Citigroup Global Markets Reviews

Pros

International recognition of the bank and your work
Ability to work with a high calibre of individuals
Excellent mental challenge
Department management very approachable

Cons

Management training is limited to senior management. Low-level management (i.e. team leaders) typically receive no guidance as to how to mentor their junior team members. Some individuals are very good mentors, others are awful. As a graduates therefore your career progression can be a lottery - i.e. it depends on who you get as your direct boss, and often you do not have a chance to rotate around teams.

At times there is a perception that career progression and salary increases are gained by threatening to leave rather than being loyal to the business. A classic characteristic of the financial services industry.

Senior management turnover has been to high in the past

Working in Canary Wharf

Pros

Generally easy going environment, mainly because management doesn't care
Easy to get time off as no senior management works much

Cons

Low morale
Random approach to risk
constantly changing market views means that no one really has any idea what risk is ok

Advice to Senior Management

Fix technology, create a real risk system, try to keep a consistent approach to risk, stop randomly firing good people while keeping weak managers

Pros

Fairly reasonable work to private life ratio.
You can work remotely at times and thus avoid always having to be in the office.

Cons

Some employees are doing most if not all of the work while others hardly doing anything at all. They are being paid to just show up thereby by placing an unfair burden on others who are forced to work that much harder and pick up more than one's fair share of the workload.
Management is distance and hardly even acknowledges you. Forget ever getting a hello or goodbye if you're not on the VP level or higher.

Advice to Senior Management

Insure that everyone is doing his/her fair share of the work.
Pay attention to the "little" people a little more - when it comes to shelling out the money at the end of the year - don't keep it all for yourself.

Pros

Big bank. Good exposure. Multiple choices for career transitions.

Cons

Too many systems. Red tape as with all big companies.

Pros

strong fixed income trading desk
talented senior individuals
not laggards with changes in the industry

Cons

not a lean organization
lots of bueaurarcy

Advice to Senior Management

continue to rebrand the image...and beat BofAML!

Pros

good training program and nice team environment

Cons

low efficiency as in large corporation

Advice to Senior Management

improve efficiency

Pros

Good scope to learn finance principles

Cons

High hours and high pressure environment

Pros

Good pay, clear goals, highly experienced co-workers, lots of time off, cutting edge technology, very relaxed dress code, always challenging

Cons

There is very little room to move up. Most US holidays are still trading days so you end up working a few.

Advice to Senior Management

Management does very well here. My only advice would be to get the cafeteria back. And spend just a little more time listening to employee ideas.

Pros

1) Global exposure (distributed teams, multi-market, etc.)
2) Huge org (opportunities for advancement for performers)
3) Diversity of staff and technology

Cons

Complex to navigate politically, a club mentality continues to remain as new clubs come in and kick-out the old (cycle repeats).

Advice to Senior Management

Increase emphasis on process and lose distaste for strong lower-middle management.

Pros

Big firm, involved in a lot of markets

Cons

May be easy to get lost, hard to meet other groups, have to be very proactive to meet people