Stay away - Anonymous employee CIBC Employee Review

1.0
11 Dec 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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5.0
1 June 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
7 May 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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