Australia and New Zealand Banking

  www.anz.com.au
  www.anz.com.au

Australia and New Zealand Banking Reviews

Updated October 18, 2014
Updated October 18, 2014
234 Reviews
3.4
234 Reviews
Rating Trends

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Australia and New Zealand Banking CEO and Director Michael R. P. Smith
Michael R. P. Smith
131 Ratings

Review Highlights

Pros
  • really good Work life balance if you have the right manager (in 63 reviews)

  • A very supportive work environment, work life balance, transparency in growth and salary (in 14 reviews)


Cons
  • Tendency for senior management to forget about the people below (in 7 reviews)

  • No scope for career growth or learning (in 6 reviews)

More Highlights

30 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Not Really Great!!!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Analyst in Bangalore (India)
    Current Employee - Senior Analyst in Bangalore (India)

    I have been working at Australia and New Zealand Banking full-time (more than an year)

    Pros

    Good growth. People are promoted based on their performance rather than recommendations.

    Cons

    - Less work life balance, will be called even on weekends and Sundays during high volumes.. And out of 12 months 8 to 9 months are of high volume period
    - getting paid way too less than what we're supposed to get paid.
    - More work less pay
    - high attrition rate due to above cons

    Advice to ManagementAdvice

    Just try to remove out the cons..

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  2.  

    ANZ Fraud team

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Fraud Analyst in Melbourne (Australia)
    Former Employee - Senior Fraud Analyst in Melbourne (Australia)

    I worked at Australia and New Zealand Banking full-time (more than an year)

    Pros

    Nice building, high level of responsability for Senior Fraud Analyst

    Cons

    Terrible work culture, unsure of future, CEO looking to cut costs everywhere

    Advice to ManagementAdvice

    Stop sending jobs overseas, lacks any structure

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  3.  

    used to be great

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Associate Director in Melbourne (Australia)
    Current Employee - Associate Director in Melbourne (Australia)

    I have been working at Australia and New Zealand Banking full-time (more than 3 years)

    Pros

    people culture, vision, People policies

    Cons

    execution of vision
    lacklustre out of Australia - shame given regional focus
    great people policies which you get penalised for persuing

    Advice to ManagementAdvice

    stop being delusional. focus on keeping talent and preserving the cohesive culture rather than dividing and destroying to create personal windfalls and gains.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
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  5.  

    Short-lived promise. Now on an inevitable tail-spin. Culture is flagging.

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

    I worked at Australia and New Zealand Banking full-time (more than 3 years)

    Pros

    Still hiring. Some growth. Good vision.

    Cons

    Dealing with old-school bureaucrats legacy.
    Psychopathic management.
    Lip-service to "Values" but sluggish execution.
    Lack of strategic view.
    Australian head-office slow to adapt to change.
    New Zealand office is so insular, even the Australian office hates it.
    Asia may have some new ideas to offer, but no budget to pursue it.
    Offshoring offices (hubs) are run like BPOs - but everyone calls them "banks" - except they aren't. (Heard of the term KPO?)

    Advice to ManagementAdvice

    Get back to vision. Get back to values.
    Retire all these bureaucrats and politicians who are running your business to the ground.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  6.  

    Corporate Banking

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Corporate Banking in Melbourne (Australia)
    Former Employee - Corporate Banking in Melbourne (Australia)

    I worked at Australia and New Zealand Banking full-time (more than 3 years)

    Pros

    Opportunities for development and experience; global organization;

    Cons

    The managers - there continue to be older, out of date managers employed who provide no inspiration, poor people management and inefficient practices and tired skills set.

    Advice to ManagementAdvice

    Recognize talent and remove redundant managers.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  7.  

    Company work environment is coming down

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Testing in Bangalore (India)
    Former Employee - Testing in Bangalore (India)

    I worked at Australia and New Zealand Banking full-time (more than 5 years)

    Pros

    Australian timing in India, you can start very early and finish early. No late night calls.

    Cons

    Top leadership doesn't have a direction for technology and no transparency.

    Advice to ManagementAdvice

    Show some respect to employees and their service.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  8.  

    Not the right place for a software developer

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Technical Analyst in Melbourne (Australia)
    Former Employee - Technical Analyst in Melbourne (Australia)

    I worked at Australia and New Zealand Banking full-time (more than 3 years)

    Pros

    Financial benefits and only that.

    Cons

    No scope for career growth or learning

    Advice to ManagementAdvice

    It will be good if ANZ puts some effort into providing job related training for employees

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  9.  

    We leave your world!

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

    I have been working at Australia and New Zealand Banking

    Pros

    Great work life balance and awesome benefits

    Cons

    Process is in a mess, technology is unreliable and some leaders are often too concerned with personal agenda than caring for people under their care ... feels more like 'We leave your world'

    Advice to ManagementAdvice

    Do something to improve management team ...

    Doesn't Recommend
    Neutral Outlook
  10.  

    too much politics and lack of investment in technology

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Software Developer in Sydney (Australia)
    Current Employee - Senior Software Developer in Sydney (Australia)

    I have been working at Australia and New Zealand Banking as a contractor (more than an year)

    Pros

    good salary
    good location
    good working hours
    intention to become a leading investment bank in asia

    Cons

    no real in house development - i.e. more purchase of banking s/w and customise for their purpose. not really engineering solutions

    Advice to ManagementAdvice

    offshoring isn't the solution to long term growth - local investment is needed.

    Doesn't Recommend
    Neutral Outlook
  11.  

    Anz mumbai review

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Associate Director in Mumbai (India)
    Current Employee - Associate Director in Mumbai (India)

    I have been working at Australia and New Zealand Banking full-time (more than 3 years)

    Pros

    Work life balance is good

    Cons

    No career path...incompetent sr management...lots of struggle with ted tapism

    Advice to ManagementAdvice

    Stop excuses..take ownershipo

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

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