I have an offer for BISO position in the US. Can anyone comment on if the IS area is being downsized? IS is usually pretty safe, but i read about pieces of Citi being sold off or eliminated and not sure I would be stepping into a short term gig and then get a pink slip in 6 months or ?
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The iso role is not really a security role anymore it is a glorified first line rule regurgitation role. Yes you will learn some vendor relation stuff but it’s about as far from security as you can be and still call it security. It is rolling under risk as part of the new org. They also gutted all leadership in the org so big changes. Also not all iso roles are the same some are more technical and do significantly more work than others. I suspect the balancing is coming with the new org chart. Personally, if work life balance is what you are after Citi is the place it’s half the job for half the pay.
They can technically end the role even before you start. I'd consider elsewhere if you have the opportunity.
Citi IS used to be dead ended: no promotion but secure. Now IS has no job safety, the most senior persons were let go.
Take it only when you have nothing else.
Unless you're turning down another opportunity to come here, or leaving somewhere you like, why not? Worst case you get laid off and get paid while looking for your next job. Best case, it sounds like it's what you want to do, and you're getting the opportunity.
I was restructured out of a job in 2018 after 2 years. They got rid of 80% of the dept. Take the job if there is nothing better in the pipeline. But Citi always does layoffs every couple of years.
If you don't have anything else, take it. I heard they have been and will be having layoffs though.
Run
I doubt anyone here could tell you for sure, but its either a very vital position or someone had to use a lot of capital to get a req right now.
I don't think they would plan to eliminate the role in less than 1 year after hiring you, however, working with Citi I can tell you, you have to consider the uncertainty and balance that with the pay and life changes you will make. It certainly won't be what you expect. The uncertainty is high. They don't give af about how this impacts you, and literally could be let go in 3 months, 7 months, for reason or no reason. However, I don't think that would be the plan. But a position for 1 year or 2 years given this restructuring, is very well indeed possible. I'm stuck on one of these and if I had known what I k nownow, my thought process to accept the offer would have been different. Just have in mind when you accept any offer at Citi that if things go fine, it might be a 1 year or 2 year position and if things go bad, it might possibly a 6 month gig. There is also a lot of politics and favoritism, and sometimes it doesn't even matter how you perform because someone else is already friends with the manager for several years and if they have to cut someone, they will choose you.
I know someone work at Citi and they said March is when layoff happening. Most of his team will be gone in March also. I thought about join but I going to hold off