Deutsche Bank

  www.deutsche-bank.de
  www.deutsche-bank.de

Deutsche Bank Reviews

Updated December 22, 2014
Updated December 22, 2014
1,303 Reviews
3.2
1,303 Reviews
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Deutsche Bank Co-Chairmen & CEO Jürgen Fitschen & Anshu Jain
Jürgen Fitschen & Anshu Jain
341 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

Employee Reviews

Sort: Popular Rating Date
  1. 1 person found this helpful  

    Excellent place to work, values your contribution and rewards the best performers

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

    I have been working at Deutsche Bank

    Pros

    Learning opportunities, exposure to multiple lines of business and technology

    Cons

    Very difficult to get promoted in technology area, easier for outsiders to get Director/MD level positions. Internal promotions are rare

    Advice to ManagementAdvice

    For D/MD promotion internal candidates should be given equal opportunity, should hire smart IT graduates from TOP schools

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Good exposure to many lines of business

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

    I worked at Deutsche Bank

    Pros

    U can learn a lot with exposure and interaction to many areas of business

    Cons

    Highly political and favoritism environment

    Advice to ManagementAdvice

    Create a system for employee feedback and implement those changes

    Recommends
    Neutral Outlook
    Approves of CEO
  3.  

    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
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5.  

    good employer

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Registered Sales Assistant in Sanford, FL
    Former Employee - Registered Sales Assistant in Sanford, FL

    I worked at Deutsche Bank part-time (less than an year)

    Pros

    friendly working enviroemt close relationship

    Cons

    too strict, less flexible conditions

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  6.  

    Project Manager

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

    I worked at Deutsche Bank

    Pros

    Great exposure to senior management and benefits.

    Cons

    Rigid and to many layers of management

  7.  

    Over worked and under paid

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

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

    Pros

    Great people, very smart managers, room to contribute and add value where you see deficiencies

    Cons

    No clear vision from senior management, lack of communication between teams, low salaries, difficult to get promotions, too many contractors instead of promoting growth from within

    Advice to ManagementAdvice

    Must use words AND actions to set your vision, and in turn enable others to believe and follow

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  8.  

    Stormy times

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

    I worked at Deutsche Bank full-time

    Pros

    DB's people are top-notch and are known to be at the cutting edge of the markets and derivatives. The atmosphere is competitive and aggressive. Compensation is not what is used to be, even for top performers.

    Cons

    The industry changes, including capital requirements, cutting of derivative trading and credit appetite have hit hard at the spots where DB used to excel. Work has become more plain vanilla and commoditized (boring).

    Advice to ManagementAdvice

    Since the upside has been signifincatly taken away, mangement should focus on given more quality of life perks to staff, including more flexible time off, less face time required and educational opportunities.

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

    Decent and professional.

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Deutsche Bank

    Pros

    Very corporate and professional. Great working location in the central area of Jacksonville.

    Cons

    Very difficult to get promoted.

    Advice to ManagementAdvice

    Reward hard work rather than relying on an HR promotion complex formula.

  10. 3 people found this helpful  

    A lot of potential, but the center has a serious identity crisis.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Associate Software Engineer in Cary, NC
    Current Employee - Associate Software Engineer in Cary, NC

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

    Pros

    The people, on an individual level are good. The benefits package meets or exceeds everything in the area (especially on vacation / sick policy). Work from home allowance seems flexible, but appears to be at the discretion of your direct manager.

    Cons

    I was hired under the impression that this was a "Google like" dev workshop, but every time we have a visitor from New York or London, we have to put on suits and ties to pander to our overlords. This center has zero autonomy, and no control over the products we are "in charge" of delivering.

    Advice to ManagementAdvice

    Cut the cord from New York and London. We are perfectly capable of running and developing software well above and beyond the short leash that we've been put on. The politicking needs to end.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  11.  

    Overall, a very good bank to work for

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

    I have been working at Deutsche Bank full-time

    Pros

    Strong league table rankings across all products with healthy deal flow.
    Good opportunities for training and deal experience at all levels.
    Opportunity to get promoted quickly for top performers.

    Cons

    Limited mobility opportunities across business units although this has improved somewhat recently.
    Compensation comparable to other banks for front office roles.

    Advice to ManagementAdvice

    Continue to invest in training & development.

    Recommends
    Positive Outlook
    Approves of CEO

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