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ANZ Bank Associate Director Reviews

Updated 15 Jan 2021

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3.9
53%
Recommend to a Friend
68%
Approve of CEO
ANZ Bank CEO Shayne Elliott
Shayne Elliott
7 Ratings
  1. Helpful (1)

    "Find a good manager, and you're golden"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Associate Director in Melbourne
    Recommends
    Neutral Outlook
    No Opinion of CEO

    I have been working at ANZ Bank full-time for more than 5 years

    Pros

    Opportunities to be relocated and work overseas. Work life balance is great compared to the big 4.

    Cons

    Management are hit and miss. Some are amazing, some are terrible. Pick yours wisely.

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    ANZ Bank Response

    February 6, 2020The ANZ Team

    This is valuable feedback, thanks for sharing.

  2. "Specific to ANZ Private Bank"

    2.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Associate Director in Sydney
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I worked at ANZ Bank full-time for more than 10 years

    Pros

    Staff are passionate about what they do

    Cons

    Bad behaviours are not managed, bullying is not called out and decisively dealt with, people who bring in the $$$ can get away with anything and actually get promoted despite bad behaviour, senior management have a culture of ignoring or not wanting feedback that doesn't align with their views.

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  3. "Reimagining Rewards"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Associate Director in Sydney
    Recommends
    Negative Outlook
    Approves of CEO

    I have been working at ANZ Bank full-time for more than 5 years

    Pros

    Some of the best people I’ve had the pleasure to work with

    Cons

    Management not being open and transparent

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    ANZ Bank Response

    November 14, 2019

    Thanks for providing your feedback

  4. "Work Life Balance"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Associate Director in Melbourne
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at ANZ Bank full-time for more than 8 years

    Pros

    1. Relatively generous perks and benefits, e.g. discounted housing loan etc. 2. Embracing flexible work lifestyle, e.g. work from home, part time etc. 3. Relatively big and diverse organisation which value meritocracy

    Cons

    1. The bank is getting more and more onerous in approving corporate lending, setting itself up for a potential demise in the future 2. The bank is somehow pivoting itself away from lucrative market such as Asia 3. Somehow the current leadership is not or even less well equipped in formulating the right customer strategy, often flip-flopping or moving back and forth in deciding the right clients to bank

    ANZ Bank Response

    July 21, 2019

    Thank you for your comments. We value your feedback, and encourage you to reach out to us at glassdoor@anz.com to discuss your experience in more detail. Thank you for your time ANZ

  5. "Manager"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Associate Director in Melbourne
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I worked at ANZ Bank full-time for more than 3 years

    Pros

    Good benefits, well paid and office was in a good location. Good management training program

    Cons

    The predominant requirement for promotion and acceleration through the ranks was politicking and trying to ingratiate yourself to superiors. A good degree or arrogance from senior folks who really, have no reason to be arrogant about anything. Intellectually un-stimulating

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  6. "Great in pockets but going through lots of change"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Associate Director in Melbourne

    I have been working at ANZ Bank part-time for more than 5 years

    Pros

    Banking pays well vs other industries, once you're in generally good opportunity to work flex and transition into other roles. Work life balance can be good but generally a lot of input/output expected

    Cons

    Banking generally going through a tough time, lots of restructures, management changes, vibe a bit low

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  7. Helpful (2)

    "used to be great"

    2.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Associate Director in Melbourne
    Doesn't Recommend
    Negative Outlook
    No Opinion of CEO

    I have been working at ANZ Bank full-time for more than 3 years

    Pros

    people culture, vision, People policies

    Cons

    execution of vision lacklustre out of Australia - shame given regional focus great people policies which you get penalised for persuing

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  8. Helpful (3)

    "The bank that lost its way...had a good growth/employment story but now lost in wilderness"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Associate Director 
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I worked at ANZ Bank full-time for more than 8 years

    Pros

    Big and potential to move around (albeit it limited). Many careers in one organization Brand value means you see plenty of deal flow without trying Good employment policies (although standard for a large organization)

    Cons

    Very political. Particular areas worst than others. Be careful. Many get to senior positions based on length of service making progression hard. Talent are often seen as a threat. Flexibility policies are not supported in particular 'old school' divisions. Career limiting if you use them. A lot of nepotism still exists. As does reverse sexism in some areas. Internal movements seldom accompany a pay review which is disappointing given like-for-like external hires command market salaries often 125-150% above internal. Hence, ANZ prefer internal hires.

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  9. Helpful (3)

    "Good experience but has its costs"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Associate Director in Sydney
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I have been working at ANZ Bank full-time for more than 5 years

    Pros

    - Some very bright and nice people to learn from and have as mentors - Strong position within the corporate and institutional space - Opportunities in Asia

    Cons

    - Very political (even compared to other banks or IBs) - Technology is appalling which can effect everyday tasks - "It's not what you know, it's who you know" that will get you your promotion or deserved payrise

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  10. "Solid bank"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Associate Director in New York, NY
    Recommends
    Neutral Outlook
    Disapproves of CEO

    I have been working at ANZ Bank full-time for more than 3 years

    Pros

    Good benefits and pay as well as hours

    Cons

    lacks inspiration from the LT

    Continue reading
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