Banks No Longer Requiring / Allowing Resumes?

Scotiabank Canada just announced that they’re no longer allowing resumes for any Student, Co-Op, or New Grad positions.

Wondering if you guys have any thoughts on this or if you’ve heard of other banks doing something similar.

19 Comments
 

Based on the PLUM profile that they get you to fill out and transcript (so school/marks) - I know the HR team encourages multiple touchpoints too so looking to get to know the candidates better before interviewing and all. Not sure if they would give interviews off cold applications with no networking but I think that's the idea of it

 

They can't teach you the personal skills which are required on the job and to interact with senior management. If they think you are capable and come out as smart in the coffee chats then you get an interview. 

 
Most Helpful

Nope. From Global News:

"The Toronto bank removed the requirement as part of its campus hiring program and has begun using assessments from Waterloo, Ont. technology company Plum to help find untapped talent and ease the barriers to employment among some population groups.

 

“We are taking away any bias, which would be where did someone go to school, what jobs did they have before and what opportunities did they have or not have based on their upbringing or circumstances?” said James Spearing, Scotiabank’s vice-president of talent acquisition."

“(We’re) removing as much of that possible and giving a level playing field.”

https://globalnews.ca/news/8391184/scotiabank-campus-hiring-no-resume/

 

Quod labore aspernatur itaque reiciendis sit nam sequi. Nisi aperiam minima distinctio dolorum assumenda. Nihil molestiae quis molestiae.

Qui quod placeat sequi aut voluptatem explicabo. Consequatur et consequatur praesentium nostrum totam.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (67) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
dosk17's picture
dosk17
98.9
6
CompBanker's picture
CompBanker
98.9
7
DrApeman's picture
DrApeman
98.9
8
GameTheory's picture
GameTheory
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Linda Abraham's picture
Linda Abraham
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”