Terrible managers and work culture - werkgeversreview Associate, Leveraged Finance bij CIBC

2,0
11 nov 2022
Aanbevelen
Goedkeuring directeur
Zakelijk vooruitzicht

Pluspunten

Stable job with interesting deal coverage and PE-backed LBO exposure.

Minpunten

Very bureaucratic organization structure, where seniors make it abundantly clear that you and your opinions are beneath them. You better be ready to bend over backwards to get the support of your managers otherwise you'll be strung along with no clear promotion timeline. Constant turnover due to poor management at the VP and director level. Don't let the title and the "Leveraged Finance" name fool you - you think you'd get paid fairly close to what capital markets/ investment bankers, but think again. Associates are severely underpaid compared to what peers make, and it'll make you feel unappreciated and demoralizing. Don't even think about getting inflationary raises in this group. Some years you'll have no raise while other years you'll get a 2% raise (other colleagues have confirmed as well).

Ontdek andere reviews over CIBC

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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