I have ~4 years of experience as a commercial account manager working for a large bank in my home country before migrating to Canada. I am currently working as a credit analyst (commercial clients, upto $30mn in lending size) in a mid size Bank in Toronto.
I want to eventually work as a commercial/corporate account manager and hopefully grow in that role.
I am looking at my options and can't see anything beyond the Big5 banks.... Contd in comments
RBC and TD are the biggest commercial banks in Canada. I believe RBC pays the best. There isn’t anything beyond them for a career in commercial banking, corporate banking however I believe there are many more options as American banks have offices here servicing Canadian clients.
....Am I correct in assuming that Big5 is the place to be if you want grow urself in a commercial banking setup?
Also, which of the big 5 banks is the best pay master?
I have heard RBC is the best of the Big 5. Obviously pay will will from the role and designation, etc.
I wanted to know, in general, which is the best paying bank from Big 5 for commercial banking.
Also, a more broader question, if I want to grow as a commercial banker, which is the best bank/FI in Canada (more specifically GTA) for compensation and overall work-life balance.
P.S. I consider 50-55 Hrs/week standard stuff.
Hey,
Thanks for your reply. Judging from your description, it seems you work as a Sr RM so you may have a fair idea.
-How is RBC as a place to work? If the WLB equally good as in TD?
-I understand pay would be in a range.
If you know what is the upper and lower end of the pay range, that would be great.
Trying to judge if I want to stay in Commercial Banking or switch to something in Tech.
Thanks