Royal Bank of Scotland Reviews

Updated July 29, 2015
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392 Employee Reviews

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  1. Summer IT Intern

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Intern - Summer Analyst in Salt Lake City, UT
    Former Intern - Summer Analyst in Salt Lake City, UT

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

    Doesn't Recommend
    Neutral Outlook
    Doesn't Recommend
    Neutral Outlook

    Pros

    Great networking opportunities. Team was fantastic and fun to work with. They went out of their way to make me feel welcome

    Cons

    The work was really boring and not that exciting. It didn't seem like any of my co-workers enjoyed their jobs


  2. Nice people but down sizing

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

    I have been working at Royal Bank of Scotland

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    They have a Good work life balance

    Cons

    Direction of the company unknown

    Advice to Management

    One word ... Communicate


  3. Senior Java Lead

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - Older Technology in Stamford, CT
    Former Contractor - Older Technology in Stamford, CT

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

    Recommends
    Negative Outlook
    No opinion of CEO
    Recommends
    Negative Outlook
    No opinion of CEO

    Pros

    Great work environment for stimulating employees

    Cons

    Limited control of technical direction and approach

    Advice to Management

    Allow more innovation


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  5. Phenomenal people, but a lack of direction.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Derivatives Analyst
    Current Employee - Derivatives Analyst

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

    Negative Outlook
    Negative Outlook

    Pros

    Excellent pay and benefits. Great people.

    Cons

    All of the good employees constantly get shafted because of the 5% that cause all of the fines and regulatory breaches. No raises for ops (outside of promotion) for 3 years.

    Advice to Management

    Hire less people so you can treat the ones you have more appropriately.


  6. No room for growth or development

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

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

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    Great Work life balance, roles are easy to learn

    Cons

    No room to grow, systems need to be updates


  7. Development Moves to London

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

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

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    A lots of challenging software tasks. New tools of development Good salary

    Cons

    Most of the interesting quant stuff moves from US to London


  8. Good work life balance but no follow thru from senior management

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Loan Administrator in Salt Lake City, UT
    Current Employee - Loan Administrator in Salt Lake City, UT

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

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    They offer a good work life balance, good PTO and a work environment that doesn't put stress on working 50+ hour work weeks.

    Cons

    Senior management never follows thru with ideas or current business plan. They will come out with a new plan for the year and nothing will happen. You will wait month after month for announcements and when they do have an announcement it's so high level you will never see anything come from it.


  9. Days in RBS

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Royal Bank of Scotland full-time

    Recommends
    Approves of CEO
    Recommends
    Approves of CEO

    Pros

    Good Facilities - cafeteria, work area, gym free cabs etc

    Cons

    Like any other captives RBS has an issue with the middle management and vendor population, In some areas Vendors are diluting the work culture.

    Advice to Management

    Managers should be more handon and connected to the employees. Role of HR is not there in RBS - HR should be more active


  10. Helpful (4)

    US presence is in shrink mode

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

    I worked at Royal Bank of Scotland full-time

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    Many of the people in Stamford are very competent and diligent, There is very good Interactions between departments and you can learn new ideas from each area. Stamford has state of the art technology. Work-life balance is very good. There will be long days, but the trade off is management will allow you to work at home every now and then.

    Cons

    As of now the bank in the US overall is still shrinking, so an increase in compensation won't happen for most people. Unfortunately this is the same for career opportunities. Its not clear what plans Senior Management has for the US besides trying to IPO their largest US subsidiary, Citizensbank, and the reduction of personnel on the investment bank side. RBS is 84% owned by the UK Taxpayers, so UK management listens very closely to what the government wants the bank to do. In turn UK management tells the US management what the strategy of the day, month or year will be.

    Advice to Management

    Overall US management is doing everything they can do under the circumstances as their orders come from the UK.


  11. Helpful employees but rigid structure

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

    I worked at Royal Bank of Scotland as a contractor

    Negative Outlook
    No opinion of CEO
    Negative Outlook
    No opinion of CEO

    Pros

    I was pleased that when I wanted to learn about different departments around the bank, all employees I reached out to were happy to help. Training was good also.

    Cons

    The bank lacks the ability to think in novel and innovative ways, which is a problem given that the bank needs to reinvent itself following its restructure. Policies and processes are outdated and it is very difficult to get anything done.



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