CIBC Employee Reviews for Finance Associate
Finance Associate32 reviews
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Great place to grow and develop as a young professional; works with very notable, high profile, and reputable Canadian clients . Very team-oriented culture. Management open and very approachable — both with respect to day-to-day operations and with to long-term growth initiatives.
Wages are descent in the upper level but the front line staff, first face to face with customers and the referral of potential business staff should be given more training, respected and valued more and definitely paid more.
Room for advancement
stressful and competitive environment
The company has excellent benefits and you need to be sure to take advantage of them all as they will definitely increase your earnings. It is a very fast paced environment and you need to be comfortable learning on your own as you can never learn or remember all the information you will need to do your job so it is a continual process.
All in all Cibc, was a great place to work and move up the ladder, until I was promoted to a FSA, the one Advisor was not nice, not flexible, not helpful, critical and was not looking out for me in any way shape or form. It made me look elsewhere for work, and once I got the opportunity to leave, I took it. But I really missed my other position out of the 10 years I was there.
I liked CIBC. The balancing when you are first learning can be sooooo stressful, compared to working at RBC, where your end of day balancing is so easy and fast. A great place to work in different positions and move up the ladder. the Bank got to a point in pushing us to get customers to open new accounts, loans or apply for credit cards. I am not one to push products on clients unless they will benefit from it. So I did check accounts and ask questions to see if clients were interested. Some employees would open up new accounts just for their own gain though.
Learned a lot about retail banking and some investment banking. The people are quite friendly and I was lucky to meet some great people that made it a great place to work. Some managers were great, others not as much.
Good culture overall
Compensation not competitive
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Finance Associate positions
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
CIBC is an great place to work. You have your yearly income and also receive a bonus at the end of the year based on your achievements. Since CIBC is always changing you just never know when your job might be redundant.
staff appreciation days with lunch
not paid enough for the job I was doing
I have not worked there for a very long time. But bank culture is sell, sell, sell. So even if you are taking an admin job, you will be expected to sell. Worked with some very nice people and I think it's great start for college students wanting to gain experience.
I provided support for Small Business Manager of High Value clients with their everyday banking needs. I met with her and was instructed which clients were in need of assistance and how to best meet their needs. I processed the DOL report, renewed investments as needed, processed telephone and wire transfers, both Canadian and US currency,I booked my managers appointments and ensured she had the appropriate paperwork to meet clients needs. I learned so much at this job, but was only guaranteed a set amount of hours per week.
not enough hours