Citi Reviews

Updated March 23, 2015
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166 Employee Reviews

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  1. Good working Culture, competent

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

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

    Pros

    Diverse, full Product offer, competent people, huge market reach

    Cons

    I didn't really see any cons with working here except for the obvious lack of work-life balance. But you should know that going in to any banking job regardless of Company.

    Advice to ManagementAdvice

    Keep doing what you're doing.

    Recommends
    Positive Outlook
    Approves of CEO
  2. Many opportunities, but difficulty to attain them due to so many layers and red tape within such a large organization

    • 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 (less than a year)

    Pros

    Opportunities to network with other divisions because most of management is willing to meet for a chat. Many global locations allow the possibility to move geographically, but requires networking on your own. No formal process

    Cons

    Many layers of management which they are trying to improve. These layers also cause miscommunication and specialized knowledge where most employees only know about there own role. Very few individuals have a true sense of what goes on holistically at the firm.

    Advice to ManagementAdvice

    Simplify the organization by cutting unnecessary layers, improve processes in order to get tasks done faster, allow for greater internal mobility

    Recommends
    Positive Outlook
    Approves 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 a 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. 2 people found this helpful

    Good experience but not the best place

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - IT Project Analyst
    Former Employee - IT Project Analyst

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

    Pros

    Global, challenging and high visibility projects. Good reputation for your CV. Innovative solutions to have a good balance between professional and personal life (home office). Great perks for full time employees.

    Cons

    Operations & Technology is not seen as investment, it is seen as expense. Too many controls and procedures, slow pace, some bureaucracy, personal growth based more in relations -due to power niche- and not in personal performance at all.

    Doesn't Recommend
    Neutral Outlook
    No opinion 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 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
  7. 1 person found this helpful

    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
  8. 1 person found this helpful

    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
  9. 2 people found this helpful

    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
  10. 6 people found this helpful

    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)

    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.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  11. 3 people found this helpful

    Everything is done with a shoestring budget, also potential unpaid work during unsociable hours

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

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

    Pros

    Work hours are totally flexible and it's possible for most developers to work from home. Unlimited hot beverages are available and there are good efforts in organising social events. Also, there is an enormous library of online training available and some on-site training also. The 'Citi collaborate' work social networking tool is also an excellent source of resources and a great way to network with people outside your department - and so it's easy to network with people working with similar technologies or with similar interests. There are many clubs/societies organised within Citi covering a wide spectrum of interests and sports. Citi donates 1 day of every employees time to take part in a volunteering activity within the community. Desks are big enough and chairs are suitable.

    Cons

    Everything is done with a minimum of resources. Teams are running complex applications without proper processes and methodologies. The business just doesn't seem to understand what is actually needed to make software. Teams don't have proper build or test processes, and many developers don't even have some of the most basic developer tools and hardware. Most of the developer machines are very low-spec, and can be painfully slow when dealing with some development work. Also, my department seems to have a gigantic budget shortfall, and they've dealt with this by forcefully relocating people to cheaper locations and by getting rid of many contractors (and not replacing them). Additionally, many developers have to work unsociable hours for weekend releases, and they are not paid for their troubles, and even getting the time off in lieu wasn't easy. Also, making requests for basic software, hardware and configurations is a painful and extremely slow process. I don't see any of these things improving any time soon. It's actually difficult to be productive at Citi, there are many obstacles, and not just because of strict banking regulations. Also, there is little cohesion within the department.

    Advice to ManagementAdvice

    Budgets for teams working on crucial applications needs to be increased, at least to the point where developers are able to develop productivity instead of having to deal with painfully slow and sometimes broken processes. Also, I would recommend hiring dedicated testers and spend time improving build processes. Try to emulate what pure software companies are doing. Also, for those in technical roles who don't have heavy technical experience - these people need to be supported with more training and guidance.

    Recommends
    Negative Outlook
    No opinion of CEO

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