How are the career development opportunities at ScotiaMcleod?
Relevant Glassdoor Reviews
November 2, 2021
Pros
Large, recognizable parent organization in the form of Scotiabank (though there seems to be little mobility between ScotiaMcLeod and other parts of the bank), high degree of autonomy, free WSJ subscription.
Cons
Shockingly poor management team- largely absent and seemingly more concerned with office politics. Woeful displays of incompetence far below the standards expected at a major financial institution- constant internal entanglements between advisors and managers. Complete lack of training and support for new staff, very little clarity and communication, absolutely no collaboration or teamwork. In short- minimal growth opportunities, subpar pay and zero mentorship opportunities. Be prepared to experience business practices that should have no place in the modern-day workplace let alone a major Canadian bank. Unpaid overtime hours, atrocious displays of nepotism and if you're in the non-Anglophone minority, a healthy dose of casual racism.
Advice to Management
It's probably a good thing ScotiaMcLeod isn't in competition with the Swiss and American banks- the difference in class with these institutions is stratospheric.
minimal growth opportunities, subpar pay and zero mentorship opportunities. Read More
November 2, 2021
Reviewed by: Accounting Officer in Vancouver, BC (Former Employee)
September 22, 2021
Pros
good career opportunities. good work life balance
Cons
very political. technology is lagging other banks
good career opportunities. Read More
September 22, 2021
Reviewed by: Investment Advisor in Toronto, ON (Current Employee)
December 1, 2021
Pros
Build Financial Services Experience as an Associate.
Cons
Management solely interested in achieving targets and little about career development
Management solely interested in achieving targets and little about career development Read More
December 1, 2021
Reviewed by: Senior Sales Associate in Toronto, ON (Former Employee)
October 3, 2022
Pros
Great opportunity to learn and grow, all licensing is covered by the bank, nice people and environment
Cons
Low entry level play requires you to be in office a minimum of 3 days most teams doing 4-5 days a week in office
Advice to Management
Pay entry level positions more
Great opportunity to learn and grow, all licensing is covered by the bank, nice people and environment Read More
October 3, 2022
Reviewed by: Administrative Associate (Current Employee)
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