Citi Reviews in Chicago, IL | Glassdoor

Citi Chicago Reviews

Updated February 28, 2017
51 reviews

Filter

Filter

Chicago, IL Area

3.1
Star Star Star Star Star
Rating Trends Rating Trends
Recommend to a friend
Approve of CEO
Citi Chief Executive Officer, Citigroup Michael Corbat
Michael Corbat
11 Ratings

51 Employee Reviews

Sort: Popular Rating Date

Pros
Cons
More Pros and Cons

  1. "Investment Banking Analyst"

    Star Star Star Star Star
    • 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.


  2. "Vice President"

    Star Star Star Star Star
    • 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


  3. "Now it's a Disaster"

    Star Star Star Star Star
    • 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!


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. "Citi"

    Star Star Star Star Star
    • 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


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

    Star Star Star Star Star
    • 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.


  7. Helpful (2)

    "Too many layoffs"

    Star Star Star Star Star
    • 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.


  8. "Great place for those who hate change!"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - Senior Business Analyst in Villa Park, IL
    Former Contractor - Senior Business Analyst in Villa Park, IL
    Doesn't Recommend

    I worked at Citi as a contractor (More than a year)

    Pros

    Citi has a very stable environment and the people tend to be helpful in IT. No matter which department you go to, the employees are interested in helping you to find the next person down the chain to the answer you seek.

    Cons

    Thick bureaucracy and red tape (typical for big banks). Many employees have been in their positions for many (10+) years. They like they way they work and simply do not have any interest in better ways to do things. The impression I got from employees "if it's not broke, don't fix it". So zero capacity for innovation.

    Advice to Management

    Promote innovation by giving team notification of new ways to do things and the corresponding savings of time/money. This will help those who innovate to be recognized for the inordinate quantity of work that's required to introduce change into a stable environment where change is uncommon.


  9. "People are excellent"

    Star Star Star Star Star
    Current Employee - Vice-President in Chicago, IL
    Current Employee - Vice-President in Chicago, IL
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at Citi full-time (More than 5 years)

    Pros

    At Citi there are high caliber employees that are driven to succeed, progressive technology, a sense of purpose, and focused on execution.

    Cons

    Management not properly incentivized to focus on subordinate moral. Too focused on the bottom line at the expense of innovation and development.

    Advice to Management

    Focus more on 'how' results are achieved versus the bottom line.


  10. "It's a lot of bureaucracy"

    Star Star Star Star Star
    • 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 a year)

    Pros

    Hours are great. Company is will recognised globally and offers options to move although you hanger to work on your own to find openings

    Cons

    Slow growth. Very old people who are reluctant to change outdated practices. Compensation is just about average. Office is in suburbs


  11. Helpful (1)

    "Retail services"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice-President in Naperville, IL
    Current Employee - Vice-President in Naperville, IL
    Doesn't Recommend
    Neutral Outlook

    I have been working at Citi (More than 3 years)

    Pros

    The pay is good, the benefits are ok (insurance, like everywhere else, is prohibitively expensive) and other benefits are competitive.

    Cons

    Silos exist from department to department and, along with the lack of any accountability, leads to an inability to successfully navigate the bureaucracy to actually accomplish anything. If you're coming to Citi from the outside, stay away.. The culture is such that you won't be accepted and you won't be given the resources to succeed.

    Advice to Management

    Provide better onboarding training to new employees. The current paradigm leads to high turnover among those coming to Citi with any experience as systems knowledge is limited and the opportunity to come up to speed is nonexistent.



Showing 51 of 6,918 reviews
Reset Filters