Deutsche Bank

  www.deutsche-bank.de
  www.deutsche-bank.de

Deutsche Bank Reviews

Updated 25 November, 2014
Updated 25 November, 2014
1,265 Reviews
3.2
1,265 Reviews
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Deutsche Bank Co-Chairmen & CEO Jürgen Fitschen & Anshu Jain
Jürgen Fitschen & Anshu Jain
327 Ratings

Review Highlights

Pros
  • Good work-life balance and a global footprint help one explore the corners of the world (in 109 reviews)

  • Change is the only constant - a highly dynamic work environment (in 69 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 61 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Easy on career, better work-life balance

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

    I worked at Deutsche Bank full-time (more than an year)

    Pros

    DBGT has great benefits packages, reasonable pay packages.
    The team I worked with in Cary was great.

    Work hours were relatively manageable.

    Cons

    There are not enough resources for self learning. Very few CBTs available.
    Relatively few trainings held in classroom as well, other than the ones pushed down from management.
    DBGT is a separate legal entity - meant for software development for the bank. Downside, it got disconnected from the business and employees lack exposure to business knowledge and requirements, yet the organisation as a whole is just as regulated as the business, coz its still a bank. Makes it extremely hard to actually work and get ahead in your career. I have tried networking extremely well across the organisation, but DBGT has too many strategic issues, leading to a lot of internal politics to fight against, to get anything done.

    Advice to ManagementAdvice

    Understand the impact of strategy to the people and business:
    ex: Moving jobs from London and NJ to Cary - and then hiring people in Cary to report to managers in NJ and London - caused complete disharmony and a conflict of interest among teams. This impacted deliveries across the board.

    Too many vendors - Lead to lack of accountability and the piecing together of ridiculous SLAs across all teams.

    Recommends
    Neutral Outlook
    Approves of CEO
  2.  

    Mehh is how I would describe it

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

    I have been working at Deutsche Bank full-time (more than 10 years)

    Pros

    Somewhat interesting systems
    Some enthusiastic people

    Cons

    Been here for far too long and seen seven senior managment changes each with their own idea on how to make IT more efficient, sometimes in conflict with the previous decision
    The graduate programme once the pride of this bank has been reduced to accepting the bottom of the barrell. Students with horrible GPAs and a complete lack of self awareness somehow get a job here

    Advice to ManagementAdvice

    Pay more attention to the hiring process
    Stop with the constant organisation changes

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  3.  

    Great learning experience, but difficult long term career path

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Equities in São Paulo, São Paulo (Brazil)
    Former Employee - Equities in São Paulo, São Paulo (Brazil)

    I worked at Deutsche Bank as an intern (less than an year)

    Pros

    Global reach and resources available for learning curve

    Cons

    Top-down decisions at the detriment of local employees

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
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  5.  

    Focus Is on the wrong things

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Assistant Vice President in Birmingham, England (UK)
    Current Employee - Assistant Vice President in Birmingham, England (UK)

    I have been working at Deutsche Bank full-time (more than 3 years)

    Pros

    Good location in Birmingham

    Cons

    Internal campaigns are embarrassing
    Diversity is good if senior managers understand it
    Senior managers are poor role models
    Senior managers are mostly political
    Talented hard working Employees should be valued higher than the social worker who attends events

    Advice to ManagementAdvice

    Treat and value your staff better and snap out of this "political game' mentality

    Recommends
    Neutral Outlook
    Approves of CEO
  6.  

    Process supervisor with 6.6 year of experience in Investment banking domain

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Process Supervisor/Team Leader in Bangalore (India)
    Current Employee - Process Supervisor/Team Leader in Bangalore (India)

    I have been working at Deutsche Bank full-time (more than 5 years)

    Pros

    Good Platform to make carrier

    Cons

    compensation and work life balance

    Recommends
    Positive Outlook
  7.  

    Friendly and inviting team, open to asking questions

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

    I worked at Deutsche Bank as an intern (less than an year)

    Pros

    Very willing to help new interns learn

    Cons

    Disorganized/Unprofessional HR department - did not distribute full time offers in a timely or even manner.

    Recommends
    Neutral Outlook
    Approves of CEO
  8.  

    Cost pressure shows all over the bank

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

    I worked at Deutsche Bank full-time (more than 3 years)

    Pros

    + There are some really smart people in senior positions
    + Good exposure to how near shore and off shore operations can intereact with hub locations
    + Very high investment in improving IT but this may take a while to show

    Cons

    - Cost Pressure is abundant in almost everything that you do
    - Middle management tend to stifle the message from senior management

    Advice to ManagementAdvice

    Include more staff involvement in strategy, or how to execute management objectives

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  9.  

    Its good

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

    I have been working at Deutsche Bank full-time (more than 3 years)

    Pros

    slow life, decent pay and good for learning with a little more safety

    Cons

    You are not in a front office so you are treated like that

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

    Agressive environment with poor attitude towards employees

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

    I worked at Deutsche Bank full-time (more than an year)

    Pros

    Reputation and brand image
    Mobility
    Senior Management trying to drive change

    Cons

    Political and hierarchical
    Race discrimination- people stick to their own kind and lack of diversity. Local bank work environment rather than multinational bank.
    Process focused workforce - limited commercial vision
    Poor systems and even worse project management
    Big Bang approach to change rather than well planned and methodical- leads to wasted resources and frustrated employees when projects go live
    Unfriendly
    Zero work life balance

    Advice to ManagementAdvice

    Continue the push for diversity and calling bad behaviours
    On the job training is not working - reinforces bad processes and there is ab underlying unwillingness to change. Need regular shake-ups and proper training for existing and new employees to limit attrition

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

    Cary and DB just ok

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Vice President Software Development in Cary, NC (US)
    Current Employee - Vice President Software Development in Cary, NC (US)

    I have been working at Deutsche Bank (more than 3 years)

    Pros

    Money is very good, Most managers leave you to do your work, environment is nice and improving

    Cons

    All decisions made in London, No governance in IT, Lines of business do what ever they want regardless of IT strategy, cost or regulation.

    Advice to ManagementAdvice

    Give teams in Cary authority to make decisions. Move IT work out of the three most expensive cities in the world.

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

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