Royal Bank of Scotland

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Royal Bank of Scotland Reviews

Updated 15 December, 2014
Updated 15 December, 2014
788 Reviews
3.1
788 Reviews
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Royal Bank of Scotland Group Chief Executive Ross McEwan
Ross McEwan
92 Ratings

Review Highlights

Pros
  • Potential to give excellent working oppurtunities and help main the work-life balance (in 194 reviews)

  • I found the work environment to be very friendly and encouraging (in 40 reviews)


Cons
  • Work life balance used to be good here but now it's extremely demanding (in 19 reviews)

  • Senior management never follows thru with ideas or current business plan (in 30 reviews)

More Highlights

274 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Good to start with

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Associate(Finance) in Gurgaon, Haryana (India)
    Former Employee - Senior Associate(Finance) in Gurgaon, Haryana (India)

    I worked at Royal Bank of Scotland full-time (more than 3 years)

    Pros

    Best training modules,programs.So much to explore withing different business units.

    Cons

    Growth tree kind of slow and not employee favoring.

    Advice to ManagementAdvice

    Promotion should be based on knowledge test and competencies and not on based on rating a manager give to every employee.

    Recommends
    Neutral Outlook
    No opinion of CEO
  2.  

    Royal Bank of Scotland Commercial and Private

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Manager in London, England (UK)
    Former Employee - Senior Manager in London, England (UK)

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

    Pros

    Good work life balance
    Lots of very good people
    good flexible package

    Cons

    substantial structural change leading to some long term uncertainty

    Advice to ManagementAdvice

    be mindful of the volume of change over the last few years and allow people to consolidate and build to deliver the banks aims for excellence

    Recommends
    Positive Outlook
  3.  

    AM

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

    I worked at Royal Bank of Scotland

    Pros

    Safe job,peaceful job , no work pressure

    Cons

    on bonus component HR lie, very little scope for learning new things, you should be good in buttering to get growth.

  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5.  

    Part of marketing team in the investment banking division

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Marketing Manager in London, England (UK)
    Current Employee - Marketing Manager in London, England (UK)

    I have been working at Royal Bank of Scotland

    Pros

    The Blitz spirit amongst fellow workers.

    Cons

    Company disintegrating in the wake of the financial crisis.

    Advice to ManagementAdvice

    Find a way to think more like a small company. Stop talking in platitudes

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  6.  

    Internship in FICC

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - FICC in Beijing, Beijing (China)
    Former Employee - FICC in Beijing, Beijing (China)

    I worked at Royal Bank of Scotland as an intern (less than an year)

    Pros

    My internship was in RBS Beijing office
    The responsibilities were clear: updating FX quotes, translating of internal report and assisting the deals

    Cons

    The banks are generally not good since the crisis and the moral in the office was low
    Foreign banks in China clearly don't have any advantages and there is limited new business opportunities
    High bureaucratic system

    Doesn't Recommend
    Neutral Outlook
  7.  

    Very specialised bank. A lot of barriers.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Associate in Singapore (Singapore)
    Current Employee - Associate in Singapore (Singapore)

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

    Pros

    A great company to learn. Great exposure.

    Cons

    Big and messy setup due to various acquisitions. A lot of barriers.

    Recommends
    Negative Outlook
    No opinion of CEO
  8.  

    Has a good culture

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Royal Bank of Scotland

    Pros

    Able to learn many operations, technologies, banking fundamentals.

    Cons

    Slow Technology upgrade, Lack of foresightedness in higher mngmt

  9.  

    Development Moves to London

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Vice President in Stamford, CT (US)
    Former Employee - Vice President in Stamford, CT (US)

    I worked at Royal Bank of Scotland full-time (more than 5 years)

    Pros

    A lots of challenging software tasks. New tools of development Good salary

    Cons

    Most of the interesting quant stuff moves from US to London

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  10.  

    Process Associate In KYC,KYB,Periodic review in AML(Anti money laundering)

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - KYC Process Associate In AML in Delhi (India)
    Current Employee - KYC Process Associate In AML in Delhi (India)

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

    Pros

    one of the best place to work wth

    Cons

    growth in carrier and less opportunities

    Advice to ManagementAdvice

    growth should be there with more opportunities

    Recommends
    Neutral Outlook
    No opinion of CEO
  11.  

    Talented staff, pensionable systems

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in London, England (UK)
    Current Employee - Anonymous Employee in London, England (UK)

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

    Pros

    People are friendly, good team spirit, lots of skilled people to share ideas with.

    Cons

    Systems architecture makes it time consuming to pull information out, especially with latest regulatory changes - the proportion of time spent fixing things makes it difficult to stretch into new areas of work. Strong time management skills are key.

    Advice to ManagementAdvice

    Work more to break down silos between divisions and departments. Try encourage people to tell you what is happening "warts and all" rather than prettying it up just to appease management. How you react to bad news flowing up from the line is key here.

    Positive Outlook
    Approves of CEO

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