Internal processes suck... a lot - werkgeversreview Financial Advisor bij CIBC

1,0
14 jan 2022
Aanbevelen
Goedkeuring directeur
Zakelijk vooruitzicht

Pluspunten

Autonomy Flexible work hours And not a whole lot else that other banks aren't offering

Minpunten

Everything Internal processes are broken and time consuming Technology is terrible and slow Advisors are overworked Expectations are unrealistic (even compared to other banks) Promotions are tenure bases, and not based on merit Variable compensation is gone and base bonuses are 12% of base salary compared to well over 30% (and even 100% for top performers in fiscal 2021) in the past The "Imperial Service Offer" is heavily diluted with non-qualifying clients who burden advisors and detract from providing good service to our best clients CIBC's mortgage business sucked for so long now everyones focus is on mortgages and we have forgotten the other parts of our business

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5,0
1 jun 2026
Aanbevelen
Goedkeuring directeur
Zakelijk vooruitzicht

Pluspunten

Good flatform to do holistic financial planning for clients. Stock purchase plan with company matching

Minpunten

There is no commission anymore.

1,0
1 jul 2026
Aanbevelen
Goedkeuring directeur
Zakelijk vooruitzicht

Pluspunten

The NY location is close to Grand Central Station

Minpunten

Slow Canadian culture that finds it challenging to meet US regulatory standards. Executives play favorites and gaslight employees, if you voice your opinion, they either silence you or try to manage you out with exaggerated "performance issues"

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