Royal Bank of Scotland Reviews

Updated March 31, 2015
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3.1
307 Reviews
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Royal Bank of Scotland Group Chief Executive Ross McEwan
Ross McEwan
144 Ratings

307 Employee Reviews

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  1. Great learning opportunities, exposure to major restructuring projects

    • 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

    Pros

    Good network of helpful colleagues, many learning opportunities, salary benchmarks with other major banks

    Cons

    Bureaucratic company, should be more quick and responsive, it perhaps needs fresh leadership

    Recommends
    Positive Outlook
  2. kwesiga nicholas worked as co-opreative manager

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Accountant in Newyork, Scotland (UK)
    Current Employee - Accountant in Newyork, Scotland (UK)

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

    Pros

    exploit my resources and face abroad the working environment

    Cons

    so interesting to share the working experience

    Advice to ManagementAdvice

    coo-operation and being innovative and creative to increase the market share

    Recommends
    Positive Outlook
  3. 2 people found this helpful

    Management Operation.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Operations Management Trainee in Manchester, England (UK)
    Former Employee - Operations Management Trainee in Manchester, England (UK)

    I worked at Royal Bank of Scotland

    Pros

    Great working environment, supportive senior staff and good training programmes.

    Cons

    Too much competition undervalue competition and many unrecognized efforts.

    Advice to ManagementAdvice

    Recommend.

    Recommends
    Positive Outlook
    Approves of CEO
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  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)

    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!

    Recommends
    Positive Outlook
    Approves of CEO
  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)

    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 ManagementAdvice

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

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  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

    Pros

    People are generally great within all branches of the bank.

    Cons

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

    Advice to ManagementAdvice

    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.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  8. 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)

    Pros

    general regulatory experience and good variety

    Cons

    not consistent on work front

    Advice to ManagementAdvice

    organisation

    Doesn't Recommend
    Negative Outlook
  9. A lovely learning experience with outstanding professionals and experts in theyr field

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Royal Bank of Scotland

    Pros

    Culture, clients, attitude twords clients, employees

    Cons

    Instability, no long term thinking

    Advice to ManagementAdvice

    Should actually plan long term

  10. 1 person found this helpful

    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

    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 ManagementAdvice

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

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  11. Went very sour after great start

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - FPM in Aberdeen, Scotland (UK)
    Former Employee - FPM in Aberdeen, Scotland (UK)

    I worked at Royal Bank of Scotland

    Pros

    Great team and helpful friends

    Cons

    Very poor managers with no idea of policies

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

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