CIBC
CIBC Pay & Benefits reviews
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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
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.
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.
Good place to work
Director, IT Risk Management (Current Employee) – Toronto, ON – 5 August 2018
The CIBC team has developed a great physical workplace, work atmosphere with social, health, financial and family benefits. Vacation and time-off are within expwctions and employee communications from Sr. Leadrship is quit good. Training and skills development is available each year and highly encouraged. CIBC pride's itself in community involvement.
Good Place to Work
Analyst (Voice and data network analysis) (Current Employee) – Toronto, ON – 3 August 2018
Good Place to Work, a Good place to learn and advance. Salary and benefits are good. A great place to express your skills and go above and beyond. Must network
Pros
Free lunches
nice decent job with very limited income
Financial Advisor (Current Employee) – GTA, ON – 2 August 2018
good white collar job but compensation is quite low compared to the work load, compliance and expectations. you have chances of growth but at a slow pace.
Pros
you can fiind job locally which saves you from long commute
Cons
Compansation is not at par with other industries
Its a great place to work
Customer Service Representative (Current Employee) – Brampton, ON – 30 July 2018
Everything is great about CIBC except remuneration. I work part time as teller. No sales pressure at teller level. Only crunch is working hours i wish they hire for min 30 rather than 15.
Pros
Job security
Cons
Wages
highly recommend
Snr CSR (Former Employee) – Timmins, ON – 27 July 2018
What can I say, these people were my family for 16 years and we keep in touch often.. the pay was not the greatest, but the benefits outweighed this factor. I truly wish I had never left when offered a job as a bookkeeper.
Pros
great hours, benefits and pension
Cons
low paying
Good start into the banking industry
Financial Services Representative (Former Employee) – Halifax, NS – 23 July 2018
Great place to learn about banking. The training I received was excellent. Its a very very very sales oriented job. If your manager doesn't favor you; work can be really stressful. Hardly any growth opportunities.
Pros
Good benifits
Cons
No work life balance, salary not at par to the market
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Ask a questionChallenging but Fun
Senior Credit Control Specialist (Former Employee) – Montréal, QC – 20 July 2018
Overall it was a great job. Colleagues were great, the work was challenging. Good possibility for future advancements within the company. Benefits are adequate.
Pros
Free Wifi
Cons
Not close to a metro
My time at CIBC
Senior Operations Analyst (Former Employee) – Toronto, ON – 18 July 2018
This company is too large to rate as a whole, it really depends on the department you work in. I had a great time working on the business side and a terrible time on the tech side. On the business side , I received proper training , I felt they were patient, empathetic and fair , the complete opposite on the tech side.
Pros
Compensation is fare
Cons
Very little job security
busy workplace
Financial Service Representative - (FSR) (Former Employee) – Kelowna, BC – 28 June 2018
its easy to get a job at CIBC as they have high turnover and they have locations all across the country so even in smaller communities you don't have to leave town for work.
Pros
good brand recognition
Cons
low wages
Productive
Personal Banking Specialist (Former Employee) – Ontario – 18 June 2018
Good benefits
Friendly and helpful employees
Slow pace feild training
Opportunities for recent graduates
Opportunities for advancement
Change of pace are available if one is willing to relocate
Friendly and helpful employees
Slow pace feild training
Opportunities for recent graduates
Opportunities for advancement
Change of pace are available if one is willing to relocate
Pros
Good culture
Cons
Slow pace of training
Typical Big Bank
Business Consultant (Former Employee) – Toronto, ON – 8 June 2018
CIBC is a great place to work for the short term but when leadership changes often projects are cancelled or new strategic direction is taken which often leads to re-structuring
Pros
Pay is good
Cons
job security is low
Challenging Place to work at
Wholesale Banking Application Support Specialist (Former Employee) – Toronto, Canada – 8 June 2018
Very fast paced work, and you are totally immersed in work, time flies by while you are at work.
Very comfortable work place with state of the art equipment for work and communication.
Very comfortable work place with state of the art equipment for work and communication.
Pros
Free Tea Coffee
great people
Financial Service Associate (Former Employee) – Surrey, BC – 5 June 2018
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.
Pros
staff appreciation days with lunch
Cons
not paid enough for the job I was doing
schedule is too tightly
Sr. Oracle Consultant/DBA (Former Employee) – Toronto, ON – 4 June 2018
The projects goes very quickly and not much time for detailed analysis and testing. The manager's plans are usually not discussed with developers and often take long time to do the works.
Pros
Location is very easy.
Cons
long time and too much works
It was okay...
Financial Services Representative II (Former Employee) – Courtice, ON – 1 June 2018
I worked there as an FSR 2 for over a year. The culture was great, but the work/life balance was an issue, and the income provided for the job was very poor!
Pros
Salary
Cons
Good benefits