Avoid if you can - Anonymous employee Scotiabank Employee Review

2.0
May 24, 2010
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

- Work life balance - Low stress - Capital markets are the only area in the bank that's being invested in, however the business is stifled (see cons)

Cons

- Pay below market - Outdated managerial practices - Conservative approach to doing business - Uncompetitive vs. US banks - US Corporate bank in decline - Low employee morale

Explore other reviews about Scotiabank

5.0
Mar 15, 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

good culture while growing US business lines

Cons

growing US business lines while undergoing multiple changes

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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