Deutsche Bank Reviews in New York City, NY

Updated September 21, 2014
Updated September 21, 2014
1,193 Reviews
3.3
1,193 Reviews
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Deutsche Bank Co-Chairmen & CEO Jürgen Fitschen & Anshu Jain
Jürgen Fitschen & Anshu Jain
299 Ratings

Review Highlights

Pros
  • Good work-life balance and a global footprint help one explore the corners of the world (in 104 reviews)

  • Change is the only constant - a highly dynamic work environment (in 62 reviews)


Cons
  • The work life balance is crap and if you want to transfer between teams forget it (in 41 reviews)

  • It's very much a grind and long hours and can get quite confrontational (in 45 reviews)

More Highlights

280 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Overall, very positive experience as an intern here (Corporate Banking & Securities) - enjoyed the rotational aspect

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

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

    Pros

    rotational period before finding a full time desk, lots of mentorship opportunities, very respected bank

    Cons

    they run a lean shop and that means every person is doing a lot of work and can be rather stressful at times (even more so than at other banks probably)

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Amazing experience and lots of actions.

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

    I worked at Deutsche Bank full-time for more than 10 years

    Pros

    Lots of people to meet with great opportunity to grow. Visited many offices in the US and all the workers are very friendly and helpful.

    Cons

    So many managements and changes that the support team have a hard time following. Recently assigned team leads are a joke. Instead of mentoring and provide supporting for their team member, they are nothing but manager's puppies.

    Advice to ManagementAdvice

    Recent deskside outsourced management does not not have a clue how to run the business. Please bring back the old management team.

    Recommends
    Positive Outlook
    No opinion of CEO
  3.  

    Cautiously optimistic about the real growth potential

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

    I have been working at Deutsche Bank full-time

    Pros

    great place for emerging talent and to make a name for yourself.

    Cons

    compensation, technology, senior management, too much politics and not enough collaboration

    Advice to ManagementAdvice

    Division heads need to better scrutinize who they have managing their businesses. Corporate politics is detracting from any business taking place as business heads are more concerned about personal gain than focused on growing the business.

    Recommends
    Positive Outlook
    No opinion of CEO
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  5.  

    Good place to work, but a bit slow

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

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

    Pros

    Diverse work force. Great office spaces. Regular work hours and good benefits. Better than average PTO days. You can also take advantage of a number of company sponsored technology or business classes.

    Cons

    For me, working in bank IT is less exciting as working for one of the tech companies in the Silicon Valley. The culture of large investment banks are also less "uplifting" than SV companies.

    Recommends
    Neutral Outlook
  6.  

    NY IT all about cost/headcount cutting

    Former Employee - Anonymous Employee  in  Jersey City, NJ
    Former Employee - Anonymous Employee in Jersey City, NJ

    I worked at Deutsche Bank as a contractor for less than a year

    Pros

    Perhaps if the company / IT org gets turned around.

    Cons

    Observation of a recent contractor and former employee. Bare bones IT headcount while an increase in the amount of IT governance and regulatory policies to be followed. Outsourcing of everything is not always effective. Hard work with a view toward doing the right thing is sometimes overshadowed or trumped by politics and not valued.

    Advice to ManagementAdvice

    You can't create an environment that's all about cost reduction and also say you are (or want to be) an "employer of choice".

  7.  

    Worked on a project. work was challenging but too many heads not pulling together caused difficulties.

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

    I worked at Deutsche Bank as a contractor for more than a year

    Pros

    The culture there is fine and the people were amiable. Typical banking environment - hectic and pressurized, especially trading floor. Nice corporate perks and good location. Was able to expand knowledge and given an opportunity to grow beyond my original parameters.

    Cons

    long hours; at times unrealistic expectations; overly complex procedures just to perform daily necessary tasks.

    Recommends
    No opinion of CEO
  8.  

    Excellent work environment

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

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

    Pros

    Deutsche bank practice equal opportunity in true sense.

    Cons

    Some of system architecture and processes are not best in class. However over last couple of years we have seen significant improvement and Deutsche bank is moving in the right direction

    Approves of CEO
  9.  

    mbs dev

    Current Employee - Anonymous Employee  in  New York, NY
    Current Employee - Anonymous Employee in New York, NY

    I have been working at Deutsche Bank full-time

    Pros

    polyapths, linux, c++, java, intex

    Cons

    bureaucracy, support, inrasturcture, commitment, being on time.

  10.  

    It was great

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

    I worked at Deutsche Bank as a contractor for more than a year

    Pros

    very conducive, friendly, warm, productive, team work and pro/active.

    Cons

    i found very less cons in this company, Yet when it comes to team they can tweak a little more as well.

    Advice to ManagementAdvice

    I am satisfied with the kind of facilities they have provided

  11.  

    Deutsche Bank is a good place to work, with the typical large company problems.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Production Support Manager  in  Jersey City, NJ
    Current Employee - Production Support Manager in Jersey City, NJ

    I have been working at Deutsche Bank full-time for more than 10 years

    Pros

    -Great benefits
    -Flexibility with work/life balance
    -lots of opportunities

    Cons

    -too much "red tape"
    -too many org changes
    -too many long term plans that change mid-stream

    Advice to ManagementAdvice

    Stop changing philosophy before the plans complete.

    Recommends
    Neutral Outlook
    No opinion of CEO

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