Citi – Saint Louis, MO
The North America Consumer Operational Risk Management (ORM) Utility was created to address the need for an improved and unified approach to… ClickCast
I worked at Citi full-time (More than 8 years)
This was a good place to start my career. I was able to move up several times during my tenure. The benefits were good and the people were easy to get along with. When the economy is doing well or the rates are low, this is a great place to work.
Some in management were allowed to "run wild" as long as they produced results and if you got in their way, you were gone. As mentioned above in the Pros as long as the economy was good or the rates were low, times were great, however once the rates go up and the housing market becomes stagnant, which it tends to do on a regular cycle about every 5-10 years, things go south fast. There were constant layoffs and this stressed everyone out and productivity tanked. The systems were ancient as were the processes surrounding them. Compensation was low when promoted from within and bonuses were low or non-existent.
Advice to Management
Invest in your people and in better, more up to date technology.