CITI Sales and Trading
Hi, I have a full time offer at Citi for sales and trading and wanted to know if anyone was familiar with the program. I know that it is a rotation and wanted to know if anyone know how it stacked up against others in terms of prestige and compensation. I really like the people I met but am deciding whether or not to make the switch from banking. I did an IBD internship this summer and have 3 offers from BB firms for IBD. I think I would definitely be happier in S&T but wanted to find out more about Citi S&T. Any advice would be greatly appreciated.
Could you tell me your major/gpa and what school you go to?
Citi has a great s&t program from what Ive heard...
The summers rotate across equities and fixed income, sales and trading for your summer. Then even if you did your summer there, all full-timers rotate again, and can do so for up to 5 months. I'm not going to lie to you--rotating sucks, and Citi rotates more than any other bank on the street. So that's one drawback.
The rotating stuff at Citi is pretty bad. Their S&T isn't particularly well regarded though don't let that stop you. If you are a better fit in S&T that's what you should be doing, period.
trust me, do s&t you wont regret it
i summered at a BB in IBD and now work at a BB in s&t fyi
stay away from Citi at all costs..no good stories come out of that firm..
Care to expand...citi has the biggest debt group on the street, and it's the old SSB group.
I currently work in PE but have always been interested in S&T. Can anyone elaborate on some of the differences between sales and trading regarding daily responsibilities, job requirements, personality traits, etc. As a broker are you cold-calling all day building a book of business? Thanks for any insight.
Citi has a bigger balance sheet and good exit opps. For instance, one friend of mine was able to move from S&T to Citi Private Equity
With 3 IBD offers, did you intern in IBD? If so, I'm sure you understand the lifestyle. You can also try to to switch from IBD to S&T with the banks you currently have offers with if you don't like Citi
I had no idea Citi had a PE business, whenever I Google Citi Private Equity, I find PE solutions Citi pitches to their private bank clients - that sounds like WM - that's not what you're talking about right, because, in terms of exit ops, WM seems, even though its subjective as hell, like a huge step down from S&T.
mate you are responding to a comment from 2007
how is Citi HK S&T(relative to US office)
Hi, I have a sales and trading interview next week with large BB firm (1st round) over the phone. Just wanted to know what all questions to expect? Whether it is more fit based or technical?
A lot of BS in some of the posts above; such as Citi having bigger balance sheet. It is not necessarily true - speak with their funding guys and how they feel about HSBC's balance sheet size. At times you have a bigger balance sheet but so many restrictions you can't do much, check with repo desks.
There's a lot going on with capital charge that will force banks (or is already) to rethink on the way they risk capital and participate in trades. If you really want to do S&T a good idea will be to accept Citi is a good brand and will allow you to explore S&T well. From there you build your skill set and move on to what you really want to do.
In terms of rotation it is not necessarily bad. You will get to know people and understand products better.
Citi has quite a few desks that are well regarded. They've done well in FX, credit (esp. HY) and rates. Haven't heard great things about commodities or structured credit there. I'm not talking about this or last years rankings but focusing more on past few years as it's more logical that way.
Just like any bank there will be some desks where you life will be shitty in the beginning with too much pressure. So don't make your decision based on one-off negative statements.
Citi Sales and Trading superday 2010 (Originally Posted: 10/02/2010)
What kind of questions are asked at Citi's Sales and Trading Superday interviews? What is the agenda of the day like?
when is the superday?
Does Citi have a superday? Maybe they do for FT... Last year for SA, they came to our campus and conducted the first round and that was it.
Superday is the final round of interviews. If you're shortlisted, then you will be invited to their office to speak with 4-6 people.
how many people are invited to a Citi superday? how many spots are open to the people that show up?
Also curious about this. Anyone have any insight based on last year's FT S&T superday at Citi's NY office?!?
bump
any update on this? i have S&T final round in NYC and have received mostly fit/general market questions for 1st and 2nd rounds. I have no idea what to expect for the superday. Would appreciate any feedback.
Citi S&T FT 2011 (Originally Posted: 10/09/2010)
I have a first round interview with Citi S&T next week and I would really appreciate any insight regarding the firm.
-What do you think seperates Citi from other BB S&T? -What is Citi known for? -How is it viewed in terms of prestige and career opportunities? -Anything unique to the analyst experience? -Any other comments are welcomed.
Very happy to be interviewing, looking forward to hearing what you guys have to say. Thanks.
Any ideas?
its known for its global presence-->good for EM. it is a solid top 5 BB S&T trading house. It is particularly good for rates and fx. it looks good in terms of career prospects in S&T.
Bump to this one. Anyone else have anything to add?
Boomboom, thanks for the response. Any thoughts on equity derivatives desk?
Citi s&T superday 2/23 (Originally Posted: 02/24/2012)
Anybody already receive an offer by any chance? Or know of anyone who received an offer?
Interested in this as well...
Was this NYC or London?
Citi S&T gave out offers on the spot. If you haven't heard than you have been wait listed
Sorry, this was for the NYC office
I was there on the 2/23 superday, got the offer on the spot which is how they have been doing it lately... good luck though, let me know if you get it as well!
Then it is for NYC then....London hasn't offered for the 2/23 super day
Yeah I got a call today informing me that I was still "under consideration" for now, but a final decision would be reached by next Friday. Guess I can't really expect much at this point...
good luck. PM me if you get it. I start there in July
I was also told that I am still under consideration. I think they have quite a few candidates on hold so I do not expect too much at this point...
has anyone heard from the London office?
I was there on the 23rd. haven't herd. They haven't told anyone. Hr told me that the person who approves offers like quit or something and they had to get everything approved via someon else which is slow....who knows??
anyone got off from the waitlist? I am still waiting to hear back.
Citi S&T superday - Junior undergrad at non-target (Originally Posted: 01/08/2013)
I'm a junior undergrad at a non-target school. I was selected to participate in Citi's S&T superday coming up next week, without any previous interviews or phone calls (no idea how, don't ask). I was just wondering if anyone who has been through this process before or knows of questions I might be asked or things I should definitely know beforehand would mind posting to help me out or sending me a direct message. Even if it might be obvious I'm open to all potential questions as this will be my first time going through this process.
Hey man, first off congrats! Don't question how you got it, but be thrilled because that is pretty awesome. I have nothing to offer in terms of advice, but I checked through the company database, and there are a pretty good number of entries on SA S&T interviews, so I would really suggest checking those out (as well as FT interviews).
As above. Also, check GlassDoor's interview reviews. Best of luck.
anyone else???
Hey, did you interview with Citi yet?
yea a few weeks ago
Do you mind saying how it went? I'm interviewing with them pretty soon.
Thanks,
It went pretty well I thought, haven't heard back yet but from talking to some people I know there I believe I'm currently on "hold". Was not as difficult as I thought it would be, some markets questions but also a lot of fit.
Sounds good. Last questions: (1) how many people interviewed you? (2) How did you travel there?
Citi S&T superday are generally 6 interviewers with either 20-30 min per interview. All back-to-back.
They will contact you with info regarding travel (incl. airfare etc).
Yes, thats correct they paid for me to take a train there. There were 8 total interviewees and each of us had 5-6 interviews total from what I heard from talking to the others that were about 20-30 minutes.
Citi S&T (Originally Posted: 07/01/2013)
Hey Guys,
I was wondering if Citigroup ever hires F/T Analysts in the fall? I am currently doing an internship at another bulge bracket for the summer but I will be graduating from Undergrad at the end of Aug.
If anyone could shine some light on this that would be great. Thanks in advance for your replies
They do but the interviewing cycle for UG grads has passed.
Citi Sales and Trading Analyst superday Oct 3rd, 2013 (Originally Posted: 10/07/2013)
Has anyone heard back yet?
Thank you.
is this for full time or summer analyst? Thanks!
Full-Time
Citi is usually good at getting back to candidates in 2-3 days either with an offer or an "unfortunately". If you her nothing assume you're on hold.
I haven't heard anything yet either.
Just an FYI to you guys: the program is looking to fill like 30-40 spots. Idk why that number is so large but I heard that from my schools recruiting captain. Good luck
Someone I am very close to use to work in Citi S&T just this past summer he left, a huge exodus he told me.
Any word..
They are looking to hire a sizable amount, but if you haven't heard yet... Not good.
Did anyone hear back yet who was at the superday Thursday October 17th?
I had the October 17th. Haven't heard back.. they had said we would know by the end of this week.
@klm0765 , you guys hear back? @mossesgetch
@polqwe not yet unfortunately....supposed to know by today though. have you?
@polqwe Haven't heard back yet either :/
has anyone heard of someone hearing back with an offer?
@mossesgetch @polqwe @klm0765 did you guys hear anything from Citi today?
Nothing yet
If you haven't heard no, that's not the worst thing.
@wallstreethope do you mind elaborating? - do you know if there are people who have received no's/are you insinuating that silence = waiting list ?
I went through the process a couple years ago. Things might have changed (but I doubt it). Usually after the super days, everyone goes to a boardroom and comment/rank everyone. I went through 7 SA super days. 5 FT super days. If they absolutely loved you, expect a call that day (of super day) or next day. If they say expect to hear back by (insert day) you will likely recieve a rejection by that day or the next day. If they haven't reached out to you, it means they might be working out numbers, waiting to hear back from offers they have extended, etc.
Still no word. Did any one hear back?
FWIW my friend received an offer from I think the Oct 3rd superday.
Citi FT S&T Interview (Originally Posted: 09/27/2014)
deleted
More focused on technicals. The level of questions will be more dependent on your experience. Did you work in IB, ER, AM or S&T this summer?
I worked at PWM for a wirehouse.
Citi Sales and Trading Analyst Interview (Originally Posted: 10/05/2015)
Hey Guys
I have a superday for Citi Sales and trading full-time analyst position coming up and I was wondering if anyone could give me some insight on interview.
My first round was a phone call with a VP, it was mostly behavioral with some focus on the markets and news.
Would really appreciate some help!
Can't offer any advice but kudos on making it this far. Wish you luck!
Have firm thoughts on the markets, a couple investment ideas (1 stock, 1 non-stock), prepare for mental math/brain teasers.
Citigroup Trading (Originally Posted: 11/09/2008)
what are your thoughts on citigroup trading (full-time) in terms of: strength of analyst program, prestige, exit opportunities, etc.? thanks in advance!
Do you have an offer for the S&T program? I heard deadlines to accept were end of this week or something
Also what are your other options-just curious to what else you could be considering
they are building a huge energy desk in houston. I have a few friends on it
sorry for the late reply. yeah, i have an offer for the trading track of their s&t program. i won't know which desk i'll be placed on until i start.
my deadline hasn't passed yet but it's coming up pretty soon. i'm also considering positions at prop shops like trillium, sig, etc., as well as Asset Management roles at other bulge bracket banks. what's your take among these options? thanks!
Wow congrats on the loads of offers, sorry to hijack your thread but do you have any interview tips for a uni student strongly considering a career in trading, were you a math major?
I would pick sig... just me
i took the offer at Citi trading track. see you in nyc?
@ gordongekko111: i'm not a math major but i did take quite a few math and statistics classes. the best advice (if i am in any position to give advice) to getting a trading internship/full-time job is to know the markets really well. pick a company/market/sector/commodity/rate/etc. and follow it closely on a daily basis. i feel knowing the markets well and actually enjoying following the markets is just as important if not more important in landing a job/internship in trading. just my opinion though
@ jgl12345usa: what other offers were you considering and were you there on the superday on friday, october 10th?
i was there october 30
what are people's thoughts of Citi now in light of the recent events?
i think that due to recent events Citi is now the safest place to work, alongside JPM and GS.
Can any of you guys give anymore details about Citi's energy trading desk in Houston? Curious to know what you guys mean by "building a huge energy desk". Do they currently have an energy trading desk there? How much larger are they making it? In light of the current government bailout, is Citi going to continue their energy trading plans?
monty is the guy to go to for info on Citi's energy desk on Houston.
All banks' energy desks are under scrutiny now, including Phibro.
PM me I know someone else who might talk to you about Citi energy.
CITI S&T FT 2011 - Asia (Originally Posted: 10/12/2010)
All,
I will be interviewing for Citi S&T in Asia/ Does anyone happen to know what their core strength is in this region and what differentiates them from other BB shops?
thank you,
It makes no sense to talk about core strength in the context of S&T for Citi as their Asia S&T program is a one-year rotational program.
How does it help knowing they're top 5 in FX/rates globally if you can't be sure you'll end up on those desks at the end of your rotation?
If you have a specific question on the process, let me know the location (HK/SG) and interviewers and I will fill you in on insights from my interview experience.
Double post.
Qui accusantium nesciunt est vel harum dolores. Architecto eos officia vel saepe assumenda delectus. Nisi amet id quae rerum similique aut. Et exercitationem tempora ipsum est soluta quas et commodi.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Est laudantium inventore magnam ut sed. Placeat velit odio voluptatum odit inventore sed aspernatur. Ut eius ea quia. Sit eius aut ut dolorum earum.
Et aut et corrupti nobis saepe. Omnis harum aut et. Atque reprehenderit doloribus vel ex rerum molestias natus. Deserunt ut id earum. Qui aut repellat voluptas laudantium doloremque consequuntur qui. Id magnam eligendi dolor impedit ea et aut.
Et saepe architecto eaque. Quasi illum rem vero consequatur doloremque cum. Debitis voluptatibus doloremque occaecati neque quibusdam quos. Nobis quae sint dolor aut velit occaecati. Nostrum aut laudantium atque ut totam dolorum fugiat. Velit est enim aut modi assumenda saepe quos.
Non nobis exercitationem saepe quas est. Dolorem praesentium id quas eum porro quasi. Corporis atque quas omnis assumenda.
Aut voluptas in ea illo dolores sit. Iusto et expedita corporis sed ut. Molestiae cum sapiente ut. Voluptatem reprehenderit dolore earum accusantium commodi adipisci aut accusantium. Unde mollitia sunt sapiente.
Magni sed dolor eum deserunt et fugiat. Nam laborum dolorem ullam maxime. Qui eveniet voluptas id eligendi ut sint.
Facere laudantium iure tenetur. Corporis ut voluptatum qui atque facere. Perferendis et quis consequatur sit voluptatem. Similique est esse voluptatibus aut aperiam cumque reiciendis. Ut sunt eaque veritatis. Et quod iure aliquam eveniet ut rerum blanditiis cupiditate. Vel assumenda reiciendis mollitia est maxime nam.
Possimus corrupti nulla eveniet voluptatem atque nam non. Doloribus architecto aliquid sit. Id et aspernatur corporis odio sit accusamus et. Ipsa sequi aut temporibus atque sit fuga. Sed suscipit quis quaerat rerum et tenetur.
Omnis nam quia voluptates tenetur rerum. Laborum sed quis aut placeat quisquam ratione nihil facere. Excepturi minima ullam numquam eos et omnis recusandae. Aut non inventore consequatur magnam eum.