Great starting pay, excellent teachers and remote training, HUGE expectations at slower branches, local management was horrible!!
Account Manager (Former Employee) – Northern Alberta – January 13, 2015
I worked at a small town branch.
I worked for this company for a short time, I wizzed through the training and found that to be great, but I was coming in when one account manager had quit and the other was leaving to go to school.
The Branch at my branch was far too busy to sit in on Mutual Fund transactions and got frustrated when I needed her support. This is very shady!! I asked to train at another local city branch with an account manager 1-2 days a week until I got on my feet and she refused. I had done only 2 mutual fund transactions which she had to approve at the end of the appointment, but was far too frustrated to carry on without support.
I don't think this is the intention of RBC as a whole but it put me in a very frustrating situation where I had the choice to continue blindly possibly breaking mutual fund law or to leave the company.
I re-signed a week later.
The starting pay is great, M-F work in a respected sector was fantastic, but all in all RBC is quite pushy to their staff to achieve high sales figures. I have heard of many staff from my time working there going to smaller provincial credit unions where there is less pressure and more focus on teaching the employees to be financially informative, not exclusively salespeople.
Good starting pay, M-F Work Hours, friendly work environment, Interactions with local people.
Pushy sales goals that align more with sales and less with good financial advise, Poor management at my branch.