Deutsche Bank Reviews | Glassdoor

Deutsche Bank Reviews

Updated December 14, 2017
3,347 reviews

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3,347 Employee Reviews

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Pros
Cons
  • Good work life balance but you need to put in the effort to advance (in 134 reviews)

  • long hours especially in corporate finance (in 153 reviews)

More Pros and Cons

  1. "Neutral experience"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Firmenkundenbetreuer und Relationship Manager in Irondequoit, NY
    Current Employee - Firmenkundenbetreuer und Relationship Manager in Irondequoit, NY
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Global Network making global mobility possible, Germany's last real global Coporate & Investment Bank

    Cons

    Very outdated carreer development, direct managers being unavailable to develop their young team members


  2. Helpful (9)

    "Cary Location is just a begging bowl to NY and London - A cess pool of H1B's"

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

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

    Pros

    Acceptable salaries but still below it's industry.
    Flexible Work
    Good Benefits

    Cons

    Too many to list. Here are few...
    You will dread getting up in the morning and coming to work

    Projects are mostly concentrated at strategic locations like NY / LON. Cary will have leftovers menial work !!

    Political cesspool - your advancement is pretty much at the mercy of someone in NY.
    If you can be a good boot-licker and do whatever is been told to do like a good dog you have a life here !!

    Jobs are not based on your experience , but on the needs of short term projects.

    Funds are squandered elsewhere , Penny wise Pound foolish !!

    Pretty much you just have to pimp yourself every day to NY or London

    Manager's care less about your growth, and want their cut at the end of their year safe-guarded.
    Performance measurement is based on whims and fancy of someone in NY / LON. it's PMS for you on a daily basis.

    Projects have horrible track records and you will just be thrown in to pool of sharks who are protecting their own interests.
    Cary upper management will conveniently stay out of the picture and will show up to capitalize on your fruits at the end of the year. If things have failed, you will all be set to be the goat / sheep ready for execution.

    Layer and Layer's of VP positions with no real Business or technical Knowledge to support the team. In fact, VP's are meeting facilitator and nothing more. Front desk Admin can do the same job. Setup meetings !!

    Advice to Management

    No advice will change !!!.

  3. "Market Data"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    Good colleagues and liked working with the users.

    Cons

    No direct HR contact for questions.

    Advice to Management

    Need more communication.


  4. Helpful (5)

    "Innovation killer and talents wasteland"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Software Engineer in Cary, NC
    Former Employee - Senior Software Engineer in Cary, NC
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    Salary and benefits are good.

    Cons

    This is a terrible place for technology workers. Aside from the fact that IT employees get penalized for all the ethical and financial screw ups of some greedy traders, this place does not provide the simplest environment for IT staff (including developers ..etc) to be successful. Everything is locked down, and the simplest tasks can take weeks if not months to happen. From career perspective, there are very limited promotions in the RTP office in North Carolina, and the site is not growing anymore. All power is given to the UK and German offices, with remote offices acting only as implementation force, no more.


  5. Helpful (1)

    "Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook

    I have been working at Deutsche Bank full-time

    Pros

    A great company to learn things.

    Really good environment for colleagues

    Cons

    Not in a good shape.

    Many layoffs right now


  6. "Those benefits, though!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Analyst in Jacksonville, FL
    Current Employee - Senior Analyst in Jacksonville, FL
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Very progressive global culture and fantastic health care benefits.

    Cons

    Limited career advancement and increasing use of outsourcing.


  7. "Vice President"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I worked at Deutsche Bank full-time

    Pros

    Good name in the marketplace, good people, European presence

    Cons

    Outdated technologies, office politics are prevalent and overall inflexible work environment

    Advice to Management

    Revisit who's at the top of each department - old traditions that don't work anymore must be changed for the firm to succeed

  8. Helpful (5)

    "Director"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Director in New York, NY
    Former Employee - Director in New York, NY
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Benefits are comparable to competitors

    Cons

    Everyone is miserable because company can't make money or pay employee bonuses because of large legal fines

    Advice to Management

    Conduct 360 reviews on all directors and managing directors


  9. "Global Market Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Neutral Outlook

    I worked at Deutsche Bank full-time

    Pros

    Nice teamwork environment and mobility globally

    Cons

    Depend on which team you are at, you might not get good relocation option

    Advice to Management

    Should devote more to keep talent


  10. "N/A"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Release Manager in Cary, NC
    Current Employee - Release Manager in Cary, NC
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Great salary and benefits
    Work life balance is based on your project
    Internal mobility options for career growth

    Cons

    Need to Adopt to latest technologies at earliest, especially in Cloud

    Advice to Management

    None


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