How is virtusa as a vendor for Citi? Is it the biggest vendor? How stable is the job if I join citi through virtusa as delivery manager ?
It's not a bad as it could have been
I'm not trying to defend the company, but our layoffs were under 100 people while other banks cut hundreds upon hundreds of people from their mortgage and landing. The only thing that worries me is whether there will be more to make up for the... — read more
Mortgage Layoffs
https://www.bloomberg.com/news/articles/2022-09-02/citigroup-cuts-dozens-of-mortgage-staffers-after-market-slows
Goldman Sachs returning to office 5 days a week. Are we next?
To think, I complain about three days a week. https://nypost.com/2022/08/30/goldman-sachs-lifts-covid-protocols-urges-workers-back-to-office/
AVP
What’s a reasonable Business Associate - AVP base salary in NY? Sign on Bonus? Annual Bonus?
I despise that new mantra
At least my experience is that no matter how hard someone tries, Citi will always try to keep them exactly where they are. Then why does everyone constantly repeat the mantra that the employee is solely responsible for his or her career progress?... — read more
Anyone in the NY office here about the new hotel desks?
So now we're moving into the hotel desk policies? Our desks are only temporary? Yuck. I don't want to sit at someone else's desk, use someone else's headsets! For this, we should just wfh.
Citi: Substantial problems
Citigroup Chief Executive Officer Jane Fraser, who oversees one of the world's biggest investment banks, is under pressure to improve controls after multiple probes revealed what regulators have said are substantial... — read more
Employee referral reward is a 50-50 sham.
I’ve referred two different people for two different positions. After two weeks they were told by HR that the position no longer existed. A week after that, they were contacted by HR saying that a new position was opened that they should apply for... — read more
The role of the direct manager in the employee's raise and bonus
I really don't believe that the direct manager has nothing to do with raises or bonuses, as someone wrote here. Is it really possible that they don't have any influence over it? I'm asking for your opinion, although for now I'm almost convinced... — read more
Any details on mortgage layoffs?
I heard rounds are starting today
Commercial Real Estate
Interviewing for a for a role in the commercial real estate department in Irving. What’s the culture/management like in this group? Flexibility on the work from home? Lots of overtime required?
The core reason for attrition is that loyalty is punished……
if you hire in new talent at a higher salary as the current internal employees, that in itself tells you that you are behind on the salary curve and in effect are punishing your employees for being loyal by not paying them the market rate.
Hiring process is completely bizarre
I interviewed with Citi in early June, 2 rounds of interviews and was told by the hiring manager that interviews would be wrapping up in the next week and I would definitely hear back, along with questions regarding my notice period and if I had any... — read more
Salary Range Needed - Digital Product Manager
Hi can someone internal please give me the salary range for a Digital Product Manager in Irving, Texas? Both: C12 AVP C13 VP
Anyone else cringe at the thought of performance reviews?
You just never know what someone is going to say, even after busting your hump, and giving it your all.
Ask Jane anything.
What would you ask her?
Citi does not work you excessively…it depends.
Here’s my experience. I started work at 4AM all the way through 3PM, no lunch per se, just one apple. My blood sugar is irregular so a normal diet is preferred but for this day so far just one apple. Why no break, why no food? Lots of work came in... — read more
As Microsoft is showing, workers may never come back to the office
https://www-seattletimes-com.cdn.ampproject.org/c/s/www.seattletimes.com/seattle-news/as-microsoft-is-showing-workers-may-never-come-back-to-the-office/?amp=1
How many of you are doing the workload of two people?
Our team shrunk via attrition during last year, and in the meantime they have not employed anyone even though we get promises that new employees will arrive. During that time my workload literally doubled, and I’m now doing the work that was done by... — read more
Oh look, Citi stock is down….oh wait…nothing new.
Watching CNBC financial and listening to them talk about Citi stock is embarrassing. “Citi continues to be a problem compared to the other banks, going on 8 years now…etc…” So Jane, your main goal is to drive the stock and\or dividend payout... — read more
Taking it too personal. Redirect things into motivational fuel.
There’s lots of anger out there and it’s unwarranted. 1st: It’s a job, not a cult. It’s a means in which to pay the bills, nothing more. 2nd: Don’t fool yourself into thinking that Citi cares about you, they don’t and never have. You are only... — read more
Lack of career advancement is getting me down.
I try hard, but there is no progress. That depresses me a little. Perhaps I’m overestimating myself and my work, but I’m starting to doubt it’s up to me. How much has your career progressed here? I hope there are those here who have managed to get... — read more
Empty promises
I've had enough. At the previous company, management also gave empty promises to employees, but here it is on a whole other level. How many times have you heard an empty promise from your manager? I gave myself a deadline to leave this misery in no... — read more
The package would be the best way out
I am one of those who would sincerely like to receive the package and leave Citi. I think I'm not in the minority?
Digital PM Offer
Citi folk - I just knocked out my 3rd round for a Digital Product Manager role at Citi. So far it's been very unorganized due to the 3rd party recruiting company being absolute garbage. I just happened to find out the other day this is a hiring event... — read more
Citi ranked 88th out of 100 US Banks
https://www.forbes.com/lists/americas-best-banks/
I smell a re-org in the works…
Usually Citi upper management when faced with not knowing what to do, often re-orgs. They know they have to do something but aren’t sure what, so a re-org buys them some time. It buys them a year in the eyes of the board. Citi is at the cross... — read more
Citi to hire 4,000 tech workers
https://www.businesstimes.com.sg/banking-finance/citigroup-plans-to-hire-4000-tech-staff-to-tap-into-digital-explosion
Ugly truth
Citi usually manages their BAU people out of fear and are quick to tell you that the pittance you are given for a raise or bonus is doing you a favor. If your role is BAU then you WILL NOT be given a raise to match the rise of inflation. It just... — read more
California Branch Discrimination
https://youtu.be/LC46J6jdjSg Another law suit for Citi
Penalty for loyalty.
According to CNBC those that leave their current jobs for another get at least a 7% increase in pay as a minimum vs. those that stay. Given this, it may be time to leave. Citi should give their people a retention raise. Why continue to punish your... — read more
Your future in your own hands.
Don’t wait around for Citi to pay you more, to offer you more. It won’t happen. The best that management can do is catering to pizza Friday or bagel Wednesday and that’s as good as its going to get. When compared to other companies, it’s... — read more
Shorter deadlines
Employees here are used to working under stress. Ever since I’ve been working here this has been a stressful environment, but I’ve accepted that as the nature of my job. Have you noticed that deadlines are getting shorter and shorter though?... — read more
Citi Bonus
Hello Citi-zens I am new to Citi and have heard mixed reviews on Citi's bonus amounts. What are the mystery amounts... AVP - ? VP - ? SVP - ?