Scotiabank Reviews | Glassdoor

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Scotiabank Reviews

Updated January 19, 2018
761 reviews

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761 Employee Reviews

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Pros
Cons
  • unable to strike a good work life balance (in 57 reviews)

  • 20% of interns were hired for full time positions (in 32 reviews)

More Pros and Cons

  1. "Experience at the branch"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Advisor in Toronto, ON (Canada)
    Former Employee - Financial Advisor in Toronto, ON (Canada)
    Recommends
    Approves of CEO

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

    Pros

    Hours are good at branch level for employees.
    Not an aggressive environment for the particular branch I worked at.
    Tellers are friendly.
    The bank has a good customer base.

    Cons

    Not all branch managers are good.
    Pressure for sales rep.
    No commissions given to sales rep.


  2. "Exposure and Capital Analysis, Global Risk Management"

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

    I have been working at Scotiabank full-time

    Pros

    great people and work environment

    Cons

    relatively low pay and poor IT systems

  3. "Scotiabank"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    Current Employee - Anonymous Employee in Langley, BC (Canada)
    Current Employee - Anonymous Employee in Langley, BC (Canada)
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Good pay n benefits

    Cons

    Nothing I can think about


  4. "Universal Banker"

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

    I have been working at Scotiabank part-time

    Pros

    Great company to work for! No problems

    Cons

    There are no cons to working at Scotiabank


  5. "Retail Credit Risk Manager"

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

    I have been working at Scotiabank full-time

    Pros

    There are many benefits in working for the bank. The ''perks'' and benefits are great.

    Cons

    The bank has gone through a digital change therefore there are many cuts and there is this constant anxiety of your functions being eliminated.


  6. "Great culture to work for"

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

    I have been working at Scotiabank full-time (More than 10 years)

    Pros

    Performance oriented culture (particularly for a big 5).
    Good people.
    Bonus structure is great and has been consistently trending upwards over the past several years
    Good employee share plan
    Four weeks vacation

    Cons

    None, making all the right moves in the finance industry.


  7. "Market Data Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    - friendly
    -really great culture
    - lots of opportunities to learn

    Cons

    - too slow paced for my preference

  8. "great place"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO

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

    Pros

    good career guidance. good for entree level

    Cons

    low pay from other banks

    Advice to Management

    increase payment


  9. "View from an insider"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Credit Risk Manager in Toronto, ON (Canada)
    Current Employee - Credit Risk Manager in Toronto, ON (Canada)
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    Team is great- really all hands on deck culture; workplace setup is good;

    Cons

    Payment is below market rate; logistics wise- not that great; growth area is under staffed; though team is good, wider bank's culture is mixed ..

    Advice to Management

    Split leadership is a trouble- it requires too much reduant work


  10. "Audit Manager"

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

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

    Pros

    Fast paced dynamic environment, room to expand knowledge

    Cons

    Low pay rates compared to peers


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