Citigroup Reviews in London, UK Area

Pros

diversity, location, people, package, benefits

Cons

too large organization to implement change or new ides

Advice to Senior Management

engage on the ground level

Pros

Global bank, opportunities to move internally, strong platform across numerous productions. good colleagues. strong industry experience in sector i work in - oil and gas

Cons

pay is below street for my product. size leads to internal beurocracy, hard to get deals done sometimes. reputation remains tarnished.

Advice to Senior Management

moving in the right direction. keep making sure all employees understand strategy of the bank. make feedback more frequent and specific on performance

Pros

Good future opportunities for staff

Cons

The organisation is very large and complex.

Advice to Senior Management

a

Pros

Large scale - the most of every thing

Cons

Not good pay or benefits

Advice to Senior Management

Cut up the bank - you are too big

Pros

The pay was good
The people were nice
The hours were reasonable
There were some good places to go for lunch

Cons

Lunchtime drinking - might not sound bad but if you were there you'd know
You need to be very comfortable with bureaucracy
Nobody in my part seemed very into the job

Advice to Senior Management

Try to change the culture - no idea how you can do that.

Pros

* Great work/life balance
* Vast majority of people are friendly and willing to help
* Global firm, with regular interaction to all corners of the world

Cons

* London is no longer seen as a growth site for back office functions such as Technology, thus attrition is high and back-fill is usually elsewhere in the globe
* Poor pay compared to market rates
* Limited scope for career progression

Advice to Senior Management

Citi has many layers within the organisation. Often messages of direction and values are lost in translation between the executive leadership team in New York, and the regional management teams. When drilling into the regions, staff are not empowered to fulfil the aspirations of the firm without going back to New York for approval.

Pros

Flexible working culture
Generally Easy-going
Good Project Management Method
Competent people are allowed to do what they do best and flourish
Senior management very supportive of staff

Cons

Like other investment banks, it's controlled by regulatory requirements, thus can be stifling & frustrating. Learn to handle this and things become alot easier
Only 23 days leave
Slight culture of nepotism. People advanced on length of service rather than competence
SOX!

Advice to Senior Management

Since senior management change was as a result of major investment falings (end 2008), nothing else needs to be said about the highly publicised fall from grace of the company

Pros

Good mix of people, and good focus on the health & safety of the work place.

Cons

Fairness is not something one can expect in banking, sadly it would be the same case in Citigroup too.

Advice to Senior Management

Not making " listening to your employees" as a slogan, but really act on this.

Pros

Big company with a number of internal opportunity; also a company able to trade in large sizes and therefore with the possibility to trade any type of instrument. Mostly friendly attitude and balanced life/work environment.

Cons

A company currently in search of directions, and unclear who is steering it (whether the US government or the CEO).

A lot of red tapes and inefficient comunication between the business and the infinitely many IT (sub)systems.

Advice to Senior Management

Cut down on spin and motivation speaches and accept the difficult time the company is having.
Do something to reduce the empire building activities, expecially in IT.

Pros

Meritocratic
Performance focussed
Very international
Diverse
Employee focussed
compassionate and caring

Cons

Political
Perception driven
Very NY centric, at times overbearing American culture
currently very short term focussed

Advice to Senior Management

Empower the regions
Move the centre of gravity from America to Europe/Asia
Reduce the importance of Investment Bankers
Back to Basics - Corporate/Commercial Banking