Royal Bank of Scotland Reviews | Glassdoor

Royal Bank of Scotland Reviews

Updated July 19, 2017
353 reviews

Filter

Filter


2.0
StarStarStarStarStar
Rating TrendsRating Trends
Recommend to a friend
Approve of CEO
Royal Bank of Scotland Group Chief Executive Ross McEwan
Ross McEwan
90 Ratings

353 Employee Reviews

Sort: PopularRatingDate

Pros
Cons
More Pros and Cons

  1. "Stay Away (RBS America)"

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

    I have been working at Royal Bank of Scotland full-time (More than 5 years)

    Pros

    None now. At least not until the restructure is complete.

    Cons

    1. Employees are being let go to meet headcount target, regardless of experience and skill sets. Unless you know the right person, it is all about being in the inner circle.

    2. Lack of planning. No planning on who, when, and how the works will be picked up by the left over employees.

    3. Can't see the light from the end of the tunnel, probably not until the restructuring complete.

    4. The environment is toxin, miserable, and hopeless.


  2. Helpful (1)

    "No Career Path in US"

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

    I have been working at Royal Bank of Scotland full-time (More than 3 years)

    Pros

    Global Management team is effectively executing a turn around strategy that includes improving employee engagement.
    People are overall nice and flexible in the changing environment.
    Diversity is a priority.

    Cons

    US footprint is intentionally shrinking as part of global strategy. Many of the folks who will remain will have opportunity to do new things as a result of the smaller more agile organization but the firm has not communicated the path for career advancement in the US.

    Advice to Management

    Ensure that senior management has a plan for investing in the US retained staff's professional development otherwise many talented people will leave.

  3. Helpful (1)

    "Director"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Royal Bank of Scotland full-time

    Pros

    Great building and location, first class gym

    Cons

    P&L challenged, not promoting in the US


  4. Helpful (2)

    "Tough Days"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Financial Analyst in Stamford, CT
    Former Employee - Senior Financial Analyst in Stamford, CT
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Royal Bank of Scotland full-time (More than a year)

    Pros

    RBS was a good place to start a career in corporate support for an investment bank. There is exposure to a number of asset classes and business units.

    Cons

    They are downsizing the US footprint. Morale is low considering the size of the organization.


  5. "RBS Stamford"

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

    I have been working at Royal Bank of Scotland full-time (More than 5 years)

    Pros

    Great environment and great people to work with.

    Cons

    Severely downsizing, limited opportunities for advancement.


  6. "Stamford office has almost entirely closed down"

    StarStarStarStarStar
    Former Employee - Anonymous Employee in Stamford, CT
    Former Employee - Anonymous Employee in Stamford, CT
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I worked at Royal Bank of Scotland (More than a year)

    Pros

    Great history, smart people, good leaders

    Cons

    Businesses shut down, massive layoffs

    Advice to Management

    No advice to provide management


  7. "Working at RBS"

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

    I worked at Royal Bank of Scotland (Less than a year)

    Pros

    working with the colleagues at the office was the best thing about being there. Work ethic and care by employees was exceptional

    Cons

    Multiple changes in vision, Execution of changes is very slow.

  8. "Not relevant any more"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Subject Matter Expert in Chicago, IL
    Former Employee - Subject Matter Expert in Chicago, IL
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Royal Bank of Scotland (More than 10 years)

    Pros

    Good $ after 5 years

    Cons

    Pulled out of Chicago, IL


  9. "IT Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - IT Analyst in Stamford, CT
    Current Employee - IT Analyst in Stamford, CT
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at Royal Bank of Scotland full-time (More than a year)

    Pros

    Laid back people. Employees are nice and respectful. The building is pretty neat too although it's going away

    Cons

    Chaotic, management has no idea where we are going. Also working on the trading floor is distracting for non-traders.

    Advice to Management

    Think and stop about what metrics mean instead of blindly trying to get them below/above certain values.


  10. "Shadow of itself"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Stamford, CT
    Former Employee - Anonymous Employee in Stamford, CT
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Royal Bank of Scotland full-time (More than 10 years)

    Pros

    Used to be legit debt platform (Greenwich through ~2013) before bailout and restructuring decimated the place

    Cons

    Cost controls, politics, turnover, shrinking US (and global) presence, pay cuts, ever changing strategy


Showing 353 of 2,492 reviews
Reset Filters