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Scotiabank interview questions

20 questions researched across 1 Scotiabank seat in Global Banking & Markets. Below are 12 of them.

Seats we researched

  • Summer AnalystGlobal Banking & Markets · intern · 20 min

12 Scotiabank interview questions

  1. Walk me through a comparable companies analysis and its limits.

  2. Tell me about a time you were under-prepared and had to recover.

  3. Canadian companies report under IFRS. How do leases flow through the statements under IFRS 16, and what does that do to EBITDA and leverage compared with a US GAAP peer?

  4. Why Scotiabank Global Banking and Markets?

  5. Walk me through an LBO.

  6. Tell us about a time you worked to someone else's standard.

  7. What is the difference between EV and equity value?

  8. How would currency risk change a Canada-Mexico acquisition model?

  9. Which Canadian sector is most exposed to a US slowdown, and why?

  10. Pitch me a Canadian company worth acquiring.

  11. Depreciation goes up by ten dollars and the tax rate is twenty-five percent. Walk me through the three statements.

  12. An acquirer trading at twelve times earnings buys a target at fifteen times earnings, all in stock. Is the deal accretive or dilutive, and why?

What a strong answer does

The questions above fall into 4 kinds. What a strong answer does differs by kind, not by question.

Technical7 of 12 above
State the intuition first; walk through the mechanics; make assumptions explicit; test a risk or edge case; connect the answer to the role.
Behavioral3 of 12 above
Lead with the claim and context; isolate your personal action and decision; explain the trade-off; quantify the result; finish with what you learned and changed.
Market1 of 12 above
State a view; support it with evidence and a catalyst; explain valuation or transmission; give the strongest countercase; name the risk that would change your mind.
Case1 of 12 above
Clarify the objective; build a mutually exclusive structure; prioritize the highest-value branch; analyze with evidence; synthesize a recommendation, risks, and next step.

8 more Scotiabank questions

The rest of the bank — 20 in total — is asked by the interviewer during practice, so you meet them the way you would on the day rather than reading them first.

Practise Scotiabank questions

How these questions were researched

Every question carries a provenance grade. Some were reported by candidates who sat the round, some come from the firm’s own published guidance or a source that trains for it, and the rest are written to match how this firm asks. Each seat is studied on its own — the round it actually runs, the order it runs it in, and what it is listening for. A Scotiabank round is not a generic behavioural screen, and practising one as the other is how people walk in unprepared.

Falas is not affiliated with or endorsed by any employer named. Simulations are independent practice based on publicly described recruiting formats.