Accounting - Jacksonville - Product Control Deutsche Bank Employee Review

1.0
Jan 29, 2018
Recommend
CEO approval
Business Outlook

Pros

They lure candidates in with good pay and benefits

Cons

Where to begin, you could quite seriously write a dissertation on the poor career quality at this place. I have been in the Jacksonville office for 4 years and have seen countless scenarios of amazing performers being turned down for the ONCE A YEAR promotion process (no you cannot be promoted outside of this annual process) to Associate/AVP etc due to politics and department caps, yet absolute garbage employees being hired for Associate/AVP externally. Your entire job here is soul sucking because you spend all day every day fixing "breaks" between systems that the company is too cheap to properly implement. There is no IT here, only clerks in India with a poorly written manual and a manager demanding they close out the work ticket. Constant reorgs trying to figure out how to fix the myriad of issues yet they only serve to give certain people promotions while the others suffer and are left confused as to who they report to. At the end of the day you just have MORE bosses. Toxic work environment where the managers won't even talk to you or acknowledge your existence unless you quit, then they get upset because once again they have to go through the painful round of hiring a candidate which due to company bureaucracy takes between 3-4 months. If you are applying here don't give notice until just before your start date or you could go without a paycheck for months. A lot of people just quit the department to go to a competitor in town BEFORE bonuses were even paid out, that speaks for the desperation to leave and the sub par quality of bonuses. There is zero recognition for hard/above and beyond work because either your manager will take credit or simply no one cares. Once again only those favorites will get a promotion. Complete mismatch between companies stated values and actual quality of work. The department also makes the foolish mistake of only having one person trained on a unique role so that if you decide to move internally you will be stuck training your replacement for months on end, or if you quit they beg you to train your external replacement, who won't start for months.....Maybe other departments are okay to work for but certainly not product control or whatever they decided to name themselves today. If you are a manager elsewhere looking to hire a DB employee don't look down on the fact that someone here hasn't been promoted, chances are they deserved to be many times over, DB just doesn't promote promotions.... You can't even begin to explain how poor the work environment is here, you just have to witness it. Or maybe ask around.....

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Pros

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

Cons

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1.0
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CEO approval
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Pros

Location in NYC Class A building

Cons

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