Deutsche Bank

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

Deutsche Bank Reviews

Updated November 26, 2014
Updated November 26, 2014
1,268 Reviews
3.2
1,268 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 69 reviews)


Cons
  • No work life balance; morale could go down at times (in 45 reviews)

  • a culture of long hours where they aren't required (in 61 reviews)

More Highlights

Employee Reviews

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

    Design, develop and deliver highly loaded software for compliance and regulatory

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

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

    Pros

    There are a lot of interesting project in scope of high responsibility. You really know what you are doing and for what.

    Cons

    One word is enough to describe contras: politics. Too many department, too much money...

    Recommends
    Positive Outlook
    No opinion of CEO
  2. 2 people found this helpful  

    Great company to advance your skills

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

    I have been working at Deutsche Bank as a contractor (more than an year)

    Pros

    Great company to work at. Worked as a consultant in IT for a year. Pay was in line with market standards. This company is very into their human capital and is committed to career advancement and retaining talent. Direct management very aware of potential challenges within the bank and are quick to focus on avoiding disruption.

    Cons

    This large organization is constantly changing. This often shifts priorities of management and changes objectives to where it is difficult to maintain progress on current projects.

    Advice to ManagementAdvice

    Create consistency in management without reorganizing every few months.

    Recommends
    Positive Outlook
    Approves of CEO
  3. 1 person found this helpful  

    Good Company to work for

    • 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 10 years)

    Pros

    As a global organization, one has the opportunity to work overseas. Room for advancement if willing to put in long hours.

    Cons

    Recent management left a lot to be desired. Lot of office politics.

    Advice to ManagementAdvice

    You have good employees so treat them fairly. Compensation should reflect contribution.

    Recommends
    Positive Outlook
    Approves of CEO
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  5.  

    Good working culture

    Current Employee - Senior ETL Developer in Jersey City, NJ
    Current Employee - Senior ETL Developer in Jersey City, NJ

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

    Pros

    Good working culture and fun place.

    Cons

    Not much benefits and more scratch work

  6.  

    Great place to work but long hours

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Trader in San Francisco, CA
    Current Employee - Trader in San Francisco, CA

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

    Pros

    Great time off policies friendly work atmosphere some travelling benefits which is also a plus. Salary also good with some opportunities for over time.

    Cons

    Sometimes necessary to work unsociable hours I.e start at 5 or 6am and finish at 5 which means you have an 8pm sleep time!

    Recommends
    Neutral Outlook
  7. 4 people found this helpful  

    A complete disaster

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

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

    Pros

    Pay is above average
    Benefits are good

    Cons

    Originally sold as being a banking office but start-up style, the realisation I made a mistake set in promptly during my first team meeting. The team remained mostly silent as the boss told us the scope of the project had been reduced and the remaining tasks were mundane. Over time I recognized this as modus-operandi and it was something I should not complain about if I wanted to get a bonus.

    The center is operated as a number of disparate teams who rarely collaborate. In essence the building is just a cheaper out-post for London, so fear ruled supreme to not upset our anglo-colleagues otherwise it would not go well for us. There was a lot of sucking up to London which meant we had no discernible identity to speak of.

    The ceiling of career potential was very low. Some people were promoted yet their responsibility would always be lower than the London office. Lots of leadership with no authority.

    No training.
    Uncaring senior management who never interacted with us.
    Lots of horse and pony shows when a London honcho came to town.
    Mass hiring, frequent firing. Seat filling is more important than productivty.
    Office is empty at 5:10 most nights - an indicator of lack of interest by all.

    Advice to ManagementAdvice

    Grow some. Stand up to your London managers. Stop hiring to fill seats and concentrate on quality.

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

    Credit Trading

    Former Employee - Credit Trading in New York, NY
    Former Employee - Credit Trading in New York, NY

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

    Pros

    Great atmosphere and work environment. Ability to gain knowledge is completely dependent upon your work ethic and desire to learn.

    Cons

    Slim guidance from upper management. More of a sink or swim environment. If your unable to teach yourself or unable to figure out how, this job is not for you.

  9. 1 person found this helpful  

    good entry level jobs

    • 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

    career development, benefits and culture

    Cons

    big banks can be a bit disorganized

    Recommends
    Positive Outlook
    Approves of CEO
  10. 1 person found this helpful  

    Horrible culture

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Deutsche Bank

    Pros

    Beach location and good weather

    Cons

    Horrible culture, fraternity atmosphere, not smart people

    Advice to ManagementAdvice

    Stop the NY vs. Jax mentality.

  11. 1 person found this helpful  

    Good people, bad programs and no training

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - PWM in Los Angeles, CA
    Current Employee - PWM in Los Angeles, CA

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

    Pros

    Vacation time is generous, not restrictive with corporate card use to entertain clients/prospects, relatively easy to communicate with senior management, great people.

    Cons

    Archaic systems, e.g. LOTUS NOTES!, no training except for analysts who don't deserve or appreciate it, bonuses are subjective. Bankers not held accountable for overspending or not producing results.

    Advice to ManagementAdvice

    TRAIN THE PEOPLE WHO HAVE BEEN LOYAL AND ARE ASKING FOR IT! REWARD LOYALTY AND MERITS WITH MORE COMPENSATION OR YOU WILL CONTINUE TO LOSE GOOD PEOPLE AND HAVE TO REPLACE THEM WITH MORE EXPENSIVE HIRES.
    WHY HIRE OUTSIDERS AND PAY THEM A LOT MORE THAN THE CURRENT EMPLOYEES?

    Recommends
    Positive Outlook
    No opinion of CEO

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