CIBC

Working at CIBC: Company Overview and Reviews

CIBC
CIBC
4.1
111 reviews
CIBC Ratings
4.1
Average rating of 111 reviews on Indeed
3.9Work-Life Balance
3.9Pay & Benefits
3.6Job Security & Advancement
3.7Management
3.9Culture
Headquarter
Toronto, ON, CA
Employee
10,000+
Revenue
More than $10B (USD)
Industry
Banks and Financial Services

Popular jobs at CIBC

 Average SalarySalary Range
Financial Representative
1 Salaries reported
$40,500
per year
$20,000-$61,000
IT Project Manager
1 Salaries reported
$65,000
per year
$32,000-$98,000
Customer Service Representative
1 Salaries reported
$15.00
per hour
$7.50-$22.50
Call Center Representative
1 Salaries reported
$17.00
per hour
$8.50-$25.50
Vice President of Client Services
1 Salaries reported
$80,000
per year
$40,000-$120,000
Salary Satisfaction
67%
Of the employees are satisfied about their pay
Based on 104 reviews
Benefits
Health Care
Dental Insurance
Vision Insurance
Life Insurance
401k
Paid Time Off
Stock Options
Discounts

CIBC Reviews

All LocationsAbbotsford, BCAlliston, ONAurora, ONBarrie, ONBengaluru, KarnatakaBhubaneshwar, OrissaBordeaux (33)Boston, MABoyle, ABBrampton, ONBrantford, ONBridgenorth, ONBridgetownBrighton, ONBromont, QCBrossard, QCBurlington, ONBurnaby, BCCaledonia, ONCalgary, ABCampbell River, BCCampbellton, NBCarlyle, SKCastriesChicago, ILCochrane, ABConcord, ONCoquitlam, BCCourtenay, BCCourtice, ONDartmouth, NSDigoin (71)Dollard-Des Ormeaux, QCDrayton Valley, ABDrummondville, QCDuncan, BCDundas, ONEdmonton, ABEdson, ABEssex, ONEtobicoke, ONFairview, ABFinch, ONFort Erie, ONFort McMurray, ABFort St. John, BCFredericton, NBGap (05)Greater Toronto Area, ONGundy, ABHalifax, NSHamilton, ONHigh Level, ABJamaica, IAKamloops, BCKelowna, BCKenora, ONKincardine, NBKing City, ONKingstonKingston, ONKitchener, ONKitchener-Waterloo, ONLaSalle, ONLacolle, QCLasalle, QCLeader, SKLens (62)Lombard, ILLondonLondon, ONLower Sackville, NSManchester, NHManitouwadge, ONMaple, ONMarkham, ONMilton, ONMississauga, ONMoncton, NBMontréal, QCMontréal-Est, QCMoose Jaw, SKMumbai, MaharashtraNanaimo, BCNational Capital Region, ONNelson, BCNew Westminster, BCNew York County, NYNew York, NYNiagara, ONNorth Bay, ONNorth York, ONOak Lawn, ILOakville, ONOkanagan, BCOntario, CAOrillia, ONOshawa, ONOttawa, ONParry Sound, ONPort Alberni, BCPort Perry, ONPowell River, BCPrince Albert, SKPrince George, BCPrince Rupert, BCQuebec City, QCRed Deer, ABRegina, SKRichmond, BCRocky Mountain, OKSaint-Hyacinthe, QCSaint-Jérôme, QCSalaberry-de-Valleyfield, QCSales (74)Sarnia, ONSaskatoon, SKSault Ste. Marie, ONScarborough, ONSooke, BCSt. Catharines, ONSt. Stephen, NBSt. Thomas, ONStony Plain, ABSurrey, BCSylvan Lake, ABTerrace, BCThompson, MBThornhill, ONTillsonburg, ONTimmins, ONToronto, OHToronto, ONTrinidad, COUxbridge, ONVal Caron, ONVancouver Island, BCVancouver, BCVaudreuil-Dorion, QCVaughan, ONVictoria, BCWaterdown, ONWaterloo, ONWhitby, ONWhitehorse, YTWilliams Lake, BCWindsor, CAWindsor, ONWinnipeg, MBWoodstock, ONWorth, ILYellowknife, NTYoung, SK

Overall Reviews at CIBC

2.0
Associate Director | Chicago, IL | Sep 5, 2019
Great benefits -poor finance group dynamics
Benefits are great as far as medical, dental, bank holidays and vacation time. No formal employee development, ongoing feedback is absent and team dynamics overall is poor All levels of salaried employees should receive ongoing feedback and have the opportunity to work with managers on his/her own employee development. Being left in the dark until the day of receiving annual merit increases via direct deposit isn’t fair for all parties, starting with senior management on down down. When management decides he/she is leaving after working 8 hours during a paid holiday, then punish their employees for doing the same, this really sets a poor work environment. Employees should feel there’s an open door policy. When errors are discovered and brought to management’s attention, they shouldn’t be told to cover it up. Or to ignore it. Employees should also feel empowered to be able to go to senior management in situations as mentioned here without worry of being fired. Benefits are great, medical phenomenal, 401K standard but the company they use to for their investments is one of the best in the country. Work perks are great, including free onsite gym at both Chicago locations, free coffee/lattes, carbonated drinks, great employee lounge.
ConsPoor management, no feedback or development, no guidance or support. Hiding accounting errors.
4.0
Chief Operating Officer | Trinidad, CO | Sep 19, 2018
A challenging position with varied responsibilities
As COO I am responsible for setting up a full luxury environment in a two-tower 21 floors each. The property housed many of the Ambassadors and high Commissioners along with Industry leaders. Being responsible for the Real Estate I learned the art of selling to the very wealthy by creating a really impressive lifestyle environment. I was on my own but reported to the local Director and the banks. There was not much of a culture per se since I was mostly on my own with a small staff. I really enjoyed training the staff, however. The hardest part of the job was the Real Estate sales as there was only the indigenous market which presented a huge challenge. I enjoyed meeting some very interesting people and also selling the apartments.
ProsLived in and had a car and medical
ConsWorked seven days a week as required.
5.0
Executive Assistant | New York, NY | Aug 6, 2018
Extraordinary experience on Wall St. Clients where wonderful. As face paced as can be. Invigorating.
Started in a co-op program in high school and promoted to work with top producer by the time I graduated. Learned a great deal of the markets and gained knowledge that will last a lifetime. Still friends with co-workers and management. Traded in millions every day, and kept clients abreast of all activity and most importantly had to be there early to check prior days trades for accuracy and inform clients of morning news that affected them, all prior to opening of markets.
ProsExperience gained, fast paced, relationships, challenging, always changing
ConsStressful yes, and position I held would be extremely difficult to maintain with small children and commuting.
5.0
Associate Director | New York County, NY | May 14, 2018
Procurement
CIBC Markets was an enjoyable experience. It allowed me to work with senior management giving me a new exposure. It was my position to analyze the projects that I was assigned and provide and alternative approach for savings for the company. I was given projects that were new to the procurement department and took the head on and provided outstanding results. the most rewarding part of my job was creating a company car service for all staffing in NY and other states that CIBC was located. The most difficult part of my position was the time frame in which I had to accomplished creating the data base for the car service application.
ProsCompany atmophere
ConsCompany was dismantled after 9-11
5.0
Administrative Assistant | Manchester, NH | Oct 30, 2018
A phenomenal and self-developed experience
Working at the bank was a dream of mind from a tender age. The experience has taught me alot as you interact with a myriad of personalities. It enables you to be tolerant of different persons who you don't normally see on a daily basis. Over time you learn computer skills, even when you thought you knew it all. Speaking to costumers in person or via telephone and assisting them with their differences was an awesome experience. The bank has taught me to be punctual, efficient and productive. I would recommend persons to get an experience as it enables self-growth.
ProsWorking hours, health benefits
ConsContract works for long periods
5.0
Quality Assurance Analyst | Windsor, CA | Apr 18, 2019
Qa
Responsible for supporting the planning, design and execution of system testing on simple to complex implementation, works collaboratively within the IT department and business units to execute and validate test cases based upon system requirements. Other responsibilities include: Develop test plans, test cases, test scripts and test reports on multiple projects of varying size. Perform testing on various software, telecom and reporting systems. Validate that user expectations are achieved during the testing process. Review user requirements documents to ensure that requirements are testable.
ProsGreat Eviranment
ConsSalary less
1.0
Operations Analyst | Chicago, IL | May 3, 2019
Mismanagement and Lack of Training
So I was very optimistic when I first started because I was shown a whole training plan that extended for a month and a half. I felt like I would've been prepared to work the job, but unfortunately, they ended up scrapping the plan and trained me for only 4 days. I had a huge difficulty learning the systems and making mistakes because I literally had to learn on the spot. I ended up feeling very overwhelmed and I lacked the support from my supervisors and managers.
ProsSome friendly coworkers, great amenities
ConsManagers are part of a club, and you're not in it
1.0
Facilities Assistant | Chicago, IL | Aug 29, 2018
Stressful
CIBC has been a overall very stressful work environment. I worked in the Chicago office as the Facilities Assistant in the mail room. I was placed there through an outsource company. My experience there was unbelievable, stressful and the people at the company are very hard to work with. complains about minor things, speak down on you, sometimes scream at you when they can't get their way. I'm actually excited to be moving on to greater things outside of CIBC company.
5.0
Intern Manager | Chicago, IL | Sep 12, 2019
Talent Management Intern
My time with CIBC was one of my favorites. I was able to assist in building a leadership competency model with my manager who was currently working on this for his PhD and for the bank. I did three months of research on training for this model. The amount of trust they had in me was massive. I had recently obtained my bachelors and was preparing for my Maters. They took me in and allowed me to take off with a lot of support.
2.0
Senior Financial Analyst | Chicago, IL | Jul 22, 2019
Poor finance group-stay away!
Poor culture and team dynamics. Management doesn’t know how to manage. No ongoing feedback is provided and the financial reporting team has a tendency to hide errors when reporting financials. Team members attempted to bring this to light and were fired as a result. Benefits are great. Pay is consistent with industry.

Questions And Answers about CIBC

What is the most stressful part about working at CIBC?
Asked Mar 2, 2017
Sometimes making sure the equipment worked properly and was in sync with remote locations based overseas.
Answered Aug 6, 2018
Creating the data base for the car service application
Answered May 14, 2018
What is the work environment and culture like at CIBC?
Asked Oct 27, 2016
High productivity and teamwork.
Answered Apr 28, 2018
Very friendly and professional
Answered Nov 15, 2017
What benefits does CIBC offer?
Asked Sep 5, 2016
Excellent stock porfolio
Answered May 14, 2018
Health care. Pension. Bonus
Answered Apr 28, 2018
What is the vacation policy like at CIBC? How many vacation days do you get per year?
Asked Mar 8, 2018
Per year, you get 12 days of vacation.
Answered May 3, 2019
New hire 2-weeks,each years days are added
Answered Oct 31, 2018
What advice would you give the CEO of CIBC about how to improve it?
Asked Oct 27, 2016
Stronger emphasis on manager to employee development, and a standardization of processes and policy across all regional teams.
Answered Mar 8, 2018
Offer more job security to the administrative assistants in Equity Research.
Answered Jan 2, 2018