Citi corporate banking
Have seen a lot of job postings across multiple sectors, specifically at junior level. Anyone know why they hiring so much? Are people leaving or are they just growing?
Have seen a lot of job postings across multiple sectors, specifically at junior level. Anyone know why they hiring so much? Are people leaving or are they just growing?
Career Resources
Based on the most helpful WSO content, Citi's corporate banking division has been noted for offering a better work-life balance compared to investment banking, which often attracts professionals seeking a healthier lifestyle. However, there could be multiple reasons for the increased hiring activity:
Growth in Corporate Banking: Citi may be expanding its corporate banking operations across various sectors, which would naturally lead to more job postings, especially at the junior level.
Turnover: While corporate banking is known for better work-life balance, turnover can still occur due to career transitions, internal mobility, or professionals leaving for other opportunities.
Strategic Hiring: Citi could be strategically hiring to strengthen its presence in specific sectors or regions, especially given its focus on emerging markets and global operations.
If you're considering applying, it might be worth networking with current employees to get a clearer picture of the situation and the culture within the division.
Sources: Why Do You Want to Work at Citigroup?, Stuck in Corporate Banking - Fighting Complacency, JPM London: Horror Stories on Junior Staff Cuts, Unpacking Corporate Banking at Citi/BAML?
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