Company Profile

    Company overview

    Industry

    Banking & Credit

    Primary location

    150 Collins St, Melbourne VIC 3000
    Naarm, Wurundjeri Woi Wurrung and Bunurong Country
    We are a leading provider of wholesale banking services in the area, with an increasing presence in the Asia/Pacific region.Our relationship managers and analysts provide clients with expertise, cutting-edge credit research analysis and solution-based approaches. Commence your career in this team as an associate, in the role of relationship officer, or through our specialised WIB Graduate Program.We provide customised solutions that meet clients' needs in any stage of the business life cycle. The priority of our client managers and client enquiry managers is to provide clients with innovative cash management and transaction service solutions backed by state-of-the-art technology.Westpac focuses on providing clients with the benefit of in-depth market knowledge and one of the largest sales and distribution networks in Australia and New Zealand, coupled with expertise in an extensive range of industries and sectors.Source: this is an extract from the company’s own website

    Reviews overview

    2.814 ratings in total
    5
    1
    4
    4
    3
    3
    2
    3
    1
    3
    64%
    Rate salary as high or average
    50%
    Employees recommend this employer to friends

    What’s it like working at Westpac Institutional Bank?

    AI summary of recent reviews

    Employees at Westpac Institutional Bank appreciate the great colleagues and good collaboration, as well as the benefits and perks offered. They also value the work/life balance, with flexible working hours and arrangements. The interesting deal flow and products offered by the top part of the bank are seen as a positive.

    However, there are some potential challenges, such as issues with management, including poor leadership, lack of experience, and an ageing management team that may not be innovative. There are also limited opportunities for career development and progression, particularly for those who have been with the company for a long time. Employees have indicated that there is often a heavy workload with limited resources, leading to situations where staff are overworked and high-quality work is not always prioritised. Additionally, there are concerns about aspects of the culture, such as a toxic environment, infighting, and a lack of respect for contractors in some areas.

    Is this AI summary useful?

    Recent reviews

    1.0
    Banker
    Jun 2023
    Melbourne VIC 30001 to 2 years in the role, former employee
    worst company I have ever worked for
    The good thingsbanking and finance based
    The challengestoxic work environment, strong leadership is overpowered by poor management teams
    3.0
    Senior Associate
    Jul 2020
    1 to 2 years in the role, former employee
    Could improve management and department structure
    The good thingsTeam members are great to work with. Good collaboration
    The challengesChurn of new staff and career development. Little to no opportunity to move across in a reasonable time frame.
    2.0
    Customer Experience Manager
    Mar 2020
    All Australia3 to 4 years in the role, former employee
    Taken advantage of
    The good thingsSome great team mates Good perks
    The challengesAlways short staffed, no one is valued for their work, low quality work is accepted and those doing high quality work constantly pick up the slack. No training or professional development
    Ratings for Westpac Institutional Bank are shared as-is from employees in line with our community guidelines
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    This profile contains information from job postings, company websites, third-party databases and AI-generated content. Information may be incomplete or outdated. View our Company Profiles Terms.