Mind the bank - Software Engineer CommSec Employee Review

2.0
May 26, 2025
Recommend
CEO approval
Business outlook

Pros

A few great minds are working here. Some engineers are super diligent and working really hard. The scale. The brand (if you care).

Cons

If you never worked for a bank, get yourself ready for a cultural shock. Prohibitive practices. Endless meetings of little essence: the higher you are on the ladder, the more time of yours is wasted. Impossible to introduce cutting edge technology. Aversion to "not invented here". The decision makers are hands off and inhibit change, they have been here forever but have little idea how things are done elsewhere: they are defensive of their ways and their proprietary technical assets that they developed a decade ago. Toxic talks behind your back, the culture of complaining: if you did not make mates in the higher ranks, they will make your life miserable and make sure you're out. Add to it a big hiring offshore where the labor is cheaper but half day away, and the roadmap of making an engineer "an universal soldier" - the coder, the DBA, the 24x7 Support - all in one, and that will be you.

Explore other reviews about CommSec

4.0
May 31, 2026
Recommend
CEO approval
Business outlook

Pros

People who you work with are friendly

Cons

Low base pay for job role and responsibility

1.0
Mar 18, 2026
Recommend
CEO approval
Business outlook

Pros

They have good staff benefits.

Cons

The work environment is consistently high-stress, with an excessive workload that often feels unsustainable over the long term. Burnout is a known and openly acknowledged issue within the organisation, yet there is little to no meaningful action taken by management to address it or improve employee wellbeing. This ongoing pressure and lack of support can take a toll on employees’ mental health and negatively impact overall wellbeing. Additionally, many internal processes feel outdated and inefficient, relying heavily on manual work that could be streamlined or automated. This not only adds to the daily workload but also creates unnecessary friction in completing even routine tasks. As a result, the role often feels more focused on operational and administrative tasks rather than enabling true product management work, limiting opportunities to focus on strategy, discovery, and delivering meaningful customer value. Overall, the lack of process modernisation and proactive leadership support contributes significantly to employee frustration and fatigue.

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