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Perspectives

A Moment To Appreciate Those Who Serve

By Citi,

November 6, 2018Posted InCiti

On November 11, the United States observes Veterans Day to celebrate all those who have served in the U.S. Armed Forces, and the United Kingdom observes Remembrance Day to honor those who sacrificed themselves in the line of duty. This year marks the 100th anniversary of the armistice that ended World War I, making this year’s observance particularly significant. We want to take this opportunity to express gratitude to all of those who have served and sacrificed to help protect our freedoms.

We also want to update you on what we’re doing with our affinity group at Citi that supports veterans. As the Co-Leaders of Citi Salutes, we are proud to work with and advocate for the more than 2,000 veterans who work at our company. Citi Salutes focuses on three key priorities to promote an equitable and inclusive culture, which is aligned with Citi’s mission of enabling growth and economic progress.

1. Hire, Promote and Retain More Veterans

Veterans are highly valued members of our diverse culture, and they bring a unique skill-set grounded in character that includes resourcefulness, teamwork, follow through and calm under pressure. Because we’re seeking to hire more veterans at Citi, we’re engaging site leaders, recruiters and hiring managers to attract more veterans to the firm. We’re also working to develop, promote and retain veterans who work here now by creating a supportive culture that provides resources like mentoring and coaching, so they can develop and grow their careers.

2. Engage in the Community

Citi prides itself on being an engaged corporate citizen that has a positive impact on society. We participate in and support a variety of activities that support veterans within the firm as well as in the broader community.

Some of the programs we’re proud to support include:

  • Veterans on Wall Street (VOWS), a program co-founded by Citi, supports career and business opportunities for veterans in the financial services industry.
  • Team Rubicon, a nonprofit organization that mobilizes veterans to provide their expertise alongside first responders to support natural disaster relief efforts, such as after Hurricanes Harvey, Florence and Michael.
  • The Mission Continues, which empowers veterans to adjust to life after the military through community service and impact.
  • City Veterans’ Network, an umbrella group Citi co-founded, brings together veterans networks within financial services firms in the UK to share best practices and support charity organizations in support of those who have served.

3. Support Economic Opportunity

Citi believes all veterans should be able to advance through education and financial inclusion, which is why we are focused on driving economic opportunity.

Citi Community Development (CCD) partners with organizations like the Local Initiatives Support Corporation (LISC) and National Equity Fund (NEF) on the Bring Them Homes Initiative, which provides supportive, transitional and permanent affordable housing for veterans, service members and their families. CCD also supported the development of the Transition App on Military.com that helps prepare military families during the military-to-civilian life transition.

CCD’s partnership with Clearpoint Reconnect supports a financial education curriculum, including online training modules, designed to meet the needs of veterans, their spouses and family members. And Citi collaborates with the Columbia University Center for Veteran Transition and Integration to increase educational programming and support for veterans and military family members making the transition to colleges, graduate and professional schools, civilian life and the workforce.

Citi is dedicated to fostering a supportive environment for veterans – our colleagues as well as in the broader community – to help ensure they have the opportunity to succeed.

Veterans have made tremendous sacrifices to serve their countries. On November 11, a day when veterans are recognized for their dedication, we want to add our voice alongside so many others who express appreciation for their service.

Authored by: Julie Scammahorn, Chief Auditor of Citibank, N.A., Compliance and Anti-Money Laundering; U.S. Marine Corps Veteran and Ed Skyler, Head of Global Public Affairs