Bank is innovatively growing, career growth opportunities within the bank, Managment in a nascent stage
Pros: Part of huge change, and opportunities in various parts of the bank
Cons: Mismatch of talent and deliverables
Scotiabank is growing while the other banks are showing signs of slowing down. The bank is developing a fresh vision and the bank is trying to venture in to some unique endeavours. The vision however needs to seep in to other groups.
A typical day at work requires time sensitive reports to be delivered to trading floor, risk management and finance. Month end and quarter ends are particularly busy and require working over the weekends for timely reporting to upper management. This requires attention to detail and sensitivity to time given the information is published for the investors of the bank.
The co-workers are hard working however, some times skills do not match the work that they are asked to deliver. Training opportunities have been made available to the staff .The staff has varying levels of competencies. Its a challenge and an opportunity for personal growth.
Hardest part of the job is to get timely approvals from the front desk and risk management on the month end valuation adjustments. It needs to ensure that the analysis reflects the market conditions and is conservative enough to protect the bank at large on any adverse market movements. Being a part of a big organisation also requires ability deal effectively with internal business partners who might be apathetic to the requirements of my group. This also create opportunities for improvements in the processes and sensitising staff to changing requirements. The banks are all heading towards tight operational requirements and differentiation has become complicated. Hence, during my time Scotia I have – more... seen and been part of huge improvements.
The enjoyable part of the job is that I feel I have earned my living successfully and rightfully every day. I have been given an opportunity to create a difference every day. – less