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Scotiabank tests

Scotiabank Tests

  • 12 tests
  • 110 questions
Scotiabank tests

Scotiabank is one of Canada’s largest banking groups, providing a variety of financial services to more than 23 million customers. Founded in 1832, it is headquartered in Halifax.

Prepare yourself for leading employers

Scotiabank in-person interview

If you do well enough in the assessments, you might be invited for an in-person interview by the recruitment team. Try to get as much interview practice beforehand by practicing lots of interview-style questions.

The STAR method can be a particularly useful way to structure your responses to interview questions using the Situation, Task, Action, Response method. Scotiabank will want examples of times you’ve demonstrated certain skills (including some of their core values).

By using this method, it will help you put together examples that are communicated concisely and clearly.

Scotiabank screening

If you successfully complete the interview, there is a screening phase to verify background and employment eligibility before your job offer.

Your references will be checked, as well as any supporting paperwork for your education to ensure you meet all requirements.

Practice Aptitude Tests is not associated with Scotiabank. We provide preparation services for Scotiabank psychometric tests. Our tests are not designed to be identical to any style, employer or industry. Visit https://uk.jobs.scotiabank.com/ to find out more.

Sample Scotiabank Tests question Test your knowledge!

During a fiscal quarter, a financial advisor reported that the value of a portfolio increased by 8%. If the value at the beginning of the quarter was $50,000, what was the value at the end of the quarter?

  • $54,000
  • $53,000
  • $55,000
  • $52,000

A customer has a 5-year fixed mortgage rate at 3.5% and wants to find the total interest paid on a principal of $250,000. What would be the total amount of interest paid over 5 years?

  • $43,750
  • $37,500
  • $48,250
  • $35,000

If a savings account offers a compound annual interest rate of 2%, and a customer deposits $10,000, what will be the balance after 4 years?

  • $10,816.48
  • $10,833.60
  • $10,404
  • $11,000

A customer invested $5,000 in a bond that pays annual interest. After 3 years, the total value of the investment is $5,780.50. What is the annual interest rate?

  • 5.2%
  • 4.5%
  • 5%
  • 6%

A client opened two savings accounts, depositing $15,000 in one at an annual interest rate of 1.5% and $10,000 in another at 2.5%. After one year, how much more interest has the client earned from the second account compared to the first?

  • $100
  • $150
  • $200
  • $50

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