Scotia Capital Usa Inc

Visa Rank: 1,191 | LCA for H-1B: 66 | LC for Green Card: 4 | Prevailing Wage Determination: 15 | Denied or withdrawn: 4

Overview

Update(2/26/26): In fiscal year 2026, Scotia Capital Usa filed 4 LCAs for H-1B visas, 1 labor petition for green card, and 1 request for prevailing wage determination.

Important Update(12/16/2025): We’ve recently added H-1B visa approval and denial history from USCIS(2017–2025) and H-1B visa petition locations to provide a more complete view of employment-based immigration. Previously, our data included only Labor Condition Applications (LCAs) certified by the U.S. Department of Labor.
For example, in fiscal year 2025, Scotia Capital Usa filed 21 Form I-129 petitions for H-1B visas. Of these, 21 were approved and 0 were denied.

Number of Employees: 529
Founded: 1885 - Main Office: New York, NY - NAICS Industry: Finance and Insurance
H-1B Dependent: No - Willfull Violator: No

Scotia Capital Usa Inc filed 66 labor condition applications (LCAs) for H-1B visas and 4 labor certifications (LCs) for green cards during fiscal year 2025. Scotia Capital Usa was ranked number 1,191 among all visa sponsors. Additionally, 3 LCAs and 1 LC were denied or withdrawn during the same period.

Before Scotia Capital Usa can hire foreign workers, whether permanently or temporarily, it must submit labor certifications to the Department of Labor (DOL). These certifications confirm compliance with wage requirements for the specified job locations.The reports below summarize Labor Condition Applications (LCA) for H-1B visas and Labor Certifications (LC) for green cards filed by Scotia Capital Usa. This data represents only the number of applications submitted and does not guarantee visa approvals or worker hires.

The LCA data includes applications for various purposes: new employment, continuation or changes to previously approved employment, new concurrent employment, changes in employer, and amended petitions. Typically, only LCAs for new employment require an H-1B visa cap if the employer is not cap-exempt.For example, Scotia Capital Usa submitted 90 LCAs and LCs during fiscal year 2025. However, this figure does not necessarily reflect the number of foreign workers hired, as visa applications can be denied. Additionally, employees renewing or transferring H-1B visas or changing work locations may need to file new LCAs.

The DOL generally certifies more than three times the number of foreign worker requests compared to the H-1B visas issued by USCIS. Therefore, there is no direct correlation between the number of workers certified by the DOL and the H-1B visas issued by the United States Citizenship and Immigration Services (USCIS).

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Worker Backgrounds

Overview of the backgrounds of foreign workers sponsored by Scotia Capital Usa for permanent employment, highlighting up to 12 categories in each field along with the number of workers. The fields include citizenship, colleges attended, degrees earned, fields of study, and visa status.

Citizenship: where they came from

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Visas

Summary of Labor Condition Applications (LCAs) for H-1B visas and Labor Certifications (LCs) for green cards filed by Scotia Capital Usa. The data includes new employment, continuation or changes to previously approved employment, new concurrent employment, changes in employer, and amended petitions.

Labor Condition Applications(LCAs) for H-1B Jobs

Year Certified Denied Withdrawn Certified-Withdrawn
2025 533010
2024 19000
2023 25002
2022 41012
2021 29022
2020 19100
2019 4000
2018 4000
2017 2100

Labor Certifications(LCs) for Green Card Job

Year Certified Denied Withdrawn Certified-Withdrawn
202553300
202419000
202325000
202241010
202129020
202019100
20194000
20184000
20172100

H-1B Visa History

This table summarizes H-1B visa petition decisions made by the U.S. Citizenship and Immigration Services (USCIS) or the U.S. Department of State, not the Labor Condition Applications (LCAs) certified by the Department of Labor (DOL).

Year New Approval New Denial Continuation Approval Continuation Denial Change Employer Approval Change Employer Denial Total Approval Total Denial Total H-1B*
2025 9 0 6 0 5 0 21 0 21
2024 10 0 3 0 1 0 15 0 15
2023 2 0 3 0 3 0 11 0 11
2022 6 0 5 0 5 0 16 0 16
2021 3 0 1 0 0 0 5 1 6
2020 4 0 0 0 1 0 6 0 6
2019 1 0 0 0 2 0 3 0 3
2018 0 0 1 0 2 0 3 0 3
2017 0 0 1 0 0 0 1 0 1

* Why are the numbers different? LCAs are a prerequisite to filing H-1B visa petitions, but not all certified LCAs lead to actual H-1B filings. Similarly, one LCA can support multiple visa petitions (e.g., for extensions, amendments, or changes in employer). Therefore, visa totals may differ significantly from LCA totals.
Moreover, employers sometimes use different names when submitting LCAs and H-1B visa petitions. This can cause discrepancies in our system. To get a complete and accurate picture, please use the search function to explore both LCA and visa data.
Total H-1B includes all types of visa petitions: new employment, continuation, change of employer, as well as other actions not listed in the table, such as concurrent filings and amendments.

Annual Average Salaries

H-1B and Green Card Jobs Proffered Salaries

Year H-1B Salary Green Card Salary Prevailing Wage
2025 $177,939 $201,766 $182,785
2024 $182,053 $227,500 $202,486
2023 $198,370 $202,500 $168,704
2022 $171,407 $169,375 N/A
2021 $163,876 $230,000 N/A
2020 $148,821 $129,375 N/A
2019 $168,333 N/A N/A
2018 $176,429 N/A N/A
2017 $117,500 $135,000 N/A

The salary figures shown represent the average proffered (offered) salaries reported by Scotia Capital Usa on labor condition applications (LCA) for H-1B visas and permanent labor certification (PERM) for green cards. These are base guaranteed salaries and do not include bonuses, stock options, or other forms of compensation.

If Scotia Capital Usa reported a salary range, we use the midpoint to calculate the average. Salaries submitted in hourly, weekly, or monthly terms are converted to an annualized figure based on a standard full-time schedule (e.g., 40 hours/week, 52 weeks/year).

Occupations & Job Titles

Summary of the occupations and job titles of foreign workers sponsored by Scotia Capital Usa for permanent employment, highlighting up to 12 roles in each field along with the number of workers. To increase your chances of receiving visa sponsorship, focus on positions that Scotia Capital Usa has historically hired foreign workers for.

H-1B Occupations

Financial and Investment Analysts(114)Financial Analysts(8)Financial Quantitative Analysts(2)

Green Card Occupations

Financial and Investment Analysts(3)Financial Analysts(2)Credit Analysts(1)Business Intelligence Analysts(1)

Prevailing Wage Occupations

Financial and Investment Analysts(15)Financial Managers(4)Securities, Commodities, and Financial Services Sales Agents(2)Financial Risk Specialists(1)Data Scientists(1)Credit Analysts(1)Chief Executives(1)

H-1B Job Titles

Analyst(23)Associate Director(14)Analyst, Power & Utilities Investment Banking(9)Associate(6)Associate, Debt Capital Markets Latin America & Caribbean(6)Associate, Fund Finance, Structured Credit(4)Director, U.S. Emerging Markets Rates Trading(4)Director, Us Emerging Markets Rates Trading(4)Associate Director, Em Trading(2)Assistant Manager, Operations Control(2)

Green Card Job Titles

Associate Director(3)Director(1)Associate, Debt Capital Markets Latin America (1)Associate Director, Us Credit Derivatives(1)Associate Director, Latin America Investment Banking(1)

Prevailing Wage Job Titles

Associate Director(4)Associate Investment Banking, Global Banking & Markets(3)Associate(2)Assistant Manager, Treasury Settlements(2)Associate Director, Investment Banking(2)Associate Investment Banking(2)Associate Director, US Equity Derivatives(1)Associate Director, U.S. Treasury Reporting & Analytics(1)Associate Director, Investment Banking LatAm(1)Associate Director, Exotic Equity Derivatives Trader(1)
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Contacts

The individuals listed in this section are employees of Scotia Capital Usa Inc authorized to represent the company in labor certification matters. They cannot be agents or attorneys unless they are direct employees of Scotia Capital Usa. Furthermore, they may not be Human Resources professionals directly involved in hiring or resume screening. In smaller companies, these representatives are often decision-makers, such as the president or operations director.

H-1B Visa Job Contacts

Madison Hale - Manager, Hire & Onboarding [+]
250 Vesey Street New York, NY

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Vincent Chih - Senior Manager, Human Resources [+]
250 Vesey Street New York, NY

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Claire Burns - Senior Analyst, Hr Operations [+]
250 Vesey Street New York, NY

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Green Card Job Contacts

Vincent Chih [+]
250 Vesey Street New York, NY

Phone: Premium Member Only, Sign Up Now!
Email: Premium Member Only, Sign Up Now!

Claire Burns [+]
250 Vesey Street New York, New York

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Office Locations

Summary of the Top Locations with the Highest Number of Foreign Workers. The main office ranks as the primary worksite for foreign workers, hosting the largest number among all locations.

Main Office:250 Vesey Street New York, NY 10281

H-1B Visa Job Work Sites

New York,NY(92)Jersey City,NJ(15)Houston,TX(5)Brooklyn,NY(4)West New York,NJ(2)San Francisco,CA(2)Salt Lake City,UT(1)Long Island City,NY(1)Harrison,NJ(1)Boston,MA(1)

Green Card Job Work Sites

New York,NY(7)

Prevailing Wage Determination Work Sites

New York,NY(26)Houston,TX(5)San Francisco,CA(1)

H-1B Visa Petition Locations

This table summarizes H-1B visa petition decisions made by the USCIS or the U.S. Department of State since 2017. The city and state reflect the employer’s mailing address as listed on Form I-129 and may not represent the actual work location(s) of the beneficiary(ies).

City State New Approval New Denial Continuation Approval Continuation Denial Change Employer Approval Change Employer Denial Total Approval Total Denial Total H-1B*
New York NY 35 0 20 0 19 0 81 1 82

*Total H-1B includes all types of visa petitions: new employment, continuation, change of employer, as well as other actions not listed in the table, such as concurrent filings and amendments.

FAQs

Has Scotia Capital Usa sponsored H-1B Visa in the past? - [+]

Yes, during past fiscal year, Scotia Capital Usa has filed 66 LCAs for H-1B Visa positions.

Has Scotia Capital Usa sponsored employment based green card in the past? - [+]

Yes, during the past fiscal year, Scotia Capital Usa has filed 66 LCs for employment based green card positions.

Is Scotia Capital Usa an H-1B dependent employer? - [+]

No, Scotia Capital Usa is not an H-1B-dependent employer, meaning it does not have a high proportion of H-1B workers relative to its total workforce.

What types of roles do Scotia Capital Usa typically sponsor for H-1B visas or green cards? - [+]

The most common roles for H-1B Visa positions are Analyst(23), Associate Director(14), Analyst, Power & Utilities Investment Banking(9), Associate(6), Associate, Debt Capital Markets Latin America & Caribbean(6), Associate, Fund Finance, Structured Credit(4). The most common roles for green card positions are Associate Director(3), Director(1), Associate, Debt Capital Markets Latin America (1), Associate Director, Us Credit Derivatives(1), Associate Director, Latin America Investment Banking(1).

Reviews

Number of Reviews: 1 - Average Review Score: 3.0 -

Rate and Review Scotia Capital Usa Inc



★★★☆☆ - - - - 2/18/2025 - flag as inappropriate - comment
Things I like: Employee Recognition and Appreciation, Good Immigration Support, Positive Work Environment
Things I don't like: Workplace Discrimination or Lack of Diversity, Insufficient Health Benefits, Rigid Work Hours with Little Flexibility


You are welcome to share your working, interview or application experience with Scotia Capital Usa Inc as well as its owners or employees. Please avoid mentioning any names or using profanity and obscene languages when you are making comments.

Many of the reviews about H1B visa and green card sponsors on our web site are negative. Though this somewhat reflects one aspect of real immigrant labor market, you should do more research and use your own judgment to make decisions. Please be also aware that some reviews and comments were submitted by employers, competitors or disgruntled employee of Scotia Capital Usa Inc.

Under federal law (Section 230 of the Communications Decency Act) MyVisaJobs.com is not legally responsible for the information posted by the third parties, even if the posted information contains remarks that are defamatory. If you find any review about Scotia Capital Usa Inc is inappropriate, please use the Flag As Inappropriate link next to the review to report.

If you find an employer has violated any proceeding under the Immigration and Nationality Act (INA) or it has committed either a willful failure or a misrepresentation of a material fact of the Labor Condition Application (LCA) attestations, please do not post your review here. You should contact Dept of Labor, Dept of Justice or U.S. Immigration and Customs Enforcement (ICE).

For additional information, visit DOL Wage and Hour Division Website: http://www.wagehour.dol.gov and/or call their toll-free information and helpline, available 8 a.m. to 5 p.m. in your time zone, 1-866-4USWAGE (1-866-487-9243).
Employer: Scotia Capital Usa
Review Result: 3.0 out of 5 stars 1 votes

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