Not a place for people seeking work-life balance - Anonymous employee Scotiabank Employee Review

1.0
16 Jan 2016
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Demanding pace preps you to handle anything future employers will throw at you.

Cons

Recent CEO transition has seen the Bank culture shift from overanalyzing lifers to corporate rowers expected to answer the bell at any time. The company still forces unpaid overtime and the poor economy and recent slew of layoffs has created a culture of fear rather than a culture of competition. Job stability is non existent and it is difficult to progress career-wise unless you are an insider. Cronyism runs rampant, but don't take my word for it, research the diversity of corporate senior leadership and judge for yourself.

Explore other reviews about Scotiabank

5.0
8 Dec 2025
Recommend
CEO approval
Business outlook

Pros

Incredible learning opportunity if you take lots of initiative

Cons

Limited deal flow compared to larger banks

2.0
5 Jun 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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