Citigroup Global Markets Reviews in New York City, NY Area

Pros

Great people, competitve salary, name recognition

Cons

Poor benefits, job security, corporate politics seem to loom large

Pros

Global orientation is a managerial priority, and is appropriate for reaching new growth regions and sectors.

Emerging market focus is appropriate and will become even more important in the future. Inevitable re-prioritizing shifts resources and talent away from North America and Western Europe (including bonuses)

Employees have access to very good benefits package, including possibilities for global mobility.

Cons

Execution lags owing to bureaucratic legacies.

Upper management retains an investment banker culture (mentality) and has not adequately adapted to commercial banking realities and necessities. Optimizing balance sheets and revenue flows are necessary complex relationship-oriented activities, and do not conform to an "eat what you kill" management culture.

Balkanized fiefdoms continue to hinder achieving management objectives.

Antiquated technology coupled with myopic mid-management jealousies are major obstacles to Citi's needed transformation.

Advice to Senior Management

Incentives are needed to spur employee loyalty and reduce turnover of seasoned staff. With compensation packages limited by shrinking financial sector, non-pecuniary rewards (TIME) is the only tool left. Be creative in using it.

Pros

. Excellent exposure working for a truly global player
. Competitive Salaries - when markets are doing well
. Fantastic opportunities for internal mobility - regionally & internationally

Cons

. A non existent mentorship & executive development program
. Since its truly a global bank, bonuses get affected by the overall performance and senior management uses that effectively to their advantage.
. Middle management is too concerned with keeping their jobs and protecting turf.

Advice to Senior Management

. Develop a Mentorship program - for all levels
. Develop a Executive Development program
. Actively encourage and engage continuous education to develop in-house talent

Pros

Teams are pleasant to work with.

Cons

efforts are not recognized and compensation is extremely low in comparison to competitors

Advice to Senior Management

treat top emnployees better

Pros

Solid, even 2008 couldnt take it down!

Cons

too big, too big! you're like a small fish in a big ocean

Advice to Senior Management

Cut the layers, we need to be lean and mean.

Pros

good opportunities to work on state of the art technologies, solid exposure to financial industry as part of one the big players in the market.

Cons

height of beuracracy, lack of accountability with various people sometimes

Advice to Senior Management

eliminate beuracracy, and we will do just fine

Pros

Flexible schedules
Pleasant Work Environment
Good benifits

Cons

Massive Operation that is difficult to navigate

Advice to Senior Management

Keep up the good work

Pros

Wall Street office abysmal / health department requirements not met.

Fortunately, there are some senior managers who get it.

Cons

Form over content. Muliti-sybillac double talk. Always need to worry about anxiety driven managers who guard their title and territory with jealous anx.

Advice to Senior Management

Everyone spends time looking over their shoulder. Keep walking past them.

Pros

Scale, training, global, departments, diversity

Cons

Red tape, redundancy, culture, no meritocracy

Pros

Big company pros: Good salary + benefits. Good balance between work-life

Cons

Big company problems. Poor inter-team communication. Feedback is very manager dependent.

Advice to Senior Management

Stop giving meaningless titles.