Investment Banking / Capital Markets Jobs in Canada 2026

8 entry-level positions available

Investment Banking and Capital Markets roles in Canada offer some of the highest-paying entry-level positions in finance. Major banks like RBC Capital Markets, TD Securities, BMO Capital Markets, and CIBC World Markets actively recruit new graduates for analyst programs. Entry-level IB analyst salaries range from $85,000 to $120,000 CAD base, plus bonuses that can add 50-100%. Toronto's Bay Street is the epicentre of Canadian capital markets, with Montreal and Calgary also hosting significant operations.

In-Demand Skills for Investment Banking / Capital Markets

  • Financial Modeling
  • DCF Analysis
  • Bloomberg Terminal
  • Excel / VBA
  • PowerPoint
  • Valuation
  • M&A Analysis
  • Equity Research
  • Capital Markets
  • Accounting (IFRS)

Showing all investment banking / capital markets positions for new grads, juniors, and interns in Canada.

Frequently Asked Questions

What is the typical salary for an investment banking analyst in Canada?

First-year IB analysts at major Canadian banks earn $85,000-$100,000 CAD base salary, with year-end bonuses of $40,000-$80,000+. Boutique firms may pay slightly less base but can offer competitive total compensation.

Do I need an MBA to work in investment banking in Canada?

No. Most banks hire analysts directly from undergraduate programs in finance, economics, or business. An MBA is typically pursued after 2-3 years as an analyst to return at the associate level.

Which Canadian cities have the most IB jobs?

Toronto (Bay Street) dominates with 70%+ of Canadian IB roles. Montreal has a growing presence, especially for francophone coverage. Calgary is strong for energy-focused investment banking.