Good role however way too many changes to comp year over year. Not a long term role. - Mobile Investment Consultant CIBC Employee Review

3.0
18 Jan 2021
Recommend
CEO approval
Business outlook

Pros

Competitive base salary + commission*. Flexibility to work remote and on site, however strongly encouraged to work at the branch as much as possible as you cannot close business on your own you need representatives to process account changes. Good people. Supportive leadership team. Good organization.

Cons

Commission model changes drastically year over year which significantly impacts your ability to make consistent income. The role has evolved from encouraging independent business development to more of a call centre model where call penetration is micro managed very closely. Some branch leaders don't fully support this consultant role which makes it difficult to get buy-in from front line staff to get included in meetings. There is no incentive for front end staff to include you. If they would change their scorecard that may change their behaviour. The branch you're assigned to is a luck of the draw and will play a large part in your success or failure. Not all branches are equal in transaction/meeting levels, engaging team members yet all MIC's are compared equal.

Explore other reviews about CIBC

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.

4.0
17 June 2026
Recommend
CEO approval
Business outlook

Pros

good visibility, good work/life balance (got lucky and am in a good team)

Cons

little to no upward momentum. not enough of a structure to support long term employees with competitive market rates.

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