Deutsche Bank

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

Deutsche Bank Reviews

Updated 19 December 2014
Updated 19 December 2014
1,296 Reviews
3.2
1,296 Reviews
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Deutsche Bank Co-Chairmen & CEO Jürgen Fitschen & Anshu Jain
Jürgen Fitschen & Anshu Jain
340 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 70 reviews)


Cons
  • No work life balance; morale could go down at times (in 47 reviews)

  • a culture of long hours where they aren't required (in 63 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1. 2 people found this helpful  

    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.  

    Good culture, let down somewhat by 'revolving door' middle management and disruptive re-orgs

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

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

    Pros

    Salaries are broadly in line with industry peers
    Good culture with respect to social events; corporate social responsibility
    Work life balance often viewed better than US peers
    Senior management strategy is clear and good however sometimes diluted by middle management political agendas

    Cons

    Stack ranking rating system is often applied at too small a sample set and can be catastrophic for morale and increases turnover of high performers
    It is an organisation where often perception and visibility can be more important for career growth than delivery
    Senior management mistrust of middle management can result in an overly bureaucratic culture where even tiny things require an excess of management level approval

    Advice to ManagementAdvice

    Listen to people on the ground, remove further layers of ineffective middle management
    Rate staff based on delivery, reduce internal politics
    Increase accountability and responsibility; allow the right people to make the right decisions

    Recommends
    Neutral Outlook
    No opinion of CEO
  3.  

    It was fine

    • 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 (more than 3 years)

    Pros

    Good People
    good work life balance

    Cons

    lots of external employment
    bad morale

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


  5.  

    Constant Re-organisation in IT

    • 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

    Very process driven, conservative company.

    Cons

    Aggressive cost cutting in IT yet many expats moving to APAC to take on management roles with limited exposure on asian culture. Career development lacking for locals.

    Advice to ManagementAdvice

    Develop your APAC management team not around the expats.

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

    Mumbai Office

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Deutsche Bank

    Pros

    Competitive atmoshpere, Team culture, growth as per the work

    Cons

    Long working hours, At times trivial tasks (imposed)

  7.  

    Very promising career path if you want to jumpstart into something exciting.

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

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

    Pros

    Good environment to learn with. Full of exciting lessons especially on a whole investment banking spectrum. You get rewarded if you really perform well.

    Cons

    Overtime work never gets dull and old. Prepare to be swamped with lots of work loads; well normal for an investment bank. Salary is not really that remarkable. If you are going to weigh the cost and the benefit of you being in this bank, you might as well look for another opportunities - not a good company for a pay pocket. Benefits other than your salary, nothing.

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

    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
  9.  

    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
  10.  

    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
  11.  

    TTH (Train to Hire)

    • 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

    Pros

    personal growth, reputation, training and knowledge

    Cons

    long work hours, disorganised management at times

    Recommends
    Positive Outlook
    No opinion of CEO

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