Scotiabank

  www.scotiabank.com
  www.scotiabank.com

Scotiabank Reviews

Updated 17 December 2014
Updated 17 December 2014
562 Reviews
3.4
562 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Scotiabank President and CEO Brian J. Porter
Brian J. Porter
89 Ratings

Review Highlights

Pros
  • work life balance, position title is higher than other Canadian banks (in 80 reviews)

  • weekly team meetings which encourages a team-oriented work environment (in 30 reviews)


Cons
  • Was recruited with a promise of improved work life balance - this hasn't materialized (in 6 reviews)

  • Some office politics but nothing unlike other work places (in 9 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    More friendly investment bank

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Associate in Toronto
    Former Employee - Associate in Toronto

    I worked at Scotiabank full-time (more than 3 years)

    Pros

    Willing to promote from the Analyst level, small deal teams are great for taking on responsibility, most MDs are a pleasure to work for and take an interest in your development.

    Cons

    Investment banking group does not appear to be a priority of senior management and represents a small portion of overall bank profitability. League table performance has been lower than expected over the last several years.

    Advice to ManagementAdvice

    Strategy has been ill-conceived over the last half decade - not necessarily senior management's fault. Develop clear strategy and stick to it.

    Recommends
    Neutral Outlook
  2.  

    I have a telephone Interview .

    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Scotiabank

    Pros

    Scotia is one of best employer to work with

    Cons

    I don't have any banking experience.

  3.  

    contract employment at scotia

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Scotiabank

    Pros

    great company with great people working there

    Cons

    not alot of room for growth and improvement

  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5.  

    Auditor

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Scotiabank

    Pros

    Great people to work with

    Cons

    boring work, lack of variety

    Recommends
    Neutral Outlook
  6.  

    Good culture to work in

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Customer Services Representative in Toronto, ON (Canada)
    Former Employee - Customer Services Representative in Toronto, ON (Canada)

    I worked at Scotiabank full-time (more than 5 years)

    Pros

    A lot of benefits work for the bank: free banking accounts, share option, free career guidance from third party.

    Cons

    It's stressful sometimes as a customer service representative.

    Recommends
  7.  

    Great people, slow progression

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous in Toronto, ON (Canada)
    Former Employee - Anonymous in Toronto, ON (Canada)

    I worked at Scotiabank full-time

    Pros

    Lots of great people, really friendly and fun atmosphere. Pretty similar to the other banks, management tried to create opportunities for the team

    Cons

    Bad technology, low budgets, like any office managers have favourites, needs to be more strategic within specific teams, often just reacting to outside forces

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    Intern (Data Science)

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Data Analyst in Toronto, ON (Canada)
    Former Employee - Data Analyst in Toronto, ON (Canada)

    I worked at Scotiabank as an intern (less than an year)

    Pros

    Learning opportunity with strong incentive to stay

    Cons

    Contractor culture with few opportunities for fulltime employment

    Recommends
    Neutral Outlook
    Approves of CEO
  9.  

    lots of learning over the years

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Branch Manager
    Former Employee - Branch Manager

    I worked at Scotiabank full-time (more than 10 years)

    Pros

    Scotiabank supports you and lays off through attrition

    Cons

    too much work, but all businesses seem to be the same

    Advice to ManagementAdvice

    n/a

    Recommends
    Positive Outlook
    Approves of CEO
  10. 1 person found this helpful  

    Unclear roles and responsibilities

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Scotiabank

    Pros

    relatively slow pace compare to other banks.

    Cons

    unclear roles and responsibilities. too many overlaps. the organization could be run more efficiently by hiring people who are technically competent and hiring less. Some groups emphasis too much on "team player" which translate into a lot of time spent on gossiping and less time focus on work. There are positions primarily for "head count" purposes and not really essential.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  11.  

    Good

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Scotiabank

    Pros

    Good, downtown, professional, the PATH, commute

    Cons

    Very big,training, recognition, time off

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