Citi - Associate with the Corporate & Investment Bank based primarily in New York City at 388 Greenwich | Glassdoor
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There are newer employer reviews for Citi

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"Associate with the Corporate & Investment Bank based primarily in New York City at 388 Greenwich"

Star Star Star Star Star
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Investment Banking Associate in New York, NY
Current Employee - Investment Banking Associate in New York, NY
Recommends
Positive Outlook
No opinion of CEO

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

Pros

When I started in 1998 the pay was very competitive for investment banking associates. The caliber of professionals working around you are top shelf. Substantial resources at your disposal to perform your job. Highest caliber clients. Truly global universal bank provides geographic flexibility. Substantial institutional knowledge. Outstanding training program for those joining at the entry level. Extremely interesting work.

Cons

During my tenure managers were not good at managing subordinates. Extremely long hours. Working as a banker with Citi as an I banker was a life style decision. Break down of compensation causes employees to assume substantial risk for the year. Its up or out and very competitive. Can be a political mine field to stay at firm.

Advice to Management

More transparency to junior leaders from senior management. Better incentivize management in developing junior leaders. Incorporate the principal perspective in dealing with clients.

Other Employee Reviews for Citi

  1. "Excellent company to work for"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President in Warren, NJ
    Current Employee - Vice President in Warren, NJ
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    Work life balance
    Diversity and global presence with numerous opportunities

    Cons

    Senior leadership changes did not go well


  2. "Lots of support but managers are severely underpaid for the workload."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Assistant Vice President in Hagerstown, MD
    Current Employee - Assistant Vice President in Hagerstown, MD
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at Citi full-time (More than 8 years)

    Pros

    - Strong corporate culture
    - Relaxed environment (cards call centre)
    - Diversity of staff

    Cons

    As a manager of 25 -30 staff, I'm severely underpaid for the work I'm doing. Due to the "zoning" of salaries, I'm paid the same as an employee in the midwest, though I'm 30 miles outside of DC. I'd estimate I'm underpaid about 15K for the work I do. It's also hard to swallow that my "raise" this year works out to $8.22 a cheque when the company earned 2.2B in the 4Q.

    Advice to Management

    Pay your employees what they are worth, or at minimum provide cost of living increases in order to stay competitive.

There are newer employer reviews for Citi
There are newer employer reviews for Citi

See Most Recent

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