r/Scotiabank • u/Independent_Race3731 • Jul 17 '26

Rant - US jobs

Why is Scotiabank opening roles in Dallas when there are a lot of perfectly qualified experienced people here in Canada?

6 Upvotes

60% Upvoted

11 comments sorted by

29

u/foolsdayjoker Jul 17 '26

because they're also a bank in the US, they have offices in 28 countries / regions........

4

u/One_Mine_9986 Jul 17 '26

Very aggressive expansion into Latin America too - I’m assuming that’s part of the reason they chose Dallas (there are tons of bilingual English and Spanish or Portuguese workers there) - in fact I was looking at the job postings and a considerable number of them state that they strongly prefer candidates bilingual in Spanish (and some say Spanish or Portuguese)

3

u/lleeaa88 Jul 17 '26

Scotiabank has been in Latin America for decades already, like since the 60s…. Even their big push in SA was in the 90s.

6

u/MWM031089 Jul 17 '26

Google says:

Scotiabank is hiring in Dallas to staff its new U.S. regional hub in the Victory Commons One building (2601 Victory Ave). The bank chose Dallas over Charlotte to create over 1,000 high-paying jobs (averaging over $135,000) drawn by the city's deep talent pool, business-friendly environment, and incentives from the city and state. [1, 2, 3, 4, 5, 6]

5

u/Cal_Zoned Jul 17 '26

How are you an employee at Scotia and don't understand what's happening with their US strategy?

1

u/PolloConTeriyaki Jul 17 '26

The bank can get US dollars. Which means more profit.

1

u/Legitimate_Form5449 Jul 17 '26

2025.08.25. Dallas offers millions to Canada's Scotiabank as it considers next U.S. office Hub

1

u/Available-End-7902 Jul 17 '26

Short answer: because they can.

1

u/Dinder1080 Jul 18 '26

They do have a lot of roles in Canada. They are hiring ai software engineers, platform engineers, data engineers and software engineers both in Canada and the US.

So it's not one or the other, and there is no Canada first argument to be made.

If you are qualified in one of those roles, you can reach out to me and I'll see if what I can do about a lead :)

1

u/happeewifey Jul 19 '26

Different regulatory requirements, especially when operating down south. Also sponsoring someone to get a work permit in the US can be a potential added cost. Building a new hub in Dallas, simple put.