Citigroup is planning to hire nearly 4,000 people to join its tech team, the company is trying to digitalize as much of its client experience as possible.
Currently, Citigroup employs more than 30,000 software engineers.
The employment opportunities at Citigroup will be in the areas of Data specialists as the particular demand across the banking has a wider jobs market. Secondly, more than 1,000 the hiring plans in the areas of the markets technology team as part of an aggressive growth strategy.
“We’re trying to digitalize as much of our client experience as possible, front and back, and modernize our technology,” said Jonathan Lofthouse, head of markets and enterprise risk technology.
Jonathan Lofthouse added, “Those firms that can digitalize fastest are going to create competitive advantage.”
“Pay was a factor in getting new workers through the door, but training and flexible working models would help to keep them.” He said.
He further said, “Everyone in lockdown suddenly had to do everything digitally, whether then was getting groceries delivered or watching more Netflix. We’ve always seen the tech market to be competitive but particularly at the moment, coming out of the pandemic, we’ve seen a digital explosion across industries.”
This move comes as post-pandemic the banks have upgraded the two-decade technology platforms to make services available remotely for both clients and workers.
Citi’s mission is to serve as a trusted partner to its clients by responsibly providing financial services that enable growth and economic progress. Its core activities are safeguarding assets, lending money, making payments, and accessing the capital markets on behalf of its clients.
Citigroup has 200 years of experience helping clients meet the world’s toughest challenges and embrace its greatest opportunities.