Australia and New Zealand Banking Reviews

Pros

The ability to try different kinds of roles and enhance your skill set

Cons

In a large organisation you are only a tiny fish in the ocean.

Advice to Senior Management

Enhance your talent pool in Australia

Pros

Overall its good to work in ANZIT , Learning new Technologies a lot helps to have update tech knowledge, Also giving confident for the future career path...

Cons

Needs betterment in providing domain level knowledge apart from Tech stuffs.... Also attention needs to be given for those who stand out to be the best in thier role...

Pros

Embrace women in business and support work life balance.

Cons

Large institution subject to continual change

Advice to Senior Management

Nil

Pros

package, nothing else , nothing comes in mind, Cons: forcing developer to work on testing, very slow progress on career side , It can be good retirement company if you get good project

Cons

no process to follow as everything is very random, It all depends on your immediate lead how your career grows, no increment , forcefully applying for annual leave when work is not there, very insecure environment, can throw you out at any time , those who stays from long time in company it is good for them , but it is not good for new joinee, no HR after joining ,you doesn't know what happens above immediate lead. It is like working in little shop , as shop manager ask you for some software and you have to provide it in very short time without following process, so much to comment but it should be enough to warn other people to join.

Advice to Senior Management

limit the power that immediate lead have , take HR into picture to have fair enough appraisal process, try to achieve technology standard, follow standard process rather than radom work

Pros

Franchise is in a sweet spot of opportunity. There is potential for success if leadership, communication, and fair accountability were addressed

Cons

Political culture where honest conversations were not possible. leadership refused to take accountability, especially for their decisions.

Pros

High value for work-life balance. Also, it is a new in the Singapore retail space, so there's much room for improvement and it's great to be part of the "founding" team.

Cons

Slow to implement change within the bank, partially because it is new in Singapore. Lack of budget to see through certain initiatives and projects.

Advice to Senior Management

Review organisation structure. Hire more people who have experience with the local retail banking industry. More budget should be spent on IT and back-end.

Pros

The salaries and benefits of working at ANZ are excellent. The facilities in some areas are very good and it's a good place to be exposed to large numbers of specialists in one field.

Cons

There is a great deal of focus on "how" things are done here rather than the actual outcomes achieved. People seem to be rewarded for 'box-ticking' rather than actual achievement.

In my experience it was very difficult to find hard data and implement solid measurement to support decision-making and change, which shocked me as someone new to banking---I guess I expected this to be a place with a genuine respect for numbers, but I didn't see that.

Despite two relatively recent restructures, there still appeared to me to be far too many chiefs and not enough 'do-ers'--- I encountered quite a few people who were "managers" with no direct reports or genuine managerial responsibility, which I guess is not a-typical of large organisations today.

Overall, I encountered a lot of talented people relegated to doing menial and sometimes downright counter-productive things. For someone looking for a genuine challenge and the ability to make a difference, this is far from the ideal workplace.

Advice to Senior Management

Take your branding inside: if you really want to simplify things for customers you need to figure out how to simplify things for staff first. It's just far too difficult to get anything done internally and this impacts the morale of high achievers. Less focus on process and more focus on tangible outcomes would do wonders for productivity.

Pros

good name in the market, it's a great bank to be from, good range of role you can try out before deciding what you want to do.

Cons

not like the old days anymore, people use to build career with banking house like this, now it's all about cutting cost and bs your way through to the end of the year so you can get a tiny bonus. pity

Advice to Senior Management

get real and start treating people like people not like numbers, lots of good people left because they see no career progression with in the bank.

Pros

Good remuneration, nice people, large organization and hence opportunities

Cons

Poor management discipline, bureaucracy, poor comms, no training, no accountability or consequences for poor performance

Advice to Senior Management

Add more discipline in running the organization, bust bureaucracy, train your senior leaders to instill consistent culture snd values, fire senior leaders if they do not deliver on both medium term results and in promoting "stated" organizational values NOT their own values

Pros

- Diverse, friendly teams
- Can achieve good work / life balance
- Ambitious Asia strategy, many opportunities to move around the organisation within SIngapore and the region if desired

Cons

- Still relatively new in Asia, no set "culture" yet (may also be a positive)
- Policies and procedures can be Aust/NZ centric, not always 100% appropriate to Asia
- Knowledge sharing / retention can be improved

Advice to Senior Management

Continue to look to international/Asian banks for how things can potentially be done rather than seeing the Aust/NZ business as the only way (e.g. where the international standard > Aust standard)