- Work/Life Balance
- Career Opportunities
- Comp & Benefits
- Senior Management
NatWest Group Jersey City, NJ (US) isn't hiring right now. Check out all NatWest Group jobs
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
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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I applied through a recruiter. The process took 1 day. I interviewed at NatWest Group (Jersey City, NJ (US)) in March 2011.
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