“A bank is a place that will lend you money if you can prove that you don’t need it”
Getting a banking job at an entry level or senior position is highly desirable for many professional people and highly- skilled immigrants. A bank job is stable, exciting and offers great career prospects.
Where and how can you find a banking job in Canada? We have specially compiled a list of over 50,000 banking jobs from various financial institutions in Canada. Use this guide to find out how you can get your ideal bank job.
Where to find a bank job
- Top 100 preselected banking jobs: Top 100 +
- 40,500 professional banking jobs in Canada: LinkedIn collection
- Vice President banking positions: 64 VP bank positions
- Special bank job vacancies with salaries (350): Canada Job Bank
- Getting a job at Scotiabank: 2140 Scotia jobs
- Getting a job at RBC: RBC careers
- TD Bank jobs: TD postings
- BMO bank jobs: BMO job vacancies
- Getting a job at CIBC Bank: 1727 jobs
- Top 300 Vice President business banking positions: VP business banking
- Entry level bank jobs: Indeed apply
Top 7 tips on how to get a banking job in Canada
Once you have identified the bank position that fits you, follow these tips on how to get a job in a bank:
1.Learn the banking lingo
If you are interested in a career in banking and finance, you need to have a basic understanding of financial lingo. You don’t have to have an MBA or fancy degree, but you should consider learning financial terms and concepts by browsing financial sites and reading business publications.
Not knowing the financial language may make it almost impossible to pass the preliminary interview stage for a non-finance graduate. An interviewer will generally assume that an applicant for a finance position is knowledgeable about finance, regardless of his or her educational background.
- Round off your education
What if you graduated with a degree in a subject other than finance? You can always redress the situation by taking relevant courses with an emphasis on finance or business at the undergraduate or post-graduate level.
- Expand your knowledge base
Relevant knowledge is not obtained only through a college degree. There are plenty of resources available, either through your local library or online, to deepen your financial knowledge. These resources may be free or available on a paid basis from course providers.
Being self-taught in a difficult field like finance demonstrates a number of desirable attributes to an employer, such as initiative, passion, and drive. Seek and you will find.
- Take banking licencing courses
Completing a relevant industry licensing course, such as that offered by the Canadian Securities Institute, not only demonstrates your commitment to a career in finance but also gives you an edge on the competition in terms of job readiness.
- Start a financial blog
Starting and maintaining a financial blog is a great way to communicate your investment ideas to the world. It is an opportunity to convey to a potential employer a favorable impression of your diverse skill set, including financial acumen, communication skills, and technological dexterity. This mode of self-marketing is most suitable for those who already possess a measure of these skills.
- Link up with a mentor
Linking up with a mentor is another way of jump-starting a financial career. A mentor can be anyone in a position of influence who thinks highly of your capabilities and is willing to help you achieve your goals. Don’t hesitate to approach a contact whom you think could help you in your job search.
- Get your foot in the door and be ready to start low
Do everything you can to get your foot in the door of a financial institution. Scoring an entry-level position with a bank, even in a non-finance role, may open doors to other career paths in finance down the line.
A good example is Kunle Tauhid, an immigrant from Nigeria and previously a top bank manager. After years of trying to get into a bank without success, he decided to take on an entry level position in RBC. He rose quickly through the ranks and today he is the Vice President of Business Development Bank of Canada (BDC).