Can you tell us a little more about your move to the States? TN Visa? CB is in a grey zone for TN eligibility? Company sponsored? Please walk me through it as it's a long term goal.

 
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I am on a 3-yr TN visa with firm stating they will try to convert to H1B visa after the renewal of my TN (aka during my 2nd 3-yr TN visa).

Most jobs are considered "grey zones" to be honest; however, most have their job description altered to match either "Consultant" or "Accountant" that I know of. I have heard of some under the "Economist" designation as well but I don't know much about that designation and its requirements. 

When you say sponsored it doesn't really work like that on a TN Visa. On an H1B sure; however, on a TN you can go apply at the border with the offer letter without the company specifically "sponsoring" you. 

 

Make sure you understand U.S. vs Canada, this is spot on.

Now you know why ppl think this country is going to sh*t?

 

No chance a VP in CB is only making $225k in CAD lol there are associates that hit this figure.

yes this is accurate and so are the asso numbers.

the associates that hit that figure in Canada are working at BBs at their satellite office. 

TD and BMO pays its CB associates 110 base while CIBC is 120 base, 30 - 40% bonus. 

I know an an associate from Big 5 that went to a BB in Canada for analyst, he took a base cut but his bonus as an analyst more than made up for it at 60%. he said its easier to climb from analyst to asso than it is as an asso to VP if all you care about is total comp and disregard the title. 

 

A bit off topic but what is the best way to prepare for corporate banking interviews technicals wise.

 

Look at common credit metrics (leverage, liquidity, coverage ratios) and understand the 5 C's. Understand the different products a bank offers (RCF, types of different loans) and make sure to explain how current macro environment affects lending conditions. A good understanding of different industries would also help in assessing which businesses are ideal / safer to lend to.

 

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