Commerzbank Reviews

Current Employee – been working at Commerzbank

Pros – Good Benefits, good location, lots of vacation days

Cons – Low paying, no promotion prospects

Advice to Senior Management – Better review process

Former Employee – worked at Commerzbank

Pros – - Work life balance
- Laid back middle management
- Great benefits compared to other banks
- Nice people to work with

Cons – - Incompetent senior management
- Lack of communication from management
- Slow response to crisis
- Useless HR

Advice to Senior Management – Please recuse yourself from the board. Your employees are suffering.

No, I would not recommend this company to a friend

Former Employee – worked at Commerzbank as a contractor for more than a year

Pros – Great bunch of people and good managers who care about your career

Cons – The company could fold or be taken over with massive job cuts resulting

Advice to Senior Management – Take a closer look at mixing the management across business & IT

Yes, I would recommend this company to a friend

Current Employee – been working at Commerzbank full-time for more than 3 years

Pros – work life balanced, satisfactory compensation

Cons – less flexible moving cross department, limited graduate training program.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

Former Employee – worked at Commerzbank full-time for more than 3 years

Pros – Benefits
Pension: 10% + Match employer contribution up to 4%; 18% in total
Life Insurance: 10 years salary for £20 / month

Cons – Friends culture, no meritocracy culture at all even if advertised otherwise

Advice to Senior Management – Make sure people in charge have the right experience/skills and know/understand what they are doing; break the friends

No, I would not recommend this company to a friend

Current Employee – been working at Commerzbank full-time for more than 7 years

Pros – Relax work_life balance
Good reputation
Financial institution

Cons – Salary frozen for nearly 4 years

Former Employee – worked at Commerzbank as an intern for less than a year

Pros – Learning opportunities
Hot deals, interesting pitching work and roadshows
Bright colleagues

Cons – Long working hours: 80 hours +
Average compensation
No help with accomodation

Yes, I would recommend this company to a friend

Former Employee – worked at Commerzbank full-time for more than a year

Pros – Nice benefits, with respect to needs of your family life and your health. Flexible working hours.

Cons – Overwhelming paperwork and procedures, a few disrespectful colleagues and managers, lack of responsibility division.

No, I would not recommend this company to a friend

Current Employee – been working at Commerzbank full-time for more than a year

Pros – The other review seem a little too harsh but I guess it depends on the project you are assigned to.

This is a review for front office in London (investment banking)
- Hard work but reasonable. Nobody stays for dinners/weekend and relaxed env. Typical work hours around 8- 18, more or less depending on the role
- medium sized, big opportunities
- management is good
- good amount of business setup and profitable
- less indoctrination than the other banks. It's a place to work not a religion

Cons – - as every other bank the business is not good now. Don't expect massive bonuses anymore
- medium sized, with the problems associated
- the typical problems of this size and type of organization

Advice to Senior Management – Try to position it so it can open new business when the market recovers

Yes, I would recommend this company to a friend

Former Employee – worked at Commerzbank as an intern for less than a year

Pros – Great learning curve.
Personal initiative is rewarded.
Pleasant work culture.

Cons – Rarely hires straight out of Bachelors (for full-time), i.e. participation in the trainee program is required.