Commonwealth Bank of Australia Reviews | Glassdoor

Commonwealth Bank of Australia Reviews

Updated May 22, 2017
317 reviews

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4.0
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Commonwealth Bank of Australia CEO & Managing Director Ian Narev
Ian Narev
174 Ratings

317 Employee Reviews

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Pros
  • There is a wonderful work life balance present here that you would not be able to find in other areas (in 89 reviews)

  • Flexible working arrangements are common (in 60 reviews)

Cons
  • Red Tape can reduce the level of immediate impact (in 39 reviews)

  • Some politics, normal for such a large organisation (in 32 reviews)

More Pros and Cons

  1. "Chief Compliance Officer"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Chief Compliance Officer in New York, NY
    Former Employee - Chief Compliance Officer in New York, NY
    Recommends
    Positive Outlook

    I worked at Commonwealth Bank of Australia (More than 3 years)

    Pros

    Great work environment and benefits.

    Cons

    Major decisions are made in Australia which don't take into account local considerations.


  2. "Head of Corp FX Sales, Build a major client base of Fortune 500 companies that would partner well with CBA"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Director in New York, NY
    Former Employee - Director in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Strong balance sheet and credit rating with smart, energetic personnel, great place to work.

    Cons

    Time zone with HQ, lack of products to sell to Fortune 500 clients.

    Advice to Management

    Continue to be who you are and expand at the right pace


  3. "Company with great culture and very innovative for such a large enterprise"

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

    I worked at Commonwealth Bank of Australia full-time

    Pros

    Culture, interesting work, lots of work

    Cons

    Politics, you have to fight for what you want, not many great managers


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  5. Helpful (4)

    "Torganization is a good place to work"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Administrative
    Current Employee - Administrative
    Doesn't Recommend
    Neutral Outlook

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

    Pros

    Good place to work
    nice people
    flexible hours
    good co workers
    free lunch

    Cons

    Long hours
    mean people
    gossip
    not much education
    low salary

    Advice to Management

    Educate yourself


  6. "Compliance Associate"

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

    I worked at Commonwealth Bank of Australia full-time

    Pros

    Great people and small office in New York. Management from Sydney interested in adapting to US regulatory world.

    Cons

    Distance makes for communication adjustments. Site visits increased as I left job - much needed.


  7. "Associate Director"

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

    I worked at Commonwealth Bank of Australia full-time

    Pros

    Number 1 bank in Australia. Strong reputation. Strong business. Great technology. Solid assets.

    Cons

    Big separation between corporate banking and institutional banking


  8. "x"

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

    I have been working at Commonwealth Bank of Australia full-time

    Pros

    job security, competitive salary, breadth of work

    Cons

    slow, lack of career development opportunity

    Advice to Management

    x


  9. "Good company; large, sometimes difficult to navigate"

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

    I have been working at Commonwealth Bank of Australia full-time (More than a year)

    Pros

    Friendly for large bank, lots of project opportunities

    Cons

    Difficult to navigate so many different departments/priorities


  10. "Reasonable"

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

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

    Pros

    Being offshore, away from the head office politics. Reasonably stable given the Australian business

    Cons

    Not overly progressive in my area, with innovation taking a back seat to other concerns

    Advice to Management

    Management structure could be streamlined. Innovation and disruption need to be considered and avoid status quo. Complacency a risk


  11. "Great values led organisation"

    Star Star Star Star Star
    • 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

    Collaboration all around
    Teamwork
    Values based

    Cons

    Avoidance
    A lot of dead wood still remains


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