Scotiabank Reviews

Updated May 25, 2020

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3.6
69%
Recommend to a Friend
77%
Approve of CEO
Scotiabank President and CEO Brian J. Porter
Brian J. Porter
1,331 Ratings
Pros
  • "Good Team, Work life balance is great(in 248 reviews)

  • "Excellent work environment with extremely professional staff that always looked to put customers first(in 238 reviews)

Cons
More Pros and Cons
  1. "Research Analyst"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Research Analyst 
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Scotiabank full-time for more than a year

    Pros

    Great place to work at. Work life balance. Space to be an entrepreneur with your work. Good culture, growth opportunity.

    Cons

    Not much to say on the negative side. Canadian, large, so that means its slightly bureaucratic and slow, but it’s not a major issue.

    Scotiabank2018-08-22
  2. "After College"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Analyst in Houston, TX
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at Scotiabank full-time for more than a year

    Pros

    Smaller working group to help learn

    Cons

    less deal flow than better known brands

    Scotiabank2020-05-05
  3. Helpful (3)

    "Mediocre Place"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Associate Director in New York, NY
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at Scotiabank full-time for more than 5 years

    Pros

    A handful of people are genuinely smart and professional. Location.

    Cons

    No synergy, horrible attitudes, condescending employees. Sales people pretend to be dumb to get out of work, management applauds it. The place is run by paper managers who were friends in college and decided to hook each other up with a job. They do nothing. They communicate very little downwards. The place is a house of cards.

    Continue reading
    Scotiabank2020-02-01
  4. "Management"

    3.0
    • Work/Life Balance
    • Career Opportunities
    • Compensation and Benefits
    Current Employee - Financial Advisor 

    I have been working at Scotiabank full-time

    Pros

    If you have a good manager, you have a good team

    Cons

    Their products are less competitive than others'

    Scotiabank2020-01-15
  5. Helpful (1)

    "Good company , if in Canada"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Manager in New York, NY
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at Scotiabank full-time for more than a year

    Pros

    US is growing, so there are opportunities

    Cons

    US is still growing, so there are growing pains

    Continue reading
    Scotiabank2019-11-21
  6. "Great company"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Associate in New York, NY
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at Scotiabank full-time for more than a year

    Pros

    Flexible, great team, relaxed environment

    Cons

    Takes time to get approvals

    Continue reading
    Scotiabank2019-11-21
  7. "Analyst"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee 
    No opinion of CEO

    I worked at Scotiabank full-time

    Pros

    global presence (LATAM growing fast) mobility and number of opportunities within the firm generally flat structure across the firm.

    Cons

    The Canadian office can focus more on the US side. Communication with the senior folks and juniors can improve.

    Scotiabank2019-12-02
  8. "Conservative Work Environment & Culture"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Finance Analyst in New York, NY
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at Scotiabank part-time for less than a year

    Pros

    Scotia is flexible with allowing employees shadow their daily tasks in an effort to learn about other departments. Overall the environment is more relaxed than a BB.

    Cons

    Overall conservative environment without much research into new products.

    Scotiabank2019-08-22
  9. Helpful (2)

    "Management's desperation for quarterly results leading to the compromise of risk management and customer relationships."

    2.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Director in New York, NY
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at Scotiabank full-time for more than 8 years

    Pros

    Office location 401K match Some good people

    Cons

    Office overcrowded. Management has short time to fix problems making them take risks and set unrealistic goals and blame staff for not achieving them. Toxic environment leading to high turnover.

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    Scotiabank2019-08-18
  10. Helpful (3)

    "Mostly positive but some gripes."

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Equity Research Associate in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Scotiabank full-time for less than a year

    Pros

    In the U.S. capital markets sub-section of Global Banking and Markets, there is an entrepreneurial vibe because we're growing.

    Cons

    They are slow to move on everything and it takes a very long time to get things approved and to make things happen. They are very cheap. They claim they want to grow their U.S. business but they don't want to spend the money necessary to make that happen.

    Continue reading
    Scotiabank2019-06-18
Found 3344 reviews