CIBC Mellon Reviews

Updated August 17, 2015
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3.4
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Recommend to a friend
Approve of CEO
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Tom S. Monahan
30 Ratings

Pros
  • good work life balance which is important (in 6 reviews)

  • The people are great to work with and overall work environment is decent (in 7 reviews)

Cons
  • lack of exit opportunities, lack of advancement, low pay versus industry, (in 6 reviews)

  • sometimes you have to work longer hours during peak time (in 2 reviews)

More Pros and Cons

60 Employee Reviews

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  1. Great entry level opportunity, but limited growth opportunities

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Custody Administrator in London, CA
    Current Employee - Custody Administrator in London, CA
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at CIBC Mellon full-time (More than 5 years)

    Pros

    Flexible work schedules for mothers with children

    Cons

    Low pay and limited advancement opportunities

    Advice to Management

    Offer employees better pay


  2. Senior Fund Accoutant

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Fund Accountant in Toronto, ON (Canada)
    Current Employee - Senior Fund Accountant in Toronto, ON (Canada)
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I have been working at CIBC Mellon full-time (More than a year)

    Pros

    -great exposure to derivatives, and other investment instruments -good stepping stone into the accounting/finance industry

    Cons

    -standard job responsibilities daily which make work boring at times -salary is relatively lower than competitor


  3. Not a great place to move up.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at CIBC Mellon full-time (More than 5 years)

    Pros

    Lots of focus on corporate responsibility.

    Cons

    Hard to get anything done. Leadership not aligned but that is the culture.


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  5. Senior Fund Accoutant

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I have been working at CIBC Mellon full-time

    Pros

    -entry role, promotion after one year

    Cons

    -long hours, standard work daily, salary relatively lower than competitors


  6. Financial Reporting Analyst

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    - relaxed culture - good location - social events

    Cons

    - low salary - lots of overtime


  7. Great place to work

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Manager in Toronto, ON (Canada)
    Current Employee - Senior Manager in Toronto, ON (Canada)
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    - Volunteering, social activities continue to increase in number and quality. - Room for advancement - do a good job and you can move up. - Management actually seems to want people to enjoy working here.

    Cons

    - Like many big companies, can be bureaucratic - Wages are fair or "competitive" but not mind-blowing

    Advice to Management

    There's been a big improvement over the last few years. Keep it up. Would be great if bonuses could be a big surprise to the upside one of these years.


  8. Fund Accountant

    Current Employee - Fund Accountant in Toronto, ON (Canada)
    Current Employee - Fund Accountant in Toronto, ON (Canada)

    I have been working at CIBC Mellon full-time (Less than a year)

    Pros

    It is very good position to start with and you have a lot of opportunity to learn more.

    Cons

    It is not a long term work and it is hard to get rid of it.


  9. Fund Accountant

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Toronto, ON (Canada)
    Current Employee - Anonymous Employee in Toronto, ON (Canada)
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Thorough training is provided. Friendly work environment.

    Cons

    Not encouraged to apply within the company for career growth.

    Advice to Management

    Focus more on employees.


  10. Good culture. Good starting point for your career.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Toronto, ON (Canada)
    Current Employee - Anonymous Employee in Toronto, ON (Canada)
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at CIBC Mellon full-time (More than 5 years)

    Pros

    Great people, culture and extra activities.

    Cons

    Small company. lack of growth opportunities

    Advice to Management

    Better clearer communication around company changes


  11. Working at CIBC Mellon, London Ontario office

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Specialist, Institutional Pension and Accounting in London, ON (Canada)
    Current Employee - Specialist, Institutional Pension and Accounting in London, ON (Canada)
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    CIBC Mellon was very family friendly for employees with children. They offered flexibility and managers, both male and female were understanding if something every came where you had to adjust your work hours.

    Cons

    Low pay Limited promotion opportunities in the London, Ontario office



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