Scotiabank Reviews

Updated April 28, 2015
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4.0
236 Reviews
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Scotiabank President and CEO Brian J. Porter
Brian J. Porter
47 Ratings

236 Employee Reviews

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  1. Senior software developer

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

    I worked at Scotiabank (Less than a year)

    Pros

    Coworkers were nice and friendly

    Cons

    Pay is not good, lots of politics

  2. senior manager

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

    I worked at Scotiabank

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    good people to work with, on public transportation line, no layoffs

    Cons

    slow to advance, compensation less than other banks

    Advice to Management

    let senior levels move before 3 years

  3. Helpful (2)

    Good, steady work. Heavy workload for FAs

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

    I have been working at Scotiabank (More than 3 years)

    No opinion of CEO
    No opinion of CEO

    Pros

    Good benefits, and share ownership program.

    Cons

    Workload, technological infrastructure very dated, slow and frustrating.

    Advice to Management

    Invest in technological infrastructure to bring useful tools, and system stability to branches.

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  5. Wonderful

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Assistant Manager Human Resources in Christiansted, VI
    Former Employee - Assistant Manager Human Resources in Christiansted, VI

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

    Recommends
    Approves of CEO
    Recommends
    Approves of CEO

    Pros

    Team Oriented, successful, integrity, Training and Development, and more.

    Cons

    Not competitive enough to help employees drive successful sales results.

    Advice to Management

    Be more competitive. It will help to drive great sales results. Employees will be more motivated to reach out for the business.

  6. Great Company

    • 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 full-time (More than 8 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Career advancement , committment to employees, team approach to work and work/life balance

    Cons

    Technolgy systems are old. Long hours

    Advice to Management

    Investment in technology to enhance your employee work product and efficiencies.

  7. Excellent work life balance

    • Comp & Benefits
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Associate Director in New York, NY
    Current Employee - Associate Director in New York, NY

    I have been working at Scotiabank

    Recommends
    Recommends

    Pros

    Excellent work life balance, Excellent benefits and reasonable hours

    Cons

    Very limited US growth, lower salaries compared to competitors

  8. Review

    • Comp & Benefits
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Associate Director in New York, NY
    Current Employee - Associate Director in New York, NY

    I have been working at Scotiabank

    Recommends
    No opinion of CEO
    Recommends
    No opinion of CEO

    Pros

    Excellent Benefits Excellent Benefits Excellent Benefits

    Cons

    Lower salary than the competition

    Advice to Management

    Raise salary!

  9. Good, solid bank with pleasant atmosphere.

    • Comp & Benefits
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY

    I have been working at Scotiabank

    Recommends
    No opinion of CEO
    Recommends
    No opinion of CEO

    Pros

    The company is in good shape at a time when the financial sector as a whole is in chaos. Offices and branches around the world mean opportunities for working abroad. There is an atmosphere if healthy competition, without much of the eat-rocks-and-crap-fire, alpha-dog stuff you might find elsewhere.

    Cons

    A fair amount of second-guessing; lots of paperwork; some of the same territoriality you will find in any big organization. Office location next to WTC site will be a downer for some (at least until something is finally built there).

    Advice to Management

    Keep being cautious about risk and capital ratios. Maybe cut back a little on the strategic missives couched in wordy corporatese. When I read these, I'm not convinced that the thinking behind them is entirely clear.

  10. 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

  11. 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.

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