Deutsche Bank Reviews

Updated 15 September 2014
Updated 15 September 2014
1,183 Reviews
3.3
1,183 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Deutsche Bank Co-Chairmen & CEO Jürgen Fitschen & Anshu Jain
Jürgen Fitschen & Anshu Jain
297 Ratings

Review Highlights

Pros
  • Good work-life balance and a global footprint help one explore the corners of the world (in 104 reviews)

  • Change is the only constant - a highly dynamic work environment (in 62 reviews)


Cons
  • The work life balance is crap and if you want to transfer between teams forget it (in 41 reviews)

  • It's very much a grind and long hours and can get quite confrontational (in 45 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    -

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

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

    Pros

    up to 18 months salary

    Cons

    no work-life balance, employees are overworked

    Recommends
    Neutral Outlook
    No opinion of CEO
  2.  

    Non Colloborative Culture

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

    I worked at Deutsche Bank as a contractor for less than a year

    Pros

    Free Parking and Convenient Eateries Nearby.

    Cons

    Unfriendly working environment. No one wants to share. Management is stifling.

    Advice to ManagementAdvice

    Don't send department wide emails telling people not to speak English in the common areas - that does not look good on your cultural diversity kudos. I'm 100% English and I'm ashamed to have experienced this.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  3.  

    get ready for the firehose...

    • 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

    - Deal volume
    - Access to opportunities

    Cons

    - teamwork is not part of culture
    - old boys club/frathouse mentality

    Advice to ManagementAdvice

    culture is toxic. Associates and Analysts do not help out - you are on your own to learn

    Doesn't Recommend
  4. We want your feedback – Are these company reviews helpful to you?  Yes | No
  5.  

    Contractor

    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Deutsche Bank as a contractor for more than a year

    Pros

    Talented people, good work experience, opportunities, time off schedule and other key benefits that I heard of but did not get any since I worked as a contractor. Great place for someone who is result oriented.

    Cons

    Very limited access to information to do job, not sure if it was because of my status as a contractor, the manager style or company policy, which limited my ability to do my job.

    Advice to ManagementAdvice

    From a contractor's perspective - improve inter-group communication to be more open and transparent.

  6.  

    NY IT all about cost/headcount cutting

    Former Employee - Anonymous Employee  in  Jersey City, NJ (US)
    Former Employee - Anonymous Employee in Jersey City, NJ (US)

    I worked at Deutsche Bank as a contractor for less than a year

    Pros

    Perhaps if the company / IT org gets turned around.

    Cons

    Observation of a recent contractor and former employee. Bare bones IT headcount while an increase in the amount of IT governance and regulatory policies to be followed. Outsourcing of everything is not always effective. Hard work with a view toward doing the right thing is sometimes overshadowed or trumped by politics and not valued.

    Advice to ManagementAdvice

    You can't create an environment that's all about cost reduction and also say you are (or want to be) an "employer of choice".

  7.  

    Worked as an analyst at DBOI, the work was way too lethargic and monotonous

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Analyst  in  Mumbai (India)
    Former Employee - Analyst in Mumbai (India)

    I worked at Deutsche Bank as an intern for less than a year

    Pros

    An office with brilliant infrastructure, decent colleagues

    Cons

    Very monotonous job, slow growth.

    Advice to ManagementAdvice

    HR should be more clearer with explaining job profiles before hiring.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  8. 1 person found this helpful  

    Employer of last resort. Consider another industry.

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

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

    Pros

    Exposure to many smart people. Fast computer. Good work from home flexibility. The time off policy, if you can use it, is generous. The resume line is nice too, for now. Very smart people are attracted to the DB brand so you get to work with them for a few months or a year or two before they leave, or until you do.

    Cons

    Soft compensation. Tough industry. Unsustainable employment strategy. Lack of strategic direction. Ineffective HR. Lack of expertise: blind leading the blind. Confrontational behaviors, occasional bullying due to competitive rating system. (quiet people with alot of talent but who aren't aggressive don't really get much justice out of the bell curve rating scale) Promotions get held up due to HR not knowing what they are doing. Good people getting burned up. Napoleonic politics. Weak training. Long arbitrary hours and not due to actual needs, but usually due to bureaucracy and inefficiency. Weak technology implementation and SDLC.

    Advice to ManagementAdvice

    Evolve. Mature. Talent will come back and this once great firm could be great again.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  9. 2 people found this helpful  

    Too much change, too little leadership

    • 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 Deutsche Bank full-time for more than 5 years

    Pros

    Tier 1 Bank
    Good people
    OK Compensation

    Cons

    Too much change at senior management level
    Too much politics
    Promotions based on talking ability not outcomes

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  10. 1 person found this helpful  

    Lean times

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Deutsche Bank

    Pros

    Good people to work with, high entrepreneurial spirit.

    Cons

    Lean times have kept an intense scrutiny on cost.

  11.  

    Organisation heavy with Vendors .Do not encourage and promote Technology Professionals

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

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

    Pros

    Office Culture is OK .Nothing too exciting . This organisation in India is run by Operations Head with least or minimum participation from IT Leaders

    Cons

    Development Centre for Promotion is eye washer . Mostly people from Operations and IGT get promoted . Global CIO is preaching to be technology focussed but fact is in the current restructuring IGT and Operations Leaders assigned responsibilities to run Technology organisation as CIO's

    Advice to ManagementAdvice

    Remove DC immediately its only doing more loss than anything else . Please have right technology Leaders hired to run technology centres if you really want to get benefits of Insourcing . Worry is current process will only make technology week further and same IGT leaders will say previous structure was better and there will not be any results achieved

    Recommends
    Positive Outlook
    Approves of CEO

Worked for Deutsche Bank? Contribute to the Community!

Your response will be removed from the review – this cannot be undone.