National Bank Financial Reviews

Updated April 26, 2015
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3.5
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Luc Paiement
6 Ratings

12 Employee Reviews

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  1. Investment Assistant

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Investment Advisor Assistant in Montreal, QC (Canada)
    Current Employee - Investment Advisor Assistant in Montreal, QC (Canada)

    I have been working at National Bank Financial full-time (More than 3 years)

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Great colleagues, much opportunity to learn and advance, great benefits

    Cons

    Low base salary, low raises


  2. Business/ Application Analyst

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

    I worked at National Bank Financial

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

    Pros

    Learn so much about communication, programming, business aspect

    Cons

    A lot of work needs to be done. Long hours required.


  3. Great compensation, but a lot of stress and lack of innovation

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

    I have been working at National Bank Financial

    Doesn't Recommend
    Positive Outlook
    Doesn't Recommend
    Positive Outlook

    Pros

    Excellent compensation package. Dealing with huge amounts of money is somewhat thrilling.

    Cons

    The documentation is a mess. Lack of innovation.


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  5. Good Company, Good People, Very Good Benefits

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Associate Advisor in Vancouver, BC (Canada)
    Former Employee - Associate Advisor in Vancouver, BC (Canada)

    I worked at National Bank Financial full-time (More than a year)

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

    Pros

    Great people to work with and learn from. Very good training program for associates. Very good benefits and working conditions.

    Cons

    IT services and back-office support could be better Advisor website is not as good as other firms in the industry. Hard to get promoted if you're not from Qubec

    Advice to Management

    Back-office support could be improved It would be good idea to reward top performers with perks


  6. adviser investment

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Investment Advisor in Montreal, QC (Canada)
    Current Employee - Investment Advisor in Montreal, QC (Canada)

    I have been working at National Bank Financial full-time (More than 3 years)

    Doesn't Recommend
    Positive Outlook
    Doesn't Recommend
    Positive Outlook

    Pros

    it's interesting to trade when you have your licence. You have important responsibilities to deal with. Good opening job, you can learn at lot of stuff in banking, investing, trading.

    Cons

    It is enough to stay there for 1-2 years to get some experience on investment, but better find another job if you want to move forward for your career.

    Advice to Management

    small team


  7. Lack of organization and good leadership

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

    I worked at National Bank Financial

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    Pros

    NBF allows you to manage clients money as you, the advisor see fit. Good selection of product which is similar to other firms.

    Cons

    Head office administration is not experienced or organized. Advisors cannot talk with HO staff. There is a team of people that take the advisors requests to HO. This is cumbersome and frustrating. Compliance with NBF is out of control and restrictive compared to other firms.

    Advice to Management

    Get your executive team working together effectively. Listen to advisor complaints and act on them. Get the bank, National Bank out of National Bank Financial's business.


  8. Good work/life balance, but limited growth opportunities for anglophones

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

    I have been working at National Bank Financial full-time (More than 8 years)

    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO
    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO

    Pros

    Strong growth for business, great work/life balance, great team work environment, strong community involvement

    Cons

    Archaic computer systems, limited career advancement opportunities (especially for anglophones), unsupportive and uninvolved HR staff, non-competitive salaries vis-a-vis other Canadian broker dealers.

    Advice to Management

    Concentrate on nurturing and developing talent from within as opposed to acquiring it from the outside. Make salaries more competitive in order to keep talent from going elsewhere.


  9. Boutique dealer experience in a large bank environment

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

    I worked at National Bank Financial full-time (More than 5 years)

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    Pros

    Organization is relatively flat compared to other bank competitors, significant deal flow

    Cons

    Significant attrition and restructuring efforts over the past few years, in addition to remaining growing pains from recent acquisitions, management does not seem aligned to a concrete vision


  10. Helpful (1)

    Great people. Believe in their employees

    • Career Opportunities
    • Senior Management
    Current Employee - Senior Trader in Toronto, ON (Canada)
    Current Employee - Senior Trader in Toronto, ON (Canada)

    I have been working at National Bank Financial full-time (More than 10 years)

    Pros

    Benefits, comp, Location, respect , good managers

    Cons

    A bit of nickel and dining lately. Cost cutting, new banking policies-having to have account with nbf.


  11. Helpful (2)

    Solid company, excellent benefits

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Registered Investment Assistant in Vancouver, BC (Canada)
    Former Employee - Registered Investment Assistant in Vancouver, BC (Canada)

    I worked at National Bank Financial full-time (More than 5 years)

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

    Pros

    Growing company, invest in equipment and software

    Cons

    Still not enough presence in Western Canada



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