Royal Bank of Scotland Reviews

Updated April 12, 2015
141 reviews filtered by
  • London, England (UK)
  • Any Job Title
3.0
141 Reviews
Rating Trends
Recommend to a friend
Approve of CEO
Royal Bank of Scotland Group Chief Executive Ross McEwan
Ross McEwan
29 Ratings

141 Employee Reviews

Sort: Popular Rating Date
  1. Good

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

    I worked at Royal Bank of Scotland

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    Pros

    Lots of learning opportunities and great fun

    Cons

    Changed terms for graduate offer

    Advice to Management

    Tell employees where the bank is going with more notice

  2. in house legal role

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

    I worked at Royal Bank of Scotland as a contractor (Less than a year)

    Doesn't Recommend
    Negative Outlook
    Doesn't Recommend
    Negative Outlook

    Pros

    general regulatory experience and good variety

    Cons

    not consistent on work front

    Advice to Management

    organisation

  3. Helpful (1)

    Good employer but struggling with past baggage, large restructure and retraction to being UK centric.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Technical Lead in London, England (UK)
    Current Employee - Technical Lead in London, England (UK)

    I have been working at Royal Bank of Scotland

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

    Pros

    Pay is OK, flexible working and work from home, generally nice people.

    Cons

    Staff are too thinly spread, reliance on offshore resources of varying quality, management - PMs and delivery managers are overworked and imo struggle to do devote enough time to important stuff like people management and career development of their staff, the senior ones are generally invisible.

    Would not really recommend people starting out in IT to come to RBS. Compensation isn't high enough at the managerial level vs senior a/p or tech specialist to justify the extra responsibility. Also, if you want to advance to management and are in the final salary pension, there's a huge disincentive due to the capping in place - you'd need to look at money purchase I believe

    Advice to Management

    See my comments above. Reshuffling jobs and liberal use of buzzwords doesn't impress me ;-)

  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Senior Business Analyst working in Treasury

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

    I have been working at Royal Bank of Scotland full-time (More than 3 years)

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

    Pros

    Let you get on with your work with great training program.

    Cons

    Constant change in management, re-organisation going on every few months but starting to see the light at the end of the tunnel!

  6. Working for RBS Markets and International Banking division

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Vice President in London, England (UK)
    Current Employee - Vice President in London, England (UK)

    I have been working at Royal Bank of Scotland full-time (More than 5 years)

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

    Pros

    - Strong camaraderie amongst the people
    - Working hours fairly relaxed with 8am-5:30pm being the norm for most
    - Colleagues are high caliber always willing to share and invest time educating others
    - Market perception of RBS talent pool remains positive offering strong branding for employees

    Cons

    - Business is contracting from an international platform to a UK retail focused bank with limited scope for career opportunities outside the UK market.
    - UK government ownership continues to weigh on management adding to what is already a highly political organization
    - Limited transparency around vision of the bank and lack of empowerment amongst management
    - Doing deals is hard... Central based Compliance, legal and risk functions dictate the banks willingness to do deals in-spite of strong business justifications. The bank is focused on reducing RWA's, freeing-up capital and reducing risk exposures, making the conventional deal-making process challenging and long-winded
    - No bonus culture at all

    Advice to Management

    - Empower management at divisional level
    - Demonstrate pragmatism around business decisions
    - Provide alternative ways of rewarding employees via career development across products and geographies

  7. Disappointing, lost in the system. With all the reshuffling the HR staff are going and can't keep a track of students.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Intern - Spring and Summer in London, England (UK)
    Current Intern - Spring and Summer in London, England (UK)

    I have been working at Royal Bank of Scotland as an intern

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

    Pros

    People are generally great within all branches of the bank.

    Cons

    You're a very tiny ant in a neglected system.

    Advice to Management

    Look for the value in the interns you're recruiting, I've seen many to fall through the net- whilst HR are busy looking for more.

  8. Performance related pay

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

    I have been working at Royal Bank of Scotland

    Recommends
    Neutral Outlook
    Disapproves of CEO
    Recommends
    Neutral Outlook
    Disapproves of CEO

    Pros

    Good organisation to work for

    Cons

    Reduction in Investment banking operations demonstrates lack of ambition by the senior executive

  9. Helpful (1)

    Great work life balance

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

    I worked at Royal Bank of Scotland

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

    Pros

    A lot of experience, very quickly, as a lot of people have recently left. Great work life balance

    Cons

    Constant restructuring, some amount of red tape, job constantly at risk.

    Advice to Management

    Fire some of the sales heads who can't even use excel

  10. Good work-life balance, great colleagues

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Software Developer in London, England (UK)
    Current Employee - Software Developer in London, England (UK)

    I have been working at Royal Bank of Scotland full-time (More than 8 years)

    Recommends
    Negative Outlook
    No opinion of CEO
    Recommends
    Negative Outlook
    No opinion of CEO

    Pros

    Work life balance is good and most teams work well together rather than be competitive and hinder others work.

    Cons

    To much red tape and upper management are indecisive, often changing strategy and leaving projects half finished.

  11. summer internship

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

    I worked at Royal Bank of Scotland

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    relaxed culture, bank going under a lot of changes and cuts, but the company is still very keen to keep the best talents they could attract

    Cons

    a lot of reputation damage, both from the media and within different markets. Doesn't offer the best compensation or training experience, but they are some very good teams to join

Royal Bank of Scotland Photos

Work at Royal Bank of Scotland? Share Your Experiences

Royal Bank of Scotland

 
Click to Rate
or

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