Royal Bank of Scotland

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Royal Bank of Scotland Reviews in United States

Updated January 27, 2015
Updated January 27, 2015
831 Reviews
3.1
831 Reviews
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Royal Bank of Scotland Group Chief Executive Ross McEwan
Ross McEwan
113 Ratings

Review Highlights

Pros
  • Potential to give excellent working oppurtunities and help main the work-life balance (in 194 reviews)

  • I found the work environment to be very friendly and encouraging (in 40 reviews)


Cons
  • Work life balance used to be good here but now it's extremely demanding (in 19 reviews)

  • Senior management never follows thru with ideas or current business plan (in 30 reviews)

More Highlights

106 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    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)

    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 ManagementAdvice

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

    Recommends
    Neutral Outlook
  2.  

    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)

    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 ManagementAdvice

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

    Negative Outlook
  3.  

    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

    Pros

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

    Cons

    Pay is below the market average.

    Advice to ManagementAdvice

    Increase salaries to market level.

    Recommends
    Positive Outlook
    Approves of CEO
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  5.  

    Great pay but limited small minded leadership

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Human Resources Associate in New York, NY
    Former Employee - Human Resources Associate in New York, NY

    I worked at Royal Bank of Scotland full-time (less than a year)

    Pros

    I worked at RBS in their New York office. I really liked the people I worked with and looked forward to having an illustrious career there. One of the benefits to limited leadership is the opportunity to develop yourself.

    Cons

    Your career can be stunted as management is really petty and there is no real structure for succession planning. HR sucked and all the prime benefits went to the UK expats. Management didn't listen to employees about developing the company and how to grow a better firm.

    Advice to ManagementAdvice

    Develop your employees.

    Doesn't Recommend
    Negative Outlook
  6.  

    RBS are effectively exiting the US but are still recruiting to wind the business down...but they won't tell you that!

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

    I worked at Royal Bank of Scotland full-time (less than a year)

    Pros

    Great building, great facilities, nice people

    Cons

    Professional review process is routinely abused to manage the comp pool (downwards)
    Senior management quote "stay if you want to, leave if you want to...we don't care"
    Dishonesty is ingrained within in the Bank's DNA
    Seniors get paid even though they've mismanaged the Bank to near extinction...line staff just get base...suck it up or leave.
    Line staff are expected to display loyalty by foregoing bonus and quality of life (50+ hour week with no upside) to pay fines for mismanagement and borderline criminal behavior, but the Bank feels NO loyalty to its staff.

    Advice to ManagementAdvice

    If you won't do the right thing and fall on your swords then forego your bonuses and accept responsibility for your utter lack of integrity, malfeasance, incompetence and negligence.

    Stop lying and cheating, pay your people fairly and conduct yourselves with integrity at all times inside the Bank as well as publicly.

    Claiming that RBS now conducts itself ethically, morally and with integrity is not accurate if you give your staff the shaft whilst continuing to enrich yourselves at their expense

    Doesn't Recommend
    Negative Outlook
  7.  

    No room for growth or development

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

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

    Pros

    Great Work life balance, roles are easy to learn

    Cons

    No room to grow, systems need to be updates

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

    Preparing to be shuttered in the US

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

    I have been working at Royal Bank of Scotland

    Pros

    Generally collegial environment
    Lots of space to spread out
    Flat hierarchy

    Cons

    Retrenching across profitable business lines
    Lack of transparency from leadership
    US is treating as a weak satellite of UK / EMEA operations in all respects

    Advice to ManagementAdvice

    Close US MIB and repatriate capital to the UK

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  9. 1 person found this helpful  

    Horrible leadership and no commitment to employees. Sinking ship!

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

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

    Pros

    Good pay and great benefits. The company also seems to be committed to diversity in the workplace. I was able to work with a group of very smart and very skilled professionals. Free coffee!

    Cons

    Leadership lacks any real direction. The bank is so concerned about the public's perception that they totally forget about their own employees. Annual raises are non existent and only high level execs have seen bonuses in the last 5 years. Bank continues to be fined and post annual losses. Stay away from this place if you want to actually advance in your career.

    Advice to ManagementAdvice

    Set a clear direction for the bank and clearly communicate your goals. Focus more on your employees. Happy employees can be the best evangelists to promote a positive reputation in the public space.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  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

    Pros

    Top management is working hard to change the culture

    Cons

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

    Approves of CEO
  11.  

    Development Moves to London

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

    I worked at Royal Bank of Scotland full-time (more than 5 years)

    Pros

    A lots of challenging software tasks. New tools of development Good salary

    Cons

    Most of the interesting quant stuff moves from US to London

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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