Deutsche Bank Reviews | Glassdoor

Deutsche Bank Reviews

Updated May 28, 2017
2,966 reviews

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Full-time Part-time

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

2,966 Employee Reviews

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Pros
  • Very flexible work-life balance (in 318 reviews)

  • Good work environment, employee development (in 149 reviews)

Cons
More Pros and Cons

  1. Featured Review

    Helpful (5)

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

    Star Star Star Star Star
    • 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. "The Promised Land in trouble"

    Star Star Star Star Star
    • 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.


  3. "AVP"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Assistant Vice President in New York, NY
    Former Employee - Assistant Vice President in New York, NY
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Deutsche Bank full-time (More than 8 years)

    Pros

    Benefits and excellent balance of life.

    Cons

    Training can be improved. DB needs to finance

    Advice to Management

    Make more investment into training


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  5. "Vice President Technology"

    Star Star Star Star Star
    • 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

    Good people and challenging work

    Cons

    Still some legacy issues that needs to improved


  6. "Operations Analyst"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Operations Analyst in Jacksonville, FL
    Former Employee - Operations Analyst in Jacksonville, FL

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

    Pros

    Great management, good salary, good people

    Cons

    high stress, long hours, can be monotonous

    Advice to Management

    Better training


  7. "Analyst Review"

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

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

    Pros

    Qualified employees, driven staff, decent culture, market comp

    Cons

    Lack of mobility, tendency to over promise and under deliver, overly PC

    Advice to Management

    Cultivate internal talent and most of all, strive for less bureaucracy


  8. Helpful (2)

    "Software Engineer"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Software Developer in Cary, NC
    Current Employee - Software Developer in Cary, NC
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    Pros

    - you get 18 weeks of paid maternity leave if you have a child
    - If you happen to get on the right team, this is not a bad place to work.
    - Great medical insurance

    Cons

    - 1 week of paternity leave
    - good teams are few and far between
    - Exceptional workers are few and far between
    - medical insurance is pricy
    - Company is stingy with perks. For instance, Christmas celebrations and what not came out of our own pockets, no paid first day lunch, etc.
    - Developers have a lot of red tape to deal with that makes development more difficult
    - Full time developers are treated as if they are another contracting agency by the business
    - not enough bathrooms :)

    Advice to Management

    - Make agile a priority bank wide
    - Remove red tape for developers
    - Stop treating full time developers like contractors


  9. "Technical Project Manager"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Wall Street, MO
    Former Employee - Anonymous Employee in Wall Street, MO
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Deutsche Bank full-time (More than 8 years)

    Pros

    The main building located at 60 Wall street, consider a good location to work at. Work place is ok.

    Cons

    Down sizing, let people go left and right. Pay out freeze, don't have strong presence in Wall street.

    Advice to Management

    Pay attention to efficiency of the work flow.


  10. Helpful (1)

    "Safe place to sit; unrewarding in other ways"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associated Software Developer in Cary, NC
    Current Employee - Associated Software Developer in Cary, NC
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

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

    Pros

    Friendly work environment
    Good work life balance
    Decent job security

    Cons

    Compensation cut by removing bonuses, salary adjustments promised but never delivered
    No career progression, limited opportunities for recognition
    Organisation has poor understanding of technology, improvement is painfully slow

    Advice to Management

    If you want to be a technology company; take a look at how technology companies actually operate and treat their technology staff. It's not enough to just keep saying you reward and retain talent, you have to actually do it.


  11. "Great internship experience"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Investment Banking Summer Analyst in New York, NY
    Former Employee - Investment Banking Summer Analyst in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Extensive training, high salary, employee perks, global and diverse network

    Cons

    Hours, employee turnover, company restructuring


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