formerly paternalistic firm in transition - Director Scotiabank Employee Review

4.0
29 Oct 2015
Recommend
CEO approval
Business outlook

Pros

- great people, collegial culture, easy to get help from others in the firm (people, even executives, almost always respond) - traditionally conservative and risk-averse environment (the anti-Lehman...)

Cons

- rapid changes are underway which appear to be causing unintended consequences -- proceed with caution, although the culture change might benefit you - traditionally poor compensation has led to complacency and often poor morale (and mediocre middle management and junior execs)

Explore other reviews about Scotiabank

5.0
15 Mar 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

good culture while growing US business lines

Cons

growing US business lines while undergoing multiple changes

2.0
5 June 2026
Recommend
CEO approval
Business outlook

Pros

A couple of smart people who are kind and open to mentoring. Hours not bad given no deal flow in US.

Cons

Top heavy management. Culture values heavy politicking. Low bonuses.

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