Could be so much better. - Assistant Vice President Deutsche Bank Employee Review

3.0
8 Mar 2014
Recommend
CEO approval
Business outlook

Pros

If you're on the right team, everything is great. Mobility opportunities, advancement opportunities are plentiful as well - on the right team. Very easy to network with colleagues in other locations to build a personal network that is global. For a strong willed person, it is very easy to flourish. On the right team, work life balance is perfect. You could not ask for better. Compensation is great as well for the market, although it will need to be adjusted upwards over the next few years to account for new competitors. Smart, talented people are the norm. Very strongly defined set of company values.

Cons

Customer-centricity is the new push as a corporate value, but is little more than lip service on the ground. No KPIs have trickled down from the ExCo as to how this should be measured. The organization as a whole is too top heavy. Constant emails from different ExCos about people we have no interaction with changing job roles and taking over responsibilities that aren't even obliquely related. This happens almost monthly, to no real benefit. Constant re-orgs allow incompetent employees to hide and maintain their status. Little to no accountability for teams that manage vendors - the vendors always fail to deliver, and the teams managing them get away with it because of the constant re-orgs. Tech projects are almost always top heavy. Too many people with no idea about what it takes to build a product involved in the process giving invalid opinions, trying to be the smartest person in the room. Too many meetings, too much design by committee. Projects run over budget and under deliver as a result. Business partners aren't held accountable for the failure and move on to new projects to continue the cycle of ruination. Obstructionism by teams in other locations doing similar work is common. Land grabs for projects and people occur constantly with the re-orgs, allowing empires to be built. Middle management seems to solely be concerned with owning projects instead of delivering value.

Explore other reviews about Deutsche Bank

5.0
19 May 2026
Recommend
CEO approval
Business outlook

Pros

The work-life balance is good and teams are generally relaxed

Cons

The salary could be higher

1.0
31 May 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Location in NYC Class A building

Cons

Incompetent Senior Management in Investment Banking Untrustworthy, lack of purpose Dedication to DB does NOTHING For you They are discriminatory towards anyone over 55 +

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