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CIBC
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CIBC Pay & benefits reviews: Senior Fund Accountant

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3.7Work-life balance
3.5Pay & benefits

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Found 8 reviews matching the searchSee all 3,490 reviews
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Ok place, terrible work/life balance depending on what team

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Learned a lot on the products serviced with for our clients. Work/life balance was terrible and compensation needs to be increased to prevent constant turnover.
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With a game room, but without a time to play

Busy working environment, by following the finance market, the working time is unpredictable. Salary is in a range of mid-level, but by comparing with the effort you need to put into the job, I feel I got paid less.
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A good start for new grads

A good start for new grads if you want to get experience in the financial service industry. Pay is lower than average, while the 3-weeks vacation and other benefits are not so bad.

Pros

Friendly co-workers

Cons

long hours
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Great Company

CIBC Mellon is a great company to work for. The people are amazing and the company gives really good benefits. The managers are very approachable and friendly.
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good place for fresh gradute who wants to get in financial industry

-good place for fresh graduate who wants to get in financial industry. -really nice colleagues and good workplace culture overall -long working hours, however OT payment is possible depends on the positions.

Pros

workplace culture

Cons

overtime & long hours
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nothing good to say

- Turnover is incredibly high in the ETF valuation teams. My manager is particularly slow at replacing staff despite staff providing more than adequate notice of intention to leave the company. - Standard work times are 10:30am to 7:00pm. These times make commuting, and life balances incredibly difficult. Working late is incredibly exhausting as 1 hour of overtime requires staff to leave at 8:00pm. - Staff in the operations level are incredibly disposable. The company has relocated staff from downtown Toronto to Markham and Mississauga with minimal notice to staff. In addition, salary is ridiculously low compared to competition. - Employees seeking permanent residence are promised full time employment upon completion of employment contracts. However, managers will withhold full time status of these employees even after these employees have satisfied the 6-month probation period, forcing employees to sign one-month contract agreements with recurring roll-overs, month-after-month. - Staff are vocally humiliated in front of entire department for making minuscule mistakes. - Very little room for growth in operational departments. The company has removed many titles, narrowing the already limited corporate hierarchy within operations. - Most overtime is not claimable. Overtime requires pre-approved authorization from supervisors/management. This requirement is incredibly unfair to staff as there are many delays that cannot be predicted, such as pricing delays and system outage. Thus, staff are required to work many hours for free. In addition, most days staff are unable to - 

Pros

young staff

Cons

listed in review
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Good working culture

The working culture is good, especially for your first job after university. The learning curve is steep but short. The working hours can be long esp during year end and financials. It is a good stepping stone, but one must move on after they get promoted.

Cons

Long hours
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No growth within the company

Repetitive work. High chance of being pigeon-holed. Good starting job for new graduates. No growth within the company.

Pros

Easy repetitive work.

Cons

No growth within the company. Very long hours on occasion.
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Overall rating

3.8

Based on 3,490 reviews
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Ratings by category

3.7Work/Life Balance
3.5Salary/Benefits
3.5Job security/advancement
3.5Management
3.6Culture

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