Surrounded by talent but compensation structure not great - Assistant Vice President Deutsche Bank Employee Review

4.0
Nov 2, 2018
Recommend
CEO approval
Business Outlook

Pros

-Filled with talent and ambitious people that get things done, learned so much in my time there -Management recognizes performance, and will identify you and put you on the fast track to a promotion, so you can earn your way up there if you're young and not worry about being behind someone that's been there longer but not a high performer like you are, it's definitely more merit based -On the forefront of addressing/solving the most cutting edge/emerging issues/problems/etc. in banking

Cons

-Comp structure for AVP and below is just a base, then quarterly recognition bonus of 5% (eligible to get this quarterly, up to 2 quarters in a year, so 10% max a year), and then a 5% variable bonus, so if you're not recognized as a high performer, you might only get your base + the 5% variable -Once you get VP and above, you'll get base + a variable bonus again (20%+ depending on your role and level), but internal promotion raises are not great (9-15% raises) -Lots of bad press directed at DB right now, so reputation might be down, but bank is not going anywhere, anytime soon

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5.0
Apr 20, 2026
Recommend
CEO approval
Business Outlook

Pros

Good wlb and, hybrid culture

Cons

This job is not fully remote

1.0
May 31, 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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