Banque Nationale du Canada/National Bank of Canada Reviews | Glassdoor.ca
Banque Nationale du Canada/National Bank of Canada Reviews
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    Banque Nationale du Canada/National Bank of Canada Reviews

    Updated 14 December, 2018
    546 reviews

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    4.0
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    Approve of CEO
    Banque Nationale du Canada/National Bank of Canada President, CEO, and Director Louis Vachon
    Louis Vachon
    282 Ratings

    Employee Reviews

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    Pros

    • "Competitive total salary package, good work-life balance, great colleagues, ability to work from home" (in 24 reviews)

    • "Le salaire et les avantages sociaux sont excellents" (in 46 reviews)

    Cons

    • "s excluives, beaucoup de bureaucratie , beaucoup de mauvaise promesse et langue de bois , beaucoup de politique" (in 6 reviews)

    • "Les conditions de travail peuvent diff" (in 9 reviews)

    More Pros and Cons
    1. Featured Review

      Helpful (2)

      "Great pay, culture and opportunities for growth"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Current Employee - Corporate Banking Associate in Toronto, ON
      Current Employee - Corporate Banking Associate in Toronto, ON
      Recommends
      Positive Outlook
      Approves of CEO

      I have been working at Banque Nationale du Canada/National Bank of Canada full-time (More than a year)

      Pros

      Best pay on the street by far. Not even close to the other Big banks. The compensation info on here is very misleading. Corporate banking analysts make about $150k all-in and corporate banking associates make over $200k. National is one of the big 6 "too big to fail" banks in Canada so you're involved in the biggest capital market transactions. Being the smallest of the big 6, national isnt plagued by beaurocracy the way the other big banks are. Teams are also a lot leaner so juniors are given way bigger responsibilities than at the other banks. People learn very fast here. The bank's teams are really rolling right now and have snatched some of the best talent on the street. Very intelligent, polished juniors and very experienced, connected seniors. Very hungry culture. Management is very approachable.

      Cons

      National is the biggest in Quebec and has all the biggest clients in that market. Although super successful on Bay street, sometimes it feels like the Quebec success stories overshadow all the huge wins in Toronto. Toronto could use more recognition from senior management. Not sure if Quebec is paid as good as Toronto but they definitely seem to get more pats on the back.

      Corporate Banking hours are about 55-60 per week. This is more than the other big banks.

      Advice to Management

      Noticed a ton of changes over the last few years. At least half of the changes have drastically improved efficiency and day to day in corporate banking. When a new change is implemented don't be afraid to implement as beta or testing period. First release will rarely be perfect. Don't be afraid of admitting oversights slows down the pace of improvements.

    2. "Advisor"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Current Employee - Advisor
      Current Employee - Advisor
      Recommends
      Positive Outlook
      Approves of CEO

      I have been working at Banque Nationale du Canada/National Bank of Canada full-time (More than 3 years)

      Pros

      Great environment, support from managers and peers, great feedback and recognition, employees feel valued.

      Cons

      Not prepared for turnover too many vacant posts puts stress on other team members to pick up extra tasks making the workload heavy.

      3. Join the Banque Nationale du Canada/National Bank of Canada team
      See Our Latest Jobs

    3. "Depends on your advisor"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Current Employee - Anonymous Employee
      Current Employee - Anonymous Employee
      Recommends
      Positive Outlook
      Approves of CEO

      I have been working at Banque Nationale du Canada/National Bank of Canada full-time

      Pros

      No Overtime,
      Clean Working Environment,
      Do not have much politics going on
      no Sales Target

      Cons

      Based pay is low and your bonus is entirely decided by the Advisor

    4. "Customer service representative"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Current Employee - Anonymous Employee
      Current Employee - Anonymous Employee
      Recommends
      Neutral Outlook
      Disapproves of CEO

      I have been working at Banque Nationale du Canada/National Bank of Canada part-time

      Pros

      Great team environment, flexible with school schedule

      Cons

      High turnover, cut hours

    5. "Project Manager"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Former Employee - Project Manager in Montreal, QC
      Former Employee - Project Manager in Montreal, QC
      Recommends
      Positive Outlook
      Approves of CEO

      I worked at Banque Nationale du Canada/National Bank of Canada full-time (More than 5 years)

      Pros

      Good benefits and job security. Good leadership from the C-suit. Good HR policies that protect employees. Lot of opportunities to progress.

      Cons

      Salaries a bit below market in general.

      Advice to Management

      None.

    6. "Dynamic environment but management sits high on their throne"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Current Employee - IT Specialist in Montreal, QC
      Current Employee - IT Specialist in Montreal, QC
      Doesn't Recommend
      Positive Outlook
      Disapproves of CEO

      I have been working at Banque Nationale du Canada/National Bank of Canada full-time (More than 5 years)

      Pros

      Dynamic people
      Remote work culture
      Flexible hours

      Cons

      Managers turnaround is heavy
      Lots of outsourcing, IT Senior specialists are fleeing or becoming secretaries.

      Advice to Management

      Stop outsourcing to the far end of the Earth. Outsourcing to IBM India was a financial disaster. Now Oracle...will cost you more. Ata in Bangkok ???

    7. Helpful (2)

      "Market Risk Senior Analyst"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Former Employee - Anonymous Employee
      Former Employee - Anonymous Employee

      Pros

      Good family and work balance.

      Cons

      Not a nice company culture.

    8. "Senior advisor"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Current Employee - Senior Advisor in Montreal, QC
      Current Employee - Senior Advisor in Montreal, QC
      Recommends
      Positive Outlook
      Approves of CEO

      I have been working at Banque Nationale du Canada/National Bank of Canada full-time (More than 5 years)

      Pros

      True application of collaboration, empowerment and respect values. These are not only words in annual reports but part of NBC’s DNA

      Cons

      Environment (space, remote and on-site work schedules) is still in implementation, so some challenges still to resolve.

      Advice to Management

      Great to work at NBC!

    9. "HR advisor"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Current Employee - Human Resources Specialist in Montreal, QC
      Current Employee - Human Resources Specialist in Montreal, QC
      Recommends
      Positive Outlook
      Approves of CEO

      I have been working at Banque Nationale du Canada/National Bank of Canada full-time (More than a year)

      Pros

      Leadership has at its heart the employee experience and and is focus on change.
      Innovative for a financial company.
      Great salaray and benefits.
      Very high and promoted/celebrated internal mobility.
      Client focus and aiming for long-term relationships

      Cons

      Large compagny thus slow to change with a lot of politics.
      Cultural evolution unequal between sectors (micro culture)
      Coming from a conservative background

    10. "Great experience but could have been better"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Former Employee - Anonymous Employee in Montreal, QC
      Former Employee - Anonymous Employee in Montreal, QC
      Recommends
      Positive Outlook
      No opinion of CEO

      I worked at Banque Nationale du Canada/National Bank of Canada full-time (More than 3 years)

      Pros

      Great benefits and vacation package. Made great friends there. Learned a lot. This experience helped me get a much better job... elsewhere.

      Cons

      Much slow career path. Quite low salary. There could be rush periods without management explaining the context. Structure is pyramidal - like most big companies - making it hard being heard.

      Advice to Management

      Management should empower more their employees and avoid micro-management. The bank should also concretely encourage employees build a career within the company instead of being surprised when they leave :)