Investment Banking Salaries in LatAm?

Hi monkeys,

For all the IB monkeys working in LatAm, and I don´t mean covering LatAm but actually working in LatAm, how much is the compensation, the bonuses and working hours in the BBs, EBs and local players? Furthermore, which BBs pay NY salaries here in LatAm, I know that BAML and CS do, but what about the others and the local big players such as Itau BBA and BTG Pactual, are their compensations competitive compared to BAML and CS in LatAm? I didn´t find much information regarding this on WSO.

Thanks in advance to all the WSO community for sharing!

 
Most Helpful

Y1 Analyst at BAML in Lima, Peru makes $105K base + $~30K bonus (M&A) Y3 Analyst at CS in Sao Paulo, Brazil makes $70K base + $50K bonus (StructProd) Y3 Analyst at CS in Lima, Peru makes $90K base + $105K bonus (IB) Y1 Analyst at DB in Buenos Aires, Argentina makes $90K base with no info on bonus (AM)

for comparison

Y1 Analyst at BTG in Rio, Brazil makes $30K base + $10K bonus (IB)

These come from the WSO database. If someone can verify that would be great. Additionally, search on Glassdoor etc for local banks too such as Banco Bradesco or BR Partners.

 

Iure consectetur dicta sunt ad. Sunt nostrum sapiente modi voluptas. Eos eaque consectetur qui tempore.

Voluptates quibusdam nesciunt iusto vitae. Molestiae ab esse esse ad. Excepturi a non necessitatibus odio sequi accusamus voluptatem. Odio repellendus ipsa excepturi aut expedita.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (145) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
CompBanker's picture
CompBanker
98.9
6
dosk17's picture
dosk17
98.9
7
kanon's picture
kanon
98.9
8
GameTheory's picture
GameTheory
98.9
9
bolo up's picture
bolo up
98.8
10
Linda Abraham's picture
Linda Abraham
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”