Citi Reviews

Updated July 31, 2015
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Citi CEO Michael Corbat
Michael Corbat
2 Ratings

Pros
  • Work life balance is recognized (in 230 reviews)

  • Work from home- depends on your managers approval (in 84 reviews)

Cons
  • Work/life balance is non-existent (in 117 reviews)

  • Pathetic Senior management in Risk Technology (in 117 reviews)

More Pros and Cons

13 Employee Reviews

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  1. Technology Operations

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Technology Analyst in London, England (UK)
    Current Employee - Technology Analyst in London, England (UK)
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Citi was a good company until they opened the door for managment consulting.

    Cons

    Hire and fire. Dont give up a good Job just to join Citi.

    Advice to Management

    This would be a waste of time. Senior Managers at Citi are not born to listen. They are hired to execute.


  2. Avoid at all cost

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

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Product Manager In Supply Chain Finance in London, England (UK)
    Former Employee - Product Manager In Supply Chain Finance in London, England (UK)
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

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

    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 (2)

    Good graduates will leave...

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Analyst, Operations in London, England (UK)
    Former Employee - Senior Analyst, Operations in London, England (UK)
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Citi full-time (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 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.


  6. Helpful (2)

    Great in the past not so great now

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Middle Office in London, England (UK)
    Former Employee - Middle Office in London, England (UK)
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    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.


  7. Dysfunctional

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Business Unit Manager in London, England (UK)
    Current Employee - Business Unit Manager in London, England (UK)
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

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

    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


  8. Helpful (3)

    Its bad in here.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Vice President in London, England (UK)
    Former Employee - Vice President in London, England (UK)
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    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)


  9. TSP

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - Trade Service Professional in London, England (UK)
    Former Contractor - Trade Service Professional in London, England (UK)
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Citi as a contractor (More than a year)

    Pros

    Fast Paced. In contact with different industries. The satisfaction of delivering a high quality client service that citi prides itself in.

    Cons

    Rivalry and miscommunication. Management never honest and direct. Unneccessary stress and blaming in the team.


  10. Helpful (1)

    Do not go there! The most inefficient place ever...

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Developer in London, England (UK)
    Former Employee - Developer in London, England (UK)
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    None. I actually felt I went back 5/6 years in my career.

    Cons

    -Worst management ever seen in my career. People were completely careless about the quality of the software being delivered -Worst ever procedures and processes. The tools used were obsolete and cumbersome. The processes were horrendously inefficient and time-consuming. -NO enthusiasm in the team. -No willingness to improve in any aspect. Although management was told how to change processes and procedures, they did not care at all. .......

    Advice to Management

    - Put more passion on your job otherwise do something else and stop wasting peoples time


  11. Helpful (2)

    Citi UK Technology Infrastructure - Dreadful

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Technical Specialist in London, England (UK)
    Current Employee - Technical Specialist in London, England (UK)
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at Citi full-time (More than 5 years)

    Pros

    Only reason is exposure to Enterprise technology.

    Cons

    Terrible performance appraisal system - jobs for the boys Appalling Managers (some) who would be sacked anywhere else are left to run teams into the ground. Revolting facilities in Lewisham for technology staff (due to move back to Canary Wharf in fairness. Little or no reward or recognition for hard work unless you are an A class self-promoter prepared to stab your colleagues in the back.

    Advice to Management

    Get rid of the old school dinosaurs that are ruining your organisation.



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