Trayport preaches internal promotion and mobility when in reality they would rather get people from outside to fill more senior positions than to promote from within. "Junior" employees that want to put themselves forward to progress are blocked in a way that they end up being grateful to get the extra responsibilities and stress but without the deserved title change or increased remuneration. Because of this, many people are now leaving the company.
Even more inexplicable and frustrating is that the "Junior" employees will be covering up all responsibilities of more Senior positions with no issues whatsoever while Trayport recruits unexperienced people from outside. Then it will ask these "Junior" employees to tutor and train the "Senior" new comers. In reality, it will take at least 8 months for the new "Senior" team members to reach the knowledge level required for their position whilst 'Junior' team members are already there. If you are at least a tiny bit ambitious, this will more likely not be the company for you.
The big issue with this company are 2 main things:
1.- It grew A LOT really quickly so upper management in this company has basically no experience whatsoever in managing a multimillion pound business.
2.- Being pretty much a monopoly, the big flaws in management are not reflected in terrible financial results.
