RBC reviews

3.9

73% would recommend to a friend

(11,009 total reviews)
avatar

David I. McKay

91% approve of CEO

74% positive business outlook

RBC has an employee rating of 3.9 out of 5 stars, based on 11,009 company reviews on Glassdoor which indicates that most employees have a good working experience there. The RBC employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

11K reviews
5.0
Oct 12, 2014
Recommend
CEO approval
Business Outlook

Pros

You will learn how the markets function and the benefits of registered plans. They will pay for your license and all the courses that lead up to this event. They will support your continuing education by reimbursing further courses taken by CSI. The environment is very friendly as we go out every few weeks to socialize. You will know everyone in the office on a first-name basis. They recruit great talent and it's an incubator as people move on to greater roles outside of the company after two years. They have a great training and support system, that's the key to our success. We have senior staff that answer our questions or help us look for the answers when the matter becomes too complex.

Cons

Within Direct Investing (DI), There is little room for continuing growth. While there are tiers within the Invest Service Representative (ISR), you have to change business units to attain higher roles as there are few internal senior positions available. A typical move would be to switch to Dominion Securities (DS) if you want to manage client's accounts or move to Toronto if you want to do any type of analysis. Many of my colleagues change financial institutions as they have more opportunities in Montreal. We are moving to a building located on Parc Metro. This is taking away the prestige and convenience of working downtown. Also, you might be turned off by working in a call-center environment.

2.0
Oct 9, 2014

Missing the boat

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Generally good people, decent benefits, organizational growth underway in US which opens the possibility of positive change. Financially strong parent provides a degree of security during bad times.

Cons

Parent company is very bureaucratic, slow to react, lacks sense of urgency, misunderstands US market. Pinches pennies in all the wrong places - e.g. Technology platform is antiquated (quite literally, obsolete - IE 7, Microsoft Office 2003, major latency issues....make day to day activities daunting) and the organization is seemingly unwilling to fix it. Notable gender bias, although that is unfortunately not unusual for the industry. Mentally exhausting place to work.

3.0
Oct 9, 2014

Positive on balance

Recommend
CEO approval
Business Outlook

Pros

great work-life balance, caring culture, opportunities to move between departments within organization, better pay than other big 5 banks (allegedly)

Cons

old-school culture with ingrained habits, hierarchical culture with multiple approvals required, "put in my time and go home" mentality, lack of top young talent, meager employee perks (I can get a better mortgage rate by shopping around than taking employee discount)

Viewing 10594 - 10596 of 11,009 Reviews

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