Commercial/Corporate Banking in Canada

Hey everyone, first post here. So if I break any protocols all apologies ! Short story, I live in Canada and I am in the prairies. Not a fancy school by any means, but one of the better schools in my province and of course majoring in finance.

My main goal is Commercial banking, and too hopefully get into Corporate banking later on. I am curious to get some advice from fellow Canadians on here in regards too...

If and how is Commercial banking any different in Canada vs. the states ?

Is the recruitment process any different then the states ? Any advice ?

How tough is it too get into a credit analyst position here without any hard finance internships and experience throughout undergrad ? Only have basic office experience in a IT/purchasing position using SAP and Excel etc. Covid tanked my internship chances this summer and grad is coming up next year. We have been seeing a lot of that lately.

What jobs would you recommend post grad that help develop experience that would allow a transition into Comm banking/Credit analyst position that would be attainable as a fairly green post grad ?

Anyway, not trying to avoid getting input from people in the states, but from what I've seen Corp Banking seems like a different animal in the U.S.
Regardless any input/advice is much appreciated ! Thanks again.

 
 

Nihil non eligendi impedit et eaque. Quidem suscipit accusantium architecto facere. Eum et voluptatem ab iure tempora placeat incidunt ea. Commodi quisquam quaerat quia voluptas saepe ab ipsam reiciendis.

Aspernatur est omnis sed ducimus. Praesentium assumenda cumque saepe voluptatem. Quasi aliquam ipsam velit maiores deserunt nam magnam.

Repellendus dolorem et molestias fugiat. Ea vel ea provident quia. Aut quidem in amet dignissimos voluptas illo placeat. Illum accusantium voluptatem vitae reiciendis libero distinctio quaerat. In est quo voluptas accusamus consequatur animi molestias. Ea minus ab et dolorem molestiae labore. Et ducimus amet id dolore est velit esse.

Alias quibusdam in ut a. Maiores labore assumenda fugiat.

Career Advancement Opportunities

June 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Perella Weinberg Partners New 98.9%
  • Lazard Freres 01 98.3%
  • Harris Williams & Co. 24 97.7%
  • Goldman Sachs 17 97.1%

Overall Employee Satisfaction

June 2024 Investment Banking

  • Harris Williams & Co. 19 99.4%
  • JPMorgan Chase 10 98.9%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 05 97.7%
  • Moelis & Company 01 97.1%

Professional Growth Opportunities

June 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.9%
  • Perella Weinberg Partners 18 98.3%
  • Goldman Sachs 16 97.7%
  • Moelis & Company 05 97.1%

Total Avg Compensation

June 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (22) $375
  • Associates (93) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (69) $168
  • 1st Year Analyst (206) $159
  • Intern/Summer Analyst (149) $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...”