How much does a banker earn in Toronto?

How much do bankers make in Toronto?

Banker in Toronto, ON Area Salaries

Job Title Location Salary
BMO Financial Group Personal Banker salaries – 70 salaries reported Toronto, ON Area $51,548/yr
HSBC Premium Banker salaries – 36 salaries reported Toronto, ON Area $44,384/yr
TD Bank Teller salaries – 35 salaries reported Toronto, ON Area $17/hr

Is banker a good job in Canada?

The banking and finance sector in Canada is one of the safest and most stable sectors in the world. … Job opportunities in the Canadian banking and financial sector are much secured.

Do bankers make a lot of money?

On a per hour basis, investment bankers are not paid nearly as well. With most analysts and associates working over 100 hours per week, their hourly wages can range anywhere between $25-$35 per hour. That’s not bad, but it doesn’t sound as good as $100,000 a year did.

How much do investment bankers in Toronto make?

The highest salary for an Investment Banking Associate in Toronto, ON Area is $154,345 per year. The lowest salary for an Investment Banking Associate in Toronto, ON Area is $79,390 per year.

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What is highest paid job in Canada?

Highest paying jobs in Canada

  • Surgeons/doctors. Topping the list, surgeons and doctors earn on average between $236K and $676K per year. …
  • Lawyers. The average salary for a lawyer hovers around $302K (with location and area of practice having a strong influence on income). …
  • Judges. …
  • Chief Marketing Officers (CMO), 5.

What are the highest paying jobs in Toronto?

If you want to hold the highest-paid position in Toronto, you’ll need to pursue a career as a surgeon.

Listed below are the top 20 highest paying options worth considering:

  1. Surgeon.
  2. Orthodontist. …
  3. Medical Director. …
  4. Marketing Director. …
  5. Legal Director. …
  6. Psychotherapist. …
  7. Software Architect. …

Which bank job pays highest?

The highest paying jobs in retail banking usually belong to loan officers and major corporate executives, such as the chief financial officer (CFO) and chief risk officer (CRO).

Which Canadian bank pays highest salary?

According to our data, the highest paying job at Royal Bank of Canada is a Counsel at $175,000 annually while the lowest paying job at Royal Bank of Canada is a Bank Teller at $25,000 annually.

How much are bankers paid in Canada?

The average banking salary in Canada is $41,583 per year or $21.32 per hour. Entry-level positions start at $33,335 per year, while most experienced workers make up to $100,000 per year.

Do banking jobs pay well?

If you want a high-paying career, consider choosing from a range of finance jobs in the banking industry. Although the field can be a bit stressful, you’ll typically be well compensated. … Keep in mind, however, that the highest paying banks will likely exceed the salaries listed.

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What jobs make half a million a year?

Here are 14 jobs that often have lucrative advancement opportunities, which can help make you a millionaire when you plan ahead and are successful in your career.

  • Professional athlete. …
  • Investment banker. …
  • Entrepreneur. …
  • Lawyer. …
  • Certified public accountant. …
  • Insurance agent. …
  • Engineer. …
  • Real estate agent.

Why do bankers get paid so much?

Hintz says banking pay is high because banking jobs don’t last long: “The average lifespan of a managing director is five years.” Given a short career lifespan the business has evolved to provide high compensation, adds Hintz: “If you want security get a job at the post office.”