Citigroup Operations

I just got an offer from Citi for their portfolio analytics group in operations. Does anyone have any experience working there. What is the career path like? What is the salary range for new hires? They offered me 55K. Is it hard to move up to a front office role? Basically, I just want to know what my future will be like working at Citi in ops. Any comment or input will be greatly appreciated



 

i dont know what PAG at citi is like, but when people talk about PAG at blackrock it is considered pretty decent because you can transition into portfolio management or maybe trading, almost banking hours though. But obviouly citi groups it under operations. As far as work goes, you won't be clearing trades or doing data entry, it's more analytical. There have been tons of BR PAG threads here, those might tell you more.

 

Citi PAG >> Blackrock PAG. It'll be relatively easy to transition to FO, but your best bet is a top 3 MBA. I do think they lowballed you on the 55k though, most guys make like 70k entry level.

========================================= We are excited to formally extend to you an offer to join Bank of Ameria
 

I know that many of you may not really have experience with OPS, but would you reccomendation that I take Citi over the smaller MM anyways and hope to be placed or switched in?

 

Depends what the group in the MM is...... If it's something you really want to do, take the MM. If it's something you rather do compared to randomly getting placed at Citi- take Citi...

That's my 2 cent

 

I was speaking with a fellow WSO member and was told that the only chance I would basically have to move to FO would be in S&T as it is nearly impossible in IB, so that would be the division I would be shooting for. I'm just unsure of the chances that I would be put into something like PWM OPS.

 
thisguy646:
Would it be better if I were to accepts a Rotational Leadership Development program at an insurance firm?

im not sure, i think so..

could be better for the bschool

look, ask the ops guys to shadow there for a few days, meet the people etc so you can see the mentality of the people, whats the work about and so on..

dont know about you, but i had a short insight into what BO guys work, and i cant imagine myself working there; id do something totaly different from finance if that was my only choice.. when i didnt have much to do (yeah, happens...) i assisted them like once or twice on different projects... man.. mid aged women, everybody is easy going and polite, work is not challenge

its doing 9-5 - not achieving

 
fordhammasta:
more information on exit ops and all that. What is product control versus something like derivative operations?

"pay and crap"

"more information on exit ops and all that"

Structure your sentences a little bit better, and try to throw in a "please" or "thank you" every now and then.

 

Hi MezzKet,

I know u have commented on this a while back but I'm seriously considering Citi MA program. Do you know anything about the program's reputation? where do ppl go after completing? I know it's rotating through different depts, but since the program I'm looking at is in Vietnam so I'm afraid they might not have depts I'm interested in such as investment banking. Where did ur friends rotate through in HK Citi MA?

Thanks much

 

They always pitch ops at Fordham because it isn't a school recruited for front-end positions. I took the offer for the operations analyst program ASAP knowing it was one of the better career options at fordham for business students.

Fordhammasta, how do you know you will probably be placed in Derivative Ops?

The training period is 2 weeks, I confirmed it with HR.

 

Dolores repellendus quia illum nihil ut molestiae. Aut veniam ad quae voluptatem totam sed. Blanditiis ut qui perferendis consequuntur.

Hic alias fuga eos sed ipsam et. Non dolor magnam iure distinctio magnam et molestias. Animi laboriosam ut rerum ea amet odio consequatur.

 

Non fuga voluptatem beatae et. Necessitatibus est rem ab dolor est et eligendi. Sint non expedita debitis quia ducimus. Perferendis unde suscipit est molestiae officiis accusantium. Quisquam quaerat ab dolores iure totam. Laborum voluptas officiis qui iure.

Dolorem sint qui totam rerum facilis eligendi nesciunt quia. Nihil ipsam impedit ipsam dolorem qui dolorem. Alias sit quasi in placeat sapiente eaque. Fugiat harum aut reiciendis iusto doloremque fugit itaque. Fuga impedit incidunt aliquam autem quod.

Occaecati consequuntur officiis aliquid ipsam. In quia ea at aspernatur non. Delectus et aperiam recusandae eius voluptatem. Qui inventore tempore autem incidunt distinctio. Consequatur eum laudantium sunt enim ut. Non et aliquid accusantium et unde neque recusandae. Et et qui beatae ullam.

Career Advancement Opportunities

March 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. (++) 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

March 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

March 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

March 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (13) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (202) $159
  • Intern/Summer Analyst (144) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
kanon's picture
kanon
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
DrApeman's picture
DrApeman
98.9
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”