Investment Banking / Capital Markets Jobs in Canada 2026
29 entry-level positions available (19 full-time, 10 internships)
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
Showing all investment banking / capital markets positions for new grads, juniors, and interns in Canada.
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Associate, Investment Banking, Mining & Metals - Toronto, ON
Scotiabank
📍 Toronto, ON
Build financial models, analyze deals, support execution
Full-time · Permanent · Not disclosed · Toronto, ON
Posted Jul 08, 2026
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Equity Research Associate - Industrial (Engineering and Construction)
TD Securities
📍 Toronto, Ontario
Build financial models, publish sector research, support analysts
Full-time · Permanent · $110,000-$135,000 CAD · N/A
Posted Jul 08, 2026
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Associate, Investment Banking, Mining & Metals - Toronto, ON
Scotiabank - Global Banking and Markets
📍 Toronto, Ontario
Build financial models, analyze clients, prepare presentations
Full-time
Posted Jul 08, 2026
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Equity Research Associate - North American Industrials
RBC
📍 Toronto, Ontario · Hybrid
Support equity research; build models; write notes
Full-time · Regular · $80,000-$115,000 · permanent
Posted Jul 08, 2026
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Equity Research Associate - Transportation/Aerospace/Industrials
RBC
📍 Toronto, Ontario
Develop models, analyze equities, write research notes
Full-time · Regular · $80k-$115k · Permanent
Posted Jul 08, 2026
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Multi - Asset Trading Associate
Mackenzie Investments
📍 Greater Toronto Area · Hybrid
Support trade execution and lifecycle across assets
Full-time · permanent · $90k-$140k CAD · n/a
Posted Jul 07, 2026
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Associate, Private Equity Portfolio Strategy
CPPIB Credit Investments Inc. UK
📍 Toronto
Conduct financial analysis to optimize private equity portfolio
Full-time
Posted Jul 06, 2026
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Equity Research Associate
QV Investors Inc.
📍 Calgary, Alberta · Hybrid
Construct financial models and conduct equity research
Full-time · Permanent · Market · Negotiable
Posted Jul 06, 2026
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Investment Banking Analyst/Associate (Future Opportunities)
Raymond James Ltd.
📍 Toronto, Ontario · Hybrid
Build models, analyze deals, prepare pitch materials
Full-time
Posted Jul 04, 2026
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Associate, Private Equity
Oxford I Asset Management
📍 Toronto, Ontario
Model financials, evaluate investments, support due diligence
Full-time · Immediate start · $115k-$145k per year · Permanent
Posted Jul 03, 2026
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Equity Research Associate, Metals and Mining - Toronto
Scotiabank
📍 Toronto, Ontario
Build financial models, analyze mining equities, publish research.
Full-time · Toronto
Posted Jul 03, 2026
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🔥 Hot Remote
Investment Banking Associate, Financial Institution Group
TD Securities
📍 Toronto, Ontario
Build valuation models; support M&A transactions
Full-time · 37.5 hours/week · CAD 135k-155k base · permanent
Posted Jul 02, 2026
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Equity Research Associate - Industrial (Engineering and Construction)
TD
📍 Toronto, ON
Build financial models, publish equity research notes
Full-time · Permanent · CAD 110k-135k · N/A
Posted Jul 02, 2026
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Remote
Associé(e) en Fusions & Acquisitions - M&A Associate
Manos Software Group
📍 Montreal, Quebec
Build financial models, source and close acquisitions
Full-time · Permanent · Competitive base + bonus · Canada
Posted Jun 28, 2026
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Equity Research Associate - Diversified Financials
RBC
📍 Toronto, Ontario
Develop financial models; support equity research
Regular · Full-time · $80,000-$115,000
Posted Jun 26, 2026
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Portfolio Trading Associate (Contract)
CI Financial
📍 Toronto, Ontario
End-to-end trading operations, settlements, reconciliations
Type: Contract
Posted Jun 26, 2026
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Associate, Global Investment Banking, Mining & Metals
RBC
📍 Toronto, ON M9W 0A4
Support debt/equity financing and M&A deals
Full-time · Permanent · Salaried · N/A
Posted Jun 25, 2026
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Associate, Securities Services
Canaccord Genuity Corp.
📍 Vancouver, BC
Process securities transfers; support back-office operations
Full-time · Permanent · $50,000-$55,000 CAD · Vancouver
Posted Jun 25, 2026
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Equity Research Associate - Metals & Mining
Canaccord Genuity Corp.
📍 Toronto, ON
Develop models, conduct mining equity research
Full-time · $100,000 CAD
Posted Jun 25, 2026
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GBM - Investment Banking (Mining) Internship/Co-op - Winter 2027
Scotiabank
📍 Toronto, ON
Develop financial models; support client pitches and deals
Internship/Co-op · Jan–Apr 2027 · Pay not disclosed · Winter 2027
Posted Jul 13, 2026
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GBM - Investment Banking Internship/Co-op - Winter 2027
Scotiabank
📍 Toronto, ON
Build financial models, support client pitches
Type: Co-op/Internship · Duration: Jan–Apr 2027 · Term: Winter 2027
Posted Jul 09, 2026
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Private Equity Student Analyst
Azimuth Capital Management
📍 Calgary, Alberta
Build models, analyze investments, support portfolio operations
Student Analyst · 8 months · Not disclosed · Sep 2026 term
Posted Jul 08, 2026
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Stagiaire en F&A | M&A Internship (Automne/Fall)
Helios Software Group
📍 Montreal, Quebec
Source deals, model, due diligence, relationships
Internship · Fall
Posted Jul 06, 2026
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Stagiaire en F&A | M&A Internship (Automne/Fall)
Valsoft Corporation
📍 Montreal
Source investment opportunities, model deals, support execution
Internship · Fall · Not disclosed · Fall
Posted Jul 06, 2026
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Stagiaire en F&A | M&A Internship (Automne/Fall)
Valsoft
📍 Montréal, QC
Source investments, build models, support deal execution
Internship · Fall · N/A · Internship
Posted Jul 06, 2026
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Investment Banking Intern
Wellington Row Group
📍 Toronto, Ontario
Assist deal materials; build models; learn IB process
Internship · Part-Time · Commission-based · TBD
Posted Jul 03, 2026
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Investment Banking Intern
Hovey Capital Partners Canada
📍 Toronto, Ontario · Hybrid
Prepare pitch decks, conduct firm research, support campaigns
Internship
Posted Jul 01, 2026
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Capital Markets Analyst Intern - Fall 2026
First Nations Financial Markets
📍 Vancouver, British Columbia
Support capital markets deals; build financial models
Internship · Fall 2026
Posted Jul 01, 2026
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Quantitative Equity Research, Intern
Connor, Clark & Lunn Investment Management (CC&L)
📍 Vancouver, British Columbia
Develop models and insights for equity research
Internship · 4-8 months · $11,000/month · Sep 2026
Posted Jun 27, 2026
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.