Stay away - Anonymous employee CIBC Employee Review

1.0
Dec 11, 2019
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Ummm, let me think. Decent location in the financial district.

Cons

Where do I start...no culture. You have old Private Bank people that stick together and everyone else, post acquisition that feel aimless. Really poor moral and cooperation. Senior management communication and involvement pretty non-existent. Terrible technology and systems. Low salary for people that work hard and have great experience but don't fall into the favored category, for which I have yet to figure out how to get there. Blinders may help. Pay way under market. Company is just on auto-pilot and not in a good way. They just don't seem to have a clue as to what they are doing. All post acquisition people I talk to are not happy campers and management acts like they should be so happy and feel lucky to work there for reasons unknown. If I were to guess, if the job market stays strong, you will start to see a lot more of talented people that were hired in the last several years leave as this is not at all what was sold.

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Cons

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1.0
Jul 1, 2026
Recommend
CEO approval
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Pros

The NY location is close to Grand Central Station

Cons

Slow Canadian culture that finds it challenging to meet US regulatory standards. Executives play favorites and gaslight employees, if you voice your opinion, they either silence you or try to manage you out with exaggerated "performance issues"

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