Should be better than it is - Financial Advisor Scotiabank Employee Review

3.0
Dec 30, 2024
Recommend
CEO approval
Business Outlook

Pros

It's a big bank with lots of reach and resources. The products are quite good and the corporate environment is good as far as equality, inclusivity, and fairness. The pay is competitive and the benefits are good.

Cons

The technology is laughably primitive compared to other big banks. They should be much further ahead than they are. The systems feel very patched together and confusing. There is a lot of sales pressure -- they say the emphasis is on financial advice, but you are required to focus on number of calls, number of appointments, sales of products, and gathering external business rather than focusing on what the customer needs and wants. This can cause customers to feel pressured as well as we are coached to constantly try to get them to move all their business. It's hard to accomplish goals when it takes 30-45 minutes to find the proper procedure to solve a problem, or nobody knows how to fix something and they just say "well, keep calling in until you find someone who knows." They still expect you to have the same amount of calls, appointments, and sales even if you spend a few hours trying to fix something for a client, which doesn't generate any sales results.

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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