RBC reviews

Poorly managed place in the controlling side. Senior management is clueless in the controlling side so there is no motivation for anyone to excel. Worse they are transitioning jobs in controlling to Canada. So beware before joining here. Layoffs even though the bank is making money. Layoffs even for folks rated outstanding. Not because the bank is not making money. But because Toronto is cheaper. Problem I see folks in Toronto can't compete with folks in Wall Street. Management doesn't see that way though. Hope the us government makes them aware that there is a cost of doing business in us.

the wage is only great for entry level positions (CSRs) but when you move up to e.g. account managers the pay is too little for the effort you put in cuz the sales pressure is high. moving directly up (e.g. CSR to acct manager to senior acct manager) isn't too too hard IF you do great with sales but if you want to change departments it's a little tougher. and for higher level positions you really need to know people. also the annual raise is so little it's not even funny. most of us rely on the bonus, which is based on both your personal and the team achievements.