Deutsche Bank CIB Reviews

Updated September 1, 2015
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3.2
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Deutsche Bank CIB Co-CEO Jürgen Fitschen
Jürgen Fitschen
14 Ratings

Pros
  • The work life balance here is good (in 3 reviews)

  • In-depth analysis of financial markets (in 3 reviews)

Cons
  • Mumbai office CIB is a back office - no client interaction allowed, no advancement in work role for 3-5 years, terrible work life balance with no glory (in 3 reviews)

  • Highly political environment: pick mentor(s) who are well-regarded and know their way around the organization (in 3 reviews)

More Pros and Cons

78 Employee Reviews

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  1. Not a bad job

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Analyst in Cary, NC
    Current Employee - Analyst in Cary, NC
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at Deutsche Bank CIB full-time (More than a year)

    Pros

    Like working here at DB with a close-knit team.

    Cons

    Organization can be a bit bureaucratic at times.


  2. Associate

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

    I have been working at Deutsche Bank CIB (More than 5 years)

    Pros

    Good creativity and mobility with decent pay

    Cons

    Lack of vision, too much politics at top


  3. Vice President

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Jersey City, NJ
    Current Employee - Anonymous Employee in Jersey City, NJ
    Doesn't Recommend
    Neutral Outlook

    I have been working at Deutsche Bank CIB full-time (More than 10 years)

    Pros

    Work with great people that are extremely knowledgeable. Plenty of bank holidays and great vacation time

    Cons

    Poor review and compensation programs. Two raises over 15 years and declining bonuses.

    Advice to Management

    Taking better care of your staff will result in reduced turn over, reduced operating risk and increased client satisfaction.


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  5. This company keeps talent

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Technical Specialist in Cary, NC
    Current Employee - Technical Specialist in Cary, NC
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at Deutsche Bank CIB full-time (More than a year)

    Pros

    Highly competitive and great work life balance

    Cons

    No cons at this time


  6. Helpful (3)

    OK at first

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous in Jacksonville, FL
    Former Employee - Anonymous in Jacksonville, FL
    Doesn't Recommend
    Negative Outlook

    I worked at Deutsche Bank CIB (More than 3 years)

    Pros

    Brilliant group of people, strong culture and diversity. Mostly everyone had an mba, phD, licenses. Lots of intellectual capital there. 20 vacation days. Small relocation bonus. Some opportunity for working remotely.

    Cons

    What good are all those days if you can never take them? They promise 20% bonuses to entice you to relocate there, since there is next to NO talent in Jacksonville. Then you get a 3% bonus. Don't fall for it. Disorganized management at the upper levels. No opportunity for advancement. Bosses are indifferent to your efforts. No adequate direction in how to do your job so your efforts are wasted when you do your job and bosses make you start all over due to a new rule. Lots of politics and some annoyingly nosy team members. LOTS of turnover be it doesn't take long for the smarter people to realize morale sucks and leave.

    Advice to Management

    Top level down reorganization would be a good idea. Middle managers need to help their people advance, not encourage stagnation. Some directors are NOT qualified to be directors.


  7. Growing technology company

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Assistant Vice President, Applications Developer in Cary, NC
    Current Employee - Assistant Vice President, Applications Developer in Cary, NC
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at Deutsche Bank CIB full-time

    Pros

    Awesome benefits! Great pay! The Cary location is really investing in creating a community. There are employee engagement groups that work hard to make this a great place to work! I am working in cutting edge technologies and the company seems to want to invest in their employees and in employee retention. The office space is very nice including an onsite cafe and gym.

    Cons

    There is less flexibility than in most tech companies I have worked for. At the Cary location, you can work from home on occasion, when necessary, but most people are in the office most days. It is a bank. As should be expected, there are security and process requirements that can impede your job efficiency.

    Advice to Management

    More work from home flexibility would be nice.


  8. Nice place to work

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Assistant Vice President in Jersey City, NJ
    Current Employee - Assistant Vice President in Jersey City, NJ
    Recommends
    Neutral Outlook

    I have been working at Deutsche Bank CIB full-time (More than 10 years)

    Pros

    Flexible schedule, good benefits, many opportunities to change roles.

    Cons

    Bonuses areally way down from 2011.


  9. Comfortable but slow

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Neutral Outlook

    Pros

    Smart people low stress good location

    Cons

    Red tape slow technology adoption


  10. I have been at DB for 9 years.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President Equities in New York, NY
    Current Employee - Vice President Equities in New York, NY
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at Deutsche Bank CIB full-time (More than 8 years)

    Pros

    The people are nice for the most part. Good work life balance.

    Cons

    Technology is horrible. They have a poor infrastructure and don't seem to want to fix it. Comp is terrible and they don't give raises. So what u make coming in will be what u make when u leave.

    Advice to Management

    Take care of the people that make a difference. DB has become a revolving door and senior management doesn't seem to have a clue. Spend on technology and you will see the benefits in every other area. The firm seems to be penny wise and pound foolish. DB spends a ton of money to bring in consulting firms to analyze what's wrong and if the just listened to their employees they would know what is wrong. Very top heavy and too many chiefs and not enough indians.


  11. Helpful (1)

    Very silo thinking approach. Information sharing is limited. To many management changes and political red tape.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Vice President - Technology in Jacksonville Beach, FL
    Former Employee - Vice President - Technology in Jacksonville Beach, FL
    Doesn't Recommend
    Negative Outlook

    I worked at Deutsche Bank CIB (More than 3 years)

    Pros

    Close to home. Paycheck on time.

    Cons

    Promise new employees that the next level will be achievable; however, this does not happen. No metrics in place to achieve those results. No work life balance. All good employees leaving, and constant turn over. Sr. Management don't communicate effectively; manage by scare tactics. Also for minorities, very limited career potentials.

    Advice to Management

    Bring in managers who have worked their way up locally and not from thee regions of the world.



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