Deutsche Bank

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

Deutsche Bank Reviews

Updated November 26, 2014
Updated November 26, 2014
1,269 Reviews
3.2
1,269 Reviews
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Deutsche Bank Co-Chairmen & CEO Jürgen Fitschen & Anshu Jain
Jürgen Fitschen & Anshu Jain
330 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.  

    Great

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Deutsche Bank

    Pros

    Best company ever on the street

    Cons

    Nothing much to complain about

    Advice to ManagementAdvice

    More work please!

  2.  

    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
  3.  

    Enjoyed working at DB

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

    I worked at Deutsche Bank full-time (more than 5 years)

    Pros

    Good Work/Life and great people

    Cons

    Difficult to move into other roles

    Recommends
    Neutral Outlook
    Approves of CEO
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  5.  

    Opportunities abound

    • 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 (more than 10 years)

    Pros

    Great opportunities with re-org currently happening. Market leader rather than a follower.

    Cons

    Head office is based in London, can be political place

    Advice to ManagementAdvice

    Value current employers and consider importance of a globally diverse location group of employees

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    Positive

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

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

    Pros

    Great people, happy environment, lots of variety

    Cons

    Long hours, poor balance, stressful workload

    Advice to ManagementAdvice

    Better career path, better feedback

    Recommends
    Neutral Outlook
    No opinion of CEO
  7.  

    Easy on career, better work-life balance

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Assistant Vice President - Technology in Cary, NC
    Former Employee - Assistant Vice President - Technology in Cary, NC

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

    Pros

    DBGT has great benefits packages, reasonable pay packages.
    The team I worked with in Cary was great.

    Work hours were relatively manageable.

    Cons

    There are not enough resources for self learning. Very few CBTs available.
    Relatively few trainings held in classroom as well, other than the ones pushed down from management.
    DBGT is a separate legal entity - meant for software development for the bank. Downside, it got disconnected from the business and employees lack exposure to business knowledge and requirements, yet the organisation as a whole is just as regulated as the business, coz its still a bank. Makes it extremely hard to actually work and get ahead in your career. I have tried networking extremely well across the organisation, but DBGT has too many strategic issues, leading to a lot of internal politics to fight against, to get anything done.

    Advice to ManagementAdvice

    Understand the impact of strategy to the people and business:
    ex: Moving jobs from London and NJ to Cary - and then hiring people in Cary to report to managers in NJ and London - caused complete disharmony and a conflict of interest among teams. This impacted deliveries across the board.

    Too many vendors - Lead to lack of accountability and the piecing together of ridiculous SLAs across all teams.

    Recommends
    Neutral Outlook
    Approves of CEO
  8.  

    Mehh is how I would describe it

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

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

    Pros

    Somewhat interesting systems
    Some enthusiastic people

    Cons

    Been here for far too long and seen seven senior managment changes each with their own idea on how to make IT more efficient, sometimes in conflict with the previous decision
    The graduate programme once the pride of this bank has been reduced to accepting the bottom of the barrell. Students with horrible GPAs and a complete lack of self awareness somehow get a job here

    Advice to ManagementAdvice

    Pay more attention to the hiring process
    Stop with the constant organisation changes

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  9.  

    Friendly and inviting team, open to asking questions

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

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

    Pros

    Very willing to help new interns learn

    Cons

    Disorganized/Unprofessional HR department - did not distribute full time offers in a timely or even manner.

    Recommends
    Neutral Outlook
    Approves of CEO
  10.  

    Cary and DB just ok

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

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

    Pros

    Money is very good, Most managers leave you to do your work, environment is nice and improving

    Cons

    All decisions made in London, No governance in IT, Lines of business do what ever they want regardless of IT strategy, cost or regulation.

    Advice to ManagementAdvice

    Give teams in Cary authority to make decisions. Move IT work out of the three most expensive cities in the world.

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

    Associate regulatory reporting

    • 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 as a contractor

    Pros

    Self paced for the most part, but there are deadlines

    Cons

    Training is not good and too many systems

    Recommends
    Neutral Outlook
    No opinion of CEO

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