Citi
Citigroup (Citi) is a global financial services corporation and one of the largest banks in the world, providing retail banking, investment banking, corporate banking, and wealth management services across more than 160 countries. With a workforce of roughly 240,000 employees, Citi is divided into major business lines including Institutional Clients Group, Personal Banking & Wealth Management, and the Citi Commercial Bank, serving corporations, governments, and high-net-worth individuals worldwide. The company is headquartered in New York City and has maintained a significant global footprint for over two centuries.
Citi has a strong and longstanding presence in Spain, with operations centered in Madrid. Its Spanish offices support institutional clients, commercial banking, and UHNW wealth management services for the Iberian market. The work culture at Citi is highly international and collaborative, offering an English-speaking environment with exposure to global projects and diverse teams. For international professionals, Citi Spain provides an attractive opportunity to work with a major multinational bank while living in Madrid, with competitive compensation, global career mobility, and a focus on professional development.
Company History
Citi's origins date back to 1812 when the City Bank of New York was founded. Through a series of mergers, notably with Travelers Group in 1998, it became Citigroup as it is known today. Over the decades, Citi established itself as a global financial network, providing a breadth of services and navigating multiple economic and market cycles.
For International Professionals
- Citi has a well-known global mobility program and actively supports internal transfers between offices, making it easier for international hires to relocate to and from Spain.
- Working language at Citi's Spain offices is English, particularly in the investment banking and UHNW divisions, so Spanish fluency is not always a prerequisite for many roles.
- The company offers competitive expatriate packages that may include relocation assistance, housing support, and educational benefits, especially for senior roles.
- Citi Spain is strongest in Madrid, with a focus on corporate banking, wealth management, and commercial banking for the Iberian peninsula.