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      Scotiabank

      Engaged Employer

      Scotiabank reviews

      3.8

      74% would recommend to a friend

      (11,103 total reviews)
      avatar

      Scott Thomson

      74% approve of CEO

      64% positive business outlook

      Ratings by demographic groups

      Scotiabank has an employee rating of 3.8 out of 5 stars, based on 11,103 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Scotiabank employee rating is in line with the average (within 1 standard deviation) for employers within the Finanzas industry (3.7 stars).

      Reviews by job title

      11K reviews
      2.0
      Aug 24, 2010

      Not a great review

      Mutual fund accountant
      Recommend
      CEO approval
      Business Outlook

      Pros

      This Bank is growing with lots of opportunity to advance your career and has been named top 50 corp to work for.

      Cons

      Managers and Senior Managers does not create a positive environment. No Praises for Good work, but you better not mess up. Myself and other in the office has been yelled at and cursed at in the open office when things hit the fan. Seniors are often using inappropriate languages in the office.

      4.0
      Mar 14, 2010

      If you know what you want this is a great place to work

      Senior manager
      Recommend
      CEO approval
      Business Outlook

      Pros

      -Work-life balance -Job stability -Good training ground -Good place to come if you are in middle of your career -Good place if you land in a looking forward dept. or one with resources (i.e. Scotia Capital, Corporate Offices) -Great place if you are a new Canadian (mainly if you come from Spanish speaking countries)

      Cons

      -Bureaucracy -Technology is under par - cost control culture -Siloed thinking -Not a great place if you are recently out of school or have fast track expectations -Career development is pretty much up to you (network, network, network...)

      2.0
      Dec 28, 2009

      Top tier Canadian Bank - bottom tier US/Global bank

      Associate director
      Recommend
      CEO approval
      Business Outlook

      Pros

      great work life balance (no weekends, very rarely late nights) good place to learn efficiency/cost reductions recently purchased a commodity trading team from UBS, rates trading unit too - took advantage of US bank environment over past year to snatch up competitors

      Cons

      inverted pyramid - a lot of chiefs running around, very few junior staff to develop and support poor technology (since its a Canadian bank, its IT is similar to US co's 10+ years ago) very small platform in US, so hard to cross sell and generate corporate interest lack of investment on corporate banking side - 4 years ago 46% investment grade, now 80+% investment grade clients; lots of layoffs in NYC, San Fran, Chicago, and more to come!? Very few resources compared to competitors - embarrassing on pitches to see co's reaction to lack of analysis compared to other large firms

      Viewing 481 - 483 of 11,103 Reviews
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      ReviewsScotiabank reviews

      Glassdoor has 14,449 Scotiabank reviews submitted anonymously by Scotiabank employees. Read employee reviews and ratings on Glassdoor to decide if Scotiabank is right for you.