RBC Reviews | Glassdoor

RBC Reviews

Updated March 21, 2019
1,780 reviews

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

Employee Reviews

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Pros
Cons
  • "work/life balance can be challenging" (in 75 reviews)

  • "Long hours - sometimes mindless tasks for junior folks" (in 83 reviews)

More Pros and Cons

  1. "Top Employer!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Administrative Assistant in Miami, FL
    Former Employee - Administrative Assistant in Miami, FL

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

    Pros

    Great Company, Excellent Benefits.

    Cons

    They sold off our division.


  2. "Great"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Complex Operations Associate in West Palm Beach, FL
    Former Employee - Complex Operations Associate in West Palm Beach, FL
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    I really enjoy working for RBC, the management was always involved and willing to help

    Cons

    it was hard to grow within the company

  3. "Solid Experience"

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

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

    Pros

    Provides some top analysts with ability to learn more than what their job description implies

    Cons

    Very little collaboration / feedback allowed, most people won't change behavior after receiving feedback with very little issue

    Advice to Management

    Ensure associates are treating people with respect and have the respect of their juniors


  4. "Associate"

    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
    Positive Outlook
    Approves of CEO

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

    Pros

    Strong focus on company identity and culture- messaging on ethical behavior comes from the top.
    Good opportunity to transfer internally if you want.

    Cons

    A lot of turnover in some areas of banking


  5. Helpful (2)

    "Nice People, Horribly out of date"

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

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

    Pros

    Very nice people, more laid back than other banks

    Cons

    Behind the times but dreadfully unaware

    Advice to Management

    Its one thing to say your are on the cutting edge to clients and employees, but you actually need to have substance to back it up.


  6. "Unfortunate"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Investment Advisor in Vancouver Junction, WA
    Former Employee - Investment Advisor in Vancouver Junction, WA
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    I met a lot of great people working at RBC and many of those friendships continue on today. I also learned a great deal about banking and finance which I think include some basics which everyone should know.

    Cons

    By my understanding, the business is so large and so well established, that it's more interested in keeping things the same than it is in finding ways to do things better. I found the two biggest competing forces while working there to be compliance and sales. It was really unfortunate as it didn't leave very much room for putting the client first.

    Advice to Management

    Start looking towards another career.. fintech is coming and I do 99% of my banking on my phone.


  7. "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.

  8. "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.


  9. Helpful (1)

    "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?


  10. 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.