Citi

  www.citigroup.com
  www.citigroup.com

Citi Reviews in London, England

Updated December 7, 2014
Updated December 7, 2014
2,842 Reviews
3.3
2,842 Reviews
Rating Trends

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Citi CEO Michael Corbat
Michael Corbat
622 Ratings

Review Highlights

Pros
  • Citi generally has a good work-life balance for a financial services company (in 230 reviews)

  • satisfied work place environment with the ability to work from home (in 84 reviews)


Cons
  • Bad work-life balance, but you could not expect such benefit from investment banking (in 117 reviews)

  • Senior management continues to move jobs from NYC to Buffalo to save money (in 117 reviews)

More Highlights

37 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Great people and plenty of opportunities to gain exposure across a number of areas within the bank.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Business Analyst in London, England (UK)
    Former Employee - Senior Business Analyst in London, England (UK)

    I worked at Citi

    Pros

    I spent most of my tin within operations and I came across some great people who have continued to be close friends.

    The bank generally encourages internal mobility if you want to gain exposure to different areas.

    Cons

    As it is such a large institution, you can quickly become pigeon holed and it can sometimes become difficult to break out of.

    If you choose to move around the organisation it can be tough getting promotions as there are no "credits in the bank" you take with you, so you find yourself starting afresh each time.

    Advice to ManagementAdvice

    Keep focusing on your people. You have some great people there, so invest in them (not necessarily financial) if you want to keep them.

    Recommends
    Positive Outlook
    No opinion of CEO
  2.  

    quant intern

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Intern Analyst in London, England (UK)
    Former Employee - Intern Analyst in London, England (UK)

    I worked at Citi as an intern (less than an year)

    Pros

    In general it is a nice place to work. Atmosphere is laid back, working hours OK, and people are nice. For internship it is nice.

    Cons

    As an internship I don't see much cons. One thing that is particuarly annoying is this is a compnay with a lot of bureaucracy.

    Recommends
    Neutral Outlook
    No opinion of CEO
  3. 1 person found this helpful  

    Quality of work experience depends largely on your team

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in London, England (UK)
    Former Employee - Anonymous Employee in London, England (UK)

    I worked at Citi full-time (less than an year)

    Pros

    Some teams and people were awesome, very "down to earth" and not as cut-throat as those at other investment banks.

    Cons

    Mediocre standards
    Didn't feel like the best place to grow your ambition
    A lot of very unprofessional people

    Advice to ManagementAdvice

    Raise standards and see where that brings the firm in terms of league table rankings

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
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  5.  

    Great learning experience, but lacks clear program for developing bankers.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Investment Banking Associate in London, England (UK)
    Current Employee - Investment Banking Associate in London, England (UK)

    I have been working at Citi full-time (more than 3 years)

    Pros

    You work with hard working, dedicated people who, in my experience, are always willing to help. Great cohesion between various teams. Broad geographic reach gives rotation opportunities, but they are hard to get.

    Cons

    Seniors don't take juniors to pitches enough. Lack of structured program to develop juniors into strong bankers.

    Advice to ManagementAdvice

    Have a clear plan for developing talent. Too many people I've worked with have left simply out of not being satisfied with client exposure / development.

    Recommends
    Neutral Outlook
    Approves of CEO
  6.  

    Get an education then get out

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Vice President Consumer in London, England (UK)
    Former Employee - Vice President Consumer in London, England (UK)

    I worked at Citi full-time (more than 5 years)

    Pros

    Global reach, great brand name, broad training

    Cons

    You are just a number at the end of a day. Still a very siloed organization

    Advice to ManagementAdvice

    Walk the talk

    Recommends
    Positive Outlook
    Approves of CEO
  7. 1 person found this helpful  

    Politics is the Key

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Operations Analyst in London, England (UK)
    Current Employee - Operations Analyst in London, England (UK)

    I have been working at Citi full-time (more than 3 years)

    Pros

    Huge Corporate with Multiethnics Environment and Good Benefits

    Cons

    Slow Career Progression
    Frequent Team Restructuring Programme
    Meritocracy not applied

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  8.  

    IBD in UK. Great experiences with individual people, lots of very smart, driven employees. But bureaucratic..

    Former Employee - Director in London, England (UK)
    Former Employee - Director in London, England (UK)

    I worked at Citi full-time (more than 10 years)

    Pros

    Truly global organisation with networks anywhere you could imagine doing business. Compared to other monoline investment banks the breadth of product offerings helps differentiate Citi. Lots of very smart, driven people which makes it a fulfilling place to work.

    Cons

    Very bureaucratic organisation. I'm sure other large investment banks aren't dis-similar in this regard, the key difference being when you need to cut through the red tape to get something done for a client at Citi you aren't able to- which I don't think is the case at GS, JPM, etc.

  9.  

    Internally focussed

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Assistant Vice President in London, England (UK)
    Current Employee - Assistant Vice President in London, England (UK)

    I have been working at Citi full-time (less than an year)

    Pros

    Good brand on CV
    Lots of resources
    Opportunities to travel and move around company

    Cons

    Very very political
    Internally rather than customer focused
    Not using best practice processes and technology

    Advice to ManagementAdvice

    Be more realistic with staff regarding actual competitive position of the company

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  10.  

    Analyst

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Analyst in London, England (UK)
    Current Employee - Analyst in London, England (UK)

    I have been working at Citi full-time (more than 3 years)

    Pros

    Big corporation and possible to get exposure to any field you want

    Cons

    Like any big bank, its difficult to stand out. Too many people in the middle.
    useless office politics
    long hours
    not great pay

    Doesn't Recommend
    Negative Outlook
  11.  

    Lots of opportunities but very political and bureaucratic the higher up you go.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Director, Risk Management in London, England (UK)
    Current Employee - Director, Risk Management in London, England (UK)

    I have been working at Citi full-time (more than 10 years)

    Pros

    Huge global company with opportunities in every major country and multiple business lines.

    Cons

    Depending on business, long hours are expected. Budget has been tight impacting ability to innovate/automate. Gap is closing on pay compared to other firms.

    Advice to ManagementAdvice

    Implement career management to help guide employees through intra-departmental transitions (specifically back/middle office jobs).

    Recommends
    Neutral Outlook
    Approves of CEO

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