RBC Reviews | Glassdoor

RBC Reviews

Updated January 12, 2019
1,712 reviews

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3.4
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RBC President/CEO David I. McKay
David I. McKay
70 Ratings

Employee Reviews

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Pros
Cons
  • "work/life balance can be challenging" (in 73 reviews)

  • "Can be long hours depending on where you are" (in 79 reviews)

More Pros and Cons

  1. "Receptionist"

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

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

    Pros

    Great company, it was pleasure working at the Wealth Management Department.

    Cons

    I don´t find any negative aspects about this job.


  2. "As Supervisor of Operation you are involved in all aspect of the branch."

    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

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

    Pros

    You are very much engaged in your staff career and the success of the bank.

    Cons

    you are always very busy.

  3. "6 years at RBC"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - CDD Associate in New York, NY
    Former Employee - CDD Associate in New York, NY
    Recommends
    Positive Outlook

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

    Pros

    RBC culture is very warm. Relaxed atmosphere. Lots of opportunity for employees to get involved with their communities. Excellent medical benefits and 401K matching.

    Cons

    RBC US headquarters is in Minneapolis Minnesota so during my 6 years as an employee, they moved both departments I worked in from NYC to MN.


  4. "IT"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Raleigh, NC
    Current Employee - Anonymous Employee in Raleigh, NC
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

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

    Pros

    A really good parent company in Canada that is trying to change and evolve rather than trying to be a traditional bank.

    Cons

    Improve and modernize is only a Canadian object. Raleigh office only talks about change but dont want to change. They hire people and tell them what to do. The culture has a lot to be desired. Lots of people talk about what is wrong, what needs to change and finds fault in any change but there is no one who wants to do the actual work.

    Advice to Management

    Steve Jobs - "It doesn't make sense to hire smart people and tell them what to do ..." If you cant change your internal culture, then why seek to change?


  5. Helpful (1)

    "Executive Director"

    StarStarStarStarStar
    • Career Opportunities
    • Senior Management
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY
    Doesn't Recommend

    I worked at RBC full-time

    Pros

    Nice people, decent office location.

    Cons

    Eliminated entire department with no notice, and wouldn’t let us even go back to our desks to retrieve personal items. We were escorted out of building by HR.


  6. "Credit Risk Review"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Credit Risk Manager in Newark, NJ
    Former Employee - Credit Risk Manager in Newark, NJ
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Work from home option is great.

    Cons

    Career advancement not an option.

    Experience not valued in the department

    Below average pay.

    Advice to Management

    Credit review department should be considered audit.


  7. "Intern"

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

    Pros

    Worked with two top analysts and learned a lot

    Cons

    Very few, realized wealth management wasn't the best career path for myself

  8. "Management"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate Director in Charlotte, NC
    Current Employee - Associate Director in Charlotte, NC
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at RBC full-time (More than 10 years)

    Pros

    Stable global organization
    Fair compensation and performance incentive

    Cons

    Silos across tech groups and risk units

    Advice to Management

    Continue on path of technolgy innovation


  9. "Associate Director Trading Technology"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Business Analyst in Jersey City, NJ
    Current Employee - Business Analyst in Jersey City, NJ
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at RBC full-time (More than 10 years)

    Pros

    Work Life Balance (Flex Schedules, Tons of PTO)
    Competitive Salary
    Benefits
    Year End Bonus
    Terrific People (Diversity is a +++)
    Humanitarianism

    Cons

    Difficult to get a raise
    More difficult to get a promotion
    Slow to change/adapt (is a positive sometimes)
    Not necessarily the most challenging work
    Limited focus on developing talent

    Advice to Management

    Proactively invest in the employees loyal to RBC and you will be rewarded many times over. It shouldn't take a threat to leave to earn a raise. Cost of living raises should be given yearly.


  10. Helpful (1)

    "Awful Experience"

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

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

    Pros

    Great Benefits, and easy to get to offices and locations

    Cons

    Incoherent policies that seem to change every 6 months. Employees are out for themselves and managers are absent or non-existent. Your career path is based on who you know and not on your talent. The inclusiveness and progressiveness of the Canadian head office does not seem to apply to the US entities. Witnessed many episodes of discriminatory behavior against minorities and homophobia which were never addressed by the managers. Bullying is rampant and the managers are not never around and don't seem to care.
    Career path is very limited and although the benefits are good, they don't pay very well. Most people seem to leave in 1-2 years.