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Scotiabank salaries
Scotiabank salary estimate
$52,224yearly
Understanding Scotiabank Salaries
The average salary at Scotiabank is $52,224 per year, reflecting a competitive compensation structure. Salaries vary by department, with finance roles often being among the highest paying. For example, positions in investment banking and financial analysis typically command higher wages than other departments.
Salary by Location
Geographical factors also play a significant role in salary determination. Employees in major financial hubs generally receive higher salaries compared to those in smaller markets. This is essential for candidates considering relocation for job opportunities.
Highest Paying Jobs
Some of the top positions include Senior Financial Analyst, Risk Manager, and Investment Banking Associate. These roles not only offer attractive salaries but also opportunities for career advancement within the organization.
Highest paying jobs at Scotiabank
The highest paying jobs at Scotiabank are director, senior manager, senior java developer, and project leader. Director jobs at Scotiabank earn an average yearly salary of $146,999, Scotiabank senior manager jobs average $120,767, and Scotiabank senior java developer jobs average $103,429.
The lowest paying Scotiabank roles include receptionist and cashier. Scotiabank receptionist average salary is $30,168 per year. So while the average Scotiabank salary is $52,224 there is a big variation in pay depending on the role.
Highest paying jobs at Scotiabank
| Rank | Job title | Average Scotiabank salary | Hourly rate |
|---|---|---|---|
| 1 | Director | $146,999 | $70.67 |
| 2 | Senior Manager | $120,767 | $58.06 |
| 3 | Senior Java Developer | $103,429 | $49.73 |
| 4 | Project Leader | $103,045 | $49.54 |
| 5 | Team Leader | $98,980 | $47.59 |
| 6 | Database Administrator | $95,202 | $45.77 |
| 7 | Associate | $94,327 | $45.35 |
| 8 | Test Engineer | $91,267 | $43.88 |
| 9 | Applications Developer | $91,022 | $43.76 |
| 10 | Applications Support Engineer | $89,872 | $43.21 |
| 11 | Finance Advisor | $79,288 | $38.12 |
| 12 | Finance Specialist | $77,280 | $37.15 |
| 13 | Analyst | $72,058 | $34.64 |
| 14 | Internal Auditor | $49,097 | $23.60 |
| 15 | Loan Administrator | $46,701 | $22.45 |
| 16 | Loss Mitigation Specialist | $44,065 | $21.19 |
| 17 | Loan Officer | $40,263 | $19.36 |
| 18 | Personal Banking Officer | $37,453 | $18.01 |
| 19 | Accounting Clerk | $35,808 | $17.22 |
| 20 | Customer Support Representative | $34,839 | $16.75 |
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How much does Scotiabank pay by location?
Highest paying Scotiabank locations
| Rank | Location | Average Scotiabank salary | Hourly rate |
|---|---|---|---|
| 1 | New York, NY | $63,308 | $30.44 |
| 2 | Jersey City, NJ | $61,198 | $29.42 |
| 3 | Miami, FL | $51,373 | $24.70 |
| 4 | Houston, TX | $50,554 | $24.30 |
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Scotiabank salaries by department
Salaries at Scotiabank vary depending on the department you work in. Scotiabank salaries in the business development department are the highest with an average salary of $98,878. Employees in the engineering department at Scotiabank receive relatively high salaries as well, with an average salary of $94,887 per year. Departments that don't pay as well at Scotiabank include the retail and the administrative organizational functions, with employees earning average salaries of $32,305 and $36,780, respectively.
Average Scotiabank salary by department
| Rank | Department | Average Scotiabank salary | Hourly rate |
|---|---|---|---|
| 1 | Business Development | $98,878 | $47.54 |
| 2 | Engineering | $94,887 | $45.62 |
| 3 | IT | $87,614 | $42.12 |
| 4 | Marketing | $75,682 | $36.39 |
| 5 | Plant/Manufacturing | $74,098 | $35.62 |
| 6 | Sales | $62,348 | $29.98 |
| 7 | Finance | $60,597 | $29.13 |
| 8 | Accounting | $49,119 | $23.61 |
| 9 | Customer Service | $37,171 | $17.87 |
| 10 | Administrative | $36,780 | $17.68 |
| 11 | Retail | $32,305 | $15.53 |
How much does Scotiabank pay by department?
Best paying Scotiabank finance salaries
| Rank | Position | Average Scotiabank salary | Hourly rate |
|---|---|---|---|
| 1 | Foreign Exchange Trader | $109,825 | $52.80 |
| 2 | Risk Manager | $107,652 | $51.76 |
| 3 | Senior Consultant | $96,486 | $46.39 |
| 4 | Manager, Asset Management | $90,542 | $43.53 |
| 5 | Banking Associate | $89,997 | $43.27 |
| 6 | Finance Associate | $87,965 | $42.29 |
| 7 | Finance Advisor | $79,288 | $38.12 |
| 8 | Business Continuity Global Director | $78,583 | $37.78 |
| 9 | Analyst | $72,058 | $34.64 |
| 10 | Commercial Banker | $57,675 | $27.73 |
| 11 | Branch Manager | $53,220 | $25.59 |
| 12 | Underwriter | $50,825 | $24.44 |
| 13 | Loan Administrator | $46,701 | $22.45 |
| 14 | Portfolio Administrator | $44,621 | $21.45 |
| 15 | Loss Mitigation Specialist | $44,065 | $21.19 |
| 16 | Loan Officer | $40,263 | $19.36 |
| 17 | Personal Banking Officer | $37,453 | $18.01 |
| 18 | Personal Banker | $34,749 | $16.71 |
| 19 | Bank Representative | $33,320 | $16.02 |
| 20 | Bank Clerk | $31,296 | $15.05 |
Best paying Scotiabank retail salaries
| Rank | Position | Average Scotiabank salary | Hourly rate |
|---|---|---|---|
| 1 | Manager Trainee | $39,051 | $18.77 |
| 2 | Sales Supervisor | $37,863 | $18.20 |
| 3 | Assistant Manager | $34,188 | $16.44 |
| 4 | Assistant Supervisor | $32,560 | $15.65 |
| 5 | Teller | $32,206 | $15.48 |
| 6 | Cashier | $30,373 | $14.60 |
Best paying Scotiabank customer service salaries
| Rank | Position | Average Scotiabank salary | Hourly rate |
|---|---|---|---|
| 1 | Service Officer | $56,882 | $27.35 |
| 2 | Support Center Manager | $56,110 | $26.98 |
| 3 | Customer Support Representative | $34,839 | $16.75 |
| 4 | Claims Assistant | $33,514 | $16.11 |
| 5 | Help Desk Analyst | $32,617 | $15.68 |
| 6 | Customer Service Representative | $32,568 | $15.66 |
| 7 | Contact Agent | $31,537 | $15.16 |
Scotiabank competitors’ average salaries
Average salaries at Scotiabank competitors, like Metropolitan Bank, CIBC Oppenheimer Holdings Inc, and City National Bank, vary. Metropolitan Bank employees earn the highest salaries, with an average yearly salary of $66,707. The average salary at CIBC Oppenheimer Holdings Inc is $65,353 per year, and the average salary at City National Bank is $64,116 per year.
Highest paying Scotiabank competitors
| Rank | Company name | Zippia score | Average salary |
|---|---|---|---|
| 1 | Metropolitan Bank | 3.3 | $66,707 |
| 2 | CIBC Oppenheimer Holdings Inc | 4.4 | $65,353 |
| 3 | City National Bank | 4.9 | $64,116 |
| 4 | SouthTrust Bank | 3.8 | $62,066 |
| 5 | Banco Santander | 4.4 | $61,303 |
| 6 | Asia Bank N A | 4.1 | $59,981 |
| 7 | Manufacturers Bank | 4.7 | $54,984 |
| 8 | Security Bank | 4.1 | $54,318 |
| 9 | Diamond Bank | 4.1 | $52,461 |
| 10 | TD Bank | 4.5 | $47,443 |
| 11 | Zions Bank | 4.5 | $45,559 |
| 12 | LaSalle Bank | 4.6 | $45,462 |
| 13 | Blom Bank Egypt | 3.7 | $44,124 |
| 14 | Republic Bank | 4.8 | $43,957 |
| 15 | Frost Bank | 4.9 | $41,980 |
| 16 | First Hawaiian Bank | 4.7 | $41,902 |
| 17 | Cape Bank | 4.1 | $41,770 |
| 18 | United Bank | 4.2 | $40,530 |
| 19 | Provident Bank | 4.7 | $40,022 |
| 20 | First Bancorp | 4.6 | $39,265 |
Recently added Scotiabank salaries
| Job | Location | Date added | Salary |
|---|---|---|---|
| Associate Director, Investment Banking | New York, NY | 06/08/2025 | $275,000 |
| SR Manager, U.S. Liquidity Risk | New York, NY | 04/29/2025 | $133,000 |
| Manager, FP&A Forecasting Lead (220847) | New York, NY | 03/23/2025 | $120,000 |
| Senior Manager, U.S. Liquidity Risk (220852) | New York, NY | 03/23/2025 | $133,000 |
| Managing Director | New York, NY | 03/14/2025 | $292,500 |
What employees say about salary at Scotiabank
Work life balance is good in Scotia bank
Not applicable
Retirement plans and opportunities
The culture and opportunity, you have the ability to design your career
The hours can be long depending on the project
ESOP
Frequently asked questions about Scotiabank salaries
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Zippia gives an in-depth look into the details of Scotiabank, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Scotiabank. The employee data is based on information from people who have self-reported their past or current employments at Scotiabank. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Scotiabank. The data presented on this page does not represent the view of Scotiabank and its employees or that of Zippia.
Scotiabank may also be known as or be related to Scotiabank, Scotiabank of Puerto Rico Inc and The Bank of Nova Scotia.