 1.0Sep 17, 2023TradingFormer Employee
Pay is above industry average
Comically political dressed as high performance in all offices, APAC being the worst but Ams/Chicago are not far behind A lot of mediocre people get to the top if they know how to play the game here Prepare to become a wage slave, the team leads and senior traders here have no life and they praise each other for the WLB that they sacrifice4
Optiver Reviews FAQs
Optiver has an overall rating of 3.8 out of 5, based on over 539 reviews left anonymously by employees. 71% of employees would recommend working at Optiver to a friend and 76% have a positive outlook for the business. This rating has decreased by -10% over the last 12 months.
71% of Optiver employees would recommend working there to a friend based on Glassdoor reviews. Employees also rated Optiver 3.3 out of 5 for work life balance, 3.6 for culture and values and 3.9 for career opportunities.