Deutsche Bank Reviews

Updated 30 September, 2014
Updated 30 September, 2014
1,210 Reviews
3.3
1,210 Reviews
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Deutsche Bank Co-Chairmen & CEO Jürgen Fitschen & Anshu Jain
Jürgen Fitschen & Anshu Jain
308 Ratings

Review Highlights

Pros
  • Good work-life balance and a global footprint help one explore the corners of the world (in 106 reviews)

  • Change is the only constant - a highly dynamic work environment (in 67 reviews)


Cons
  • No work life balance; morale could go down at times (in 45 reviews)

  • a culture of long hours where they aren't required (in 60 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Attention to detail. People friendly company. Some management and procedures a bit stiff.

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

    I worked at Deutsche Bank as an intern

    Pros

    Good work environment, great people. Efficient, German style. Very stable, risk management is good.

    Cons

    Work efficiency is affected by the lengthy regulations and internal compliances.

    Advice to ManagementAdvice

    Should allow more flexibility and case-sensitive solutions.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Very good place

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Assistant Vice President - Technology  in  Saint Petersburg (Russia)
    Current Employee - Assistant Vice President - Technology in Saint Petersburg (Russia)

    I have been working at Deutsche Bank full-time

    Pros

    This is place where technology meets and finance. We build vast majority of technology to the bank including connectivity, pricing, risk, data warehousing. On a business there is fx, fixed income, money markets, options - so all verity of financial instruments are for you. If you enjoy finance and (server side) technology it would be the best place to work in St. Petersburg.
    Company provides good opportunities for trainings including all soft of soft skills, technology skills and participating in relevant meetings.
    For graduates there is amazing Java School which not only teaches with advanced (and demanded in real world) tricks in Java but also provides jobs with amazing compensations.

    Cons

    Getting promoted to managerial positions might be tricky in some teams (however is relatively easy in others)
    Big distance to the actual business built by organisation

    Advice to ManagementAdvice

    If you could do one thing do this: close the gap between business and IT organisation

    Recommends
    Neutral Outlook
    No opinion of CEO
  3.  

    It was great experience

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

    I worked at Deutsche Bank

    Pros

    it is a global and diverse place to work in.

    Cons

    No cons, maybe there should be more taking in the percentage of the recruitment

    Recommends
    Approves of CEO
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  5.  

    DB had a great graduate training program

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Vice President  in  Hong Kong (Hong Kong)
    Former Employee - Vice President in Hong Kong (Hong Kong)

    I worked at Deutsche Bank full-time for more than 5 years

    Pros

    DB has a great graduate training program, with very structured training material and classes with rotations on various desks and great people who manage the whole program. Lots of smart and very capable people working in the bank.

    Cons

    Sometimes there are some limitations on the IT side of things in terms of infrastructure investment and sometimes there appears to be a lot of internal competitions between people for business etc - but that may be expected of any bank

    Advice to ManagementAdvice

    I think having more personal growth would be very beneficial with courses for personal training, development and growth; management programs etc;

    Recommends
    Negative Outlook
    No opinion of CEO
  6.  

    Cautiously optimistic about the real growth potential

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Assistant Vice President  in  New York, NY (US)
    Current Employee - Assistant Vice President in New York, NY (US)

    I have been working at Deutsche Bank full-time

    Pros

    great place for emerging talent and to make a name for yourself.

    Cons

    compensation, technology, senior management, too much politics and not enough collaboration

    Advice to ManagementAdvice

    Division heads need to better scrutinize who they have managing their businesses. Corporate politics is detracting from any business taking place as business heads are more concerned about personal gain than focused on growing the business.

    Recommends
    Positive Outlook
    No opinion of CEO
  7.  

    European Centric Bank

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Vice President - Technology  in  New York, NY (US)
    Current Employee - Vice President - Technology in New York, NY (US)

    I have been working at Deutsche Bank full-time for more than a year

    Pros

    - Great benefits and people; People are smart and generally good natured
    - Lots of great initiatives to work on
    -

    Cons

    - Analysis paralysis
    - Too many egos
    - Subject Matter Expertise is concentrated with key employees and there is high demand for their time. This delays progress

    Advice to ManagementAdvice

    None

    No opinion of CEO
  8.  

    A large company with unclear responsibilities

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

    I worked at Deutsche Bank full-time

    Pros

    DB offers number of opportunities like any other large bank. It has more of an entrepreneur approach. Overall good people in Switzerland. Offers competitive salaries and good pension schemes.

    Cons

    No transparent processes and responsibilities. Too many team changes i.e. good working teams being dismantled. Cannot deal very well with internal critic.

    Advice to ManagementAdvice

    I believe some people in DB have been overly protected while others had to pay the price for their honesty.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  9.  

    I love, great employers and great money.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Assistant Vice President  in  New York, NY (US)
    Current Employee - Assistant Vice President in New York, NY (US)

    I have been working at Deutsche Bank full-time for more than a year

    Pros

    Friendly work environment, management has been built around a core of strong smart and hard workers who don't quite till the job gets done.

    Cons

    Office times aren't the greases especially around taxing season as we have to file reports on everything,this usually involves 16-18 hour days.

    Advice to ManagementAdvice

    I am part of the management.

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

    DB Risk Centre oversold and underpaid

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Team Leader  in  Berlin (Germany)
    Current Employee - Team Leader in Berlin (Germany)

    I have been working at Deutsche Bank full-time for more than a year

    Pros

    Berlin is a lively alternative city. Work life balance is quite good

    Cons

    DB Risk Centre is sold as a unique division of DB with great talents. However the level of workers is very uneven and it is not uncommon to see managers with no experience at all either managing or in banking. Turnover is incredibly high, around 1 year, which means: you go, realise it is not for you within one month and start looking somewhere else.
    Many people from Italy, Spain, Greece think they are offered a good salary compared to their countries, but the truth is that it is dramatically below the average for Germany. There were legal actions against DB Risk Centre for contracting people with salaries below legal minima.
    It is a compromise between Frankfurt and Mumbai: donkey work slightly cheaper than in the headquarter.

    Advice to ManagementAdvice

    Invest in real managers both in technical and interpersonal terms. Invest in people.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  11.  

    Overall I would recommend working in DB, good work-life balance

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

    I have been working at Deutsche Bank full-time for more than a year

    Pros

    work-life balance, lot's of -elearning stuff, oportunities to change departments, learn new things

    Cons

    bad global system, lack of good communication between engaged teams in the process.

    Recommends
    Positive Outlook
    Approves of CEO

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