Citi Reviews

Updated April 3, 2015
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Citi CEO Michael Corbat
Michael Corbat
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18 Employee Reviews

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  1. Under pay IT jobs.....

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - BI Developer in Belfast, Northern Ireland (UK)
    Current Employee - BI Developer in Belfast, Northern Ireland (UK)

    I have been working at Citi

    Pros

    not much to say really , just stay away try London Citi

    Cons

    under pay,zero bonus try in Citi London

  2. Avoid at all cost

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

    I have been working at Citi

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    Sounds like a good company to work for

    Cons

    You will have to lose your ethics, your youth and at the end the bonus will be nowhere near what you had hoped for.

    Advice to Management

    Take the FCA rules more seriously. You don't need to do research on how to best mislead your clients to be successful.

  3. Helpful (4)

    Not good, hence leaving Citi to join competitors

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Product Manager In Supply Chain Finance in London, England (UK)
    Former Employee - Product Manager In Supply Chain Finance in London, England (UK)

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

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    Pros

    - Work-life balance is not too bad and there is flexibility if you need to work from home
    - Good training courses and online material to learn from

    Cons

    - Salary is poor, below market rate and bonuses have been close to zero since 2008
    - Not a friendly working environment and there is unhealthy competition within the same team. People are not willing to share information and work in silos
    - Lack of leadership within the team, talented people are lacking and people tend to be over-competitive to mask their insecurities
    - Politics get in the way and morale is low. Staff are leaving to join competitors
    - Extremely limited opportunities for career advancement within the department

    Advice to Management

    - Need to focus on talent and compensate based on performance

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  5. Helpful (6)

    Awful - avoid at all costs unless u value money over happiness

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

    I worked at Citi full-time (more than a year)

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

    Pros

    Salary is extremely good for the work which is pretty repetitive. The staff are lovely

    Cons

    The management or lack of! Treat staff like a number.

  6. Helpful (1)

    Boring mundane repetitive work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Applications Development Intermediate Programmer Analyst in Belfast, Northern Ireland (UK)
    Former Employee - Applications Development Intermediate Programmer Analyst in Belfast, Northern Ireland (UK)

    I worked at Citi full-time (more than a year)

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    Pros

    - very small pro: slightly more pay than average
    - good benefits package

    Cons

    - this is NOT the place to start if you want to gain experience in software development

    - you wont learn anything new here, code is all legacy, 10 years old, and I'm not exaggerating you will find youself getting stuck doing the same mundane tasks every day

    - less than 5% of your job will be bug fixing development on shell scripting, java 5 the rest will be monitoring and maintaining market feeds

    - senior developers close to management (or over 2-3 years service) will get the little amount of new "features" developed on old platforms

    - you dont write full applications here you will have to wait on access request for weeks on end from deployment database frontend etc etc teams for minimal one liner changes

    - constantly told "think of yourself as a banker here, not a software developer"
    - horrible americanised office culture that the financial people embrace is also forced on software developers
    - no bonuses or out of hours pay for long developer hours here, they are saved loudest and laziest bankers on the top level
    - 5am calls from teams in india singapore usa as brief as "fix this before maket opens at 6am, goodbye"
    - this bank received the biggest bail out in the world, and is know for being one of the most corrupt

    Advice to Management

    Be honest with interviewees what they are getting themselves into
    Listen to what a developer needs to do his job
    Allow a developer to work in the areas he/she wants to work

  7. Helpful (1)

    More experienced managers

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

    I worked at Citi full-time (more than 3 years)

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Benefits;
    Clean;
    Has lift to top floor;
    Showers in office;
    Allowed to quit;
    Not prison

    Cons

    Low Morale;
    Low Skills;
    Inexperienced Uneducated Management;
    No training;
    No perks

    Advice to Management

    Become knowledgeable in what you're paid to do.

  8. Helpful (2)

    Good graduates will leave...

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

    I worked at Citi full-time (more than 3 years)

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

    Pros

    Large mutltinational corporation/multicultural so diversified in it's employee intake.

    Cons

    Few opportunities for graduates in the long-run if recruited via a non-graduate management programme; difficult to move into parallel project roles despite having the skills (analytical etc.) /intellectual rigour;

    In a nutshell;

    ~ Senior management could not care less what goes on downstream as long as it is not affecting their power grip on the organization and end-of-year bonus;
    ~ Middle management are clueless, the majority are without formal education (professional or otherwise), preferring to hang around their peers with whom they have formed industry bonds (and feel comfortable) whilst maintaining the status-quo;
    ~ At lower levels, mediocre staff (majority school leavers in Back/Office/Ops) who have been allowed to stay on for years but escape redundancy because judged too expensive to get the sack (although that trend is slowly phasing with offshoring to India).

    Advice to Management

    Graduates that are educated and smart will not stay without decent career prospects, 3-4 years is the maximum time one can spend in a firm without promotion/pay rise. BAU becomes unbearable after a while and so does shift work.

  9. Helpful (1)

    Great in the past not so great now

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

    I worked at Citi full-time (more than 8 years)

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

    Pros

    Its a huge company so you get lots of mobility. The company has one of the most diverse workforce's in the world. Whilst base is generally under market they can flex the bonus pot to your advantage to ensure overall comp keeps up (in a good year)

    Cons

    VERY Long hours. overall performance of the firm really impacts comp. HR dept is poor in supporting staff. If you have Lehman's on your CV you seem to do well at the expense of harder working employees. Very much a blame culture and not very collaborative to get the job done. Its all about dodging the buses people are trying to throw each other under.

    Advice to Management

    Take a look at long time staff who are leaving and understand why that is.

  10. Dysfunctional

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

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

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    Pros

    Top tier bank in fixed income
    Support functions have a culture of working short hours

    Cons

    Dysfunctional systems and processes that have grown over time
    Nothing works
    Inability to get anything changed
    Huge cottage industries have built up in support groups such as finance, ops, expense management etc

    Advice to Management

    Focus on the money being wasted paying for ineffective support groups

  11. Helpful (3)

    Its bad in here.

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

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

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    You are in a banking domain

    Cons

    Life is miserable if you do not have good network.

    They recruit for a role of C13 and congratulate you with an offer. Later you see that they offer you a C12.

    There is no drive for internal employees. The internal employees will work more number of years to see that someone lesser able with less experience are hired at a more greater pay.

    If you have left the job at this company and you have shared your mobile number then they will call and haunt you and bug you with (how to do this and how to do that).
    People leave and contractors are hired. Contractors leave and new bunch of contractors are hired.

    It is funny to know that few contractors are working for more than 3 years. The amount of money spent on a contractor is 3-4 times paid to a citi employee yet neither citi employee is given a hike nor the contractor is made permanent.

    Similar projects are repeated in the project / product life cycle. An entire project gets delivered in say Java. Later the same would get delivered in .NET. (The reasons given are funny like improved look and feel or new features)

    I have seen projects where there are 4-6 managers and 2-3 developers working on a project. Each manager has a different meeting scheduled for each developer. The developer has no time to develop and busy in meetings.

    Advice to Management

    Its useless to give advice as it would back fire on you. (Its no good to write against anyone in appraisal reviews as they would get to know who has written what)

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