RBC Reviews | Glassdoor

RBC Reviews

Updated August 19, 2017
2,304 reviews

Filter

Filter

Full-timePart-time

3.8
StarStarStarStarStar
Rating TrendsRating Trends
Recommend to a friend
Approve of CEO
RBC President/CEO David I. McKay
David I. McKay
545 Ratings

2,304 Employee Reviews

Sort: PopularRatingDate

Pros
Cons
  • Work-Life Balance can be an issue (in 46 reviews)

  • Sometimes long hours are required (in 50 reviews)

More Pros and Cons

  1. "Great Technology"

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

    I worked at RBC full-time

    Pros

    Forward looking bank looking at new technology

    Cons

    No cons with my position


  2. "assistant"

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

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

    Pros

    stable company and good benefits

    Cons

    bonus and salary is capped

    Advice to Management

    better support

  3. "Investment Banking: No Meritocracy, Bureaucratic"

    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

    Pros

    decent pay; average deal flow; free food

    Cons

    strong favoritism and low possibility of being recognized; preaches racial + gender equality but not followed in certain groups; little mentorship


  4. "Account Manager"

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

    I worked at RBC full-time

    Pros

    Biggest bank with excellent training and professional development. Flexible in mobility across different regions and divisions.

    Cons

    Sometimes progression take time due to massive size and corporation.


  5. Helpful (1)

    "Would not recommend"

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

    I worked at RBC full-time

    Pros

    Small organization in the US to allow for more exposure and learning opportunities.
    Reasonable hours.

    Cons

    Poor management.
    Old-school, good ol' boy leadership.
    Very rare work from home opportunities.
    Stingey vacation/leave package in the US.
    Tone from the top creates a very hyper-critical environment where everyone gripes about each-other and makes the place very unprofessional and similar to high school.


  6. "Investment Banking Analyst"

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

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

    Pros

    RBC is on par with other investment banks in terms of deal/modeling experience, upward mobility, pay, work/life balance. Having worked at other banks though, the people here really do make the difference. Maybe it's the Canadian roots, but everyone is friendly and most care about your time. Overall the culture is lively, open and keeps everyone engaged.
    Senior bankers care about the junior bankers and consistently hold sessions to hear our concerns and find ways to address them.

    Cons

    We are consistently the last bank on the street to adopt new policies like increasing analyst base pay, Saturday / weekend policies, analyst to associate promotion cycles, etc. Also more technical issues than any other bank.

    Advice to Management

    Spend more on computers / software, promote analyst to associate promotions to retain talent.


  7. Helpful (1)

    "AVOID IT LIKE THE PLAGUE"

    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
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Free coffee, casual Fridays, early dismissal on holiday weekends. And free lunch if your clients didn't eat during your meeting you get their leftovers.

    Cons

    Extremely shady business decisions - 2 group heads were replaced by a new team from another bank without their knowledge. They were notified by clients that they were being replaced. Management did not even have the decency to notify them. Bankers are let go very often before you can bond with them. High turnover in analysts due to very long hours 9am-2am-ish. Your contract will not be renewed if you didn't brown nose. Overnighters happen often. And do not complain about anything to management because that's a problem for them and gives them extra work. MD's are either poor or amazing, very inconsistent. There are only a handful of people that are willing to be genuine mentors. Please DO NOT WORK HERE.

  8. "Nice company to work for"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at RBC full-time

    Pros

    Lots of opportunities to grow within the company

    Cons

    Learning new skills is limited due to enterprise level structure


  9. "Great Company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Team Lead in Minneapolis, MN
    Current Employee - Team Lead in Minneapolis, MN
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Promotes from within as much as possible. Great environment and company truly cares for it's employees.

    Cons

    Not a lot of cons to speak of.

    Advice to Management

    Keep up the good work


  10. "Trading"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at RBC full-time

    Pros

    friendly co- workers, solid career support

    Cons

    conservative risk taking, slow to adapt to industry


Showing 2,304 of 2,616 reviews
Reset Filters