3.0
15 Dec 2016
Current employee, more than 5 years
Toronto, ON
Recommend
CEO approval
Business outlook
Pros
Excellent benefit plan. Competitive bonus structure for head office roles. Generally good at hiring and promoting diversity up to middle management levels. Extremely large company, which means that there are usually opportunities for lateral job changes even when advancement options are not currently available.
Cons
Some departments have a "lifer" culture, with average employee tenures of 15+ years. This makes effecting real change challenging at times. Diversity (of all types) declines above the Director level. For all that there are investments in new technology (e.g. mobile banking), the majority of the bank runs on VERY old software that is utterly unappealing to hires straight out of school.