Scotiabank Reviews

Updated 1 May 2015
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3.5
658 Reviews
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Scotiabank President and CEO Brian J. Porter
Brian J. Porter
118 Ratings

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 Pros and Cons

Employee Reviews

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  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)

    Recommends
    Neutral Outlook
    Recommends
    Neutral Outlook

    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 Management

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

  2. Challenging and Engaging

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

    I have been working at Scotiabank

    Positive Outlook
    Positive Outlook

    Pros

    Variety of opportunities
    Engaging Team
    Strong culture
    Customer Focused

    Cons

    Workload is often very high
    Technology has limitations

  3. CSR is best job for undergrad students

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

    I have been working at Scotiabank full-time (Less than a year)

    Recommends
    Neutral Outlook
    Recommends
    Neutral Outlook

    Pros

    Able to learn about Canadian Banking rules and regulations.
    Gaining customer experience.
    Work in a team every single day.
    Makes you look professional by the time you are a graduate.

    Cons

    Work gets monotonous after 6 months.

    Advice to Management

    Treat your employees as if the way you want your employer to treat you

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  5. Review

    Current Contractor - Anonymous Contractor
    Current Contractor - Anonymous Contractor

    I have been working at Scotiabank as a contractor

    Pros

    great work environment and experience

    Cons

    complicated processes and slow turn around

  6. Senior Analyst

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

    I have been working at Scotiabank full-time (More than a year)

    Recommends
    Neutral Outlook
    Recommends
    Neutral Outlook

    Pros

    Great working culture and supportive of continuous development

    Cons

    compensation is not as competitive

    Advice to Management

    Compensate employees fairly and relative to market

  7. Great Place to Work At!!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Personal Banking Officer in Santo Domingo (Dominican Republic)
    Former Employee - Personal Banking Officer in Santo Domingo (Dominican Republic)

    I worked at Scotiabank

    Pros

    Great Opportunities, Great Training, Best co-workers, very diverse, the company always tries to be on top of technology. overall, great experience.

    Cons

    Work/Life Balance was sometimes a bit hectic.
    Salary could improve.

  8. Senior software developer

    • Comp & Benefits
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Developer in Lexington, MA (US)
    Former Employee - Senior Developer in Lexington, MA (US)

    I worked at Scotiabank (Less than a year)

    Pros

    Coworkers were nice and friendly

    Cons

    Pay is not good, lots of politics

  9. Fantastic, tons of opportunities

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

    I have been working at Scotiabank full-time (More than a year)

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Great networking culture, very professional

    Cons

    As you become more senior your work life balance isn't as balanced

  10. Is a good place to start a professional career, let you meet fluent people and to learn many things related to banks.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Processing Clerk
    Current Employee - Senior Processing Clerk

    I have been working at Scotiabank full-time (More than a year)

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    Opportunities to enhance customer services skill, salary can grow up depending on your performance, good relationship with the coworkers, great place to work, but they need to take care of the employee

    Cons

    Minor salary, a lot of pressure, stress, when someone tries to scale they superiors make the hard one to help, by the sedentary style employee may feel tired by doing the same thing everyday

    Advice to Management

    Start with a minor salary but can grow up depending on your calification or the good performance that you have show during the year..

  11. good place to work

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Scotiabank full-time

    Pros

    open communication, flexible working schedule

    Cons

    low salary, low annual adjustment

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