Canadian Western Bank

  www.cwbank.com
  www.cwbank.com

Canadian Western Bank Reviews

Updated November 22, 2014
Updated November 22, 2014
18 Reviews
3.2
18 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
(no image)
Christopher H. Fowler
7 Ratings

Employee Reviews

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  1.  

    Great place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Account Manager, EFG in Edmonton, AB (Canada)
    Current Employee - Account Manager, EFG in Edmonton, AB (Canada)

    I have been working at Canadian Western Bank full-time (more than 3 years)

    Pros

    Not high goals and relax work day

    Cons

    Brokers calling you every ten min to get deal done for them

    Advice to ManagementAdvice

    Keep up the great work

    Recommends
    Positive Outlook
    Approves of CEO
  2. 2 people found this helpful  

    Average Job at below market wages

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

    I have been working at Canadian Western Bank full-time (more than 3 years)

    Pros

    Good benefits program and RRSP/Share purchase program
    Promote a good corporate culture (if actually followed by the managers)

    Cons

    Inconsistent management
    HR Policies are encouraged but not enforced
    No bonus structure, poor incentive for those who are willing to work hard
    Below market compensation, not competitive with other financial institutions

    Advice to ManagementAdvice

    Compensation package should be reviewed to be more competitive with market
    Try to follow the good culture and policies for your staff, show more appreciation for them as they are the key to the overall success of the branch

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  3.  

    Does not feel like working at a bank. Very relaxed.

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

    I worked at Canadian Western Bank full-time (less than an year)

    Pros

    When you talk about corporate culture, this is a shining example of where you would like to work. Big Business corporation that feels closer to your local family owned business. Very caring and friendly work environment.

    Cons

    Can be hard to stay motivated. Banking feels like the closest equivalent to government when it comes to bureaucracy.

    Advice to ManagementAdvice

    Focus on what made you great, but don't be afraid to change. The company is beginning to develop too many middle managers.

    Recommends
    Positive Outlook
    Disapproves of CEO
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  5.  

    Good company overall

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Credit Officer in Vancouver, BC (Canada)
    Former Employee - Credit Officer in Vancouver, BC (Canada)

    I worked at Canadian Western Bank full-time (less than an year)

    Pros

    Good benefits such as medical, RRSP and ESPP. Nice people.

    Cons

    High turnover either due to lack of career progression or politics. Technology is very old.

    Recommends
    Neutral Outlook
    No opinion of CEO
  6. 1 person found this helpful  

    Show up on time, put your head down, job for life.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Account Manager in Calgary, AB (Canada)
    Current Employee - Account Manager in Calgary, AB (Canada)

    I have been working at Canadian Western Bank full-time (more than 3 years)

    Pros

    Great place to learn anything about banking with no pressure. Lots of jobs open all the time. No one ever gets laid off or fired. Very slack work ethic/culture.

    Cons

    No sales incentives, yet they expect employees to produce deals. Base wage is poor for mid-level employees. No bonuses. Stock options only kick in for upper management. The only way to get ahead is to wait and get promoted every 2-4 years only to make $5k more. Most management are internal hires and therefore don't have a clue about how to incentivize employees.

    Advice to ManagementAdvice

    Keep hiring university grads and watching your employees leave to other FI's

    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO
  7.  

    It's ok

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Canadian Western Bank

    Pros

    fair pay and benefits

    Cons

    noisy work environment,

  8. 1 person found this helpful  

    Good place to start a career.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Account Manager, Commercial Banking in Vancouver, BC (Canada)
    Current Employee - Account Manager, Commercial Banking in Vancouver, BC (Canada)

    I have been working at Canadian Western Bank full-time (more than 3 years)

    Pros

    Easy-going atmosphere, generally most people a down-to-earth and a pleasure to work with, comprehensive training and excellent benefits.

    Cons

    Limited number of lending structures available to clients naturally limits the opportunities to learn on the job, pricing available to clients is generally not competitive in the marketplace which restricts opportunities to grow your portfolio, corporate office is in Edmonton so the opportunities to advance are limited unless you want to live in a terrible and completely unappealing city.

    Advice to ManagementAdvice

    Move your corporate office to Calgary, and expand your offerings past the plain vanilla options,

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

    Account Manager

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

    I worked at Canadian Western Bank

    Pros

    Benefits, decent pay, well known company

    Cons

    Poor leadership, lack of technology

  10. 3 people found this helpful  

    I am proud to be a Canadian Western Bank employee!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Corporate Office in Edmonton, AB (Canada)
    Current Employee - Corporate Office in Edmonton, AB (Canada)

    I have been working at Canadian Western Bank full-time (more than 8 years)

    Pros

    CWB is one of the finest organizations I have ever had the great pleasure to work for! The people who work here create a positive, welcoming environment which makes it easy to come to work each day.

    Cons

    We are a growing company experiencing lots of change and advancement which some times makes it a bit difficult to keep up. However change is required to move forward and the organization does a great deal to help all the employees through the change.

    Advice to ManagementAdvice

    Keep up the great work!

    Recommends
    Positive Outlook
    Approves of CEO
  11. 1 person found this helpful  

    An amazing company to work for with endless career advancement opportunities! Also, allows me work life balance.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in Edmonton, AB (Canada)
    Current Employee - Anonymous Employee in Edmonton, AB (Canada)

    I have been working at Canadian Western Bank full-time (more than 10 years)

    Pros

    Leadership, people and cluture. Corporate office is in Western Canada.

    Cons

    No bad things to say.

    Recommends
    Positive Outlook
    Approves of CEO

Canadian Western Bank Photos

Uve Knaak, Senior VP of Culture, Leadership & Succession Management, and Kelly Blackett, Senior VP, Human Resources, participate in CWB's frequent ‘donut days' that encourage employee camaraderie
Chris Fowler, President & CEO, and Angela Saveraux, Mgr., PR & Community Investment, celebrate CWB's $1.3M in donations to children's charities through The Greater Interest GIC campaign since 2008.
Teamwork is key at CWB Group. Our people genuinely care about their coworkers, and are always willing to help each other solve problems or find ways to provide better service to our clients!

+ Add Photo

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