Deutsche Bank Reviews | Glassdoor

Deutsche Bank Reviews

Updated July 22, 2017
3,070 reviews

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3.4
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Deutsche Bank Co-Chief Executive Officer John Cryan
John Cryan
560 Ratings

3,070 Employee Reviews

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Pros
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More Pros and Cons

  1. Featured Review

    Helpful (13)

    "World's 5th largest investment bank is worth working for..."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Analyst in Mumbai (India)
    Current Employee - Financial Analyst in Mumbai (India)
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Deutsche Bank full-time (Less than a year)

    Pros

    The bank cares for its employees, which can be seen by the policies implemented for employee benefit. The environment is chilled out and you arnt scorned for asking any obvious questions. Transport facility saves travel stress and conveyance. Salary is above average compared to local competitors.

    Cons

    The company being top heavy, one needs to have patience to get promotions. 2 years is average tenure after which you get promoted.
    Less visibility of how your work helps the company's top line or bottom line , thus affecting your motivation to work.

    Advice to Management

    Promote internal transfers to keep employees involved and help them gain diverse skills


  2. "Good place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Principal Auditor in New York, NY
    Current Employee - Principal Auditor in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Good benefits, appreciates the audit department. They will actually pay to retain their talent and have good perks in the Wall Street office

    Cons

    Large firm, employees can be pretentious. Other than that it is a pretty enjoyable place to work. As long as you don't mind them in the news all the time.

  3. "European Values/American Work Ethic"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Operations Analyst in Jacksonville, FL
    Former Employee - Senior Operations Analyst in Jacksonville, FL
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    The work environment and company benefits were outstanding.

    Cons

    Long work hours and internal systems were poor compared to competitors. Also, the pay was slightly lower, however the difference could be made with overtime.


  4. "Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at Deutsche Bank full-time (More than a year)

    Pros

    nice culture, great benefits, good understanding of personal matters

    Cons

    does not invest in employees, hire too many unnecessary people

    Advice to Management

    pay more attention to who you currently have, and do not just expand just because you need to improve on something


  5. Helpful (1)

    "Stop Low balling Empoyees on Pay."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - KYC Analyst in Jacksonville, FL
    Former Employee - KYC Analyst in Jacksonville, FL
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

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

    Pros

    Great Management Team in Jacksonville, Florida

    Cons

    Corporate expects you to work long days with no OT. They overload you and expect you to do it all in a day. When I went on as a permeant employee they forced me to show my W2 from previous jobs. Then low balled me in the pay claiming I will get it back in bonus. They offered me $57,000. Once I found another job I left. Doing same exact job now with less work making $68,000. My advice to new employees get your money up front for pay because bonus is non existent and you will be stuck with that pay for years.

    Advice to Management

    Stop low balling employees on pay because they started out temp. You loose talented employees that way.


  6. Helpful (1)

    "AFC AML Investigator Associate"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - AFC AML Investigator Associate in Jacksonville, FL
    Current Employee - AFC AML Investigator Associate in Jacksonville, FL
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at Deutsche Bank full-time (Less than a year)

    Pros

    They, the company, CARE!!!

    Flexible and understanding
    Great Benefits
    A friendly and catering café
    Always available parking in the parking lot
    Building is always kept clean as well as the bathrooms.
    Stress free environment in the department that I'm currently in.

    Cons

    No cons at the moment

    Advice to Management

    Keep doing what you're doing!!


  7. Helpful (1)

    "Deutsche Bank Review"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Assistant Vice President in New York, NY
    Current Employee - Assistant Vice President in New York, NY
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    Awesome people to work with, good work/life balance, flexibility with working from home, good benefits and vacation, exposure to senior management

    Cons

    Not compensated properly
    Dysfunctional and broken processes
    Decisions made my senior management aren't consistent.
    Constant management changes
    Outdated technology and computers

  8. "Okay for a corporate grind"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Client Service Associate in Century City, CA
    Former Employee - Client Service Associate in Century City, CA
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    Good benefits and seems like they pay okay. This is probably because of the German ties. At the end of the day, it's still a bank.

    Cons

    Fast paced but unorganized. Management was good with day to day - not so good with long term view.

    Advice to Management

    Find a better way to attract and retain young talent. I saw this place as a revolving door for 18 months. Sad.


  9. "Finance"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Vice President in Baltimore, MD
    Former Employee - Vice President in Baltimore, MD
    Doesn't Recommend
    Negative Outlook

    I worked at Deutsche Bank full-time (More than 10 years)

    Pros

    Nice place to work while in business

    Cons

    The company closed a few years ago.

    Advice to Management

    I have no advice to give.


  10. Helpful (6)

    "The Promised Land in trouble"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Software Development Engineer in Cary, NC
    Current Employee - Software Development Engineer in Cary, NC
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    People! People, People!
    In my two and a half decade long career I've come across many huge companies as a consultant, of course, and would never choose to join. This on is different. The people here, each and every one, are just down to the ground decent human beings.
    The company takes care of it own.
    This is one of those families one normally never leaves.

    Cons

    A long, hard, unforgiving stream of bad luck, fines and repetitional damage. And for our industry reputation is everything.
    Also, despite the fact that all of us are great people we tend to collectively cause each-other unnecessary grief.
    The upper management has a clear understanding and viable vision to what needs to be done to right the ship.
    The contributing mice are all experts in their respective domains.
    Nevertheless, top to bottom, the message is often lost or distorted in transaction or propagation.
    The overall culture is healthy but the middle-tier mentality is archaic.
    The core values campaign in well put together and slowly produces results - keyword is slowly.

    Advice to Management

    1. Gut your middle-management!
    2. A good general business manager will not always produce good results, especially in IT. For IT - hire from successful IT and preferably not from banking.
    3. Same training for everyone is a waste of time and money. Leave core values and some regulatory training as is. Drop all else for IT and produce IT specific training.
    4. IT is your greatest loss - treat it as a separate industry / company.


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