Commerzbank Reviews

Updated April 13, 2015
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Employee Reviews

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  1. Is a good place to work depending upon what team you're part of...

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

    I have been working at Commerzbank full-time

    Doesn't Recommend
    Negative Outlook
    Doesn't Recommend
    Negative Outlook

    Pros

    Benefits are great as compared to other companies i've worked

    Cons

    There is no room to advance to other groups in order to learn new skills...

    Advice to Management

    If you want to keep the talent you have in order to better the company it would help increasing salaries or bonuses to reflect the person's work. People can only take so much. Reward loyalty instead of taking advantage...

  2. Pleasant environment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Administrator in New York, NY
    Former Employee - Administrator in New York, NY

    I worked at Commerzbank full-time (More than 5 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    friendly staff makes it easy to come to work and room for growth

    Cons

    dated technology vs. competitors / may take years to be promoted in some areas

    Advice to Management

    promote good employees

  3. Helpful (4)

    Stay as far away as possible

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Human Resources Specialist in New York, NY
    Former Employee - Human Resources Specialist in New York, NY

    I worked at Commerzbank full-time (More than 10 years)

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

    Pros

    - Very little, decent benefits and random employee discounts
    - I was able to get a nice severance package
    - Pre -merger this review would have been different

    Cons

    - Read the news about this place and it's only a matter of time before they shut down the North America operation.
    - Very corrupt and unintelligent management.
    - No work from home.
    - Working with other departments is a hassle
    - If you don't have an english or german accent you will get nowhere

    Advice to Management

    - Don't lie to auditors.
    - You are allowed to accept ideas from other people
    - Don't justify no bonuses when you authorized $400 million to the city of Detroit.

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  5. Good work life balance

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

    I worked at Commerzbank

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    Good work life balance. Smart strategy to develop international business through cross border referrals. Great cross-border, cross-functional communication.

    Cons

    Slow career development. Slow growth rate in Europe.

    Advice to Management

    More training and career development.

  6. No leadership

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY

    I have been working at Commerzbank full-time (More than 10 years)

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

    Pros

    Please let me know if there any

    Cons

    Management decision , no proper communication when it comes to projects

    Advice to Management

    Build revenue, stop laying off people who makes avg. 40-50k and stop hiring more upper management that makes 200k and up

  7. Modern young company

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

    I have been working at Commerzbank as an intern

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Modern professional work environment with many benefits.

    Cons

    I cannot think of any negative facts.

  8. good benefits no carrer advancement

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Assistant Vice President in New York, NY
    Former Employee - Assistant Vice President in New York, NY

    I worked at Commerzbank full-time (More than 5 years)

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    good benefits, good people, good hours

    Cons

    Stressful, no management support, no direction

    Advice to Management

    Value people - best asset

  9. Loved Commerzbank New York before the merger

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - IT in New York, NY
    Former Employee - IT in New York, NY

    I worked at Commerzbank full-time (More than 10 years)

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    Good culture pre-merger, focused on commercial banking. Small branch within a large international bank. Good work/life balance, with opportunities to contribute. Cutting edge technology with top level colleagues.

    Cons

    Post-merger: continuous cost-cutting with continuous change of focus: first investment banking focus buildout, then cross-selling of IB products. Finally, just trying to stay afloat as a US $ center.

    Advice to Management

    Focus on strengths in US market, rather than trying to compete with the bigger IB banks.

  10. Great Place, Great People

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Intern - IT in New York, NY
    Former Intern - IT in New York, NY

    I worked at Commerzbank as an intern (Less than a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    My manager was fantastic. She truly was looking out for my best interest and gave me a lot of responsibility and encouraged me to ask for more if I could handle it. My team was great and helped me whenever I needed their help. The view out of the 2WFC office is amazing as well.

    Cons

    I wish there was a better training program. In addition, I wish HR did more to have the interns connect outside of work. I really cannot complain though because it was a great experience.

    Advice to Management

    Keep up the good work!

  11. During implementation phase of a vendor's application, I had the opportunity to learn about fixed income securities.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Contractor - Business Analyst in New York, NY
    Former Contractor - Business Analyst in New York, NY

    I worked at Commerzbank as a contractor (Less than a year)

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    Knowledgeable people to work with. A lot of the senior managers has been with the firm for over 15 years. You can take a nap during your break at dining area.

    Cons

    Not fast paced environment, a lot of downtime. There is no room for growth or opportunity for personal development.

    Advice to Management

    I believe Commerzbank can bring in more business/client(s) for their New York office, that way they can hire more employees.

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