Some good things, some bad things - Anonymous employee Scotiabank Employee Review

3.0
23 Jan 2015
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

It's a big 5 bank which means safety. As a financial advisor people just walk in and want to give you their money. This can give you good experience and a nice intro into finance and investing. Also has some good products that are probably the best so selling is easy. Most staff are friendly and genuinly want to help people. 8 to 4 pretty chill.

Cons

-The system and technology is medival, must still be from the 90s. -Training is weak, basically online courses and conference calls. Pray the people in your branch are helpful and give you time because you will need to ask lots of questions. -Information is scattered all over the place online not really well organized. Have to remember a lot of pathways. -Must have cash flow problems as the branches in Red Deer are falling apart. -Top down management which has very little responsibility other than push sales. All decisions are made in Toronto. Not much room to do things your way. -Culture is focused on lots of buzzwords, tag lines, and slogans. -Pay is low. If you have student loans you will not be able to pay them off unless you live with your parents.

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5.0
8 Dec 2025
Recommend
CEO approval
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Pros

Incredible learning opportunity if you take lots of initiative

Cons

Limited deal flow compared to larger banks

4.0
29 Jun 2026
Recommend
CEO approval
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Pros

Work life balance Good pay

Cons

Management focus on automation / AI

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