Scotiabank Reviews | Glassdoor

Scotiabank Reviews

Updated May 24, 2017
1,594 reviews

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Full-time Part-time

1,594 Employee Reviews

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Pros
Cons
  • unable to strike a good work life balance (in 47 reviews)

  • No centralized process for Co-op students to apply internally for Full time jobs (in 27 reviews)

More Pros and Cons

  1. "IT needs direction"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Helpdesk in San Juan, PR
    Former Employee - Helpdesk in San Juan, PR
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    The managers that come from toronto are more driven that local one

    Cons

    They used extremely obsolete technology, the it managers dont know about technology and HR doesnt actually help you in anyway

    Advice to Management

    my advice to management would be to educate their managers continuously and to also select more it intuitive people


  2. "VP - Business Deposits"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Vice President & Senior Manager in Houston, TX
    Former Employee - Vice President & Senior Manager in Houston, TX
    Approves of CEO

    I worked at Scotiabank (More than 3 years)

    Pros

    World Class Bank with large International presence

    Cons

    Declining US in the US market


  3. "Not a great experience"

    Star Star Star Star Star
    Former Employee - Compliance Analyst in Clifton, NJ
    Former Employee - Compliance Analyst in Clifton, NJ

    I worked at Scotiabank (Less than a year)

    Pros

    There is good morale among employees.

    Cons

    Management is in Canada and has a poor sense of direction

    Advice to Management

    Place directors in other offices. Directors in Canada are out-of-touch because of logistics.


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  5. "Decent place to learn"

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

    Pros

    For the most part, relaxed work environment compared to other banks. Teams are generally lean so opportunity to get broad exposure on transactions.

    Cons

    Lack of structured personal development opportunities. Few similar-aged employees. Scotia feels "cheap" in several ways compared to competitors.


  6. "Manager"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Manager in San Juan, PR
    Current Employee - Manager in San Juan, PR
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Customer focused, great place to work, family oriented, very conserned about your health and wellbeing.

    Cons

    Poor salary, too many part time positions a lot of turnover.


  7. "Great place to work"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Manager in Southbury, CT
    Former Employee - Manager in Southbury, CT
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at Scotiabank (More than 3 years)

    Pros

    Scotiabank is a great to place to work. Lots of room for development and opportunity.

    Cons

    Although the Bank supports development, it comes down to your direct manager to approve and support this.


  8. "Senior software developer"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Developer in Lexington, MA
    Former Employee - Senior Developer in Lexington, MA

    I worked at Scotiabank (Less than a year)

    Pros

    Coworkers were nice and friendly

    Cons

    Pay is not good, lots of politics


  9. Helpful (1)

    "The branch I was stationed in had some of the most amazing people. It truly made the experience top notch."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Customer Service Representative in Cornwall, NY
    Former Employee - Customer Service Representative in Cornwall, NY
    Recommends
    Positive Outlook

    I worked at Scotiabank part-time (Less than a year)

    Pros

    - Truly amazing people
    - Great corporate culture
    - Customer service was always paramount
    - Great banking products and customer loyalty

    Cons

    - The pay for CSR isn't high, but that's to be expected.
    - None

    Advice to Management

    The Cornwall branch is certainly doing things right. Keep it up.


  10. "Scotiabank"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - ION Marketview Support Analyst in New York, NY
    Former Employee - ION Marketview Support Analyst in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Scotiabank full-time (More than a year)

    Pros

    A young and dynamic working environment

    Cons

    The people that worked closely with me and my direct bosses did not decide my salary


  11. Helpful (5)

    "Boring workplace like a senior housing project"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Director in New York, NY
    Former Employee - Director in New York, NY
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Scotiabank full-time (More than 3 years)

    Pros

    work life balance is often cited. This is about the only thing worth mentioning..

    Cons

    Company values: keep your job security by not working or taking initiatives.
    Office culture: do not reward people who go out of their ways to help others

    Advice to Management

    An example of follower-culture that takes no risks in doing anything. Better re-start!


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