It is a soul-crushingly restrictive environment where only a small handful of executives have any initiative. - Associate Director Citco Employee Review

1.0
27 Nov 2019
Recommend
CEO approval
Business outlook

Pros

The base salary is decent, but the bonuses are small (and they don't disclose the target percent up front).

Cons

With the exception of a small handful of people, they consider work force a fungible asset. For the people who do stay, you are completely at the mercy of senior management's whims. I was reorganized to report to a new supervisor without being told--I don't mean I wasn't told prior; I mean wasn't told weeks after-the-fact until I noticed a new org chart. I had headcount included in my budget only to be told (and this was after I had interviewed several people) that my supervisor had used up that headcount to hire someone he worked with previously who was looking for work. The supervisor invented a new position for that person and never told me he had used up headcount in my budget to do so. This is, by leaps and bounds, the biggest boys club I've ever seen. Managers would talk openly about female employees' and their looks, stare at women as they walked by, and categorize female employees into one of two categories: good looking but not good at their jobs, or not good looking but good at their jobs. Once a senior manager sent an internal email to the entire office that include a joke about a specific employee watching porn. The hierarchy here isn't just rigid, it's practically religious. Someone with a higher job title could assign you tasks and you were expected to perform them simply because if their position on the org chart--it didn't matter if you didn't report to this person or even if he was in an entirely different org. In order to save cost, the main office was in Jersey City, but if you were senior management, you sat in an office in Midtown. So management literally sat in a different city from the people who reported to them.

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Citco Response
6y
This is not the Citco I recognize and indeed goes completely against our values. We are committed to creating a comfortable, transparent and collaborative environment for all our employees so I am disappointed to hear about some of your experiences. We see all feedback as an opportunity to improve, so thank you for leaving your feedback.

Explore other reviews about Citco

5.0
8 Apr 2026
Recommend
CEO approval
Business outlook

Pros

Great work culture and energy from people

Cons

Work can become tedious at times

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Citco Response
3w
Thank you for the 5 star review, It is great see you experiencing our work culture and the camaraderie you have with your colleagues. We would also encourage you to explore more internal communication channels available to you to address your specific concerns. Thank you for sharing comments and for the 5 star review!
4.0
23 Mar 2026
Recommend
CEO approval
Business outlook

Pros

Its best to work here for a few years and gain experience elsewhere.

Cons

Company went from 2 days on-site to now 3 days on-site, i dont mind it but this company has low morale and all the employees are sick of this place now. If you want a high salary but no opportunity to advance this is the place for you. 80% of the company is senior level and no room for growth or promotional opportunities.

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Citco Response
1mo
Thank you for the 4 star review. We strive for work life balance with our hybrid working policy, working in the office as a team contributes to our collaborative ethos in Citco. We would also encourage you to explore more internal communication channels available to you to address your specific concerns.
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