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I worked at Deutsche Bank National Trust full-time for more than 5 years
Pros – 1.) Global presence of the bank provides multiple opportunities for qualified individuals.
2.) Great opportunities to learn and great place to start your career.
3.) A professionally managed work environment.
4).) Good performance management system.
Cons – 1.) Some amount of bureaucratic behavior is evident in administration.
2.) Organizational policies in developing countries does not match those in developed nations.
3.) Global career opportunities are limited to developed nations.Job opportunities in developed nations are not accessible/available for international employees from less developed nations.
Advice to Senior Management – 1.) Should look at providing better career opportunities to employees globally.
2.) Huge amount of segmentation in business processes has its disadvantages which can be lessened by more appropriate structuring based on business performance.
Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company
2012-08-22 15:33 PDT
I have been working at Deutsche Bank National Trust
Pros – Good entry level opportunity to receive exposure to Operations. It does not qualify as IB by any standards whatsoever. Good benefits. There are many bright people who work there and try to develop careers. Good name recognition but limited to IB community.
Cons – It does not qualify as IB by any standards whatsoever. They have very specific processes and clerk-type skills that are non-transferable to another financial institution, i.e. useless. If you are looking to spend the rest of your life in Operations, than this is the way to go... It is next to impossible to get into Front Office from Operations. Management is reluctant to recommend their employees to outside managers to do lateral movements within the company. There is significant amount of office politics and favoritism. Business as usual...
Advice to Senior Management – Management views Jacksonville as a conveyor belt. They transfer jobs from all over the country here, chop them up and send out to India... Well, sooner or later high turnover will stain the bank's reputation. I guess just do the right thing and understand that bottom line is not the only important thing in business. You get exactly what you pay for.
No, I would not recommend this company to a friend
2012-02-08 09:30 PST
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