Citi

  www.citigroup.com
  www.citigroup.com
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Good place to work if you can hold on to the job in this economy

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Former Employee - Senior Engineer in New York, NY
Former Employee - Senior Engineer in New York, NY

I worked at Citi

Pros

A lot of flexibility on the technology side. As long as the problems were solved very little or no red tape to go through. The managers were not very pesky.

Cons

Getting things cross teams is a nightmare. The back office is probably one of the reason they were unable to compete with other IBs even during the boom time.

Advice to ManagementAdvice

Instead of merging and trying to get bigger under a big "Umbrella", they should focus more on having smaller departments with proper oversight. Just because the back office is cheaper to run does not mean that they are not important enough for the company's to be competitive.

Recommends
Approves of CEO

2774 Other Employee Reviews for Citi (View Most Recent)

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  1. 1 person found this helpful  

    CTI was a great place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Senior Vice President in Irving, TX
    Current Employee - Senior Vice President in Irving, TX

    I have been working at Citi

    Pros

    Flexible work hours. Before the meltdown, ability to transfer between workgroups to cross-train. Most of the people I work with are great, knowledgeable and willing to share their knowledge and help each other out. My workgroup did not cut the training budget as most others did.

    Cons

    Morale is very low right now due to layoffs 2-3 weeks ago. Sr. Mgmt believes 50+ hours every week is acceptable. Due to regulatory requirements separation of duty has put every workgroup in a silo causing 1) no to very little cross training, 2) decreasing the ability to get things done in a reasonable amount of time.

    Advice to ManagementAdvice

    Consider the long term affects of what you're doing now, saving a dollar today should not be the bottom line.

    Doesn't Recommend
  2.  

    Citi is Large, your happiness will depend on which group you work in.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Assistant Vice President in New York, NY
    Current Employee - Assistant Vice President in New York, NY

    I have been working at Citi

    Pros

    For now, we're one of the few I-banks left, and we're quite committed to surviving. Citi is a large firm with over 350,000 employees, so your happiness will depend on which group you work in. I work across many of the businesses in a support function and find the folks here in general to be smart and helpful.

    Cons

    I've heard that comp is usually on the low end compared to the Street. But there's not much Street left now, so...... Compensation will vary dramatically depending on location. New York City pays in commiseration with the cost of living. The same position in other areas will vary.

    Advice to ManagementAdvice

    Continue to communicate to employees where we are and how we're doing. Leverage Citi knowledge and encourage such knowledge leveraging around the

    Approves of CEO
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