Scotiabank Reviews

Current Employee – been working at Scotiabank

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 Senior 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.

Yes, I would recommend this company to a friend

Former Employee – worked at Scotiabank

Pros – None (atleast in IT dept)

Cons – Several. Unqualified people holding senior position

Advice to Senior Management – Its down the drain anyway.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

Former Employee – worked at Scotiabank full-time for more than a year

Pros – Some of the individuals within the bank are extremely intelligent, and they give access to upper management. Similarly, they have international rotational opportunities.

Cons – Culture is extremely cutthroat in investment banking and their is no sense of teamwork. Virtually no access to upper management as was once praised.

Advice to Senior Management – Take time to train Jrs.

No, I would not recommend this company to a friend

Current Employee – been working at Scotiabank

Pros – Small close-knit friendly culture at the bank

Cons – Not the smartest people in the industry
Do not get the best deals

Pay is below-market
New York corporate banking is shutting down and layoffs have started
the NYC office is controlled remotely by Bank HQ in Toronto

No, I would not recommend this company to a friend

Current Employee – been working at Scotiabank as a contractor for more than a year

Pros – Good environment to build relationships

Cons – Salary rates are not so competitive

Yes, I would recommend this company to a friend

Current Employee – been working at Scotiabank full-time

Pros – the best multi culture working environment .

Cons – Employee benefit needs to improve

Yes, I would recommend this company to a friend

Current Employee – been working at Scotiabank full-time for less than a year

Pros – Good career starting, personal learning support

Cons – The salary is kinda low

No, I would not recommend this company to a friend

Current Employee – been working at Scotiabank full-time for more than 8 years

Pros – Friendly environment and providing proper training

Cons – Underpaid among big 5 & reduced benefits

Yes, I would recommend this company to a friend

Current Employee – been working at Scotiabank part-time for more than a year

Pros – Good compensation, good environment condusive to hard work

Cons – Sometimes there isn't much clear direction from management

Advice to Senior Management – Please be smarter and wiser

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

Former Employee – worked at Scotiabank full-time for more than 3 years

Pros – - Good benefits (at the time)

Cons – - They are very superficial and unless you kiss a** they will not promote you no matter how good you are.
- There is no real reviews
- Metrics are not applied to you and you are reviewed on someone else's metrics.

Advice to Senior Management – Review EVERYTHING!

No, I would not recommend this company to a friend