Royal Bank of Scotland Reviews

Updated April 24, 2015
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2.6
137 Reviews
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Royal Bank of Scotland Group Chief Executive Ross McEwan
Ross McEwan
20 Ratings

137 Employee Reviews

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  1. Awesome

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

    I have been working at Royal Bank of Scotland as a contractor (Less than a year)

    Recommends
    Neutral Outlook
    Recommends
    Neutral Outlook

    Pros

    Amazing environment at Stamford, CT location, great people, uplifting environment and extremely supportive managers

    Cons

    Bank is not doing too good, so lot of budget cuts.

    Advice to Management

    none

  2. Was Outstanding...

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

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

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

    Pros

    ...prior to the government takeover. My review is based on that timeframe, which I understand is very different from now. Excellent pay and bonuses. Managers that had reasonable expectations and looked out for their employees. Allowed a lot of latitude to do the job as seen best fit. The very best earned promotions, the average kept their jobs, the worst got removed- just the way it should be. Outstanding benefits even compared to peer group.

    Cons

    Upper management all in the UK, which meant USA employees sometimes felt left out. Missteps by a few cost a lot of people money and jobs.

    Advice to Management

    Things are different from when I was there so no comment.

  3. A long, varied and rewarding career.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Director, International Treasury Sales in Houston, TX
    Current Employee - Director, International Treasury Sales in Houston, TX

    I have been working at Royal Bank of Scotland full-time (More than 10 years)

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

    Pros

    Variety, opportunity, team, experience, mobility

    Cons

    downsize, reduction, total comp, leadership, autonomy

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  5. It was a great environment

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

    Pros

    The people are the best. Really smart. Hilarious!

    Cons

    Too often a new manager takes over a department and needs to make his/her mark by changing things. If isn't broke - don't fix it.

    Advice to Management

    Do what you have to do - you owe the UK taxpayer.

  6. Good

    • 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 full-time

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

    Pros

    Wlb is good... Great facilities...

    Cons

    Compensation is the main drawback...

  7. The Bank offered an opportunity to work on a global team

    • 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 full-time

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

    Pros

    Staff is very dedicated, friendly group

    Cons

    The US footprint in the US is shrinking

    Advice to Management

    Expand rather than shrink their global footprint

  8. 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.

  9. 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.

  10. Had a wonderful experience working with diverse set of people trying to turn-around the bank

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Royal Bank of Scotland full-time

    Approves of CEO
    Approves of CEO

    Pros

    Top management is working hard to change the culture

    Cons

    Too big - Bureaucratic; however, the top management is trying hard to change this.

  11. 10 Week Summer Internship in a Rotational Sales and Trading Program

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Intern - Markets Summer Analyst in Stamford, CT
    Former Intern - Markets Summer Analyst in Stamford, CT

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

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

    Pros

    Rotational
    Laid Back
    Self Directed
    Weekly Presentation
    Access to Upper Management
    Culture
    Must be proactive

    Cons

    Many hours (6am-6pm)
    Lack of Direction at times (very independent internship)
    Not much to do besides meeting with traders / miscellaneous projects

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