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Helpful (2)

Trade Support Middle Office

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

I worked at Deutsche Bank

Recommends
Approves of CEO
Recommends
Approves of CEO

Pros

- Advancement is based on meritocracy. - Benefits are among the best of it's competitors. - Compensation is based on performance. High performers are paid well. Low performers are not.

Cons

- The internal HR recruiting is not great which makes moving between different groups at DB dependent on individuals but this has improved over the past couple of years - Promotions can be very political as committees comprised of senior managers outside of evaluatee's organization are part of the process

Advice to Management

- Better internal HR website to make openings within the bank more transparent and to promote movement internally - Make 360 feedback (staff rate their managers) mandatory. The most common reason people leave their position is because of their manager

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  1. great for the pay, not so good environment

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

    I worked at Deutsche Bank

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

    Pros

    the pay is great sometimes the prestige of the name is a good thing, although personally that doesn't give me any satisfaction

    Cons

    they have been restructuring some business lines and there is very poor communication from senior management to employees about the changes and how they will be affected. people are generally unfriendly and scheming to do anything they could to advance themselves. i guess this is a given for ibanking

    Advice to Management

    communicate, communicate and communicate! employees want to know what's going on at the top, especially when it will affect their work content and colleagues.


  2. Helpful (1)

    a okay investment bank to work in

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY

    I have been working at Deutsche Bank

    Doesn't Recommend
    Approves of CEO
    Doesn't Recommend
    Approves of CEO

    Pros

    more conservative than American banks, so less likely it will go bankrupt. Management is solid, benefit is ok as well

    Cons

    pay is not top, but is ok considering it's a European bank, very very hard to move inside the bank, i.e. change functions culture is not very exciting, hey, it's German

    Advice to Management

    Be more aggressive in terms of expanding business and finding opportunities, also be aggressive of retaining best talents, make certain restrictions loose, so that people can be freed to create value.


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

See Most Recent

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