CIBC Overview
3.9★- www.cibc.com
- Toronto, Canada
- 10000+ Employees
- 28 Locations
- Type: Company - Public (CM)
- Founded in 1867
- Revenue: $10+ billion (USD)
- Banking & Lending
Company Updates
CIBC"I've grown through many roles at CIBC. I started working here 10 years ago as a banking centre manager. My team today ensures that client-facing team members are thinking about the entire experience at every stage. CIBC has always felt very community-focused. I love helping clients achieve their goals, and I've had excellent access to mentorship. I'm constantly looking for new sources of inspiration. I'm lucky to do work that aligns with my values and passions. I wake up in the morning and smile knowing I truly love what I do." Read more about Melissa's story in The Globe and Mail: https://www.theglobeandmail.com/business/adv/article-cibc-trains-for-current-and-future-job-skills/ Or find your next step with CIBC here: https://www.cibc.com/en/about-cibc/careers.html
CIBCCIBC has been selected as one of Canada’s Top 100 Employers! We’ve been recognized for our hybrid work options, employee-led social committees, enhanced employee training and extensive benefits for CIBC team members and their families. We’re proud to have been selected for this prestigious award and look forward to continuing to make an impact on the lives of our employees, clients and communities. #ProudToBeCIBC #TopEmployers2024 #CanadasTop100Employers
What people are saying about CIBC
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CIBC Reviews
Pros
Every team is different, but the overall culture at CIBC is supportive and tries hard to look for opportunities for people to grow within their role. The bank offers lots of trainings and career paths including opportunities to work in other departments you might be interested in. You'll meet lots of people who came from different areas of the bank, which can add a good point of view to your department. CIBC also has benefits like a defined benefit pension program, which guarantees you a specific amount of money (defined benefit) per month when you retire. They take care of this (you don't need to contribute money to it, they do it all for you) and you get to take this with you when you leave. That's guaranteed money for when you retire (similar to a RRSP - except you don't put any of your own money into it). There's also 5k's worth of Mental Health benefits paid back at 100% so that's pretty much free therapy, weekly, every year. They've got good banking offers like free checking accounts and credit cards, and a 5K interest-free loan you can use for justabout anything you want (they call it a purpose loan). Overall - it's a really solid place to work when it comes to benefits. You can tell they pay attention to it.
Cons
Your salary isn't as competitive as it can be at other banks - but some of the benefits help with that. Also, it's a bank, so it's a massive organization. That means if you're a corporate employee (not in a branch) you might spend lots of your time spent bringing people from other departments up to speed on your projects, and launching programs can take what seems like forever to get done. The politics of the place can be annoying - but you just need to shoot your shot sometimes and not let that stuff weigh you down, because there's huge opportunity to make a difference in a company that affects millions of people.
CIBC Interviews
- Featured Interview
Financial Services Representative Interview
Anonymous Employee in Courtenay, BCAccepted OfferPositive ExperienceEasy InterviewApplicationI applied online. The process took 3 weeks. I interviewed at CIBC (Courtenay, BC) in Jul 2023
Interview
Easy interview.. very smooth process and interviewers were professional . The first interviewer was caring and she asked questions in a way that she care about the importance of careerInterviewAre you be able to relocate to other city for this job ? What are your goals?
Answer Question
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CIBC Awards & Accolades
- CIBC named one of Canada's Top Employers for Young People for eleventh consecutive year, Mediacorp Canada Inc, 2023
- Canada’s Greenest Employers 2023, Mediacorp Canada Inc, 2023
- CIBC ranked #1 in Canada for gender equality by Equileap for third consecutive year, Equileap Global Gender Equality Ranking, 2023
- Canada’s Top 100 Employers (2024), The Globe and Mail, 2023
- Canada’s Best Diversity Employers for 12th consecutive year, Mediacorp Canada, 2022
Popular Careers with CIBC Job Seekers
CIBC FAQ
(60 Questions)
All answers shown come directly from CIBC Reviews and are not edited or altered.
What is a typical working day like at CIBC?
...the rotating shifts can be hard...
February 13, 2023
People Also Ask about CIBC
Employees rate CIBC 3.9 out of 5 stars based on 7,959 anonymous reviews on Glassdoor.
To get a job at CIBC, browse currently open positions and apply for a job near you. Once you get a positive response, make sure to find out about the interview process at CIBC and prepare for tough questions.
Overall, 77% of employees would recommend working at CIBC to a friend. This is based on 7,959 anonymously submitted reviews on Glassdoor.
69% of job seekers rate their interview experience at CIBC as positive. Candidates give an average difficulty score of 2.8 out of 5 (where 5 is the highest level of difficulty) for their job interview at CIBC.
70% of employees think that CIBC has a positive business outlook. This is based on anonymous employee reviews submitted on Glassdoor.