Current experience - 4 years (big 5 banks) Currently interviewing with CIBC Canada for AML L7 role. Was told by recruiter that salary range is $76-78k with 12% annual bonus. Is this standard for Cibc ? Do I have any room for negotiations ? CIBC

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In my experience, L7 is $70-$75k as the entry band depending on department. I’d say you can push for $80-81k if being offered $76-$78k

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You can always try, but I haven’t heard much of the banks doing signing bonuses.

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$76k-$78k is the minimum for an entry-level. I suggest you negotiate for a higher salary. You can also use your 4yoe as leverage or other offers if you have any.

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It’s actually $70k as the level 7 entry band. But depending on team, can be $75k.

I say always negotiate. The worst they can say is no. And most of the time companies have room to move on salaries unless it is an internship.

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