Royal Bank of Scotland

  www.rbs.com
  www.rbs.com

Royal Bank of Scotland Reviews

Updated October 19, 2014
Updated October 19, 2014
728 Reviews
3.1
728 Reviews
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Royal Bank of Scotland Group Chief Executive Ross McEwan
Ross McEwan
67 Ratings

Review Highlights

Pros
  • Work-life balance is fair and constant monitoring of your growth as an individual here (in 185 reviews)

  • Nice work environment at Stamford CT, state of the art building and work spaces (in 38 reviews)


Cons
  • Work life balance is pathetic for some departments (in 18 reviews)

  • Commute, Poorly managed areas and senior management constantly change gears (in 28 reviews)

More Highlights

210 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    10 Week Summer Internship in a Rotational Sales and Trading Program

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Markets Summer Analyst in Stamford, CT
    Former Employee - Markets Summer Analyst in Stamford, CT

    I worked at Royal Bank of Scotland as an intern (less than an year)

    Pros

    Rotational
    Laid Back
    Self Directed
    Weekly Presentation
    Access to Upper Management
    Culture
    Must be proactive

    Cons

    Many hours (6am-6pm)
    Lack of Direction at times (very independent internship)
    Not much to do besides meeting with traders / miscellaneous projects

    Recommends
    Negative Outlook
    No opinion of CEO
  2.  

    Operations Analyst

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Operations Analyst in Stamford, CT
    Current Employee - Operations Analyst in Stamford, CT

    I have been working at Royal Bank of Scotland full-time (more than an year)

    Pros

    Good culture.. People are willing to help you out. Reasonable hours.

    Cons

    Compesnsation. Location is not in New York City. The firm's reputation in Europe is not good at all and not too much better in the US.

    Recommends
    Neutral Outlook
    No opinion of CEO
  3. 1 person found this helpful  

    Great Pay with Troubled Company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Analyst in Stamford, CT
    Former Employee - Financial Analyst in Stamford, CT

    I worked at Royal Bank of Scotland as a contractor (less than an year)

    Pros

    Great pay, great office (North American HQ), most people are friendly and professional

    Cons

    The future of the Bank is unstable, especially in the US, and layoffs can happen without notice. Most contractors working there are overpaid and do less work than most other positions that pay a fraction of their pay rates. But that's the reality of big banks and why they're great if you have a secure job there

    Advice to ManagementAdvice

    Lighten up on the big spending and poor acquisitions and maybe so many jobs won't be cut

    Recommends
    Negative Outlook
    No opinion of CEO
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  5.  

    Great Work Life Balance, But too Much Focus on Company change, not enough employee retention

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Operations Manager in Taylorsville, UT
    Current Employee - Operations Manager in Taylorsville, UT

    I have been working at Royal Bank of Scotland full-time (more than 3 years)

    Pros

    Utah office - fantastic work life balance, great hours.
    Salary is competitive based on experience
    Great people to work with

    Cons

    There are way too many company initiatives employees are expected to be on board with (without adequate reward). Initiatives are a blatant cost/headcount reduction exercises.
    Not enough employee recognition, development and reward

    Advice to ManagementAdvice

    Reward employees to increase staff retention and morale

    Recommends
    Negative Outlook
    No opinion of CEO
  6.  

    RBS good company

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Royal Bank of Scotland as a contractor

    Pros

    Great corporate benefits Great pay and opportunities
    Good working environment

    Cons

    No work/life balance Long hours

    Approves of CEO
  7.  

    Good place to start

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Royal Bank of Scotland

    Pros

    Day to day is good, work-life balance is a plus,

    Cons

    Constantly donwsizing, restructuring
    Commute to Stamford is not ideal

    Advice to ManagementAdvice

    Consistency and stability would go a long way in satisfying employees

  8.  

    Good

    • Work/Life Balance
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Royal Bank of Scotland full-time (more than an year)

    Pros

    Work-life balance is really good.

    Cons

    They moved to very congested location, which wasted a lot of commute time.

    Recommends
  9.  

    Supportive culture

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Royal Bank of Scotland full-time

    Pros

    Senior managers are approachable. There is mentoring program as well

    Cons

    Sometimes things are slow to be done. And you could not find the person you want.

  10.  

    Excellent US operation hampered by financially troubled parent

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Royal Bank of Scotland full-time (more than an year)

    Pros

    Global name recognition, great benefits, top rated employees

    Cons

    Limited US footprint, not much innovation going on.

    Recommends
    Neutral Outlook
    No opinion of CEO
  11.  

    Review the Associate Position at RBS

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Associate in Houston, TX
    Former Employee - Associate in Houston, TX

    I worked at Royal Bank of Scotland full-time (more than 5 years)

    Pros

    RBS is an internaltional bank that offers opportunities around the world. The bank itself has been through a great deal, but has still committed itself to its products. The working environment there was funa dn friendly. The people at RBS were tremendous.

    Cons

    RBS has been around the industry for many years. Prior to the ABN merger it was regarded as one of the safest banks. However, due to its history many bankers have grown up with the company. Therefore, many bankers have been there for years, and the bank is not top heavy. With the downturn of the economy these bankers have decided to stay on longer. The growth opp at RBS is limited.

    Advice to ManagementAdvice

    Give a better path to your junior staff.

    Recommends
    Neutral Outlook
    No opinion of CEO

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