Commerzbank AG
3.7 out of 5 stars.
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Working at Commerzbank AG: 47 Reviews

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United States47 reviews

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3.8Work-Life Balance

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The most useful review selected by Indeed
Role was a good stepping stone. Location downtown is good. Beautiful views from the office. Managers are mixed and if you are aligned with the right people you will do well.
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Given lots of trust and responsibility early in career

-Given lots of trust and responsibility early in career -International work environment-Opportunity for international travel-Smart and kind colleagues
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Commerzbank AG insights

Based on 16 survey responses
What people like
  • Clear sense of purpose
  • Ability to learn new things
  • Ability to meet personal goals
Areas for improvement
  • Time and location flexibility
  • Support from manager
  • Overall satisfaction

Great place to work

I worked in HR years ago and they are still my favorite employer. They gave you the same generous benefits they give in Germany. As long as you are a great worker, they are open to advancing your education and upward mobility. Management has an open door policy for the most part.
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Good bank, good culture, bad pay

OverallWorked in the Capital Markets group doing global alternatives... was a good group that had industry leading performance but the pay was so bad they had a hard time retaining talent
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Poor Leadership

Poor leadership environment, staff turnover extremely high. Procedures changes all the tmes. Head Office always disegree with New York Branch. Team leads review your work differently.
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short term project

short term consulting gig. Supposed to be 30 days but turned into 3 months. Work was straightforward and I came in at a time of major transition. No complaints on my end.
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Great atmosphere and good work-life balance.

Great professionals to work with. Commerzbank is an institution that cares about their professionals and good work and life balance. Good benefits and lots to improve you professionally.
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Stay away

The Management is inexperienced, arrogant and ignorant, this creates for an extremely toxic environment. The place is a revolving door. Employees work for three months and then they leave. They have a going away party every month for someone. Do yourself a favor and please look somewhere else, this place is not worth it and you will not be appreciated for your efforts and work.
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Much work still to be done

The most enjoyable part of the job was the teams I interacted with internally within Commerzbank AG. The drive to make the bank better required all hands on deck.
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Worked with a good team.

A typical day is fast paced, however there is good support from the cross functional teams to deliver value to clients. Team work is paramount in arriving at decisions for the business. Good management team and work culture. Enjoyed the work experience, the team and the work life balance.

Pros

Good work life balance, Flexible hours

Cons

xxx
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Poor Culture

Management has no clear strategy and are not realistic with their expectations given the bank's lack of product platforms. Overall, the culture was horrible with many people speaking Spanish for work related conversations even though some people did not understand the language.
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Loved working there

I loved working there for over 30 years, until job was outsourced. Was offered different position, but decided to leave and pursue other interests. ...
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Commerzbank was a good place to work for

Commerzbank was a growing organization with a dedicated management team, however, the bank curtailed operations significantly following financial crisis.
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Antiquated company struggling to survive

Pros: Great work-life balance Cons: Antiquated model. No compensation (as in you'll NEVER receive merit increments or substantial bonuses), no employee retention. High turnover rates. Poor management. Poor work culture. Germans get promoted to high ranking roles. No women in leadership roles. No growth. As management has made it clear on multiple occasions, there will be no merit increments offered. Employees should come in at least 40% higher than the market rate. Employees will not be retained irrespective of the knowledge they carry with them. Super high turnover rates. No growth or reward opportunities.
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Commerzbank

The climate is very political, given that the bank is partially owned by the government. Work life balance is pretty good and benefits are definitely above average. However, variable compensation are probably below average.

Pros

Benefits

Cons

unhealthy culture
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First job out of grad school

The job itself wasn't too difficult at first as I was just out o grad school, but as I got to know more about the work environment I did ok there. Could get competitive at times.
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Great place to work

NY office has a good culture and I learned a lot in the role. Management was flexible with work hours and communication was smoothly running. Great growth opportunities.
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Very fun and fast paced environment

Very fun and fast paced environmentGood people and great managersVery demanding and work on weekends. Friendly and courteous co workers. We all work together as a team to resolve issues.
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Good work life balance with a caveat

The bank offers a healthy work life balance and good benefits. However, it can be limiting in terms of career development as it is a small presence in New York.
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awful place.

awful place to work. although the benefits are probably the best in the industry, the management of this firm is horrendous. turnover is approximately 70% consistently. People do a year and leave, if not less if awarded the opportunity somewhere else. move on.

Pros

health benefits

Cons

everything else is miserable.
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Good place to work.

Worked there for 30 years. Fast paced environment. Good opportunities and benefits. Management overall ok. Great colleagues. Downsizing/outsourcing in progress.

Pros

great benefits

Cons

downsizing/outsourcing in progress
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Overall rating

Based on 138 reviews

Ratings by category

3.8 out of 5 stars for Work/Life Balance
3.6 out of 5 stars for Compensation/Benefits
3.2 out of 5 stars for Job Security/Advancement
3.1 out of 5 stars for Management
3.4 out of 5 stars for Culture

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