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Trade Support Middle Office

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

I worked at Deutsche Bank

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 ManagementAdvice

- 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

Recommends
Approves of CEO

1221 Other Employee Reviews for Deutsche Bank (View Most Recent)

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  1.  

    Deutsche Bank

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

    I worked at Deutsche Bank

    Pros

    As a bulge bracket bank with a truly global scope, Deutsche Bank is able to compete for high-profile investment banking transactions. The firm is extremely generous with its holiday/compensation packages.

    Cons

    Lack of clarity, on the part of senior management, on the firm's strategy. Promotion guidelines seemed rather arbitrary, and crystallized as a source of discontent amongst employees.

    Advice to ManagementAdvice

    None

    Approves of CEO
  2.  

    great for the pay, not so good environment

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

    I worked at Deutsche Bank

    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 ManagementAdvice

    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.

    Doesn't Recommend
    No opinion of CEO
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