Citi

  www.citigroup.com
  www.citigroup.com

Citi Reviews in London, England

Updated December 7, 2014
Updated December 7, 2014
2,846 Reviews
3.3
2,846 Reviews
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Citi CEO Michael Corbat
Michael Corbat
625 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

101 Employee Reviews Back to all reviews

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  1. 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
  2.  

    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
  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 (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 (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.  

    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 (more than an 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
  7.  

    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 (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
  8.  

    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 (less than an year)

    Pros

    Great work culture, good career progression, access to management

    Cons

    working hours, slightly competitive

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    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 (less than an 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
  10. 3 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 (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
  11.  

    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 (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

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