Deutsche Bank
3.4 of 5 1,028 reviews
www.db.com Frankfurt, Germany 5000+ Employees

1028 Employee Reviews (View Most Recent)

Sort all reviews by: Date Rating
in
  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • No Opinion of CEO

1 person found this helpful  

Great place to start, depending on your managers.

Anonymous Employee (Current Employee)

I have been working at Deutsche Bank

ProsYou can learn a lot of skills quickly if you put in your own effort.

Most coworkers are friendly and supportive.

They'll hire just about anybody to do basic analyst roles (including former kindergarten teachers).

Good managers will watch out for you and give you clear assessments of your success and failures.

Depending on your role, you may have great work/life balance (40-42 hr/week) or you might work much longer hours regularly (45-55 hr/week).

Pretty easy to take days off.

Even with cons, it is still a worthwhile company, and has the potential to improve tremendously.

Depending on your role, it can be pretty relaxing.

ConsDepending on your role, it can be very stressful.

The company is not kind to whistleblowers or people who raise legitimate issues with business practices and ethics.

Unsurprisingly, management and advancement is seniority-based, despite assertions that to the contrary of the environment being a 'meritocracy'.

Horrific technology - they desperately need to update their technology. The current cost-cutting environment does not encourage investment in technology. It takes weeks to months to get access to systems. All employees have this problem, some worse than others. If you need new systems or applications, even critical ones, it still takes weeks or months.Tech support is labyrinthine. Submitting tickets to be updated is difficult, and most employees give up or put off fixes because of frustration with the system (most of the tech support is run out of Indian call centers, which is hit or miss - use local IT whenever possible).

The turnover here is high. Leaving the bank is on most people's minds, even if not said aloud. "Sinking ship" is a phrase used frequently used. The people who enjoy working here tend to feel that way because it is not as bad or stressful as other jobs in the banking industry (ex. Bank of America, Merrill-Lynch) or other industries (ex-military).

Advice to Senior ManagementInvest in better technology. Improve tech support ticket system for ease of use. Ethics should be a higher consideration. There is great potential for improvement.

Yes, I would recommend this company to a friend

Was this review helpful?
Yes | No
Add Employer Response Flag Review

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

 

Vary

Vice President - Technology (Current Employee)
New York, NY

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


Pros: Mobility, opportunity to contribute and make a difference Cons: Tough career prospects, no IT strategy Yes, I would recommend this company to a friend More

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

 

Sales Support - Asset Management, limited opportunity for growth, ineffective departmental management

Sales Assistant (Former Employee)
New York, NY

I worked at Deutsche Bank full-time for more than a year


Pros: Good work/life balance, rarely worked late or from home, opportunities… Cons: Fear-based culture, peers are afraid to point out errors or recommend process improvements, hard work is not rewarded, environment is too casual for those with… Advice to Senior Management: My manager was afraid of his manager, there was little opportunity to change ineffective policies… No, I would not recommend this company to a friend More

There are newer reviews on Deutsche Bank.

Worked for Deutsche Bank? Contribute to the Community!

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

Glassdoor is your free inside look at Deutsche Bank reviews and ratings — including employee satisfaction and approval rating for Deutsche Bank CEO Jürgen Fitschen & Anshu Jain. All reviews posted anonymously by Deutsche Bank employees.