Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

 RBC Dexia, Royal Bank of Canada & Dexia

views
     
lurvdesignersbag
post Mar 22 2011, 12:25 AM

New Member
*
Junior Member
20 posts

Joined: Jan 2010
QUOTE(martin_heng @ Mar 20 2011, 09:13 PM)
I am leaving Cimb Investment Bank to join RBC Dexia, hope i would not regret...
*
you are leaving CIMB IB to join RBC?!!! are you serious????
Im planning to leave RBC and join IB and ya leaving IB to join RBC hmm......
what position they offering you? Fund Accountant?



This post has been edited by lurvdesignersbag: Mar 22 2011, 01:06 AM
lurvdesignersbag
post Mar 22 2011, 01:06 AM

New Member
*
Junior Member
20 posts

Joined: Jan 2010
I've been with RBC for few months, joined as FA (Fund accountant)
At first don't know anything, thinking wow RBC Dexia, Canada-Lux Intl Company,
the benefits and treatment towards stuff must be world class as well!

And now i put my hands on the real battlefield, everyday rushing for deadlines, submitting NAV for each funds
and i saw lotsa candidates coming in and out from the interview
and then i started to think that wow rbc must be really aggressive and committed in expanding msia market
but then i observe and observe again
and then i found out, non of the FA sitting around me are happy people except for those new joiners who has yet to taste the real boredom of FA
they complained a lot, about the benefits, about the treatment, about rbc is expanding too fast that they only focus on new blood but ignoring the skilled and senior staff blablabla
and onli then i found out the truth about 'if you ain't the best, you dont deserve the yearly bonus!'
since then my heart kept on bleeding (dreams broken) and i've been out searchin for better opp

for all freshie, if you are up for money, really desperate for money and dont mind doing the same stuff daily, rbc welcomes you smile.gif
afterall this is all about back office, if your dream is to become like bigshot agent, let it be fund manager, broker or trader blablabla
im sorry but you have to look for somewhr else, this place is simply not for u
cuz we dont get to see client, we dont make any calls or decision,
what we hv to do is just very simple, make sure no mistakes on your funds and to produce the NAV on time,
any mistakes found, minor one, incentives will be stripped off, major one, you be too ashamed to stick with rbc

anyhow, i do enjoy the ride to rbc thou, it's traffic-less, unlike the hectic drive to the city! smile.gif
lurvdesignersbag
post Mar 22 2011, 07:07 PM

New Member
*
Junior Member
20 posts

Joined: Jan 2010
QUOTE(henry200 @ Mar 22 2011, 10:31 AM)
haha... practically everybody i know say's the same things about rbc ... if you have no ambition and would like to do repetitive work then it's the right place for you.
*
EXACTLY!!!
and you know what? all my seniors actly encourage me to work for any banks instead of rbc if the opp knocks on the door,
'just grab any opp that u hv, just go for it! you wont achieve anything by staying here!'

they were sincere, and they spoke it out from the bottom of their heart (i could sense that nod.gif )
and it keeps me wondering, why are they still staying here then? hmm.gif



This post has been edited by lurvdesignersbag: Mar 22 2011, 07:11 PM
lurvdesignersbag
post Mar 22 2011, 07:12 PM

New Member
*
Junior Member
20 posts

Joined: Jan 2010
QUOTE(popadelic @ Mar 22 2011, 03:47 PM)
hello, i would like to ask a  question,

1) is it normal for them not to state the amount of allowance given such as transport+shift allowance, the fringe benefit in the offer letter ?
*
the amount for all these allowances wont be shown on the offer letter
but during your 1st day in rbc, they'll distribute the employee handbook to all of yall, there you can get any information that you need
let it be medical benefits, inconvenience allowance (shift), transportation allowance & etc etc smile.gif
lurvdesignersbag
post Mar 23 2011, 12:19 AM

New Member
*
Junior Member
20 posts

Joined: Jan 2010
QUOTE(popadelic @ Mar 22 2011, 08:30 PM)
hearing this make me feel dont want to work there damn, but i cannot be choosy in picking out my first job, because i dont have any bargaining power because of my baad2 cgpa.. so i just grab whatever i can and see what the future hold for me after 1 year smile.gif
*
yup why not? just go for it!
at least u get a clearer idea on the real case scenario before you put ur hands on it!
no high expectation, no disappointment smile.gif

lurvdesignersbag
post Mar 30 2011, 05:58 PM

New Member
*
Junior Member
20 posts

Joined: Jan 2010
QUOTE(martin_heng @ Mar 30 2011, 01:38 PM)
Ya.Coz previosuely i at Cimb just an Retail equities Executive and getting vr less salary.If i was in Real IB which like treasury or CF those.Definately i wont leave.The job role in those IB normal admin or trading position is also kind of repeated(which i was incahrge both of it) .what i m feeling was why i don wan grab for a better offer and at least i learn some new thing.
*
i see... thanx martin_heng, at least now i can narrow down my search alrd smile.gif

 

Change to:
| Lo-Fi Version
0.0270sec    0.30    7 queries    GZIP Disabled
Time is now: 2nd December 2025 - 04:10 AM