There are newer employer reviews for National Australia Bank
There are newer employer reviews for National Australia Bank

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Helpful (2)

Slow moving company

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

I have been working at National Australia Bank full-time (More than 3 years)

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

Pros

Some people are nice to work with

Cons

Very political and slow moving, hard to drive change. A lot of senior leaders are all about how they appear and their positioning within the political environment.

Advice to Management

Improve leadership capability, and lead by example.

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  1. Helpful (4)

    Toxic culture

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

    I worked at National Australia Bank full-time (More than 3 years)

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Pay is reasonable in the operations environment.

    Cons

    Cowboys dominated culture. Steps all over due process, checks and balances, tea play and authority.

    Advice to Management

    Learns from the army


  2. Helpful (2)

    Bureaucratic process, terrible systems, and a complete inability to implement any real change

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

    I worked at National Australia Bank full-time (More than 3 years)

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    People are generally fairly easy going and trustworthy compared to Westpac and ANZ. Recruitment processes are straightforward. Being such an established bank the quality of clients in the portfolio is impressive.

    Cons

    The processes and systems are absolutely terrible compared to other banks and there is no evidence of any real change despite being a long-term issue that is consistently raised in the annual employee surveys. NAB is consistently the slowest bank to come through with an approval in syndicate arrangements due to these processes;

    The bank is effectively run with an iron fist by the credit department who require obscenely detailed and frequent credit papers on even the most established/investment grade clients, thus constraining capacity for new business generation;

    A overbearing focus on compliance training which at NAB is without a doubt more important than looking after clients and bringing in new business;

    Bonuses and capacity for pay growth are sub-par;

    Getting set up as a new employee on the myriad of systems is tantamount to torture and will personally take one the best part of 100 hours to complete. Access to several key systems could take up to 6 weeks which makes carrying out one's job very difficult. IT support is unhelpful throughout this process, or any process for that matter.

    Advice to Management

    Focus on streamlining the processes and investing in quality systems immediately. Listen to feedback from employees provided in annual employee surveys and take real action in a timely manner rather than just glossing over these matters.


There are newer employer reviews for National Australia Bank
There are newer employer reviews for National Australia Bank

See Most Recent

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