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CIBC Reviews

Updated 23 June, 2017
1,593 reviews

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Full-time Part-time

3.4
Star Star Star Star Star
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Approve of CEO
CIBC President & CEO Victor Dodig
Victor Dodig
483 Ratings

1,593 Employee Reviews

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Pros
Cons
  • work life balance is compromised due to many projects on limited budget (in 51 reviews)

  • Too much pressure on you to achieve sales targets (in 52 reviews)

More Pros and Cons

  1. "Great Work Environment"

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

    I worked at CIBC full-time (More than 3 years)

    Pros

    The management is very open and listens to feedback and various meetings take place through out the week to get employee feedback. Very flexible vacation day selection.

    Cons

    The pay levels and grades need to be slightly modified to reflect the work done for certain of those levels. "Level"definitions need to be re-evaluated and changed.

    Advice to Management

    Instead of having multiple contract positions, with zero benefits, to open up more of those roles as permanent and build a solid team.


  2. "good!!!"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Csr1 in Toronto, ON
    Current Employee - Csr1 in Toronto, ON
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at CIBC part-time

    Pros

    excellent training great teamwork and opportunities

    Cons

    nothing is bad here. friendly environment

    Advice to Management

    nothing else is expanded


  3. "FSR2"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Fsr2 in Vancouver, BC
    Former Employee - Fsr2 in Vancouver, BC
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at CIBC full-time (More than a year)

    Pros

    great position to enter banking industry, u will be able to learn a lot.
    great work enviorment

    Cons

    too many targets need to be reached


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  5. "Financial Services Rep II"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Services Representative in Toronto, ON
    Former Employee - Financial Services Representative in Toronto, ON

    I worked at CIBC (More than a year)

    Pros

    Great downtown and westend locations. Easy to get to by transit. Good people to work with. Potential for long-term employment.

    Cons

    Management and the work was very stressful. The software programs used were definitely not user-friendly--DOS based? It's like going back in time. Move forward, not back.

    Advice to Management

    Look into the root cause of the high turnover. There are a lot of great people who can make an even bigger contribution. But the constant, unnecessary pressure from management drives employees away. While you can certainly hire others, there's a cost to training versus retention.


  6. "Marketing Manager"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - MARKETING MANAGER CIBC in Toronto, ON
    Former Employee - MARKETING MANAGER CIBC in Toronto, ON
    Doesn't Recommend
    Approves of CEO

    I worked at CIBC (More than 10 years)

    Pros

    Great Company spirit, top vision is clear, social responsibility is wonderful, team member in general is professional.

    Cons

    Department or division culture varies.

    Advice to Management

    Keep going with the great innovation mind set.


  7. "Director"

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

    I have been working at CIBC full-time (More than 10 years)

    Pros

    Cross-functional teams. Opportunity to move around different bank roles.

    Cons

    Lower pay, relative to other Big 5 banks.

    Advice to Management

    Compensation parity. More transparent career management.


  8. Helpful (1)

    "FX back office support"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Settlements Officer in Toronto, ON
    Former Employee - Senior Settlements Officer in Toronto, ON
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at CIBC (More than 3 years)

    Pros

    Good benefits and vacation. Left alone to do the job in the beginning, but then they tightened the reigns! Liked the people

    Cons

    raises are paltry, bonuses are the same. Management does nothing for you


  9. "Commercial Account Manager"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Commercial Banking Associate in Regina, SK
    Former Employee - Commercial Banking Associate in Regina, SK
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I worked at CIBC full-time (More than a year)

    Pros

    Decent banking platforms, competitive salary.

    Cons

    Seems like every 10 years they total change their strategy and fire everyone.

    Advice to Management

    More back up from executive level management would be appreciated. Total sales focus is difficult when trying to also manage risk.


  10. "Senior Information Analyst"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Information Analyst in Toronto, ON
    Current Employee - Senior Information Analyst in Toronto, ON
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at CIBC full-time (More than a year)

    Pros

    Flexible working hours, Good Training

    Cons

    Less salary in the field

    Advice to Management

    Increase salary and benefit


  11. Helpful (1)

    "Associate"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Toronto, ON
    Current Employee - Anonymous Employee in Toronto, ON
    Approves of CEO

    I have been working at CIBC full-time (More than a year)

    Pros

    Big corporation with lots of opportunities

    Cons

    Outdated technology and old infrastructure


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