RBC Dexia Reviews

Updated May 15, 2015
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RBC Dexia CEO Doug McGregor
Doug McGregor
1 Rating

52 Employee Reviews

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  1. Good Place to begin Career...

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

    I have been working at RBC Dexia

    No opinion of CEO
    No opinion of CEO

    Pros

    The people are good to work with. Lot's of industry experience and willingness to train and teach Junior Staff. Work environment pace very fast.

    Cons

    Limited upward promotability. Unable to advance as area always looking to outsiders to bring in expertise. Once bitten / twice shy / three strikes and I was out...

    Advice to Management

    Office is small, opportunities limited. Noticed lots of externals coming into organization into Senior positions. A little un-motivating as you don't want to try hard to work due to lack of recognition


  2. Credit Risk

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

    I worked at RBC Dexia

    Pros

    Great people, everyone is friendly and willing to help
    Not political, people are not cutthroat
    Learn a lot from different managers is often a prime target f

    Cons

    Most of the work is back office, and may lack upward mobility in the company. However, definitely a great company to work for and learn from.

    Advice to Management

    Reward employees based on their performance, not how long they have worked at the company.


  3. Manager

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

    I worked at RBC Dexia

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

    Pros

    Part of a strong Canadian Bank
    Large custody franchise in Luxembourg and North America
    Good basic salary

    Cons

    Very poor management
    Poor systems
    Poor reward and incentive schemes
    All decisions made from Toronto, very little management autonomy

    Advice to Management

    Needs to consolidated and sold to one of the other major custodian banks such as JPM or BNY. As a standalone, it offers very little to both employees and clients alike.


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  5. OK to join, but research well & balance your needs/priorities prior!

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

    I worked at RBC Dexia full-time (More than 3 years)

    Recommends
    Neutral Outlook
    Recommends
    Neutral Outlook

    Pros

    Cordial work environment. Colleagues are generally professional, no back-stabbing, but with varied work experiences and backgrounds. Generally localised. Able to maintain work-life balance. OK for people seeking balanced life, secure environment. Pantry fairly good / drinks (employee welfare)

    Cons

    Promotions from within were slow and generally pay incremental is minimal, or did not have any (due to Euro zone recovery). Jobs were made redundant.

    Advice to Management

    Transparency to employees. Employees motivation. Soft perks ( activities / pantry) to keep staff well motivated & productive. Mobility within bank.


  6. Good

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Securities Analyst in London, England (UK)
    Former Employee - Securities Analyst in London, England (UK)

    I worked at RBC Dexia full-time (More than a year)

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

    Pros

    Professional work environment, good compensation, worked with very good team members and learned a lot from each of them

    Cons

    Sometimes there's a feeling of a culture of excess, would've liked more opportunities for professional development, the management just does their own thing and didn't listen to suggestions

    Advice to Management

    Focus more on professional development


  7. I loved working at RBC Dexia but should never have transferred internally.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Administrator in Dublin, Dublin (Ireland)
    Former Employee - Senior Administrator in Dublin, Dublin (Ireland)

    I worked at RBC Dexia full-time (More than a year)

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

    Pros

    Everyone very friendly and chatty. Nicest place I've ever worked.
    Good perk was getting a bus pass free and clear as a benefit.
    Good bonus.
    Employees did a lot of socialising together and there was a committee to arrange staff nights out. Met my husband at one of them!
    Once I was trained I was let do my job without interference, but the support was there when I needed help.

    Cons

    I switched from TA to Fund Accounting - huge mistake - FA very boring job, no client interaction. Mostly priniting off massive reports and ticking thru them ALL day. I thought a change would be as good as a holiday but I was very wrong, had to leave the company to get out of FA. (Was too embarrassed to ask for another transfer).
    Interview process was a bit too casual, got the sense that they were asking certain questions out of habit and not listening to answers. I suppose I shouldn't really complain since they hired me.

    Advice to Management

    Give some variety or some more interaction to the poor Fund Accountants- very high turnover in that department.
    Keep doing what you're doing otherwise, RBC Dexia is a lovely place to work.


  8. Can seem directionless...

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Technical Systems Analyst in Toronto, ON (Canada)
    Former Employee - Technical Systems Analyst in Toronto, ON (Canada)

    I worked at RBC Dexia full-time (More than 3 years)

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

    Pros

    The groups are relatively small which means you get to know your team and in most instances Senior Managers relatively easily

    Cons

    Uncoordinated efforts and mismanagement in general leads to a lot of wasted effort and underutilized staff

    Advice to Management

    Streamline and focus on strategic initiatives and have your managers utilize staff better ensuring they are recognized for their work


  9. frustrating and demotivating

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Business Analyst in Toronto, ON (Canada)
    Former Employee - Senior Business Analyst in Toronto, ON (Canada)

    I worked at RBC Dexia full-time (More than a year)

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

    Pros

    good location close to financial core

    Cons

    Disorganized management, excessive meetings, poor vision, exploitive managerial techniques, unhappy staff

    Advice to Management

    needs better vision to manage personnel more humanely


  10. Great bunch of employees, terrible management (most of them are gone now)

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Manager in Toronto, ON (Canada)
    Current Employee - Senior Manager in Toronto, ON (Canada)

    I have been working at RBC Dexia full-time (More than 10 years)

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

    Pros

    Under the old management, spending was out of control, no clear direction

    Now under RBC, it's integration pain, but should be much better with RBC management

    Cons

    Job loss, Treatment of RBC Dexia employees

    Advice to Management

    Whoever you are keeping, treat them well, not differently than other RBC employees


  11. Good people, dying company

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Technical Analyst in Sydney (Australia)
    Former Employee - Senior Technical Analyst in Sydney (Australia)

    I worked at RBC Dexia full-time (More than 3 years)

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

    Pros

    Good people in some areas. Others are very self-serving and will try to palm off work to other areas and avoid any liability for mistakes or deliverables.

    Cons

    Poorly paid. Not growing. Management seems intent in cutting off their nose to spite their face. A lack of investment in employees nd off-shoring is the wrong focus for client service and attracting new clients.

    Advice to Management

    Instead of sending roles overseas find some salespeople that can win new business.



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