Investment Banking / Capital Markets Jobs in Canada 2026
26 entry-level positions available (19 full-time, 7 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, Technology & Innovation Investment Banking
CIBC
📍 Toronto, ON
Prepare industry analyses, build financial models, support deals
Full-time · Not specified · $135,000 base + bonus · on-site
Posted Jun 10, 2026
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Equity Research Associate – Consumer Products
BMO Capital Markets
📍 Toronto, Ontario
Build models, analyze consumer products equities, report insights
Full-time · Permanent · CAD 110k-115k · N/A
Posted Jun 09, 2026
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Equity Research Associate – Consumer Products
Bmo
📍 Toronto, ON, CAN
Build financial models, support equity research
Full-time · N/A · CAD 110k-115k · permanent
Posted Jun 09, 2026
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Investment Banking Associate, Power & Utilities
TD Securities
📍 Toronto, Ontario
Develop valuation models, analyze deals, support client work
Full-time · Permanent · CAD 135,000–CAD 155,000 CAD base · n/a
Posted Jun 09, 2026
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Natural Resources Group - Investment Banking Associate - Canada
JPMorganChase
📍 Calgary, AB T2P 0L4
Lead valuations and prepare client pitch books
Full-time · N/A · N/A · N/A
Posted Jun 08, 2026
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Associate, Private Equity
Alberta Investment Management Corporation (AIMCo)
📍 Calgary, Alberta
Support PE deals with modeling and due diligence
Full-time
Posted Jun 08, 2026
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Natural Resources Group - Investment Banking Associate - Canada
JPMC Candidate Experience page
📍 Calgary, AB, Canada
Lead/assist on M&A deals and valuations
Full-time
Posted Jun 08, 2026
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Investment Banking Associate, Power & Utilities
TD
📍 Toronto, ON
Build valuation models, analyze M&A, support deals
Full-time · Permanent · CAD 135,000-155,000 · Ongoing
Posted Jun 04, 2026
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Associate, Institutional Equity Research (Metals & Mining)
CIBC
📍 Toronto, Ontario
Develop financial models, write research reports
Regular · Full-time · $100,000 base salary · Permanent
Posted Jun 03, 2026
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Investment Banking Analyst or Associate Private Company
National Bank of Canada
📍 Calgary, AB
Prepare models, analyze transactions, support deal execution
Permanent
Posted Jun 02, 2026
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Investment Banking Diversified Industries, Associate
Barclays Investment Bank
📍 Toronto, Ontario
Build financial models, valuations, and execute transactions
Full-time · Permanent · CAD 220K-270K · N/A
Posted Jun 02, 2026
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Investment Banking Diversified Industries, Associate
Barclays
📍 Toronto, Bay Wellington Tower L47
Build financial models, value companies, support deals
Full-time · permanent · CAD 220K-270K · Toronto, Canada
Posted Jun 02, 2026
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Capital Markets Operations Associate
Societe Generale
📍 Montreal, Quebec · Hybrid
Coordinate deal closings, monitor drawdowns, support operations
Type: Full-time
Posted May 31, 2026
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Remote
M&A Corporate Development Associate
Jonas Software
📍 Remote
Develop M&A opportunities, manage deal pipeline
New Role · Full-time · CAD 60-70k base + bonus · Not specified
Posted May 28, 2026
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Global Capital Markets New Graduate Rotational Program
Scotiabank
📍 Toronto, Ontario
Support trading desks; analyze markets; prepare presentations
Rotational program · 12 months
Posted May 28, 2026
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Investment Banking Analyst or Associate
National Bank of Canada
📍 Calgary, AB T2P 4J8
Model financials, support private company M&A deals
Permanent
Posted May 27, 2026
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Equity Research Associate - Base Metals
TD Securities
📍 Toronto, Ontario
Build financial models, analyze base metals equities
Full-time · CAD 100,000-135,000
Posted May 26, 2026
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Analyste/Associé(e), F&A | Analyst/Associate, M&A
Valsoft Corporation
📍 Montreal
Sourcing deals, build models, support due diligence
Full-time
Posted May 26, 2026
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Associate, Mid-Market Investment Banking
Cibc
📍 Toronto, ON
Support M&A deals with financial modeling and diligence
Regular · N/A · N/A · N/A
Posted May 22, 2026
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M&A Internship - Fall Semester
TAG Software Group
📍 Toronto, Ontario
Source opportunities, build models, support deal execution
Internship · Fall Semester · N/A · Fall Semester
Posted Jun 10, 2026
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Co-op or Intern, M&A and Capital Markets - September 2026
BDO Canada
📍 Toronto, Ontario
Prepare pitch books, perform financial analysis, due diligence
Co-op/Intern · Sep-Dec 2026 · N/A · Fall 2026
Posted Jun 09, 2026
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Co-op or Intern, M&A and Capital Markets - September 2026
BDO
📍 Toronto, ON
Prepare pitch books and perform financial modeling
Co-op/Intern · Sep–Dec 2026 · Pay not disclosed · N/A
Posted Jun 09, 2026
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Stagiaire/Intern - Private Equity
BDG & Partners
📍 Montreal, Quebec
Build financial models, perform due diligence, create presentations
Internship · Fall 2026 / Winter 2027 / Summer 2027 · Not disclosed · Seasonal
Posted Jun 09, 2026
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Corporate, Finance Intern
Trisura Guarantee Insurance Company
📍 Toronto, ON
Assist asset research, portfolio decisions, and trading support
Internship · Fall 2026 term · $60k-$80k/yr · Fall 2026 term
Posted Jun 08, 2026
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Corporate, Finance Intern
Trisura
📍 Toronto, Ontario
Assist asset allocation, trading, and portfolio reporting
Internship · Fall 2026 · $60k-$80k/year · Fall 2026 term
Posted Jun 08, 2026
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Mid-Market Investment Banking Analyst Co-op
CIBC
📍 Toronto, Ontario
Assist in M&A modeling and deal prep
Co-op · 4 months · not disclosed · Sep 2026–Dec 2026
Posted Jun 04, 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.