Australia and New Zealand Banking Reviews in Melbourne, Australia | Glassdoor

Australia and New Zealand Banking Melbourne Reviews

Updated February 18, 2017
134 reviews

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Melbourne, Australia Area (Australia)

3.2
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Australia and New Zealand Banking CEO Shayne Elliott
Shayne Elliott
9 Ratings

134 Employee Reviews

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Pros
Cons
  • Deterioration in work-life balance in past 2years (in 15 reviews)

  • Lots of confused and tired senior management (in 26 reviews)

More Pros and Cons

  1. "Technology Manager"

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

    I have been working at Australia and New Zealand Banking (More than 10 years)

    Pros

    Very good organisation culture, work life balance and environment

    Cons

    Not many career opportunities for top management in offsite


  2. Helpful (2)

    "Rewards people who play the game"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Assistant Manager in Melbourne (Australia)
    Former Employee - Assistant Manager in Melbourne (Australia)
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Decent compensation
    Global netowrk providing good international opportunities
    Broad opportunities across many functions
    Pockets of great people - made some lifelong friends within the organisation.

    Cons

    Company rewards people who stick within their boundaries and play the game - and as a result breeds a culture of distrust and disingenuity.
    Lots of confused and tired senior management. Appointments made based on friendships/tenure rather than capability.


  3. Helpful (1)

    "Senior Manager"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Manager in Melbourne (Australia)
    Current Employee - Senior Manager in Melbourne (Australia)
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at Australia and New Zealand Banking full-time (More than 5 years)

    Pros

    People I work with.

    Cons

    Not enough career progression. Female quoter in management makes it far more difficult to progress if your male.


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  5. "Data Analyst"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Data Analyst in Melbourne (Australia)
    Current Employee - Data Analyst in Melbourne (Australia)
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at Australia and New Zealand Banking (More than 3 years)

    Pros

    Good pay, good facilities at 833 Collins.

    Cons

    Constant restructures for no apparent reason.


  6. "Great Potential, Shifting Focus"

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

    I have been working at Australia and New Zealand Banking (More than 3 years)

    Pros

    Plenty of transformation opportunities that would provide exposure to various business areas and solutions. At the same time, work life balance is still achievable

    Cons

    Recent shifts of focus to home markets does decrease the number of transformation and / or job opportunities within the Asia region.


  7. "Not a technology company"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - Web Engineer in Melbourne (Australia)
    Former Contractor - Web Engineer in Melbourne (Australia)
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    I worked at Australia and New Zealand Banking as a contractor

    Pros

    ANZ has some great staff that I really got on well with in the Markets division of the company. They are a big organisation with lots of money to spend on infrastructure and they pay fairly well too.

    Cons

    It is incredibly slow and boring trying to get any change made to products. Management are only interested in protecting their own reputations and running turf wars between many competing products that all do mostly the same thing.
    They took years to upgrade their websphere version, in fact it took them so long that the version that they were upgrading to was obsolete before they even got there.

    Advice to Management

    Find ways to unify your product suite and form a cohesive long term roadmap that allows team to cooperate with each other and give definitely guarantees about what they can deliver each other and by when.


  8. "Senior marketing manager"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Marketing Manager in Melbourne (Australia)
    Current Employee - Senior Marketing Manager in Melbourne (Australia)
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Flexibility, great exposure and team work

    Cons

    Technology slow to implement, Agility and risk adverse


  9. Helpful (1)

    "Only work here for work experience"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Mortgage Consultant in Melbourne (Australia)
    Former Employee - Mortgage Consultant in Melbourne (Australia)
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    - Good cafeteria facilities
    -Good brand name if you would like to apply with other companies
    - Have various opportunities to move across other departments

    Cons

    - Hidden bullying culture
    -Work flexibility is only available for management or special circumstances. Not common
    - Too focused on policies and procedures that do not work as there are too many internal problems across various departments
    - Rude people

    Advice to Management

    -Genuinely care and respect your employees.
    -Focus on outcome instead of blindly following guidelines and procedures. Need to learn how to think outside the box
    -Be more flexible with KPI's - due the amount of internal problems within ANZ it can actually take up much more time and effort just to fix the errors being made by other employees.
    Employees with good KPI's on paper are probably the ones that do not care or do not give much thought on the work they do.
    It is not fair to penalize employees who actually resolve the problems.
    More time taken = lower KPI's
    These employees prevent your bank from potential fines and from losing customers.


  10. "ANZ"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Contractor - Business Analyst in Melbourne (Australia)
    Current Contractor - Business Analyst in Melbourne (Australia)
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Its a big place with a lot of projects, so lots of opportunities

    Cons

    As a big enterprise, occasionally, restructures occur or the repeating cycle of perm vs contract staff continues - one year its more contractors, next year its less. So, if you're on the upswing, all good. Also, as a big enterprise can be, politics, business needs & strategic moves on IT systems can sometimes compete creating challenges in a project for a BA to do their thing and know what the thing is they're supposed to achieve...


  11. "Business Analyst"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Business Analyst in Melbourne (Australia)
    Current Employee - Business Analyst in Melbourne (Australia)
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    Great opportunities if you work hard and know how to work the politics. Good work life balance. Good balance of training and personal development.

    Cons

    Political. You'll need to know how to work the system in order to be promoted. It's never easy to go up the ladder. Best if you can work under a good manager who is willing to promote you and fight for your career development.



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