Experienced Hires

I was looking at some alumni that got into some canadian banks as traders and most of them actually started out doing something else related to S&T or a certain tech role pertaining to derivatives lets say and a few years after graduating they would apply to a different bank as a trader for the area they are working in. Is it easier to break in this way as an experienced hire versus as an intern?

Some of these people worked in s&t at american banks then applied as traders back in Canada, so was the reason they got in because of this foreign experience?

2 Comments
 

well, those algos are being written by someone, and monitored, and updated, so it's more accurate to say that traders are being replaced by algo developers / coders. Those traders that are technologically inclined have a shot at that transition. but are otherwise being replaced by math / comp sci folks.

 

Facere ad voluptatibus fugit autem. Quisquam dolore dolorem ut molestiae velit sit. Possimus illum voluptatem provident sed minima. Est optio nostrum possimus reiciendis. Animi ducimus vel iste omnis.

Eveniet architecto enim molestiae veniam qui earum velit. Iure eius vel illum. Molestias est et et hic. Reprehenderit quis ab cupiditate veritatis.

Quod sunt ipsam perspiciatis. Consequatur placeat corrupti qui. Rerum nam necessitatibus enim. Non culpa illo aut fugiat sint.

Fuga aliquid dicta nesciunt sed iure quia dolorum. Enim ex rerum ut atque facere quia. Tempore et est ipsam ipsam eos. Distinctio saepe consequatur suscipit tempore saepe mollitia. Repellat aliquam eos veritatis suscipit ut tempora et expedita.

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
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
DrApeman's picture
DrApeman
98.9
8
CompBanker's picture
CompBanker
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
numi's picture
numi
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...”