Commerzbank Reviews

Pros

- interesting Colleagues with wide range of interests who are passionate about their jobs
- friendly atmosphere (depends who you work for though)
- steep learning curve
- always new things to learn, never gets boring
- does mainly socially useful business that keeps other companies from going bust

Cons

- sometimes rather slow decision making

Advice to Senior Management

hire more arts graduates, they have better ideas and are more creative.

Pros

Great recognition, nice salary, overally nice experience working with their subsidiary BRE Bank. There is a multitude of interesting projects.

Cons

The salary could be better, the advancement opportunities could also have been more significant. But the overal experience is positive.

Pros

work life balance
9 to 5 is totally ok
good salary for whats demanded, no over hours expected
no competitive environment, low stress level

Cons

enthusiasm and motivation is not appreciated
team spirit - what´s that?
low corporate culture, very old fashioned, not innovative
a lot of frustrated employees
no career opportunities
flat learning curve

Pros

The people at Commerzbank are really nice. The environment is great to work in. A lot of opportunity to learn

Cons

New York Office is just a branch therefore it isn't as big as other investment banks-this is good and bad.

Advice to Senior Management

Diversify the type of people in manager positions.

Pros

The people there were nice. They do not pay a ton, but it was an ok experience. I do not regret it.

Cons

As I already said. I did not really do it for the money. So that means the money was just ok.

Advice to Senior Management

Before you move (If you are moving there.) make sure where you live. I mean if you are renting make sure you are in a good area.

Pros

- great support from supervisors
- colleagues are willing to share experience
- if you do a good job, you will get more responsibilities

Cons

- HR support could be better (mentor changed often)

Pros

Flexibility in work hours
Steady job

Cons

Not willing to change
Lots of politics at high level causes disruptions everywhere

Pros

- for juniors good way to get a lower team job in the Commerzbank later
- good for tired consultants who like Frankfurt and don't want extensive travel anymore
- some really bright colleagues, but they don't stay long

Cons

- CEO is tired, slow in understanding and highly political
- Some partners give the impression of engagement on a tchacatchaca basis, but fail to deliver intellectual convincing ideas or results
- was a good place two years ago with some strategic projects, even internationally, now more body leasing, project office, IT related and workbench for the bank
- image in the bank has gone to the negative side

Advice to Senior Management

- try to develop and sell projects
- try to find projects that interest the majority of consultants
- hire more consultants not specialists to avoid body leasing

Pros

Very nice people. Good work life balance.

Cons

The acquisition of Eurohypo and Dresdner combined with the economic downturn and the financial crisis have resulted in complicated challenges. CB is 25% owned by the German government.

Pros

Learning opportunities, great benefits, bonuses, telecommuting

Cons

too many jobs for one person, micromanagement, working with people that don't know what they're doing, pitiful bonuses and no raises in last couple of years, the limiting of telecommuting in recent months

Advice to Senior Management

There are other jobs out there and your good employees are leaving you. You cannot expect to compete if you don't have good employees. Implement telecommuting again; why have you decided to go backwards?