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NatWest Group Jersey City, NJ (US)

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NatWest Group Jersey City, NJ (US) Reviews

  • Helpful (3)

    "A tough environment in a damaged company"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Director in Jersey City, NJ (US)
    Former Employee - Director in Jersey City, NJ (US)
    Doesn't Recommend
    No opinion of CEO

    Pros

    Benefits are good, not great
    Company understands that it has failed its employees and makes an effort to treat them with respect to compensate
    Compensation was very good before Bank of England takeover for those that were non traders ad investment bankers.
    Interesting business challenges to work on
    A lot of smart experienced people for early career associates to learn form

    Cons

    Compensation for non traders and investment bankers has fallen for some staff by as much as 60% as a result of the unwillingness to pay bonuses
    Firm is in strategic downsizing mode in order to pay back the bank of England and rebuild their capital base and risk profile
    UK politics are very prominent driver of the bank's behavior
    If you are a US employee, you shouldn't get too comfortable
    Lost a lot of talent the past two years
    Looks like a big UK bank with a big trading and payments business, not very global in a world where the ability to succeed in EM is important
    Very political, very insular management culture

    Advice to Management

    Management's inability to complete integration and separation with ABN AMRO (2 + years) and get on with the process of building a growing business that people can be proud to work for is a significant barrier to building long term success. Too many legacy "comfort senior managers? in lines of business, move em out, hire some energy make some tough decisions and get on with it. This is an almost completely non differentiated bank.

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NatWest Group Jersey City, NJ (US) Salaries

Salaries in $ (USD)
Average
Min
Max
1 employee salary or estimate
About $122k - $141k
$122k
$141k
About $122k - $141k
$122k
$141k
1 employee salary or estimate
About $110k - $130k
$110k
$130k
About $110k - $130k
$110k
$130k
1 employee salary or estimate
About $105k - $126k
$105k
$126k
About $105k - $126k
$105k
$126k

NatWest Group Jersey City, NJ (US) Interviews

Experience

Experience
100%
0%
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Getting an Interview

Getting an Interview
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Difficulty

2.0
Average

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  1.  

    Vice President Interview

    Anonymous Employee in Jersey City, NJ (US)
    Accepted Offer
    Positive Experience
    Easy Interview

    Application

    I applied through a recruiter. The process took 1 day. I interviewed at NatWest Group (Jersey City, NJ (US)) in March 2011.

    Interview

    Casual work-specific interview questions. The interviewer attempted to understand how I would fit in the organizational structure much more than required, I thought. I understood after joining why that was the case - the unit I joined was an entity they acquired from ABN AMRO and at that time, had a doubtful presence in US

    Interview Questions

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