Optiver Reviews | Glassdoor.ie

Optiver Reviews

Updated 15 Dec 2019

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4.0
83%
Recommend to a Friend
Pros
Cons
  • "Bit of discrepancy in salary between developers and traders(in 10 reviews)

  • "Long hours which are (unfortunately) an industry standard(in 9 reviews)

More Pros and Cons
  1. "Rewarding, Stimulating and Constructively Challenging Trading Firm"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Amsterdam
    Recommends
    Positive Outlook

    I have been working at Optiver full-time for more than 10 years

    Pros

    A leader in the prop trading / market making industry with global reach, brand, and opportunity. Strong financial track record with profit share based reward structure can lead to significant financial reward. Focus on a culture of collaboration and teamwork, not secretive like others in the industry. High expectations for intelligence and ability for all employees so you are always working with the best. Relatively low level of office politics. Still plenty of room for expansion in the markets for Optiver.

    Show More

    Cons

    Requires a high level of commitment, drive, and intelligence. If you are not ready / no longer willing to commit at that level you will need to part ways. Business priorities can shift quickly with relatively little regard to the effects this has personally for employees. Demanding job that is tiring, not necessarily doable for the long term.

    Optiver2019-12-15
  2. "Great workplace"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Associate - Middle Office 

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

    Pros

    Great perks and people to work with

    Cons

    Sometimes have to put in long hours

    Advice to Management

    Keep up good work, recognize achievements of employees

    Optiver2019-11-23
  3. "Very Isolating"

    StarStarStarStarStar
    Former Employee - Director 

    I worked at Optiver full-time for less than a year

    Pros

    Lots of great learning in a short amount of time

    Cons

    You need to figure everything out on your own with zero on-boarding and training. Expectations are not clear.

    Optiver2019-12-04
  4. "Great place for expats looking to build a future in the Netherlands"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Amsterdam
    Recommends
    Positive Outlook

    I have been working at Optiver full-time for less than a year

    Pros

    Interesting and engaging work Enormous growth opportunities Attractive reward structure Very international culture Loads of support to help you and your family settle in the Netherlands

    Cons

    Have not yet caught-up with current flex-working trends but this might change in the future

    Advice to Management

    Keep up the good work

    Optiver2019-11-19
  5. Helpful (5)

    "Great benefits, long hours, good bonuses"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - IT Operations in Chicago, IL
    Recommends
    Neutral Outlook

    I have been working at Optiver full-time for more than 3 years

    Pros

    Base pay is average, bonuses are good in recent years as the company has done well (bonus payout is directly tied to profits). 401k match is fantastic. Fun company events every few months including a yearly trip. Opportunity to work with new technologies that you may not get to use at a company with smaller budgets. Optiver is not afraid to spend on IT as long as it will improve trading.

    Cons

    Work/life balance for IT Ops staff has decreased a lot in the past 12 months. Working Saturdays and late into the evening has become quite common as projects are pushed by trading. This has also been the source of some recent resentment between various departments. People have become increasingly stressed and overworked in recent months.

    Optiver2019-10-28
  6. "Bad experience"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee 
    Doesn't Recommend

    I worked at Optiver full-time

    Pros

    Smart people, continuously challenge yourself

    Cons

    Salaries for non traders is abysmally low

    Optiver2019-11-25
  7. "Benefits to work with optiver"

    StarStarStarStarStar
    Current Employee - Anonymous Employee 
    Recommends
    Positive Outlook

    I have been working at Optiver part-time

    Pros

    They have very nice clientele here.

    Cons

    Sometimes it gets very hectic

    Optiver2019-09-29
  8. "Good at what they do"

    StarStarStarStarStar
    Current Employee - Trader 

    I have been working at Optiver full-time

    Pros

    Good at what they do

    Cons

    Culture is not great imo

    Optiver2019-09-17
  9. Helpful (5)

    "Great benefits, smart people"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Systems Engineer in Chicago, IL
    Recommends
    Positive Outlook

    I worked at Optiver full-time for more than 5 years

    Pros

    You get to work with a lot of smart people. There is very little dead weight, and everyone contributes. I.T. isn't viewed as a cost to be reduced, because I.T. is the lifeblood of the company. Pay and benefits are outstanding.

    Cons

    With the pay (especially bonuses) being so high, it means management knows you'll put up with a good deal of crap before leaving. Also, the flip side of being a company with lots of smart people is that if you're not above average in your field, your days will be numbered if you happen to slip through their interview process.

    Optiver2019-08-19
  10. Helpful (4)

    "Not for most people..."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Trader in Sydney
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I worked at Optiver full-time for more than 3 years

    Pros

    Perks Some of the people

    Cons

    Management, the louder you are the more chance you're a senior manager. Perks are really just there to bribe you and keep you in the office Work life balance isn't possible The lack of people with general people skills hurts the business significantly The business doesn't value people as much as they say they do

    Advice to Management

    Hire leaders, don't promote just because someone is the loudest on the floor.

    Optiver2019-09-10
Found 183 reviews