Toxic workplace and full of constant propaganda about diversity & growth -DON'T FALL FOR IT. AND CHEAP!!!
Pros
1) A-1 Benefits package- better than most banks. 2) Nice new down town office 3) Small teams- everyone knows each other 4) bathroom is (fairly) clean and they have a big kitchen and nice view 5) receptionist is nice
Cons
where do I begin..... 1) Canada HR is HORRIFIC! Do not go to them and complain about your manager... THE WHOLE COMPANY will get a copy of your email and they will HUMILIATE you! HR will always look out for the bank and bad managers and colleagues will NOT be disciplined. 2) So much favoritism. No matter how foul a person can be, if they're good at kissing butt, your life will be miserable (again, don't bother going to HR about racist or sexist comments because they will not be taken seriously- you'll only get viewed as a complainer or a "problematic" employee. 3) I am so sick and tired of all the propaganda about diversity and growth and supporting internal talent! Such a load of poo!!! This bank ALWAYS hires externally (except for when a VP hires his friend's kid as a favour in which case even deserving undergrads with no connections do not have a chance). 4) There is NO diversity in sales- its all white males. And for those diverse analysts and associates, they get squeezed out cause it’s a white boys club- its so toxic and pathetic. If you’re a diverse candidate, your talent and time is better spent elsewhere. You will not be valued you. If you do get hired, they do it to keep their stats up—they don’t actually value you. 5) Upper management on the “Support” floor always takes credit for anyone else’s work. In particular, there is a woman in senior leadership that runs projects and governance initiatives- she lovessss sitting at the boys table (even though she doesn’t actually bring any value) and will step and tear down any other females that intimidates her. She will PUBLICLY HUMILATE other women just cause deep down she knows she’s threatened. But will flirt and act all cute with the men in the room. 6) The “RISK” group is a bunch of clowns. Such a joke. Nobody knows what they’re doing. I can’t wait for Charlie to get rip them apart. It’s a bunch of morons hiring their friends from back home who can barely speak a word of English. If you walk past them, all you’ll hear is them speaking in their own language and you have no idea if they’re making fun of you or talking about work. And I don’t know if they actually ever even do anything they’re always standing around the kitchen talking and laughing. This place is a joke. 7) If you’re not part of the Corporate Investment banking team, you’re a joke and made fun of by everyone on the team from the interns, to associates, to RMs and even the MDs make fun of everyone behind their back. Its so toxic. 8) nobody gets a raise or promotion – unless you threaten to quit. Actually, you may not even get a promotion that way. I have no idea how anyone progresses at this place. 9) they are so CHEAPPPPPPPPPPPP!!! No Christmas party, no lunches, no happy hour, ITS LITERALLY WORK HARD and zero play. Works out if you’re completely emotionless though and don’t care for any recognition. 10) also, their education reimbursement is dumb. Nobody gives it out because it comes out of that team’s AU, and nobody wants to approve that because that means it’s a cut from everyone else’s bonus and you get questioned as to why your AU has so many expensive. The bank doesn’t actually have funds set aside for education or growth so while they talk about helping you grow, they also make you feel like poo when you ask them to pay up. 11) They just fired a bunch of people and think moral stayed the same. Everyone is traumatized from that, and everyone had to pick up and do more work with no increase in pay. Its nuts.