Deutsche Bank

www.deutsche-bank.de

Deutsche Bank Reviews in Jacksonville, FL

Updated January 26, 2015
Updated January 26, 2015
1,340 Reviews
3.2
1,340 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Deutsche Bank Co-Chairmen & CEO Jürgen Fitschen & Anshu Jain
Jürgen Fitschen & Anshu Jain
350 Ratings

Review Highlights

Pros
  • Good work-life balance and a global footprint help one explore the corners of the world (in 109 reviews)

  • Change is the only constant - a highly dynamic work environment (in 70 reviews)


Cons
  • No work life balance; morale could go down at times (in 47 reviews)

  • a culture of long hours where they aren't required (in 63 reviews)

More Highlights

57 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Internship

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Loan Operation in Jacksonville, FL
    Former Employee - Loan Operation in Jacksonville, FL

    I worked at Deutsche Bank as an intern (less than a year)

    Pros

    Teamwork was great on trying to accomplish tasks in a timely manner.

    Cons

    It would be nice if they have some type of training for interns so that interns can provide greater support

  2.  

    Great culture and opportunities

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Associate in Jacksonville, FL
    Current Employee - Associate in Jacksonville, FL

    I have been working at Deutsche Bank

    Pros

    Flexibility, work independently, great atmosphere and very talented people

    Cons

    Work load can be intense depending on your position

    Recommends
    Positive Outlook
    No opinion of CEO
  3. 1 person found this helpful  

    A wonderful place to work overall

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - IT Project Manager in Jacksonville, FL
    Current Employee - IT Project Manager in Jacksonville, FL

    I have been working at Deutsche Bank full-time (more than 3 years)

    Pros

    Workplace is full of intelligent and dedicated colleagues. Great benefits and opportunities for international business travel and long term assignments. Excellent resume builder.

    Cons

    The Jacksonville site is a cost saving operations center, so there is not as much room for front office or upper managment growth. Management can be short sighted at times. Internal promotions do not always carry a competitive salary increase.

    Recommends
    Neutral Outlook
    Disapproves of CEO
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. 1 person found this helpful  

    DB Sucks

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - GTB AML Surveillance in Jacksonville, FL
    Former Employee - GTB AML Surveillance in Jacksonville, FL

    I worked at Deutsche Bank

    Pros

    Nice vacation package and decent healthcare.

    Cons

    Horrible Management, New York hub constantly disrespects all other hubs, Does not want to pay employees until they leave

    Advice to ManagementAdvice

    Hire better management and listen to some employees.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  6. 1 person found this helpful  

    All in all it's not too bad, but could be a lot better.

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

    I have been working at Deutsche Bank full-time (more than 5 years)

    Pros

    Work/Family balance is the best. Most of the people I work with are great.

    Cons

    Promotions are slim. constant Performance reviews are 100% crap and useless. Managers change so often how can I get a legit review from my manager when it's change 3 times in a year,

    Advice to ManagementAdvice

    Need to promote more within. Stop restricting currently employees from seeking other positions. Management greatly stifles and frowns on trying to go to another position.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  7.  

    Competitive salaries, tough to grow

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

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

    Pros

    Competitive salaries
    Good benefits
    Good lower level work force

    Cons

    Poor management
    Poor systems
    Long hours
    Management does not listen to employees

    Advice to ManagementAdvice

    Listen to your employees. The operational center point belongs to those employees who work on the day to day. Low level managers seem to have little to no clue on the process. Many hours are spent in meeting with a lot of talk, but action needs to take place.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  8. 2 people found this helpful  

    Nearshore Nightmare

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Associate in Jacksonville, FL
    Current Employee - Associate in Jacksonville, FL

    I have been working at Deutsche Bank full-time (more than 5 years)

    Pros

    You get a paycheck and benefits.

    Cons

    The paycheck and benefits are below market. Terrible place to work for educated or experienced professionals.

    Advice to ManagementAdvice

    Upper management and HR are the worst.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  9.  

    Trade Support

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

    I have been working at Deutsche Bank full-time (more than 3 years)

    Pros

    Fun, entertaining, great work people

    Cons

    50 hour weeks, always dealing with dumb people

    Advice to ManagementAdvice

    allow people to grow within the company, provide licenses

    Recommends
    Neutral Outlook
    Approves of CEO
  10. 6 people found this helpful  

    Toxic Environment wouldn't go back even as last resort

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Operations Analyst in Jacksonville, FL
    Former Employee - Senior Operations Analyst in Jacksonville, FL

    I worked at Deutsche Bank full-time (more than a year)

    Pros

    Not one pro to list ...wish I could convert this into more space for cons

    Cons

    Everything about DB is a con

    Management is absolutely horrible and they do not know the process flows or their employees roles and tasks. Reminds me of a sweat shop, they work you till the point of feeling sick. Minimum 60 hour weeks. Jacksonville location likes to bring VP's in from London and eliminate advancement. They come over here and all they care about is production at your expense. They don't care that you have a life or a family.

    AVPs are under qualified and can not help or do anything. In transaction accounting if you ask the management something be ready to get a political I have no idea answer or a wrong answer that you will pay for dearly later.

    Managers like to whisper and gossip about employees and even mock and talk badly about them in front of team members. And if someone quits then they trash talk that person continuously. They blame you for leaving and say it's your fault but yet 80% turn over rate in 12 months tells you there is a problem. Human resources is completely useless they know the issues and do nothing.

    I could go a week and AVPs and VP's that you sit within 10 feet up and they don't acknowledge you or speak to you unless they need or want something.

    Be prepared to do 3-4 person workloads even workloads of higher ranks and not be compensated. I was given a role a pay scale higher with a title change and much more benefits and they told me your getting the job but we can't "promote you" you haven't been here long enough, prove yourself and in 2 years well"promote" you for the role you've been doing.

    This place is toxic and they do not care if you quit they trash you and replace you with someone less qualified.

    If you think your going to get trained your wrong. You will be given broken procedures if you get any and be expected to self train and be expected to make the procedure 100%

    Was told you are aloud to ask questions but you can only ask a specific question one time. If you ask It again your faulted.

    My mid year review was to be done by a deadline in person but they ignored it and texted me at home at 8 pm saying please log in and except your review. I can't leave for vacation until you do. VP's don't even right the reviews they let under qualified AVPs do them with no clue as what to write. I could go on for days but I think you get the picture

    Advice to ManagementAdvice

    Work for you overpaid salary. Get involved and realize there is a major problem in Jacksonville SAS world. It will at some point upset the wrong person and you'll see a lawsuit on your hands. Fix your human resources and make them transparent and trustworthy. Everyone I talk to whether its recruiters or other employers they all laugh when you say I work at DB. And they say can't wait to here your experience....fix your company's integrity.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  11. 2 people found this helpful  

    Just another big bank

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

    I have been working at Deutsche Bank as a contractor (less than a year)

    Pros

    Pay is descent and the company has documentation for some of its processes.

    Cons

    Just like any big bank, the expectation of staying late even when you have nothing to do is necessary.

    Advice to ManagementAdvice

    Make a plan and stick to it. Instead of changing everything on a daily basis.

Work at Deutsche Bank? Share Your Experiences

Deutsche Bank

 
Click to Rate
or

Your response will be removed from the review – this cannot be undone.