investment banking analyst

sales director

associate director

treasury manager

risk manager

Scotiabank

Orientation is a joke. an hour with a bored HR person going over benefits (which suck BTW. Training programs and tuition reimbursement programs are "by invitation only" so not everyone can benefit from learning opportunities.   2 weeks severance pay for every year worked. Ridiculously high premiums for health insurance and if your spouse / partner is eligible for health insurance through their job Scotiabank wont allow you to have them on your health insurance, paltry 401k match) and nothing else. After I went through the new hire program with HR, I had a meeting with my manager who was very high up there despite her lack of knowledge about almost everything in the department she ran and being a lapdog for the SVP who ran the office.. I asked her who i should introduce myself to that i will be working with most often since my job involved working with people all over the bank.  I was told to "just do my job. You're not here to make friends." 

the bank is undergoing massive operational changes as a result of the Fed and NY State Banking Commission slapping their hands really hard because the bank got caught money laundering a few years ago but no one can define what the end state will be, not even the people working on it. They are hiring a lot of people to work on this program  - a lot of really smart, talented people who quickly become frustrated at the arrogance, lack of knowledge and hubris among long time and senior level staff. Don't even think about working here if you have half a brain or a bias toward action. 

The office location is nice but its severely overcrowded. The entire office is setup as a trading floor environment and you spend your day elbow to elbow with other people that probaly arent even in your department. And good luck trying to reserve a conference room to hold a meeting.. All the conference rooms have been repurposed to have people working in them since there is no room for any more desks anywhere in the office. It is incredibly LOUD there too which is a distraction when you need to concentrate on your work. There have been times when it's been so loud l can't even hear on the phone and the constant coughing, sneezing and other bodily noises all day is disgusting.. And,with the exception of a few people, it might be the most unfriendly and rudest  place I have ever worked. People don't say hello to one another if they pass and if you hold the door for someone, don't expect them to say thank you or even acknowledge that you held the door. It's so bad that the SVP in charge of the office had to send out an email reminding people to be polite to one another.  And the technology is so far behind it makes it harder to do your work. They still use Windows 7 and Office 2010. 

Don't expect any leadership or guidance from the top. They're absolotuely pompous and  clueless.and hide their lack of knowledge behind a word salad of buzzwords that make no sense to anyone with half a brain. They spend most of their days in meetings about nonsense and have no time for people. I've been here for one year and they've only had one town hall so far. The Q&A session within the town hall was surreal with one person asking a question then the EVP in charge of the office and the global head of the business line yanking each others chains about how awesome the other one was so no one in the audience can ask a question.. It was like a bad comedy routine. 

Bonuses suck, too.

Since I started working at the bank, they provided me the opportunity to be promoted from a account manager to a branch manager. I worked in banking for more than eighteen years. I would describe myself as focused, organized, positive, thoughtful. I am a leader to set a good example for others to follow. That is where my commitment, passion, empathy, honesty and integrity come into play. I have good communication skills and decision-making capabilities for success. The innovation and creative thinking, as well as the futuristic vision, are vital to contribute to reach the goals of the company. 
As a operation and branch manager, I managed sales, operations, and customer service. My job varies a lot from day to day, but involves a lot of customer service and staff issues. I am proud of the job done. I like helping out the people in my community, whether it is a small business needing a loan or a single mom that has too many overdraft fees. I feel it is very important to educate people to become financially healthy because it will construct their future. When I was working I would not simply worked to satisfy my own objectives, I took a broader interest in the work of my colleagues and all my staff, and how all the segments fitted into the whole.
The bank has strong organizational culture, focus on constant development. The bank makes strong emphasis on professional development within positions.

My team was lead by people who were inexperienced in the role / business area they were tasked to lead, which lead to us reinventing the wheel and thinking we were clever. 
Work life balance was frowned upon asking about it could be viewed as you not being committed and valuable to the team. 
There was no trust from the leaders in the people who work for them. Managers would refer to people as "Muppets" and "not that smart" because they had differing perspectives. 
New perspectives were not valued, you had to fight an uphill battle and let them "discover" your idea as their own. We sought reasons to fault and punish team members vs. working collaboratively to ensure we succeed as a team. Some managers thought their value add was to nit pick the work of others, work they themselves didn't quite understand. 
Managers were focused on managing up as they sought out their next opportunities, but, there were no real opportunities or pathways for more Jr. staff to advance. Career development was a pipe dream, teams don't have career roadmaps and neither does HR. We traded favours with other teams so that we can "have them in our pockets" in the future. 

All around it was demoralizing and turnover was rather high in individual teams and across the firm as a whole.

It takes a minimum of 3 years to become a permanent employee (when starting from the bottom). Salary and benefits (recently changed and costing much more than previously) are at the very low end of the industry despite record profits. A lot of favouritism for advancement (if a manager doesnt want you in their department, you will never get in there even if you are the most qualified) or even starting out (eg current employees relatives somehow get in ahead of outside applicants). Posting of internal job opportunities, then applicants being told that the position isnt being filled due to low volumes. Management do not show any flexibility regarding family obligations such as ill children, snow days or restrictions on hours due to child care availablilty. Letting contract employees go with no notice is not unheard of.

Coaching and development is being pushed a lot lately (may be good or bad depending on your outlook). Very helpful Ombuds office. Many different committees, volunteer and charity activities available to take part in throughout the year.

Provide financing structuring, credit assessment and real estate planning.
Managed large teams.
Over 25 years of experience and proven results managing Banking Divisions like Branches, Regional Commercial Banking Units, Middle Market Business Unit and Structuring Commercial, Industrial and other Real Estate transactions.
Developed Strategic Business Plan and monitoring results.
Negotiate with customer’s terms and conditions to assure the Institution and Customers best interest and provide adequate advised related to the business relationship and maximizing their financial resources.
Work with integrated vision, with their business and services Institutions units to reach a desirable cross-selling level to maximize the institution profitability.
Experience in review legal documentation.
Performing financial analysis of corporations and individual doing business in different economic sectors to recommended adequate financial credit structure, including collateral position.
Trained personnel related to all relevant business operations.

one  day  of  work is  open the system  in my computer  verify any  solict pending .next  call auto dealers for explain new rates or offer our new rates and change  promotions for obtain more refer of news loans.
next  prepare  different report or read  differente report about last month for example  total of loans have aprroved  and  percent  of  delincuency.
and take different seminar  online for example credit risk, ecoa ,tila etc. and continuos  with new loans  veriy de credit and finacial ability  of any customers and aprove or decline  differents lons in the day also recived calls fron different f @ i  of dealer  for talk about  any reconsideration of different loans .inclusive  visit  auto dealer  under credit judment inclusive  talk with  manager or  owner of new dealers for beging bussiness with  us.and other thing day by day.the hardest part of mu job is obtain more  approved loans and de mostenjoyable part is can  obtain my target in the months and help my co worker  in all need to me.

Scotiabank offers a comprehensive range of banking services, from everyday banking to mortgages and investment products. My experience with Scotiabank has been positive, particularly when it comes to their customer service. Their staff is generally knowledgeable, helpful, and responsive, making both in-person and online banking experiences smooth and hassle-free.

The online banking platform is user-friendly, providing easy access to account details, transaction history, and bill payments. Scotiabank's mobile app is also quite efficient, allowing for quick deposits, transfers, and other banking activities on the go. Additionally, they offer various credit card options with competitive rewards programs, catering to different spending habits and financial needs.

However, like most banks, they do have their fees, which can add up if not managed carefully. Overall, Scotiabank provides a solid banking experience with reliable customer support and a wide range of financial products to meet diverse needs.

The company is very bureaucratic, mainly when seeking approvals for different businesses from the bosses in Canada, who are much more conservative than their US counterparts. People spend more time playing politics than actually doing their jobs, and those who are truly great at their job are not always rewarded because they are not in the appropriate cliques. The firm refused to invest in technology and moved groups back to Toronto when the economy downturned. I never went to Toronto, but those who did and were from the US were laid off as opposed to their Canadian counterparts. Additionally, their pay is below market along with the bonuses, so remember to negotiate well for your starting comp. Lastly, when I signed on to the firm, the person hiring me tried to lower my title to the job posted. I negotiated for a higher one and provided backup as to why. It's challenging, but it's not impossible. Also, promotions take far longer than in other institutions. Go somewhere else.

A typical day at work consists working together with the marketing and operational department to support their projects.  We also work in the pricing offering, marketing intelligence, analyzing  competitors pricing and operational procedures.  We investigate them and develop new offers and implemented our strategies.  This department is small (4 employees) and we are flexible to work different tasks with constant changing priorities. 
In this department we have competitive manager with superior experience that we can learn from their knowledge.  

The hardest part of the job is that we work in a separate office or building from our collages, it is slower or difficult to communicate to finish projects.

In my 18 years working for Scotiabank, I learned about differents areas, i start working as a P/T teller but never worked P/T because I start  learning  about  how to find cash differences in my time off. after 6 month working as a teller and assisting my supervisor finding differences in cash short or cash over  transactions, I start on a new position, this time was as a Retail Accounting Clerk , worked in that position for almost 2 years it was a excellent experience because i have the oportunity to learn about loan data input, and work directly with compliance department, doing HMDA reports, after that i start as a Service Representative and I worked in that position for 15 years and a half, learning about regulations and working directly with customers claims. It was a excellent experience, everyday you learn something new in this position. I can say, I enjoy every day and every moment,that I work.

Top Job Titles	Average Salary
Investment banking analyst 9 salaries reported	$163,333 per year
Sales director 5 salaries reported	$241,000 per year
Associate director 4 salaries reported	$209,950 per year
Treasury manager 4 salaries reported	$191,563 per year
Risk manager 4 salaries reported	$143,625 per year

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