Scotiabank Senior Business Analyst Reviews | Glassdoor.ca

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Scotiabank Senior Business Analyst Reviews

Updated 5 March, 2019
16 reviews

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Senior Business Analyst

4.0
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Scotiabank President and CEO Brian J. Porter
Brian J. Porter
8 Ratings

Employee Reviews

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Pros
Cons
  • "Long hours - difficult to maintain work life balance" (in 77 reviews)

  • "Can't work full time for CR position" (in 42 reviews)

More Pros and Cons

  1. "Business Analyst/AML"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Contractor - Senior Business Analyst in Midtown Toronto, ON
    Current Contractor - Senior Business Analyst in Midtown Toronto, ON
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at Scotiabank as a contractor (More than 5 years)

    Pros

    Nice place for you to work

    Cons

    Scotia Bank is a good place to be

    Advice to Management

    Continue the good work


  2. "Senior Technical Business Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Technical Business Analyst in Toronto, ON
    Current Employee - Senior Technical Business Analyst in Toronto, ON
    Recommends
    Neutral Outlook
    Disapproves of CEO

    I have been working at Scotiabank full-time (More than 3 years)

    Pros

    Good people, stability, decent benefits, and is a large organization so there's lots of mobility and growth. Generally, a relaxed work culture.

    Cons

    Poor senior management leadership, sometimes projects and initiatives feel like they are spinning their wheels and are poorly managed leading to inefficiency and waste. Not a good environment if you want to challenge the status quo or get things done quickly. Internal politics creates highly dysfunctional operating structure.

    Advice to Management

    Approach growth with a longer term mentality . Be more bold, otherwise risk always being behind the other large Canadian banks (TD, RBC).

  3. "Great place to launch career"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Business Analyst in Toronto, ON
    Current Employee - Senior Business Analyst in Toronto, ON
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Great people to work with, I have learned a lot and I genuinely enjoy coming to work every day

    Cons

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

    Advice to Management

    Keep doing what you are doing, just be sure to recognize and promote potential.


  4. Helpful (1)

    "Oldschool Mentality"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Business Analyst in Toronto, ON
    Current Employee - Senior Business Analyst in Toronto, ON
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Good Pay and Bosses that care

    Cons

    Limited Opportunity for Growth in decent time
    Awful Employee facilities - kitchen, tables, etc

    Advice to Management

    Go Young


  5. Helpful (1)

    "low pay for ok amount of work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Business Analyst in Toronto, ON
    Former Employee - Senior Business Analyst in Toronto, ON
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at Scotiabank full-time (More than 3 years)

    Pros

    It is a job. No the same pressure as I have felt in other companies.

    Cons

    Management. The higher the worse they become. Salary are the lowest I know in the industry, below standard benefits. lots of people with jobs they are not qualified to do.


  6. Helpful (2)

    "No complaints and much peaceful than rest on Bay street"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Business Analyst in Toronto, ON
    Current Employee - Senior Business Analyst in Toronto, ON
    Recommends
    Approves of CEO

    I have been working at Scotiabank full-time (More than 3 years)

    Pros

    Work Load is optimal
    I hope like mine other managers and their bosses are reasonably cool as well
    If you are smart you will get the path for your growth without much struggle
    Use industry best practice and up to date tools
    Pay optimally more than what you expect from #3 rank bank on bay street - better than CIBC and TD, (PS: CIBC is worst in all sense)

    Cons

    No freebies!
    Watch late comers and lazy people with zoom and very shrewd in telling you that you are not following work ethic - so beware if you are lazy and better settle for less money somewhere else
    Healthy competition with in teams, average guys will not get opportunity to grow easily just because their hire above average talent by paying more and then they have to put all effort to get ahead of all
    Imbalance diversity - you can see the one type of people (by age, race or area of expertise) concentrated in specific groups. Executives positions are all whites, Technology managers mostly South Asian, Development teams mostly filled with Chinese, leadership levels have a little bit mix and project team face challenges just because leaders doesn't have diverse experience and talent.

    Advice to Management

    Run some skill matrix analysis and use your talent on rotational roles. Watch the rejections more closely than the selections and ask them for reviews. You are doing good already but employee engagement for strategic goals is way to low.
    Avoid external consultants for advise and use internal candidates for better utilization of salary you pay and experience they have gained while working for you. our employees know and understand your problems better than anybody else; so bring people from 35-25 age group in to management and leadeship roles - PS: Fresh MBA's or one with <5yrs experience are more or less burden on system, they are mostly here for free rides.
    Rotman breed is the most useless, Queen's, Ivey's and Schulich somehow has better record.


  7. Helpful (2)

    "Good bank to come back to later"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Business Analyst in Toronto, ON
    Current Employee - Senior Business Analyst in Toronto, ON
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    Pros

    Heavily invested in tech right now - very bright future ahead for the company

    Cons

    Values seniority over performance. Not good for retaining top performers who are younger/ more driven

  8. "Contractor experience"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - Senior Business Analyst in Toronto, ON
    Former Contractor - Senior Business Analyst in Toronto, ON
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at Scotiabank as a contractor (More than 3 years)

    Pros

    I was fortunate to have my contract renewed continuously for 3.5 years (every 6 months) My managers were very supportive and I enjoyed my work there.

    Cons

    I became very ill in May 2015 and was in ICU for a month then in hospital rehab for another month. When I was able to come back to work they said there were budget cuts and terminated my contract. If I was fulltime I would have had more job security but that's the risk you take!! I then applied for other jobs at Scotia but didn't even get called in for an interview....have now got another contract at a smaller financial services firm and it is a better fit for me...

    Advice to Management

    Long term contractors deserve to be treated with more respect.


  9. "Senior Business Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Business Analyst in Toronto, ON
    Current Employee - Senior Business Analyst in Toronto, ON
    Recommends

    I have been working at Scotiabank full-time (More than 5 years)

    Pros

    There is a great diversity and multicultural aspect

    Cons

    The management needs to improve on the talent development

    Advice to Management

    Management should work on talent development and how to retain the talents


  10. "Good opportunity, poor pay"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Business Analyst in Toronto, ON
    Current Employee - Senior Business Analyst in Toronto, ON
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at Scotiabank full-time (More than 5 years)

    Pros

    Excellent mobility between positions and departments. There is immense opportunity for those who work hard enough to uncover it. Pay can accelerate quickly.

    Cons

    Initial salaries are below average to the marketplace. Management can severely impact performance ratings and pay improvement negatively. Benefits are also poor.

    Advice to Management

    Continue to work towards identifying good talent within.