Scotiabank Reviews

Updated 2 Jun 2020

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3.6
68%
Recommend to a Friend
78%
Approve of CEO
Scotiabank President and CEO Brian J. Porter
Brian J. Porter
1,334 Ratings
Pros
  • "Good Team, Work life balance is great(in 248 reviews)

  • "Excellent work environment with extremely professional staff that always looked to put customers first(in 241 reviews)

Cons
More Pros and Cons
  1. "More friendly investment bank"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Associate in Toronto
    Recommends
    Neutral Outlook

    I worked at Scotiabank full-time for 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.

    Continue reading
    Scotiabank2013-03-21
  2. "Underpaid, Undervalued"

    2.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee 

    I worked at Scotiabank full-time

    Pros

    You don't take work home with you when you leave. Nice people Big company

    Cons

    Vastly underpaid for amount of work expected Ridiculous sales targets and bonus is next to nothing for amount of money being brought in for the bank

    Continue reading
    Scotiabank2018-05-19
  3. "Great"

    4.0
    Former Employee - Bank Teller in Mississauga, ON

    I worked at Scotiabank part-time

    Pros

    Great work environment, like a family

    Cons

    High expectations, and hard to talk to management

    Scotiabank2020-06-02
  4. "Lagging Behind"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Branch Manager in Toronto, ON
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I worked at Scotiabank full-time for more than 3 years

    Pros

    Opportunity to grow, they are moving in the right direction for technology, risk adverse but want to grow.

    Cons

    Terrible IT infrastructure, disconnect between message at the top of the house and what is possible to actually accomplish with the resources provided.

    Scotiabank2020-06-01
  5. "Good place to work."

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Client Portfolio Analyst in Calgary, AB

    I worked at Scotiabank full-time for more than 8 years

    Pros

    Employee share ownership program and good benefits

    Cons

    less flexibility, strict management, low compensation packages

    Scotiabank2020-05-29
  6. "Nice place to work"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Investment Specialist in Grande Prairie, AB
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Scotiabank full-time

    Pros

    good management and not high pressure

    Cons

    benefits not as good as peers

    Continue reading
    Scotiabank2020-05-29
  7. "Excellent place"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Manager, Financial Analysis in Toronto, ON
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Scotiabank full-time for more than 3 years

    Pros

    Amazing benefits plan, committed to employees, amazing people

    Cons

    Salaries could be higher for the amount of work

    Scotiabank2020-05-29
  8. "5/5"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Customer Service Representative 
    Recommends
    Positive Outlook

    I worked at Scotiabank full-time

    Pros

    good working environment fast pasted

    Cons

    sometimes you have to work weekends

    Scotiabank2020-05-25
  9. "good institution for earning experience in the financial sector"

    4.0
    Former Employee - Senior Financial Advisor in Ottawa, ON

    I worked at Scotiabank full-time

    Pros

    Professional company that teaches you the foundational in financial planing

    Cons

    hard to advance quickly and will take years if you remain within the same institution

    Scotiabank2020-05-22
  10. "a stable job"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Senior Software Engineer in Toronto, ON
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Scotiabank full-time

    Pros

    Do not have many overtime work

    Cons

    the job it self is not so creative

    Scotiabank2020-05-21
Found 3351 reviews