Scotiabank Personal Banking Officer Reviews | Glassdoor.ca

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Scotiabank Personal Banking Officer Reviews

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Found 49 reviews

3.1
StarStarStarStarStar
Rating TrendsRating Trends
57%
Recommend to a Friend
43%
Approve of CEO
Scotiabank CEO Brian J. Porter
Brian J. Porter
11 Ratings
  1. "Great company to work for"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Personal Banking Officer in Calgary, AB
    Recommends

    I worked at Scotiabank

    Pros

    Supportive upper management. Good teamwork

    Cons

    I would say none cause the branch I worked for had a very good team of co-workers and managment

    Scotiabank2015-12-22
  2. Helpful (14)

    "Poor culture"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Senior Personal Banking Officer in Grande Prairie, AB
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Scotiabank full-time for more than 5 years

    Pros

    Good pay, esop and way to learn about finance

    Cons

    Recent changes mean daily meetings where managers shame you if enough product wasn't sold or you aren't meeting targets. Scotiabank used to have an advice and planning culture, now it has a sell 3 credit cards, 2 pacs and 4 savings accounts to each customer culture. There have also been major efficiency losses thanks to a new resl review process that makes mortgages very hard to approve. Managers afraid of Getting a bad...

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    Advice to Management

    The new resl system doesn't work. Quit grading branches on how perfect their files are so that managers can send the bloody things on, without obsessing about first time right. A manager who needs to review a file and pass it off to two other people because she's afraid of failing first time right..... should be graded on time to close files. If a broker can approve a mortgage in three days, why does the branch channel...

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    Scotiabank2016-12-21
  3. Helpful (13)

    "Move up or get out"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Personal Banking Officer 
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at Scotiabank full-time for more than a year

    Pros

    - Lots of interaction with other people. - An opportunity to really help people and make a difference.

    Cons

    - Insane pressure to sell unnecessary products. - Performance/work culture very location-dependent.

    Advice to Management

    Make an effort to prevent nepotism.

    Scotiabank2016-11-21
  4. "Senior Analyst, Pricing"

    StarStarStarStarStar
      Current Employee - Personal Banking Officer in Mississauga, ON

      I have been working at Scotiabank (Less than a year)

      Pros

      Great benefit plan with Scotiabank

      Cons

      Lower pay structure than other banks

      Scotiabank2016-08-17
    • Helpful (3)

      "Great school"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Compensation and Benefits
      • Senior Management
      Current Employee - Personal Banking Officer in Brossard, QC
      Recommends
      Negative Outlook
      Disapproves of CEO

      I have been working at Scotiabank

      Pros

      Internationally recognized, good learning platform, many colleagues with plenty of experience, notable team spirit and career opportunity with the right manager

      Cons

      Lowest salaries in banking, company getting too greedy in recent years, no support nor back office, hard to make your way if your manager blocks you

      Advice to Management

      Promote inside elements instead of getting outsiders

      Scotiabank2016-02-06
    • Helpful (6)

      "Not for me"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Compensation and Benefits
      • Senior Management
      Former Employee - Senior Personal Banking Officer in Kelowna, BC
      Doesn't Recommend
      Neutral Outlook

      I worked at Scotiabank full-time for more than 3 years

      Pros

      comfortable work place, job security,

      Cons

      very high sales targets, indifferent upper management, lack of compensation, High stress sales environment.

      Advice to Management

      Listen to your employees

      Scotiabank2015-07-09
    • Helpful (3)

      "Personal banking officer"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Compensation and Benefits
      • Senior Management
      Former Employee - Personal Banking Officer Trainee 
      Doesn't Recommend
      Positive Outlook

      I worked at Scotiabank

      Pros

      met some amazing people: colleagues and learned a lot

      Cons

      Everyone is a number, pay is too low

      Advice to Management

      Invest in your people

      Scotiabank2015-06-17
    • Helpful (2)

      "not good, not bad"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Compensation and Benefits
      • Senior Management
      Former Employee - Personal Banking Officer in Toronto, ON
      Doesn't Recommend
      Neutral Outlook
      No opinion of CEO

      I worked at Scotiabank full-time for more than 3 years

      Pros

      great people to work with. Advancement opportunities

      Cons

      Downtown commute no good. Poor management style

      Scotiabank2014-11-03
    • "So far so good."

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Compensation and Benefits
      • Senior Management
      Current Employee - Personal Banking Officer in Whitecourt, AB
      Recommends
      Positive Outlook
      Approves of CEO

      I have been working at Scotiabank full-time (Less than a year)

      Pros

      Good company culture, inclusive and embracing of diversity.

      Cons

      A lot of changes are happening at the moment which can be tough to keep up with but it's meant to make the bank more efficient and customer oriented.

      Scotiabank2014-08-22
    • "Good company to work for, even with lower salary"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Compensation and Benefits
      • Senior Management
      Current Employee - Senior Personal Banking Officer in Calgary, AB
      Recommends
      Positive Outlook
      No opinion of CEO

      I have been working at Scotiabank full-time for more than 5 years

      Pros

      Scotiabank has one of the best workplaces I've been a part of. Management seems actually invested in the growth of their employees, and the people are excellent.

      Cons

      The technology is outdated, and the salary is low relative to other banks. I'm concerned about the increased culture of sales as well- advancement is difficult if you don't want to sell products.

      Advice to Management

      Be more client-focused, less worried about profit margins.

      Scotiabank2014-08-05
    Found 49 reviews