Equitable Bank Reviews

Management feels like an exclusive club or a cabal, and there's a serious disconnect from the rest of us on the ground. Everyone busts their tail here, and the hours are insane. But when it comes to reward and recognition, it seems like all the good stuff stays at the top or gets funneled to their overpriced consultant buddies who swoop in without really understanding the business. The CEO is a nice enough guy, but his approach feels old-fashioned. Feels like Mr. McGoo with his finger to the wind. He doesn't seem to have a solid direction, which is worrying in a world that's all about data and staying ahead of the curve. The CFO likes to crack jokes, but underneath that, there's a feeling he hasn't moved on from an older Canadian mindset. He seems more interested in surrounding himself with his own Waspy people than building a strong team. This past year, it's been raining new VPs and Directors, the type who went to fancy schools but never really got their hands dirty in Canadian banking. They're big on presentations and buzzwords, but what are they really bringing to the table?

They have no culture and everyone works silos and doesn't talk to each other, which leads to ineffective processes, increased risk, and confusion. They think forcing people into the office will help this but no one there knows each other or talks. There is no emphasis or attention paid to building culture remotely either, despite claims of being hybrid. It's a LOT of politics and everyone just jumps when the CEO says jump (even when the decision is clearly the wrong decision). People have very little authority to execute decisions and a lot of work is micromanaged which makes work very unfulfilling. There is very little trust at the senior executive level. Turnover is high and everyone I talk too is looking for other work. Glad I got out when I did.