17 Comments
 

Based on the most helpful WSO content, Scotiabank's recruitment process for mining groups in Toronto can be competitive, especially given the team's reputation and recent changes. If you've already networked heavily with the team and completed the application, here are a few insights:

  1. Recorded Interviews: These often serve as an initial screening tool. While networking is crucial, the recorded interview still holds weight as it helps HR and hiring managers assess candidates on a standardized basis. Ensure your responses align with the role's expectations and showcase your technical and behavioral skills.

  2. Timeline Variability: Scotiabank's recruitment timelines can vary. Some candidates hear back sooner due to internal prioritization or specific team needs. If you haven't heard back yet, it doesn't necessarily mean you're out of the running.

  3. Follow-Up: Since you've networked with the team, consider reaching out to your contacts politely to inquire about the status of your application. A brief, professional email expressing continued interest can sometimes help.

  4. Patience: Recruitment processes, especially for specialized groups like mining, can take time. If Scotiabank is still in the process of reviewing applications or conducting interviews, delays are not uncommon.

If you’re confident in your networking efforts and application, stay patient but proactive. Good luck!

Sources: Goldman Sachs Early Careers, S&T Recruitment 2011: An Applicants Story, How good are Scotiabank, CIBC and RBC Mining Groups in Toronto?, Any fellow Canadians going to the States in 2019 for FT/SA start? How confidant do you feel about your visa?

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

Ad quo fugit ut sit quia aspernatur. Ea maiores possimus nam quo omnis provident. Optio quae sint ipsum aut. Illum sit eum voluptatem excepturi ipsa explicabo. Beatae consequuntur unde velit. Facere veniam ut est.

Eos quo sint id et. Maiores enim aliquam corrupti placeat delectus earum iusto voluptas. Nisi error perferendis veritatis. Id perferendis repellat impedit beatae illo.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 07 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan No 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (50) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (75) $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

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...”