CIBC
3.8 out of 5 stars.
Get weekly updates, new jobs, and reviews

CIBC Employee Reviews for Financial Representative in Victoria, BC

Job Title
Location
Found 7 reviews matching the search
See all 3,465 reviews
Featured review
CIBC selected this as a representative review
Job work-life balance
Salary/Benefits
Job security/advancement
Management
Job culture
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.
Was this review helpful?
Job work-life balance
Salary/Benefits
Job security/advancement
Management
Job culture
Corp-speak is that CIBC no longer has managers, only leaders. However, leaders are notoriously rare; managers are ubiquitous. I had one leader in the years I worked there; all the rest were managers. Just one example of the difference. The leader to whom I referred would stop, no matter how busy he/she was to ask, and meant it, how are you doing? Can I help? Managers only stop to berate; leaders stop because they care.Hypocrisy. It is said that CIBC cares for its clients, deeply. However ‘caring’ only extends to how many $$ you are worth. For example, the time one must spend to help elderly people who are confused, persons who are angry or the time to input data about POAs and estates (and other such necessary work) is not countable in the numbers BECAUSE THEY DO NOT MAKE REVENUE. The longer a manager has been away from the computer-driven work-life being done by those they say they are leading, the further their knowledge deficit grows. Their narrowed knowledge then allows them to justify piling up workloads on the basis of alleged scientific metrics. And their bonuses and much higher wages encourage them as managers, not leaders.
Pros
benefits: once you retire, if you or your spouse get critically ill or die before retirement
Cons
Many managers, few leaders.
Was this review helpful?
Job work-life balance
Salary/Benefits
Job security/advancement
Management
Job culture
Local management in my area is great, but senior management is out of touch. Here are some pros and cons. Cons: - lower pay than other banks - there is an attitude at all levels of the bank to "get lost of you don't like it here" - external hires are always paid more than existing staff - EXTREMELY glitchy, poorly designed and antiquated computer systems - terrible business banking team and products (dead-last among Canadian Banks) - constant cuts to "non-productive" support/service roles with tellers and associate/assistants - lack of tenured/knowledgeable staff - constant "gaming" by sales staff to inflate their sales numbers (no one is measured by the same standards) - poor culture that promotes mediocrity and underpays the most talented staff (this is done in a number of ways, primarily bonuses, pay structure and incentive programs) - fewer and fewer teller hours are available (many branches frequently operate with a single teller and no lunch coverage) - lots of inefficiencies with internal systems (for example, mortgage assumptions are done on PAPER and MAILED to head office, all RIFF GIC renewals are done via a manual form that gets processed several days later by the back office, mortgage documents are printed and assembled manually by the lender often taking 30+ minutes, the only way to inquire about a transaction is to order the original paper receipt, among other things). - employees are not valued and are treated like they are expendable (because they are) - client statements are not consolidated in one place (you may have to go to 3-4 different programs - more...
Was this review helpful?
Job work-life balance
Salary/Benefits
Job security/advancement
Management
Job culture
Pay sucks, it depends what branch you are, it can make your job fun or very stressful. Some managers are amazing, others are just garbage, as they have no formal training.
Was this review helpful?
Job work-life balance
Salary/Benefits
Job security/advancement
Management
Job culture
Something is missing with the training and motivation of new staff and actually old staff Otherwise great staff that motivate each other
Pros
Lots of them
Cons
Some managers didn't lead by example
Was this review helpful?
Rate your recent company
Share your experience to help others
Job work-life balance
Salary/Benefits
Job security/advancement
Management
Job culture
I am not interested in reviewing, this pop up wont go away. They were OK to work for. It had its ups and downs, but mostly a nice place to work.
Was this review helpful?
Job work-life balance
Salary/Benefits
Job security/advancement
Management
Job culture
if you are looking for a stable 9 to 5 job with good benefits CIBC is great , but with a confused corporate culture and a highschool work environment have lead me to seek a more professional culture that is client focused and believes in ethical practices
Pros
9 to 5 job
Cons
poor culture
Was this review helpful?
Job work-life balance
Salary/Benefits
Job security/advancement
Management
Job culture
I had a great experience form working at one of Canadian largest bank CIBC. Good team, great management, great job to do.
Was this review helpful?
Jobs at CIBC
Financial Representative positions, in Victoria, BC
See more jobs
  1. Financial Representative