Deutsche Bank Reviews

Updated April 17, 2015
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Employee Reviews

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  1. Review

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Operations Analyst in Jacksonville, FL
    Former Employee - Operations Analyst in Jacksonville, FL

    I worked at Deutsche Bank

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    Good place o work at

    Cons

    Could be better if management wanted to

    Advice to Management

    Be more Employee-centered

  2. It was pleasant

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

    I worked at Deutsche Bank

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    Decent comp
    Smart people working around you
    Diverse work environemnt

    Cons

    Work life balance is not a priority
    Need to adjust to changes in wall st

    Advice to Management

    Pay more attention to happiness of junior employees

  3. Wonderful experience learning and gaining exposure to different businesses

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

    I worked at Deutsche Bank

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    It's an international bank with many brilliant minds to mix with and learn from. World class business

    Cons

    cost-cutting strategic move has dealt much harm to the work force, as many are forced to leave and new hires only find themselves placed in areas far from center.

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


  5. Helpful (1)

    Decent place if you can navigate the red-tape, restructuring and politics

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

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

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Global bank with strong presence in USA, UK, Germany, Singapore.

    Depends on your team but you can achieve a good work-life balance. This place is ideal for middle-aged people who have families and want to go home at a reasonable hour.

    The technology division is very lenient regarding working from home and many really take advantage of this.

    The pay is decent but make sure you negotiate upfront because salary rarely increases unless you are promoted. Unlimited sick days.
    3-4 weeks vacation.

    With mounting regulatory pressures and tough competition, the bank is trying to reduce costs and increase returns for shareholders.

    Cons

    Total compensation (salary + bonus) has remained flat or even gone down for some.

    Promotions, even at the lowest levels, are becoming more difficult to obtain each year.

    Over the past few years, the Bank has implemented many cost cutting measures almost to an extreme (they do not even provide paper cups at the water fountain or coffee machine).

    Healthcare costs have steadily increased unless you go for a high deductible plan.

    Don't bother making business cards since the bank is constantly reorganizing and restructuring. Even though my job description hasn't changed much, my team has been renamed about 6 times in the past 4 years.

    Top talent has left for other banks leaving less intelligent workers behind.

    Advice to Management

    Recognize and reward top talent! Promote from within rather than outside the organization.

  6. Pretty Sweet

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

    I worked at Deutsche Bank

    Doesn't Recommend
    Negative Outlook
    Doesn't Recommend
    Negative Outlook

    Pros

    The diversity of the people is amazing. I always enjoyed hearing Italian, Dutch, German, Spanish, French and other languages when I was at work.

    Cons

    Pay. People. Bonus. Management. Everything that a bank could do right, DB should try to learn from that bank.

    Advice to Management

    Divest Post Bank.

  7. Senior Operations Analyst Deutsche Bank

    • 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

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    Pros

    The will pay for overtime

    Cons

    The hours are long and late

  8. Helpful (8)

    Stampede for the door the day after the bonus checks clear

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

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

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

    Pros

    Salary is well above anything else in the area, plus a fat bonus if you play the game well. Nice office, some of the best and smartest colleagues I've worked with anywhere in the Triangle. The talent here really is amazing. If the Bank would let us, we could be making world class software. Such a shame.

    Cons

    DB is a dinosaur of a company. They are trying to change (or so they say). The story of the Cary center is that the powers that be (London) brought in all these software people who are used to working in a modern software development environment, and they try to run us like it's 1994. Everyone is angling for a bonus, so short-term strategies are prioritized over long-term, leading to a disjointed mess.

    They won't leave us alone to do our jobs. There is no understanding of or appreciation for modern tools and practices or what makes software people tick. We're skinning legacy Java applications in GWT and they're calling it 'sexy'. We have people who would love to be doing really innovative financial applications in modern technologies like Node and Angular. But it'll never happen here.

    Politics. So many politics. The worst I've ever seen anywhere, ever.

    People stick it out for the money but everyone is burnt out, frustrated, and unhappy. People talk openly about interviewing other places.

    Management in Cary are nice but they have no real authority. Lots of empty promises to keep stringing you along until it's too late in the year to leave before bonus time.

    Advice to Management

    London needs to learn how modern software works, or they need to go back to the vendor model and give up on the Cary dream.

  9. Db review

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

    I worked at Deutsche Bank

    Recommends
    Negative Outlook
    No opinion of CEO
    Recommends
    Negative Outlook
    No opinion of CEO

    Pros

    Global bank with offices in every major city. Leading Fixed Income bank. Good training program.

    Cons

    Desks are interested in where you went to college, not what you can do- problem for non-core recruits. The euro is the reference currency, and the EU doesn't have a bright future.

    Advice to Management

    A bank is a bank, and this one will have to answer to the ECB… maybe move HQ to London?

  10. Good

    • 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

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Good work culture
    Excellent work life balance

    Cons

    Nothing much to mention about

  11. so great

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

    I worked at Deutsche Bank

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    I worked in the New York office, great fact paced environment

    Cons

    pay was not great, but you know

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