Great to work for... But change is good! - Technology Consultant CIBC Employee Review

4.0
8 Apr 2010
Recommend
CEO approval
Business outlook

Pros

When it comes to Technology exposure, CIBC is one of the best banks to work for. They are generally far ahead of technology compared to any other bank in Canada. The employees have heart and they do their best and protecting the business

Cons

Too process oriented. unfortunately some have taken the ITIL methodology too far, to the point of creating a bottleneck for almost anything. Projects take 4 times the length and troubleshooting requires the approval of everyone including VP's - even when there is an outage. The Change management staff are paranoid and considers administrative tasks as changes to the environment. This poses problems cause to do even a reboot of a server, VP approval is required.

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.

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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