The more things change, the more they stay the same - Senior Manager Scotiabank Employee Review

3.0
Mar 11, 2017
Recommend
CEO approval
Business Outlook

Pros

- Most colleagues and their engagement - Solid company - layouts are due mainly to desire to change culture and cut cost than financial woes - Good intentions: push to digital, lots of talk about performance-orientation, empowerment, accountability, diversity.

Cons

- Company's target for women in VP+ positions still stuck at 30% after over 10 years of having the same goal - After change in leadership, women and minority were either ousted or moved to non P&L positions - Leadership looks extremely white and male - Digital Leadership seems to be taken its clues from Silicon Valley - lots of men in hoodies, just younger than the men in the older bank - Despite talks about performance, lots of promotions of low performers are still inexplicable

Explore other reviews about Scotiabank

5.0
Dec 8, 2025
Recommend
CEO approval
Business Outlook

Pros

Incredible learning opportunity if you take lots of initiative

Cons

Limited deal flow compared to larger banks

2.0
Jun 5, 2026
Recommend
CEO approval
Business Outlook

Pros

A couple of smart people who are kind and open to mentoring. Hours not bad given no deal flow in US.

Cons

Top heavy management. Culture values heavy politicking. Low bonuses.

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