CIBC
CIBC Employee Reviews
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good place to start your career
Financial Service Representative (Current Employee) – Toronto, ON – 16 August 2018
have to deal with back to back clients and sales targets.good management with good chance to move through career but only to certain departments mostly lateral.
Decent place to work
Mortgage processing officer (Former Employee) – Scarborough, ON – 15 August 2018
People were pretty friendly but I felt it was a bit difficult to advance there. I was nice that there were different cultures and background of people so it made it interesting. Work hours and life were pretty flexible at first but they eventually got stricter and was not lenient after my last year there at CIBC. If you like banking and sitting at a desk all day it is a decent place to work otherwise I don't really recommend this place to everyone.
Pros
pretty good benefits
Cons
People you work with can be miserable
sales
COMMERCIAL ACCOUNT MANAGER (Former Employee) – Montreal, Qc, Canada – 15 August 2018
this is a sales position - financial advising in a bank. Sales targets are unrealistic and management expects very long hours from employees. Benefits are great and salary is good.
Pros
benefits
Cons
sales targets too high
Stepping stone for opportunities in other bank
Sr Manager Finance (Former Employee) – Toronto – 15 August 2018
There are lots of nice people to work with in the group. However, not everyone is qualified to do the job, as CIBC is not able to attract the best talents when offering the below-industry-standard pay. On the flip side it will be easier to shine among the team if you are smart and hard-working individual .
Outsourcing initiative causes lots of problem: losing job and experience; Accenture is not performing as it should and cause many accounting errors; retained employee need to cover Accenture's mess in addition to their own assigned work.
Outsourcing initiative causes lots of problem: losing job and experience; Accenture is not performing as it should and cause many accounting errors; retained employee need to cover Accenture's mess in addition to their own assigned work.
Pros
Lot of good people to work with
Cons
high turnover, outsourcing, not competitive pay
Small Canadian Bank that Treats you Decently
Liquidity Management - Senior Analyst (Former Employee) – Toronto, ON – 15 August 2018
The smallest and most laid-back of Canada'a five major banks. Pay is decent for the amount of work expected if you are in a level six to eight position.
learned alot in a short period of time
Teller (Former Employee) – Fort McMurray, AB – 14 August 2018
I worked at CIBC for 2 months only and had to leave because of pregnancy . I enjoyed the time and learned a lot in a short period of time . A nice place and lovely environment surrounded by nice people .
Good to their employees
MOBILE INVESTMENT CONSULTANT (Current Employee) – Burlington, ON – 14 August 2018
CIBC expects very little from their employees to the detriment of the clients. There is a lack of discussion about the clients bigger picture including planning so they can understand what retirement will look like. Lack of accountability and action taken to help everyone at the branch level hurts the momentum of the bank.
Pros
low expectations
Cons
hard to hit targets
Managr front line of the bank
Financial service associate (Former Employee) – Brantford ,on – 13 August 2018
Assist with customer service reps prepare and open vault for the day. Different combinations needed to get bank open and ready servicing the clients. Cash recyclers used for cash to clients. CSR has a target to meet for referring clients to correct partners. answer phones deal with any client problem r complaint.
enjoy the people management of the team, help assist them to answer client inquiries and reach individual target.
I have learned, scheduling to meet business needs for each day.
coaching employees on gaps that they may have and how to fill those gaps to be a successful CSR.
Experience in hiring candidates that fits the team and the business unit. expertise in interview skills and choosing the correct candidate.
Being manager of client experience entails monitoring the audit binder. Ensuring daily, weekly and monthly duties are completed for when the audit visits the branch., Such duities include cash counts and limits are appropiate. Review of branch offices are completed i.e. locked confidential information is completed. Testing of bank alarms are completed quartely
enjoy the people management of the team, help assist them to answer client inquiries and reach individual target.
I have learned, scheduling to meet business needs for each day.
coaching employees on gaps that they may have and how to fill those gaps to be a successful CSR.
Experience in hiring candidates that fits the team and the business unit. expertise in interview skills and choosing the correct candidate.
Being manager of client experience entails monitoring the audit binder. Ensuring daily, weekly and monthly duties are completed for when the audit visits the branch., Such duities include cash counts and limits are appropiate. Review of branch offices are completed i.e. locked confidential information is completed. Testing of bank alarms are completed quartely
Pros
Eosp
Cons
long hours
Cibc
FULFILMENT SPECIALIST / WORK PACKAGE LEAD (Former Employee) – Toronto, ON – 13 August 2018
Good teams and Managment. I was able to build my project skills and work with many different teams.
Project Managment team very professional and organized.
Project Managment team very professional and organized.
Pros
Great enviorment
Cons
None
Pretty good company to work with
Senior Financial Analyst (Former Employee) – Toronto, ON – 12 August 2018
CIBC is a major bank in Canada. The bank is very lean and mean type, especially at lower levels. They treat the employees well and have good work ethics, professional behavior etc. They will find ways for more efficiency, either by technology or by outsourcing etc. Somehow, the bank has not done as well as other major Canadian banks over the years, however, that could change.
Good place to work
Outbound Financial Service Representative (Current Employee) – Toronto, ON – 8 August 2018
none Please see resume. Work day start time 3 PM to 11 PM.
On the phone all day making sales. Hard part was to call clients after business hours. The people I worked with were a great support and very hard working.
On the phone all day making sales. Hard part was to call clients after business hours. The people I worked with were a great support and very hard working.
Pros
People that I worked with were the best.
Cons
Working to late hours.
well organized and training supported
Sr Analyst (Former Employee) – Toronto, ON – 8 August 2018
CIBC is great company. It's my first job, the onboarding process is very smooth. New employee can get HR orientation. It's very helpful. Their lunch and learning program is also very useful.
Productive and fast paced.
Payment Officer (Former Employee) – Toronto, ON – 7 August 2018
CIBC work life is fast paced, develops your independent and teamwork skills, also provides benefits for employees. I would say CIBC is the perfect place for newcomers and graduates to get situated with corporate work and expectations.