Scotiabank Analyst Reviews

Cons

No cons as of now

Cons

steep learning curve in the beginning since most of the job is manual with standard deffinitions.
no logic involved
extremely dull after you get the hand of things
if you're stuck with a bad one (and there are a few) then you're pretty much screwed.

Cons

- Senior management is severely out of touch with how cities not named Toronto, Vancouver, or Calgary operate.
- Culture was toxic; high turnover
- Career opportunities in Winnipeg were disappearing and almost non-existent if you did not want to be on the sales side.

Cons

- Poor office culture
- Outdated processes
- Under paying staff compared to market

Cons

Depending on the department, economic outlook and due to structural rigidity, there is sometimes not a ton of opportunity for growth.

Cons

Scotiabank's performance management system has the following 3 steps:
1) Tell the employee they are NOT meeting expectations but NOT give them any specific reasons why.
2) Immediately, post the employees position in order to find a replacement.
3) Once a replacement is found, fire the employee.
No-one in Canada who is mentally competent would want to work in such a toxic environment.

Cons

Pay feels below average. Technology infastructure is inefficient. Way too difficult to execute basic tasks or update information. Inherent advantages of customer trust and large deposits seem squandered due to a lack of willingness to adopt 21st century technologies to conduct business. People power is thrown at bad processes to solve 20th century problems when technology and new ways of doing business are ignored and not invested in.

Cons

Can't think of any, sometimes there isn't enough work to do!

Cons

Lack of direction (department specific)

Cons

Scotia Bank is a good place to be