Royal Bank of Scotland Reviews

Updated April 18, 2015
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  1. Royal Bank of Scotland Analyst

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - RBS Analyst in Salt Lake City, UT
    Current Employee - RBS Analyst in Salt Lake City, UT

    I have been working at Royal Bank of Scotland

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

    Pros

    Office Culture, time-off policies, leadership

    Cons

    Promotion, benefits, company values, perks

    Advice to Management

    Promotion, benefits, company values

  2. Byzantine, bureaucratic, backward, and abominably boring.

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

    I worked at Royal Bank of Scotland

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

    Pros

    They pay on time. They have lots of financial (and therefore other) resources.

    Cons

    The most talented people mostly left in the aftermath of the financial crisis. The folks who are still there a hanging on to earn a paycheck. Internal communication is extremely poor - especially across divisions. Management is ossified. Decision-making is slow; often, no one wants to go out on a limb for fear of being wrong. Their technology stack is irretrievably backward.

    Advice to Management

    Start from scratch. Top management needs to lead. Force divisions to communicate with each other. Throw out your tech stack and start over. Get rid of deadwood - you could axe 50% of staff and no one would notice.

  3. Overall good, and one of the best place to work for once surely.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Software Designer in India, MS
    Current Employee - Senior Software Designer in India, MS

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

    Recommends
    Neutral Outlook
    Recommends
    Neutral Outlook

    Pros

    1- Good environment
    2- Financial Domain
    3- Exposure with business
    4- Technical strong interview, so you get chance to work with good people.
    5- Junior to Senior experience level developers, pretty much every one is individual contributor.

    Cons

    - Non technical management / Manager
    - Many level of managers, spoils gist of technology.
    - Appraisals, and promotions not easy.
    - Too many changes, in management hierarchy .
    - constant loss of business.

    Advice to Management

    To keep organization, sustainable for long term...right people should be promoted rather than personal relationships.

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  5. Senior Java Lead

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Contractor - Older Technology in Stamford, CT
    Former Contractor - Older Technology in Stamford, CT

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

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

    Pros

    Great work environment for stimulating employees

    Cons

    Limited control of technical direction and approach

    Advice to Management

    Allow more innovation

  6. Helpful (1)

    Extremely unpleasant place to work.

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

    I worked at Royal Bank of Scotland

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

    Pros

    Nice cafeteria and chef
    Very nice facilities

    Cons

    Have a lot of people who have been there for a long time who are extremely unpleasant and become riled if you ask questions. New hires beware
    Management behaves unprofessionally
    Little or no bonuses

    Advice to Management

    Need to shake things up in Stamford.

  7. Bad location away from city. Massive departure

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

    I have been working at Royal Bank of Scotland

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

    Pros

    Reasonable hour and benefit, good work life balance, coworkers are nice

    Cons

    Stamford location, hard to attract and retain talent. Massive turnover the past 3 years

  8. I worked at Citizens Bank and really think that the Bank is a great place to work.?

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

    I worked at Royal Bank of Scotland

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

    Pros

    The people are great and it's really a fun bank to work at.

    Cons

    Pay is below the market average.

    Advice to Management

    Increase salaries to market level.

  9. Deception at the top

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

    I worked at Royal Bank of Scotland full-time (more than 8 years)

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

    Pros

    Proximity to housing in Fairfield County

    Cons

    Leadership - no authority in the US to do anything
    Strategy - no ability to enact strategy and no courage to make the right calls
    Business - limited ability to make the bank anything more than weak commercial bank platform
    Talent - leaving as quickly as possible

    Advice to Management

    Retire and move back to Ridgewood, NJ

  10. Phenomenal people, but a lack of direction.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Derivatives Analyst
    Current Employee - Derivatives Analyst

    I have been working at Royal Bank of Scotland full-time (more than a year)

    Negative Outlook
    Negative Outlook

    Pros

    Excellent pay and benefits. Great people.

    Cons

    All of the good employees constantly get shafted because of the 5% that cause all of the fines and regulatory breaches. No raises for ops (outside of promotion) for 3 years.

    Advice to Management

    Hire less people so you can treat the ones you have more appropriately.

  11. Helpful (1)

    Great people, horrible bank with little regard for their employees

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Associate Operations in Stamford, CT
    Current Employee - Associate Operations in Stamford, CT

    I have been working at Royal Bank of Scotland

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

    Pros

    Great people, teamwork, interesting and fun. Beautiful building, lots of amenities that we pay through the roof for. Generous vacation.

    Cons

    Bank is doing so poorly that no one has gotten raises or bonuses in at least five years in the Operations area. Benefits keep getting worse and worse but we pay more and more for them. Constant threat of being laid off due to bank's performance.

    Advice to Management

    Give your employees raises and bonuses. It will greatly improve morale.

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