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

Australia and New Zealand Banking Melbourne Reviews

Updated November 16, 2017
171 reviews

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Melbourne, Australia Area (Australia)

3.5
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Australia and New Zealand Banking CEO Shayne Elliott
Shayne Elliott
34 Ratings

171 Employee Reviews

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Pros
Cons
  • Doesn't really help the balanced work life balance" (in 16 reviews) (in 22 reviews)

  • You have to be prepared to deal with senior management (in 29 reviews)

More Pros and Cons

  1. "Good culture"

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

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

    Pros

    Great culture, collaborative, integrity, respect, excellence.

    Cons

    Restructures every 18 months, limited new opportunities


  2. "Significant changes ahead"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Product Manager in Melbourne (Australia)
    Former Employee - Product Manager in Melbourne (Australia)
    Recommends
    Neutral Outlook
    Disapproves of CEO

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

    Pros

    Focused on digital transformation and change.

    Cons

    Commenced restructure without key questions being thought through, such as "How will my career progress?", "How do I grow my salary?"

  3. "Good place to work for"

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

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

    Pros

    Provide great flexibility, promote work life balance

    Cons

    There is lack of middle management training


  4. "Culture Improving!"

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

    more collaborative environment, flatter hierarchy

    Cons

    still hard to get things done

    Advice to Management

    keep going on the path you're on


  5. "Private banking / relationship manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Private Banker in Melbourne (Australia)
    Former Employee - Senior Private Banker in Melbourne (Australia)
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    Clear career progression, to a certain point.
    Good support with training, study, self improvement etc
    Loved my clients and team members.

    Cons

    Unachievable targets (only about 20% make their sales targets each year)
    Leadership team is remote, self-absorbed and politically motivated. Culture has really crumbled in the past few years due to this.

    Advice to Management

    Nurture your good people - don't burn them!


  6. "Terrific opportunities and future"

    StarStarStarStarStar
    • 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 full-time (More than 10 years)

    Pros

    Development opportunities are significant, their employment policies are world class and current management are taking the bank in an interesting direction. ANZ has a clear strategy for the future, focused on transforming the bank into a ‘digital’ savvy organisation and is also removing bureaucracy and management layers to respond quickly to customer expectations.

    Cons

    Continual restructuring has led to some fatigue in parts of the organisation, but I would imagine this is the same at many large companies in Australia.

    Advice to Management

    Keep focused on the organisation’s purpose - there is a lot of goodwill within the bank towards the new management that can be harnessed.


  7. "Rapidly becoming a highly innovative digital bank"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    Current Employee - Head of Operating Risk in Melbourne (Australia)
    Current Employee - Head of Operating Risk in Melbourne (Australia)
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Flexibility is actively supported, great breadth of opportunities, management embraces diversity, CEO is willing to try new ways of working,

    Cons

    The company has a large international footprint but it is not fully global so if you are looking for international assignments there aren't too many.

    Advice to Management

    Keep up with the innovation

  8. "Good to an extend."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Campaign Analyst in Melbourne (Australia)
    Current Employee - Senior Campaign Analyst in Melbourne (Australia)
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Work life balance
    Decent perks and additional benefits
    Good CEO
    Promise to be a good agile company with NWOW

    Cons

    No salary increments year in year
    Promotions are rare to come by
    Restructure every other year


  9. "Great company but enough with all the restructures already!"

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

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

    Pros

    Being a Large organisation has opened up many different work opportunities

    Cons

    Constant restructuring has caused change fatigue amongst the troops

    Advice to Management

    Loving the new look and feel of ANZ. Looking forward to getting on with work post the scaled agile changes..


  10. "Commercial Hardship Specialist"

    StarStarStarStarStar
    Current Employee - Commercial Hardship Specialist in Docklands (Australia)
    Current Employee - Commercial Hardship Specialist in Docklands (Australia)
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Great working environment. Good team

    Cons

    Career progression can be hard


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