RBC Dexia Reviews in Toronto, ON

Updated May 22, 2014
Updated May 22, 2014
53 Reviews
2.6
53 Reviews
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RBC Dexia CEO Doug McGregor
Doug McGregor
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Review Highlights

Pros
  • Compensations are nice and work environment was nice (in 5 reviews)

  • Good work life balance, able to work shift hours so can get in and out early or what ever suits you (in 3 reviews)


Cons
  • it would be nice to see senior management invest in their staff more (in 4 reviews)

  • They tried to outsource all the jobs to Malaysia without getting the OK from the regulator or from the clients (in 2 reviews)

More Highlights

17 Employee Reviews Back to all reviews

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  1.  

    Pretty good experience on a challenging global project, but too many hands steering the ship.

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

    I worked at RBC Dexia as a contractor for more than a year

    Pros

    Strong PMO approach, methodology, etc. Development of standards, templates, processes, auditing etc. were still in progress but on the right track.

    Cons

    The IT teams are very fragmented, making collaboration very challenging. There were too many hands steering the ship on a global project, several changes in the management and operational teams, and a lack of willingness to deal with poor vendor performance.

    Recommends
    Neutral Outlook
    No opinion of CEO
  2.  

    Can seem directionless...

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    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 for more than 3 years

    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 ManagementAdvice

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

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  3.  

    frustrating and demotivating

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    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 for more than a year

    Pros

    good location close to financial core

    Cons

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

    Advice to ManagementAdvice

    needs better vision to manage personnel more humanely

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
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  5.  

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

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    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 for more than 10 years

    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 ManagementAdvice

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

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    RBC Dexia work experience

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

    I worked at RBC Dexia as a contractor for less than a year

    Pros

    senior management leadership skills are not the best

    Cons

    Not worse work life balance

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  7.  

    Company in transition

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

    I worked at RBC Dexia as a contractor for more than a year

    Pros

    The Senior Managers and Directors of the area I was in are professional and approachable. They created an environment that was positive despite the turmoil created by the uncertainty of the future of RBC Dexia in Toronto.

    Cons

    The project was extremely segmented with management in Luxembourg. Communication was spotty at best thus a lot of down time waiting for deliverables from other teams. Team managers were great but project management was terrible.

    Advice to ManagementAdvice

    Should assign Project Managers who have some understanding of the application will be helpful

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  8.  

    Not too many positives.

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

    I worked at RBC Dexia full-time for more than 8 years

    Pros

    Good bunch of people to work with.

    Cons

    - Bad middle management. Most middle management
    - No real industry standard process in place.
    - Promises are made but not kept.
    - Amongst the staff work isn't distributed equally. For e.g. In a group of 20 employees they are only 5 employees who really put in 100%, off the remaining 15, 10 will put in 60% to 70% and the remaining 5 will put in 20% to 40%.. This means the 5 strong employees are carrying the weight/slack of the rest of the team.

    Advice to ManagementAdvice

    Need to hire more qualified manager who are not just people manager but who can also chip in and help out from time to time and understand the business and client needs.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  9.  

    Investment Banker

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

    I worked at RBC Dexia full-time for more than a year

    Pros

    Compensations are nice and work environment was nice. Got to deal with a lot of interesting and fun people and traders. Nice desk and friendly environment

    Cons

    The hours and work times are very bad. Well you are expected to work 12 hours days and usually 7 days a week. I guess everything makes up for the high compensation

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

    Good, but could be better

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

    I have been working at RBC Dexia full-time for more than 3 years

    Pros

    Good people trying to work as best they can with what management empower them with

    Cons

    Poor compensation and recognition and poor empowerment

    Advice to ManagementAdvice

    Encourage more employee initiatives and try to give employees more freedom to work the way they want to.

    Recommends
    Neutral Outlook
    Approves of CEO
  11.  

    Good but no challenging

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

    I worked at RBC Dexia

    Pros

    Work and life balance. People are friendly.

    Cons

    Payment is just so so.

    Advice to ManagementAdvice

    None.

    No opinion of CEO

RBC Dexia Photos

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Three Friends (Photo thanks to Flickr user Reto Fetz, Some Rights Reserved)
RBC Dexia (Toronto, ON) (Photo thanks to Flickr user JasonParis, Some Rights Reserved)

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