Westpac Institutional Bank
Write a review
    Westpac Institutional Bank
    (14 reviews)
    Write a review
    Write a review

    Company Reviews

    Working at Westpac Institutional Bank

    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
    Work/Life balance
    3.4(14 ratings)
    Career development
    2.9(14 ratings)
    Benefits & perks
    3.3(14 ratings)
    Management
    2.3(14 ratings)
    Working environment
    2.9(14 ratings)
    Diversity & equal opportunity
    3.6(14 ratings)
    Ratings for Westpac Institutional Bank are shared as-is from employees in line with our community guidelines

    Reviews

    Showing 14 reviews sorted by most recent
    Sort by
    most recent
    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
    1.0
    Senior Business Analyst
    Jan 2020
    1 to 2 years in the role, former employee
    WIB Financial Markets Regulatory Change Portfolio, First Line Risk
    The good thingsUnfortunately there is really nothing positive to say about working in this project portfolio. The negatives easily outweigh anything positive this portfolio has to offer to prospective employees.
    The challengesThe FM Reg Change Portfolio within WIB is beset by so many challenges, a lot of which stem from an abdication of leadership by its LT. This is a place where the leadership team and it’s leaders, who incidentally been there far too long, offer nothing that inspires and are not held to account. Place is characterised by infighting among its various team leaders, team leaders don’t communicate in a professional manner but rather take potshots by way of emails. Contractors are treated with little respect and are often collateral damage of bickering between various team leaders. Place needs to be cleaned out starting from the top down to individual team leaders.
    1 person found this helpful
    2.0
    Senior Business Analyst
    Sep 2019
    Disappointing with all talk, no action
    The good thingsLots of talk to build strategic solutions
    The challengesManagement with no experience building strategic platforms
    2.0
    Director
    Oct 2018
    1 to 2 years in the role, former employee
    Extremely dissappointing
    The good thingsSome good people Good location
    The challengesPoor out of touch senior management Toxic culture
    1.0
    Customer Service Officer
    Feb 2018
    Wrost place to work for young people and good place for oldies
    The good thingsBenefits and perks.....
    The challengesJust slog and don’t expect any recognition or pay rise.
    4.0
    Senior Project Manager
    Feb 2016
    3 to 4 years in the role, current employee
    Great work/life balance, doesnt quite make up for lower than market average salary.
    The good thingsGreat work/life balance, flexibile working hours and arrangements, agile office.
    The challengesLow salary and no bonuses. Being based in Melbourne when the HQ is in Sydney means that development opportunities are limited.
    4.0
    Product Mgr
    Oct 2015
    Sydney NSW 20005 to 6 years in the role, former employee
    A great company with broad opportunities
    The good things10% deposit with free mortgage insurance on home loans.
    The challengesBureaucracy and low salary if you have been there for more than 5 years
    3.0
    Senior Relationship Manager
    Oct 2015
    current employee
    good but not great.
    The good thingsTop part of the bank providing most interesting deal flow.
    The challengesAgeing management who are not innovative
    5.0
    Personal Banking Advisor
    Sep 2015
    1 to 2 years in the role, current employee
    A great place to start professional career
    The good thingsWestpac has a family style working environment
    The challengesMany thing to learn
    4.0
    Premium Personal Banker
    Sep 2015
    1 to 2 years in the role, current employee
    I enjoy Westac. My experience has been great, I've become number one in personal lending, top 5 in general insurance sales due to my eagerness to learn therefore I'm grateful. I believe it's the best bank to work for at present. I've developed a lot of ne
    The good thingsThe people are great, the systems are awesome, the work life balance I find to be exceptional. The customers tend to be long term bankers with Westpac. The products? Amazing.
    The challengesI found training to be a challenge, there wasn't enough support. Luckily I'm a quick learner, if your switched on, observant and diligent in learning, you'll fly.
    3.0
    Credit Analyst in the Corporate and Institutional Banking area.
    Sep 2015
    7 to 8 years in the role, current employee
    Great place to start out, but leave immediately once things get hard. There is benefit of staying loyal at Westpac.
    The good thingsNice building and colleagues. It is generally a nice place to work and for someone starting out in banking it is probably fine. It is the progression at Westpac which is poor, particularly for graduates after their first jump off their programs.
    The challengesThe constant cost cutting across the board. The continued pressure to do more with no resources. The continue talk from management about wage pressure. The Westpac \"blinkers\" that people grow which drags their enthusiasm down and draws people in like a vortex.
    4.0
    Senior Business Analyst
    Sep 2015
    1 to 2 years in the role, current employee
    Banking with a human touch
    The good thingsFriendly atmosphere with a \"let's get stuff done \" attitude. The company has a very talented and greatly experienced pool of people who are always on hand to impart their knowledge.
    The challengesA bank the size of Westpac is a bit like an ocean liner, it takes time to change course in order to meet regulatory and technological challenges driving the industry.
    Company Reviews published on our site are the views and opinions of their authors and do not represent the views and opinions of SEEK or its personnel. SEEK does not verify the truth or accuracy of any reviews and does not adopt or endorse any of the comments posted. SEEK posts reviews for what they are worth and for informational purposes only to assist candidates to find employment.
    Reviews by location
    All Melbourne VICAll Sydney NSW