Banking Jobs in Canada!
Earn your high school diploma before you begin applying for bank jobs.
Most Canadian banking positions require a minimum of a high school diploma for entry-level work. This includes positions like a drive-through clerk or a teller.
Become a Canadian citizen to legally work in Canada.
You must meet certain legal obligations before being allowed to work in Canada. If you prefer not to become a citizen, you can become a permanent resident instead. Or apply for a temporary work permit, which allows you to work in Canada as a foreign citizen.
- If you’re planning to permanently relocate to Canada before becoming a citizen, apply for a Canadian visa. A Temporary Resident Visa will allow you to live and work in Canada for an extended period of time. This document can also make it easier for you to become a full citizen of Canada.
Pass a securities course if you plan to become an investment banker.
In Canada, there are a number of securities courses you can take. Once you’ve passed the course, you’ll be eligible to work as an investment banker. The primary securities course is the CSI’s Global Education’s Canadian Securities Course (CSC). You can also take a securities course offered by the Institute of Canadian Bankers.
- Securities courses will familiarize you with Canadian financial services. They will also give you in-depth knowledge about banking-industry practices like assessing company performance and understanding industry standards. You can choose between courses that let you specialize in areas including investment management and financial planning.
Earn a BA in a finance-related field to make yourself hirable.
Investment banks like to hire young people with Bachelor’s degrees in fields that directly prepare them for working in a banking environment. While a generic business degree may suffice, you’ll be a more competitive candidate if you earn a degree directly related to banking. These fields include:
- Finance
- Business Administration
- Economics
- Accounting
Apply for a banking internship before you graduate college.
If you are currently a college student, look into opportunities for a position within a bank through an internship or work co-op. Internships and work co-ops often lead to full-time job offers once you graduate school. Contact your college career academic adviser if you are currently a student to help you in making arrangements for an internship within a bank in Canada.
- Many Canadian banks offer summer programs as well as scholarships for college students seeking to gain valuable skills and acquire some knowledge in the banking industry while still in school.
- Most colleges and universities get actively involved in placing students within internships, setting up appointments, and arranging interviews.
Earn a Master’s in Finance for a career as an investment banker.
A Master’s in Finance is a 2- or 3-year graduate program that prepares you to work in a financial field or institution. Through your graduate courses, you’ll be able to find out about banking internships and jobs. This is a great way to get your foot in the door of a bank.
- In general, a Master’s in Finance will make you a better-qualified candidate for all types of banking jobs. If you’re considering going back to school and want to work in banking, a MF is the way to go.