Citi Reviews

Updated 19 September 2014
Updated 19 September 2014
2,626 Reviews
3.2
2,626 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Citi CEO Michael Corbat
Michael Corbat
527 Ratings

Review Highlights

Pros
  • Citi generally has a good work-life balance for a financial services company (in 193 reviews)

  • Allowed to work from home at least three times a week, was given praise for work from upper management (in 74 reviews)


Cons
  • One of the greatest asset working here was the Work Life balance (in 91 reviews)

  • Senior management continues to move jobs from NYC to Buffalo to save money (in 113 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Great bunch of people

    Current Employee - Director
    Current Employee - Director

    I have been working at Citi as a contractor for more than 10 years

    Pros

    Culturally diverse and friendly colleagues

    Cons

    Can take long to implement ideas

    Negative Outlook
  2.  

    Many opportunities, but difficulty to attain them due to so many layers and red tape within such a large organization

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Associate  in  London, England
    Current Employee - Associate in London, England

    I have been working at Citi full-time for less than a year

    Pros

    Opportunities to network with other divisions because most of management is willing to meet for a chat. Many global locations allow the possibility to move geographically, but requires networking on your own. No formal process

    Cons

    Many layers of management which they are trying to improve. These layers also cause miscommunication and specialized knowledge where most employees only know about there own role. Very few individuals have a true sense of what goes on holistically at the firm.

    Advice to ManagementAdvice

    Simplify the organization by cutting unnecessary layers, improve processes in order to get tasks done faster, allow for greater internal mobility

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    Good working Culture, competent

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Summer Analyst  in  London, England
    Former Employee - Summer Analyst in London, England

    I worked at Citi as an intern for less than a year

    Pros

    Diverse, full Product offer, competent people, huge market reach

    Cons

    I didn't really see any cons with working here except for the obvious lack of work-life balance. But you should know that going in to any banking job regardless of Company.

    Advice to ManagementAdvice

    Keep doing what you're doing.

    Recommends
    Positive Outlook
    Approves of CEO
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  5.  

    Good place to start a career in banking

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Associate  in  London, England
    Current Employee - Associate in London, England

    I have been working at Citi full-time for more than a year

    Pros

    Great network, talented colleagues and good training programme. Overall better culture than some other banks.

    Cons

    To big and sometime not very transparent. Lots of politics at senior level. Work/life balance non-existent but it is the same in every bank

    Recommends
    Neutral Outlook
  6.  

    Quality of work experience depends largely on your team

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee  in  London, England
    Former Employee - Anonymous Employee in London, England

    I worked at Citi full-time for less than a year

    Pros

    Some teams and people were awesome, very "down to earth" and not as cut-throat as those at other investment banks.

    Cons

    Mediocre standards
    Didn't feel like the best place to grow your ambition
    A lot of very unprofessional people

    Advice to ManagementAdvice

    Raise standards and see where that brings the firm in terms of league table rankings

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  7.  

    Good experience but not the best place

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - IT Project Analyst
    Former Employee - IT Project Analyst

    I worked at Citi full-time for more than 5 years

    Pros

    Global, challenging and high visibility projects. Good reputation for your CV. Innovative solutions to have a good balance between professional and personal life (home office). Great perks for full time employees.

    Cons

    Operations & Technology is not seen as investment, it is seen as expense. Too many controls and procedures, slow pace, some bureaucracy, personal growth based more in relations -due to power niche- and not in personal performance at all.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  8.  

    Great learning experience, but lacks clear program for developing bankers.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Investment Banking Associate  in  London, England
    Current Employee - Investment Banking Associate in London, England

    I have been working at Citi full-time for more than 3 years

    Pros

    You work with hard working, dedicated people who, in my experience, are always willing to help. Great cohesion between various teams. Broad geographic reach gives rotation opportunities, but they are hard to get.

    Cons

    Seniors don't take juniors to pitches enough. Lack of structured program to develop juniors into strong bankers.

    Advice to ManagementAdvice

    Have a clear plan for developing talent. Too many people I've worked with have left simply out of not being satisfied with client exposure / development.

    Recommends
    Neutral Outlook
    Approves of CEO
  9.  

    Get an education then get out

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Vice President Consumer  in  London, England
    Former Employee - Vice President Consumer in London, England

    I worked at Citi full-time for more than 5 years

    Pros

    Global reach, great brand name, broad training

    Cons

    You are just a number at the end of a day. Still a very siloed organization

    Advice to ManagementAdvice

    Walk the talk

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

    Dead for technology in London (CATE)

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Vice President  in  London, England
    Former Employee - Senior Vice President in London, England

    I worked at Citi full-time for more than 10 years

    Pros

    Good Salary, outstanding technical staff (those who haven't been made redundant yet), good package, nice location, good work/life balance.

    Cons

    If you want to work in IT technology/engineering in London then forget it. The company is refocussing on low cost locations just as every other major financial is doing the opposite. Absolutely stunning lack of imagination and creativity in management (based in the US). No one really knows what the direction is for technology because the man in charge is seaweed, he goes whichever way the current is flowing that day and changes according the changing current the following day. During a 30 year career I've yet to see such inept management and it beggars belief that they survive. If there isn't a major IT catastrophe in the next year or so it will only be because enough of the true stars on the ground are still there patching the gaping holes while they wait for the golden ticket to arrive. Zero paid training ever, siloing of talent endemic, opportunities for changing roles non existent unless you fancy moving to India.

    Advice to ManagementAdvice

    Get someone in on the ground who knows what the hell they're doing, get them to identify the deadwood at senior management levels and move them on and keep more of the people who actually can do the job and make a difference beyond producing reams of Powerpoint slides to be delivered in a tortuous 2 hour monotone monolog. Invest in the established technology hubs that got the bank where it is and don't risk it all on a cheap unproven alternatives. If you don't it will come back and bite you in a big way.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  11.  

    Career defining- and an amazing network

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Director  in  London, England
    Former Employee - Director in London, England

    I worked at Citi full-time for more than 10 years

    Pros

    Wherever I have been since , the Citi network has supported and helped

    Cons

    Pay not always amazing - and a risk you only learn the "Citi way".

    Advice to ManagementAdvice

    Always remember your staff are people, not just pawns in a game.

    Recommends
    Negative Outlook
    Disapproves of CEO

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