Deutsche Bank Reviews in Birmingham, England | Glassdoor

Deutsche Bank Birmingham Reviews

Updated February 15, 2017
33 reviews

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Birmingham, England (UK)

3.3
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Deutsche Bank Co-Chief Executive Officer John Cryan
John Cryan
11 Ratings

33 Employee Reviews

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Pros
  • Very flexible work-life balance (in 283 reviews)

  • The work environment and the people community are excellent (in 137 reviews)

Cons
More Pros and Cons

  1. "On the way up"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President in Birmingham, England (UK)
    Current Employee - Vice President in Birmingham, England (UK)
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Bright enthusiastic employees and turnaround strategy starting to take hold.

    Cons

    Company in midst of turnaround.


  2. "ok to work"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Birmingham, England (UK)
    Current Employee - Anonymous Employee in Birmingham, England (UK)
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at Deutsche Bank full-time (More than 5 years)

    Pros

    good premise, some internal job opportunity

    Cons

    no good manager, less opportunity for learning from job


  3. Helpful (1)

    "Inefficient and too many politics"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Assistant Vice President Infrastructure in Birmingham, England (UK)
    Former Employee - Assistant Vice President Infrastructure in Birmingham, England (UK)
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I worked at Deutsche Bank full-time (More than 3 years)

    Pros

    - New CEO is trying to reverse the image of banking instilled by the previous leadership teams.
    - Opportunities to move around different areas of the bank locally and globally.
    - Great benefits.
    - DB encourage their employees to take part in lots of charitable work and allocate time for this.

    Cons

    - Too many politics.
    - Enourage competition between employees rather than creating synergy between them.
    - Too much focus on an individuals profile rather than ability to do the job.
    - Very slow paced in some areas. Work being repeated by numerous employees. Very inefficient.
    - High staff turnover rates.
    - Not a good place to progress fast.
    - A lot of unhappy people at the NCT levels.
    - A lot of employees at AVP level and above are not adding enough value to the business and nobody seems bothered. No wonder they have a cost problem.

    Advice to Management

    - Hire process consultants to review your inefficient processes and work done by multiple people.
    - Remove the deadwood. Too many managers sailing under the radar. Some employees get to a certain level and just happily coast along due to good salary package and benefits.
    - Promote based on ability rather than tenure.
    - Too much competition between locations. Are you not all one bank?
    - Each location wants to grow its teams regardless of some people having little work whilst other areas are overworked. If you want to reduce your high cost profile look at value for money you are offering your business. Produce KPIs for each department/team and compare against industry standards.
    - Culture and values still need work. Hopefully with a new team at the helm this will drive out some of the bad behaviours still being exhibited.


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  5. Helpful (1)

    "Ok but too much Politics"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Control Room Analyst in Birmingham, England (UK)
    Former Employee - Control Room Analyst in Birmingham, England (UK)
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I worked at Deutsche Bank full-time (More than a year)

    Pros

    Okay pay, working benefits such as childcare and gym subsidy.

    Cons

    Terrible/inexperienced Managers supported by HR. If you are looking to work at the control room birmingham or london, don't. Too political, lack of concrete training. They don't train you first hand instead your development is dependent on manager liking you. Lots of snitching going on all the time and management cannot be trusted.

    Advice to Management

    Don't hire someone who has never had experience managing themselves properly or a group of people. Take training and employee development very seriously. Reduce the work hours.


  6. "Vice President"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President in Birmingham, England (UK)
    Current Employee - Vice President in Birmingham, England (UK)
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at Deutsche Bank full-time (More than 8 years)

    Pros

    There is no glass ceiling.

    Cons

    There is too much politics.


  7. "Positive experience, have been able to learn, progress within roles and taken opportunities to move into new roles."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Assistant Vice-President in Birmingham, England (UK)
    Current Employee - Assistant Vice-President in Birmingham, England (UK)
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I have been working at Deutsche Bank full-time (More than 8 years)

    Pros

    Ability to be involved in change the bank and run the bank processes, multiple divisions represented and opportunities for progression.

    Cons

    Perceived reliance on London for direction and decision making. Constant bad press affecting morale. Looks like operations / back office taking the hit in terms of compensation despite praise for efforts in keeping the bank on track through litigation.


  8. Helpful (1)

    "Managers don't walk the talk"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Vice President in Birmingham, England (UK)
    Former Employee - Vice President in Birmingham, England (UK)
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I worked at Deutsche Bank full-time (More than 5 years)

    Pros

    John Cryan is a great CEO. He has clarified the banks strategy internally and externally. Keeps it simple. Very approachable and down to earth. A refreshing change from the previous regime. Seems to genuinely care about employees, diversity, retaining talent and doing the right thing.

    Cons

    Management Board commitments about diversity, developing and retaining talent and career mobility are not delivered by middle and senior management.

    Advice to Management

    It's frustrating to hear the most senior management making commitments that their teams don't deliver on the ground. Be brave, be mobile and stay with us for the long haul is all well and good, but if managers on the ground aren't in that mindset then DB will continue losing good talent. The culture is that it's easier to recruit in skills from outside than enable people to cross-train and develop. Little surprise that they struggle to retain female staff, which they claim is a priority.


  9. "eDiscovery Project Coordinator"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - EDiscovery Project Coordinator in Birmingham, England (UK)
    Former Contractor - EDiscovery Project Coordinator in Birmingham, England (UK)
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Deutsche Bank as a contractor (More than a year)

    Pros

    Deutsche are a very friendly and welcoming company to work with.

    Cons

    I do not have have any cons to say about Deutsche Bank.


  10. Helpful (3)

    "German Efficiency? Not as efficient as you may expect!"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Birmingham, England (UK)
    Former Employee - Anonymous Employee in Birmingham, England (UK)
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I worked at Deutsche Bank full-time

    Pros

    Some very talented people who have the potential to achieve so much more than they are able to here. Birmingham management is good and there are valid attempts to improve culture at least in the Birmingham office.

    Cons

    However, be prepared for endless bureaucracy, office politics, demeaning attitude of London and Frankfurt staff towards people based in non-Hub locations, terrible technology, "we have always done it that way" culture and constant frustration.

    Advice to Management

    Wake up. The world does not evolve around London and Frankfurt. Value the talent you have and do more to remove barriers that stop people doing their job.


  11. "A good place to work"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Birmingham, England (UK)
    Current Employee - Anonymous Employee in Birmingham, England (UK)
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at Deutsche Bank full-time (More than 3 years)

    Pros

    A genuinely diverse, collegiate environment. Lots of talented people. A global outlook. Lots of career opportunities and movement. Well rewarded. Good benefits.

    Cons

    Bureaucracy is too much at times. Can be political. Overly complex. Too conservative.

    Advice to Management

    Keep on with the strategy to simplify and reduce complexity. Consider that there are some 'risks' that are worth taking.



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