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ScotiaMcleod

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ScotiaMcleod

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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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