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

4.0
Apr 8, 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.

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5.0
Jun 1, 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.

1.0
Jul 1, 2026
Recommend
CEO approval
Business Outlook

Pros

The NY location is close to Grand Central Station

Cons

Slow Canadian culture that finds it challenging to meet US regulatory standards. Executives play favorites and gaslight employees, if you voice your opinion, they either silence you or try to manage you out with exaggerated "performance issues"

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