Calgary IB

I am a woman of color at a top BB (GS/MS) in New York and considering moving back to Calgary to live with my fiancé 

I have heard mixed things about IB culture in Calgary and need your input as I don’t want to be at a shop that discriminates 

Which IB team is least supportive of PoC?

CIBC
8% (9 votes)
BMO
12% (13 votes)
TD
18% (19 votes)
Scotia
11% (12 votes)
National
14% (15 votes)
RBC
36% (39 votes)
Total votes: 107
63 Comments
 

Girl look up their teams on LinkedIn. Only a handful of seniors are PoC. National is best. 

 

Idk man I'm a male poc myself and just fit in fine, probably helps that I'm not a fob and grew up abroad with WASPs so it's just regular interactions for me. I think knowing all the subleties of jokes, knowing when something is implied, etc helps so having actual fluency of the language and having cultural contexts would help.

 

RBC appears to be first place with TD right behind and Scotia and National close in the race

 

RBC’s position in this survey is not factual. We do not discriminate based on race. 

For context, RBC Calgary currently has two leaders from minority backgrounds at the VP level or above. By comparison, both BMO and National have two while CIBC, Scotia and TD have none.

 
Most Helpful

Listen. 

You're taking a big step down career wise coming to Calgary from NYC. NYC is the world's IB capital, and many would kill to be in your position. If you know that and respect that then continue reading.

If you really love your fiance and he loves you, you need to sit down explain this to him. Not sure what he does for a living, but if he makes the switch to the US, how would it affect his career trajectory? I'll go on a hunch here, and say that he would go further in the USA, regardless of what he does. 

Communication is key, in everything. Seriously. In Calgary, IB is mostly relating to energy, is that something you want to specialize in? If you decide to go back, Houston/Dallas would be your best bet. 

You're at GS/MS, great BBs, you worked hard, again people would kill for this. I hear to many people complaining about hours, yes, some places are better, some are worse, but suck it up and deal with it. It's a norm in this industry and it pays dividends in more than just income down the line. 

Now, culture is key. I've tried breaking into the BBs in Calgary, it's tough. I don't care about diversity, I care about competence and character, but not everyone feels that way, and that's not how the world works sadly. Best of luck, keep us posted. Also "The things we do for love". 

"We're all going to make it"
 

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