Rubbish banking IT organization! - Senior Software Engineer CACIB Employee Review

1.0
10 Aug 2021
Recommend
CEO approval
Business outlook

Pros

Laid-back and lazy, if you call it "Pros". Wait for things to fall in place or NOT fall in place.

Cons

(1) Stone-age in almost everything: Management, culture, mindset and technology. (2) Incompetent and incapable managers. Ever heard of "I have 50 or 100 direct reports"? (3) Political, cliquey and gossipy (4) Full of suck-ups from India. It is sad that Singapore imports these "foreign talents" from India whom I don't find as "foreign talents" at all. Poor English and unprofessional in their work. (5) Resistant to change (6) Full of red tape and bureaucracies. You can't believe that something simple can involve at least 3 departments to accomplish. Some of them just say "yes/no" without doing anything at all. This is done without contributing significantly to security at all.

Explore other reviews about CACIB

5.0
21 Oct 2025
Recommend
CEO approval
Business outlook

Pros

Good people that help you

Cons

I do not have any

2.0
6 Jan 2026
Recommend
CEO approval
Business outlook

Pros

- Good work life balance. - Good atmosphere in my team.

Cons

- Salary is 30-40% under market, despite "above expectations" at performance reviews and consistent positive feedbacks. Run away if you're on a visa, they'll take advantage of you. - I agree with other comments, HR team is toxic, power play. - Slow. - Don't expect to be able to change things. - No IT culture, lots of manual tasks with low value added due to very poor IS. You'll spend half your time exporting data from legacy systems, manipulate the data and do low value added reporting. As an example, you need to go through a poorly designed UI to export a greek, and wait ~15/30min to proceed with another export. And you only have access to a quarter, so for a period of one year, it's 4 exports. Imagine having to export 3 different greeks over a year, that's 12 exports. - IT team couldn't whitelist yahoo finance endpoints after two years of back and forth with several IT teams.

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