There are newer employer reviews for Deutsche Bank
There are newer employer reviews for Deutsche Bank

See Most Recent

Helpful (1)

Great place to start, depending on your managers.

  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Anonymous Employee
Current Employee - Anonymous Employee
Recommends
Neutral Outlook
No opinion of CEO

Pros

You 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.

Cons

Depending 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 Management

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

Other Employee Reviews for Deutsche Bank

  1. Vary

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President - Technology in New York, NY
    Current Employee - Vice President - Technology in New York, NY
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Mobility, opportunity to contribute and make a difference

    Cons

    Tough career prospects, no IT strategy


  2. Helpful (2)

    Unpleasant and not a trustworthy Company

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Assistant Vice President in Jacksonville, FL
    Former Employee - Assistant Vice President in Jacksonville, FL
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Deutsche Bank full-time (More than 8 years)

    Pros

    People for the most part were friendly and nice

    Cons

    Management is all old school and cannot be trusted. They need a major reorg.

    Advice to Management

    Start caring about the people, by providing support which does not exist at this firm. The large turnover rate at this firm is so alrming and management does not care, but to keep the bottom line low. You also do not pay competively for the industry.


There are newer employer reviews for Deutsche Bank
There are newer employer reviews for Deutsche Bank

See Most Recent

Work at Deutsche Bank? Share Your Experiences

Deutsche Bank

 
Click to Rate
or

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