Deutsche Bank

  www.db.com
Work in HR? Unlock Free Profile

Deutsche Bank Reviews

Updated Jul 23, 2014
All Employees Current Employees Only

3.4 1,123 reviews

76% Approve of the CEO

Deutsche Bank Co-Chairmen & CEO Jürgen Fitschen & Anshu Jain

Jürgen Fitschen & Anshu Jain

(269 ratings)

68% of employees recommend this company to a friend

Review Highlights

Pros
  • Good work-life balance and a global footprint help one explore the corners of the world(in 102 reviews)

  • Change is the only constant - a highly dynamic work environment(in 63 reviews)


Cons
  • The work life balance is crap and if you want to transfer between teams forget it(in 40 reviews)

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

1,123 Employee Reviews
in
    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Political and cost cutting environment

    Senior Operations Analyst (Current Employee) Jacksonville, FL

    ProsWork life balance is good, office is close to the beach and Towncenter.

    ConsVery difficult to move locations, training is non-existent and Series License is very difficult to get sponsorship.

    Advice to Senior ManagementPay employees more with bonus packages available for good performance reviews. More management training for senior analyst.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Job security

    Compliance (Current Employee) Jacksonville, FL

    ProsJob security, good benefits, location

    ConsSalary, endless overtime hours with no compensation, unrealistic job expectations

    Advice to Senior ManagementCompensation evaluations should be done, the employees are underpaid for the amount of experience they have and the industry they work in.

    No, I would not recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Culture, politics and red step stop great people getting work done

    Project Manager (Former Employee) London, England (UK)

    ProsGood, hardworking staff and a great compensation package. I had an amazing team who really worked together to try and achieve.

    ConsI was very excited when I got the job offer from DB. That excitement was very short lived. When I arrived I found that interdepartmental politics were taking the lead, and not much work getting done. This is one environment where moral is becoming low, and good staff are not able to get there jobs done.

    Advice to Senior ManagementOffice culture is suffering at the hands of senior Directors and Managing Directors. There is a lot to learn in terms of leadership and how to motivate staff. Impossible to deliver projects, no outlook, no structure, no drive to get things organised. Put the breaks on and re-evaluate.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

  1. We want your feedback – Are these company reviews helpful to you?  Yes | No
    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

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

    Production Support Manager (Current Employee) Jersey City, NJ

    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 Senior ManagementStop changing philosophy before the plans complete.

    Yes, I would recommend this company to a friend

     

    Global organization

    Anonymous Employee (Current Employee)

    ProsLots of exposure with global experience

    ConsComplex organization with many different processes.

    Advice to Senior ManagementNeed better communication.

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Steep learning curve with good exposure

    Associate (Current Employee) Mumbai (India)

    ProsWell discussed compensation, constant growth and exposure opportunities

    ConsHectic work schedule including working on weekends as per requirement

    Advice to Senior ManagementWell charted out leave policy discussed with manager in start of the year

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

     

    not so great environment

    Anonymous Employee (Former Employee)

    Prosgood benefits - longer vacation for associates. 6 months of maternity leave, which is the longest i heard on the street. base salary is competitive. reasonably smart jr. level people.

    Conspoor work life balance, leadership culture is bad. not so knowledgeable Jr. level managers. training was almost zero. not so great bonus. poor internal mobility structure. unresponsive middle level managers.

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities

     

    Good learning but top heavy

    Associate (Current Employee)

    Prossheer breadth of markets and product type that it is involved allows you to learn a lot very quickly.

    Consfirm is top heavy leading to huge political shenanigans and power struggles. the recent clamp down on reducing exposure is hampering multiple deals.

    Advice to Senior Managementmanagement should work to turn around the current upside down pyramid management structure

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Cumbersome

    Project Manager/Business Analyst (Former Employee) New York, NY

    ProsNice Cafeteria. Wall Street Location. Broker/Dealer Trading Desk people were very knowledgeable about the products they trade on a daily basis.

    ConsLack of communication and/or commitment. Rates IT had a very damaged reputation for Not understanding technology, and I couldn't fix that. Everyone afraid to lose their jobs, and won't commit to understanding in-house technology. No SME-Subject Matter Experts. Back stabbing - will take credit for your work, verbal abuses from those less knowledgeable about technology, etc.

    Advice to Senior ManagementSenior Managers should be in charge of the hiring process - Not employees. Employees will NOT Hire qualified people who may pose a threat to their position. Ineffective managers have high turnaround of consultants due to lack of personal insecurity surrounding knowledge-base. DB needs a "Centralized" IT Management Group to ensure individual departments meet criteria "Before" UAT Testing can begin, such as Base-lining and Unit-Testing. These will ensure successful implementation 1st time around, as well as Subject Matter Experts for each in-house proprietary platform in use today.

    No, I would not recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Typical European bank - lots of bureaucracy, can be painful to get things done

    Senior Front Office Developer (Former Employee) London, England (UK)

    ProsSome reasonably strong senior developers, the banks's size means it can invest in infrastructure and areas that smaller shops can't

    ConsPlenty of mediocre people around across all levels. Lots of red tape and processes to get anything done, within Technology, the focus was on pleasing tech management rather than delivering projects for the desk.

    Advice to Senior ManagementIt's understandable that technology goals might not align with short term business goals from the desk, but when this is completely skewed one way, the business relationship suffers and puts desk facing front office teams often in difficult situations.

    No, I would not recommend this company to a friend

Worked for Deutsche Bank? Contribute to the Community!

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