Scotiabank Reviews

Updated August 27, 2015
723 reviews filtered by
  • Any Location
  • Any Job Title
  • Full-time
  • Part-time
Employment Status

Reset

723 Employee Reviews

Sort: Popular Rating Date
  1. VP Retail

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Vice President Retail Banking in Lima, Lima Region (Peru)
    Former Employee - Vice President Retail Banking in Lima, Lima Region (Peru)
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Multiculture organization, Great team and well structure sales disciplines trough 55 countries , really a best place to work and long term carreer.

    Cons

    Radical changes in management in the last year are generating the loss of senior executives trained high level for many years of great value to the organization

    Advice to Management

    there a loosing great people in latinamerica


  2. Financial Advisor 4 Review

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Advisor in Halifax, NS (Canada)
    Current Employee - Financial Advisor in Halifax, NS (Canada)
    Doesn't Recommend
    Negative Outlook

    I have been working at Scotiabank full-time (More than a year)

    Pros

    -learn a lot about everyday financial planning -excellent benefits -scotiabank hires same type of people - teams are compatible

    Cons

    -ask way too much for how much you get paid -lack of movement if the district doesn't want to let you go.


  3. Helpful (1)

    Needs work at the Mid-Management level

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Toronto, ON (Canada)
    Current Employee - Anonymous Employee in Toronto, ON (Canada)
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    - Large organization, Top 5 banks in Canada - Various functions in both Canadian and International Banking - Strong brand, everyone knows what it stands for

    Cons

    - Culture is overly collegial - Reward and recognition is lacking - A lot of long-term Scotiabankers are stuck in old ways and holding the organization back from advancing

    Advice to Management

    I think the top of the house is doing a great job moving the organization in the right direction. A lot of work is still needed at the middle management level as they are stifling innovation and progress by being stuck in old ways.


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. analyst

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    culturally diverse environment with good work life balance.

    Cons

    salary is less compared to other financial institutions. management needs proper direction.

    Advice to Management

    Experienced management needs to be hired.


  6. Knowledge Portal Consultant

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Senior Management
    Current Employee - Consultant in Richmond Hill, ON (Canada)
    Current Employee - Consultant in Richmond Hill, ON (Canada)
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Scotiabank (Less than a year)

    Pros

    great culture, nice team, agile

    Cons

    desktop is bit of slow


  7. FA job review

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Advisor
    Current Employee - Financial Advisor
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Scotibank has great employees who are always willing to help new people learn. There seems to me a lot of room to advance, but it seems to be more for the bigger centres. If you like meeting and working with new clients everyday then this sort of job is for you

    Cons

    There are a lot of changes you need to keep up with, which isn't necessarily a bad thing, it just means you have to do your reading! You also need to be able to budget your time well to fit in what is expected of you. Sometimes the pay doesn't exactly feel like it is compensating for all the work you're doing.


  8. Specialiste gestion des avoirs

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

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

    Pros

    Defined benefit pension, free bank account & gold via for employes

    Cons

    at least 2 yrs before a promotion, if you don't have connections


  9. Good opportunity, poor pay

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Business Analyst in Toronto, ON (Canada)
    Current Employee - Senior Business Analyst in Toronto, ON (Canada)
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at Scotiabank full-time (More than 5 years)

    Pros

    Excellent mobility between positions and departments. There is immense opportunity for those who work hard enough to uncover it. Pay can accelerate quickly.

    Cons

    Initial salaries are below average to the marketplace. Management can severely impact performance ratings and pay improvement negatively. Benefits are also poor.

    Advice to Management

    Continue to work towards identifying good talent within.


  10. good

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    I think it is a good place to work

    Cons

    I dont have any currently


  11. Good and bad

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook

    Pros

    Friendly workplace, nice diversity within its workforce both culturally and spiritually.

    Cons

    Benefits package are not as comparable as other big banks in Canada. Do not allow new employees to contribute to corporate share plan until after 1 year of service. Health care benefit provider is terrible and create too much red tape and prevent employees to access needed assistance.



Showing 723 of 792 reviews
Reset Filters
RSS Feed </> Embed

Your response will be removed from the review – this cannot be undone.