Citi Reviews in London, England

Updated August 28, 2014
Updated August 28, 2014
2,583 Reviews

3.2
2,583 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Citi CEO Michael Corbat
Michael Corbat
504 Ratings

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)

More Highlights

89 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Good place to start a career in banking

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

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

    Pros

    Great network, talented colleagues and good training programme. Overall better culture than some other banks.

    Cons

    To big and sometime not very transparent. Lots of politics at senior level. Work/life balance non-existent but it is the same in every bank

    Recommends
    Neutral Outlook
  2.  

    Career defining- and an amazing network

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

    I worked at Citi full-time for more than 10 years

    Pros

    Wherever I have been since , the Citi network has supported and helped

    Cons

    Pay not always amazing - and a risk you only learn the "Citi way".

    Advice to ManagementAdvice

    Always remember your staff are people, not just pawns in a game.

    Recommends
    Negative Outlook
    Disapproves of CEO
  3.  

    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 for 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
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  5.  

    Dead for technology in London (CATE)

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

    I worked at Citi full-time for more than 10 years

    Pros

    Good Salary, outstanding technical staff (those who haven't been made redundant yet), good package, nice location, good work/life balance.

    Cons

    If you want to work in IT technology/engineering in London then forget it. The company is refocussing on low cost locations just as every other major financial is doing the opposite. Absolutely stunning lack of imagination and creativity in management (based in the US). No one really knows what the direction is for technology because the man in charge is seaweed, he goes whichever way the current is flowing that day and changes according the changing current the following day. During a 30 year career I've yet to see such inept management and it beggars belief that they survive. If there isn't a major IT catastrophe in the next year or so it will only be because enough of the true stars on the ground are still there patching the gaping holes while they wait for the golden ticket to arrive. Zero paid training ever, siloing of talent endemic, opportunities for changing roles non existent unless you fancy moving to India.

    Advice to ManagementAdvice

    Get someone in on the ground who knows what the hell they're doing, get them to identify the deadwood at senior management levels and move them on and keep more of the people who actually can do the job and make a difference beyond producing reams of Powerpoint slides to be delivered in a tortuous 2 hour monotone monolog. Invest in the established technology hubs that got the bank where it is and don't risk it all on a cheap unproven alternatives. If you don't it will come back and bite you in a big way.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  6.  

    Rewarding

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

    I worked at Citi as an intern for less than a year

    Pros

    Great work culture, good career progression, access to management

    Cons

    working hours, slightly competitive

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    Lovely people

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - 2-Week Work Experience  in  London, England (UK)
    Former Employee - 2-Week Work Experience in London, England (UK)

    I worked at Citi as an intern for less than a year

    Pros

    Feels like a flat organization. I had the chance to meet a great number of people from a variety of different levels.

    Cons

    I can see that because the culture of the team/department I was in seemed so laid back that I could unintentionally get complacent.

    Recommends
    Positive Outlook
    No opinion of CEO
  8. 2 people found this helpful  

    Working at Citi

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

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

    Pros

    It is a great place to work. It will provide opportunities for a successful career to anyone with the desire and drive to do so. A vast global network with numerous opportunities, always willing to provide those that want it with assistance to grow professionally.

    Cons

    Can be political at times, but this will depend on who your boss and peers are.

    Advice to ManagementAdvice

    Remove the vested interest of those who have been at the institution for too long, and the people who lack the academic as well as professional background/mentality/work ethic that banks have strived to garner in the last few decades.

    Recommends
    Positive Outlook
    No opinion of CEO
  9.  

    Spectacular learning, aggressive culture

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

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

    Pros

    - You learn a lot
    - You are given responsibility early
    - You're trained by the best
    - Meritocratic place most of the times

    Cons

    - Aggressive, cut-throat office culture
    - Hard to get time off
    - Top management couldn't care less about employees
    - A completely money driven place (all we do is for the bonus, all the actions/poor actions are measured against your expected bonus

    Advice to ManagementAdvice

    Focus on getting the culture right. Don't try to be a nicer Goldman Sachs as this won't work

    Recommends
    Neutral Outlook
    Disapproves of CEO
  10.  

    Good environment, poor IT infrastructure, organisational issues

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

    I worked at Citi full-time for more than a year

    Pros

    I have been welcomed by a friendly environment. Serious professionals collaborative and helpful.
    My team was responsible for a trading application and sometimes it was stressful, with long hours and some calls outside working times.
    Average-low compensation compared with other investment banks.

    Cons

    Sometimes I felt lack of guidance from management, and it was not always clear who was responsible for what.
    Dealing with the corporate intranet is a nightmare, and most contacts with the people supporting the IT infrastructure were fruitless or worse.

    Advice to ManagementAdvice

    Make en effort to promote meritocracy at every level.
    Improve corporate processes and the IT infrastructure.

    Recommends
    Negative Outlook
    Approves of CEO
  11.  

    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 for more than 3 years

    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 ManagementAdvice

    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.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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