Citi Reviews in Chicago, IL | Glassdoor

Citi Chicago Reviews

Updated December 1, 2017
55 reviews

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Chicago, IL Area

3.3
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Citi Chief Executive Officer, Citigroup Michael Corbat
Michael Corbat
12 Ratings

55 Employee Reviews

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  1. "Very good benefits"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Bank Teller in Wheaton, IL
    Current Employee - Bank Teller in Wheaton, IL
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at Citi part-time (Less than a year)

    Pros

    Good benefits and pays well. Great place to work. Many opportunities to grow with the company. A good place to retire.

    Cons

    Can be stressful depending on your branch location. Incompetent coworkers can be very frustrating to work with. Long hours. Some travel required


  2. "Portfolio Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Vice President, Portfolio Management in Chicago, IL
    Former Employee - Vice President, Portfolio Management in Chicago, IL
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Citi full-time (More than a year)

    Pros

    Really good company to work with. Lots of smart and hardworking people. Good work ethics.

    Cons

    Very slow career progression. Top talent tends to leave due to absence of opportunity to advance.

  3. "Working for a "big bank" only has downside"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Vice President Finance in Chicago, IL
    Former Employee - Vice President Finance in Chicago, IL
    Doesn't Recommend
    Neutral Outlook

    I worked at Citi full-time (More than 10 years)

    Pros

    Decent salary
    Good benefits
    Decent work life balance

    Cons

    No loyalty
    You go as the bank goes, which in the past 10 years is down.
    Hard to work for company with tarnished reputation

    Advice to Management

    There is so much turnover by the guys who run the show in New York that it is hard for anything to get done.


  4. "Unorganized"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Associate in Chicago, IL
    Former Employee - Associate in Chicago, IL
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Citi full-time (More than 8 years)

    Pros

    Mobility options were available, as everywhere, with the building of an effective network. Great exposure to large client base, and challenges faced within Financial Services, but also the client industries.

    Cons

    The only way to get a significant raise, even with mobility, was to leave the company.
     Conflict within management. Goals seemed to be constantly changing. Solutions to most problems tended to implement further restrictions, rather than explore new opportunities.

    Advice to Management

    Focus on reward and retention for valuable employees.


  5. "Investment Banking Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Investment Banking Analyst in Chicago, IL
    Current Employee - Investment Banking Analyst in Chicago, IL
    Recommends
    Positive Outlook

    I have been working at Citi full-time (Less than a year)

    Pros

    Strong work product and culture among the analysts.

    Cons

    Upper management does not really consider commitments outside of work of analysts. Very little work-life balance.


  6. "Vice President"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President in Chicago, IL
    Current Employee - Vice President in Chicago, IL
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Citi full-time (More than 10 years)

    Pros

    Industry leader among peer group

    Cons

    Limited employer loyalty to long-term employees


  7. "Now it's a Disaster"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Partner Manager in Elk Grove Village, IL
    Current Employee - Partner Manager in Elk Grove Village, IL
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at Citi full-time (More than 10 years)

    Pros

    Nice people to work with

    Cons

    There is always something new to learn, and not because you want to, but because there's a new boss in town in a department you interact with. Internal battles are nonstop. Supplier management processes are so poorly managed, there is no path to success. Partners are not pleased with internal delays and it affects overall job satisfaction.

    Advice to Management

    Evaluate existing departments and processes before implementing a better mousetrap. Sometimes you just need to change the bait!

  8. "Citi"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in New Lenox, IL
    Former Employee - Anonymous Employee in New Lenox, IL
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Citi full-time (More than 3 years)

    Pros

    Great Benefits - Meaningful projects in flight aimed to improve market share and client experience- Very Ethical and Diverse Teams

    Cons

    Long Hours - Many groups understaffed(seemingly) -

    Advice to Management

    More emphasis on robust training for new recruits --help them become experts at what they need to do -- then add to their responsibilities slowly


  9. "Executive turnstile leads to ever changing goals that are never achieved"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Global Product Manager in Chicago, IL
    Former Employee - Global Product Manager in Chicago, IL
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Citi full-time (More than 3 years)

    Pros

    Generally not a very high stress environment. People tend to be friendly.

    Cons

    The constant leadership churn causes a lot of thrashing. Each new executive cancels that last executives major goals/project. Citi never completely fulfills its promise to shareholders. Promotions are extremely challenging to achieve. Head count and open reqs are constantly frozen or removed. Rarely promoted within your role. To get a promotion you almost always have to take a new position with a new function, business, etc.

    Advice to Management

    Set a vision and stick to it for more than 1-2 years.


  10. Helpful (2)

    "Too many layoffs"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - QA Manager in Arlington Heights, IL
    Former Employee - QA Manager in Arlington Heights, IL
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    I worked at Citi full-time (More than 10 years)

    Pros

    Good PTO Policy. Work from home allowed. The pay was ok as were the bonuses. Travel was limited which was a giid thing.

    Cons

    Layoffs even when there is plenty of work available. The forced ratings system caused good employees to be rated below their actual performance.

    Advice to Management

    Try to keep managers in place by reducing all the reorgs.


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