Citi

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Citi Reviews in London, England

Updated May 19, 2014
All Employees Current Employees Only

3.0 85 reviews

74% Approve of the CEO

Citi CEO Michael Corbat

Michael Corbat

(19 ratings)

50% of employees recommend this company to a friend

Review Highlights

Pros
  • Citi generally has a good work-life balance for a financial services company(in 193 reviews)

  • Allowed to work from home at least three times a week, was given praise for work from upper management(in 74 reviews)


Cons
  • One of the greatest asset working here was the Work Life balance(in 91 reviews)

  • Senior management continues to move jobs from NYC to Buffalo to save money(in 113 reviews)

13 Employee Reviews Back to all reviews
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    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

    1 person found this helpful  

    Very Unethical, A playground for complacency and incompetence.

    Senior Analyst (Former Employee) London, England (UK)

    ProsGreat exposure to projects and software systems if you are willing to sacrifice your life.

    ConsVery little opportunity for reward or recognition if you are not part of the "clique". Suggest avoiding like the plague. Senior Management lack direction, and your peers are likely to kick back and watch you do all the work and then take credit for it.

    Advice to Senior ManagementStop allowing the employment of incompetent people just because they are friends of friends, and ensure rewarding the best individuals to retain talent. Set a clear career path, and make sure goals are fair and attainable, and not used to hold individuals back.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    KYC QA Analyst/Client Service officer

    Service & KYC QA Officer (Former Employee) London, England (UK)

    ProsNone, any more...
    Used to be a fantastic place to work 10-15 years ago

    ConsStressful environment for the last 10 years

    Advice to Senior ManagementListen to employes. Change management

    No, I would not recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    A facade of meritocracy

    Vice President (Current Employee) London, England (UK)

    ProsCitigroup is company with global presence and across many markets. This means that given you are in the right place at the right time, there are internal opportunities to be taken, provided you have sufficient contacts.
    There is a scheme which allows remote working which if your area allows, can be very flexible.

    ConsThere seems to be very little causal link between performance and compensation/promotions; there are reviews and guidelines but popular consensus seems to be that they are not taken very seriously or into account. In addition, there seems to be a process of massaging the performance results into your typical normal distribution.
    Internal opportunities are not always advertised, so to take advantage of these, you need to have built an extensive network.

    Internal departmental politics is common - you can get more discussions on which department will pay for certain things rather than focusing on the greater need of the organization. This can be extremely demoralizing.

    The message of valuing employees is always pumped out but from recent cost cuts, this has to be taken with a pinch of salt.
    There has also been an extremely drive to replace permanent employees with contract staff; many of which do not seem suitable.capable for the job - the sole focus is the bottom line.

    Advice to Senior ManagementLink performance with compensation, reduce red tape, clamp down on the politics and get departments focused on the corporate needs.

    No, I would not recommend this company to a friend

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    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Disorganised understaffed but still some good people

    Risk IT (Former Employee) London, England (UK)

    ProsSome good people still left. Old but good legacy technology. Middle management know whats going on if powerless to stop it

    ConsStaffing cut to the bone and beyond but whole depts gone. Need to hire more people instead of making hose left work harder

    Advice to Senior ManagementStop cost cutting in critical areas

    No, I would not recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    Interview review Transaction banking

    Transaction Banking (Former Employee) London, England (UK)

    ProsGood at making it look like they are the bees knees

    ConsAll is not what it seems, they take people on who are FoaFoaF (Friend of a Friend of a Friend) and from their outsourced partners in India, and pay them peanuts and if you are not of the same background you are going nowhere! They just expect you to take all the crap they throw at you and give you a crappy Citi pre paid card with £50 on it for Xmas bonus BOLLOX!

    Advice to Senior ManagementLook at how and who your managers /directors recruit no wonder Vikram CEO left with his tail between his legs

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

    • No Opinion of CEO

     

    you can get away with anything here

    Operations Analyst (Current Employee) London, England (UK)

    Proswork life balance
    if you get pregnant

    Consunfair distrubution of work and pay
    middle managers who get paid for doing nothing
    rewarding good work with more work instead of pay
    some people will just never get promoted no matter what - only those who shout the loudest get it

    Advice to Senior Managementyou are not special

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    More bureaucratic than the post office

    Vice President (Current Employee) London, England (UK)

    ProsLarge global company, ability to work on a global scale
    Great people, access to the very latest technologies
    Flexible work schedules, at home work opportunities

    ConsAlmost impossible to actually get things done
    Technology unit is hampered from delivering solutions to the business due to complex process and procedures. Projects that could be delivered in 3-4 months anywhere else will take 2 years to complete at Citi

    No, I would not recommend this company to a friend

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Project Manager within Technology

    Project Manager (Current Employee) London, England (UK)

    Pros* Great work/life balance
    * Vast majority of people are friendly and willing to help
    * Global firm, with regular interaction to all corners of the world

    Cons* London is no longer seen as a growth site for back office functions such as Technology, thus attrition is high and back-fill is usually elsewhere in the globe
    * Poor pay compared to market rates
    * Limited scope for career progression

    Advice to Senior ManagementCiti has many layers within the organisation. Often messages of direction and values are lost in translation between the executive leadership team in New York, and the regional management teams. When drilling into the regions, staff are not empowered to fulfil the aspirations of the firm without going back to New York for approval.

    No, I would not recommend this company to a friend

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Timeout

    Senior Operations Analyst (Current Employee) London, England (UK)

    ProsThe challenges help you grow

    ConsIt is extgremely difficult to progress if you havent entered the company under some sort of management programme

    Advice to Senior ManagementStop spending so much on incompetent temps when the work can be done by existing staff by keeping up their morale by giving them decent salaries

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Got to watch mangement

    Vice President (Former Employee) London, England (UK)

    ProsFlexible work pattern
    Salary level reasonably competent
    Prestigious office if that is your thing
    Employee walfare is ok
    Good facilities

    ConsSenior Management seem to "manage up"
    No regard for a job well done
    You will feel like a cog in a machine
    Will get rid of people without regard once the going gets tough
    Poor at resourcing projects
    Are in love with offshoring

    Advice to Senior ManagementFocusing on offshoring just creates an unstable working environment. Local talent could be procured onshore which would make the whole operation a lot smoother. But as always, nobody will listen ...

    No, I would not recommend this company to a friend

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