If you can crank out the sales, you'll move ahead. Intellectuals will feel over qualified and passed over for promotion. - Financial Services Representative I CIBC Employee Review

2.0
Jul 20, 2009
Recommend
CEO approval
Business Outlook

Pros

Branch management is generally fair, respectful, and accommodating. Colleagues usually fun to work with. Bank hours. Sales staff don't seem to be pressured to work overtime.

Cons

Bank has refocused it's sales staff on chequing accounts, Visa cards, and lines of credit. No incentive left to spend time talking about savings and investments. Pay is inferior to competitors; staff rate on products is average. Won't spell out what guarantees you a promotion. This is a challenging environment for intellectuals as there are no real intellectual challenges at the branches and only strong sales people move ahead - often without having any post-secondary education. Often takes 5+ years to get into Financial Advisor position. The systems or very old (80s), cumbersome, and full of glitches, it is an ongoing source of frustration and calls to the help desk. It's a shame that in this age of terabyte hard drives, reps often don't have access to account activity from even a day earlier. The main support line can also be challenging as they usually just send you links that often take 1/2 hour to read for yourself instead of guiding you through the process.

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5.0
Jun 1, 2026
Recommend
CEO approval
Business Outlook

Pros

Good flatform to do holistic financial planning for clients. Stock purchase plan with company matching

Cons

There is no commission anymore.

2.0
May 7, 2026
Recommend
CEO approval
Business Outlook

Pros

-People were friendly and would do coffee chats/one-on-one lunches. -Other interns were great. -Base compensation as an analyst is on the higher end.

Cons

-Feedback from intern manager only given at the end of a rotation differed greatly from what team members would directly tell me which was confusing. Makes me think people are only nice on the surface. -Team members prioritized some interns over others in terms of work given and time spent. -Teams in the same product group had wildly different work life balance with some working 70+ hours a week and others working close to 40. -Has high turnover overall due to lower compensation at the Director+ level.

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