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RBC / Banque Royale du Canada


Size of company: Large (More than 500 employees)

Industry: Bank, Insurance, Financial services

  • This bank has a very disappointing mid-level and senior management layer who can't collaborate and focus on results and long term expectations. In the IT space where I was the mess was driven mostly by contractors who had no idea what they were doing, not because their own lack of incompetence but because of their leaders lack of vision and incompetence who were also contractors hired "to do great things" for RBC. I saw contractors in high level roles behaving in a despicable way with full time employees who spent years of good work on building that foundation so they can come in and make big bucks while contracting. Senior executives can change project directions overnight with no consultation and feedback from the teams and they name that "agile transformation" or agility. People underneath won't challenge or rationalize the decisions and will toss the work on the teams who struggle to change directions and adapt . Almost everything that is wrong in the books about software project management and R&D I have seen unfolding in this bank and this is pretty sad story to swallow especially after you are being laid off with no clear justification and know well your stuff. I am not saying that this can be seen everywhere across the bank but many departments experience that. I found this very unethical and contrary to the hype that RBC is advertising and trying to sell you when get hired. Working for this bank can be hit and miss so be very careful before you commit.You don't want to be a victim of somebodies else incompetence and lack of true leadership who will manage to remain employed by the bank and even get promoted after you get out.

    Posted on 4 September 2017 by Rater #442 | Flag as inappropriate

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