National Bank Financial Reviews

Updated January 31, 2015
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3.6
13 Reviews
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Luc Paiement
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Employee Reviews

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  1. Business/ Application Analyst

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    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.

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

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    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.

  3. Great intern experience, work hard

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

    I worked at National Bank Financial as an intern (less than a year)

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

    Pros

    Get to learn from the very best, learn a bit about every field
    Really cool work environment and great mentorship

    Cons

    Expected to come at 7 at leave at 7 every day, even when there isn't much to do, some busy work

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  5. Good Company, Good People, Very Good Benefits

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    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

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    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

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    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

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    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

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    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)

    Summer Analyst IBD

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

    I worked at National Bank Financial as an intern (less than a year)

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    Stimulating work environment with the opportunity to work on a variety of projects since summer analysts are in a generalist role. You can also ask to work mainly with a specific team.

    Cons

    The training at the beginning of the internship is less formal than in other banks but most full-timers take the time to walk through the tasks when given for the first time,

  11. Helpful (1)

    Great people. Believe in their employees

    • Senior Management
    • Career Opportunities
    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.

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