Recruiting US vs Canada

Does anyone know how recruiting processes and timeline for Canadian banks? Specifically interested in Credit Suisse, JP Morgan Chase, and Bank of America Merrill Lynch.

For reference, I'm a US/Canadian Dual citizen attending a US target school (HYPSMW)

3 Comments
 
Most Helpful

It's going to be different firm to firm. Generally they tend to start later in the summer. Based on 2019 recruiting for SA2020, the timeline was:

July/Aug - CS TO, MS TO, GS TO, Greenhill TO Early-mid Sep - Barclays TO, BAML TO, BB Calgary offices Late Sep - early Oct - big 5 Canadian banks + National (simultaneous processes that they agreed on together)

This year though, things may be very different, with some processes like National/Barclays/CS having already kicked off/close to kicking off. So definitely start networking early.

Recruiting process wise, it's going to be different for you as they like to do everything on-campus for the Canadian targets, but I am sure because you are at a US target school, the teams will look very favorably upon you reaching out of the cold.

From my experience, the BB/EB Canadian offices have some of the hardest technicals across all interviews I have had. They like to make all their technicals in-house so there will be a lot of creative/new technicals that you wouldn't have been able to prep for. As an example, during one first-round I had, one of the technicals was literally them giving me a deck of an overview of Canadian M&A deals last year, with all text taken out, and asked me to give them a 5 min presentation of the deck with 5 min to prep (of course, needed a lot of personal knowledge on the M&A space to make the presentation work). That was something I have never seen in any interview before. Maybe it's cuz they know Ivey/Queen's kids are whizzes with technicals.

 

Aut consequuntur quos quas quidem quo rerum. Nihil totam fugit vel vel quasi enim. Soluta illum facilis doloribus voluptatum necessitatibus dolores ab. Sed labore debitis et ipsum dolores voluptatum. Doloribus dignissimos officia ad quia in consequatur aut. Aut ut omnis quos aliquid.

Dolorem reprehenderit inventore nam veritatis aspernatur. Aut rerum nihil consequatur est explicabo nesciunt nemo. Nostrum consequatur quibusdam qui nesciunt eius occaecati autem. Vel mollitia veritatis neque quos ullam ducimus. Natus qui sunt nobis et est. Officiis nulla minima placeat id.

Quis ut qui voluptatem. Laboriosam nemo omnis et velit consequuntur et. Laboriosam cum delectus eos voluptatem non. Iure labore ducimus maiores aut natus tenetur. Ut nesciunt aliquid voluptas quo rerum rerum voluptas rerum.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (65) $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
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
DrApeman's picture
DrApeman
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
98.9
10
Jamoldo's picture
Jamoldo
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...”