FINANCE & BANKING SALARY IN CANADA

Canada   Canada  • Change Location

Average gross salary for Finance & Banking GROSS SALARY
CA$ 85,679
Average gorss salary (USD) for Finance & Banking GROSS SALARY (USD)
US$ 78,654
Average net salary for Finance & Banking NET SALARY
CA$ 59,413
The most typical salary for Finance & Banking MOST TYPICAL GROSS
CA$ 52,339
  Updated: 26 Oct 2020   Diff. gross vs. net: 30%
  Salary entries: 261

Average salary for Finance & Banking in Canada is CA$ 85,679.

Average take home earning is CA$ 59,413 (Net).

The most typical salary is CA$ 52,339 (Gross).

If you are an employer this page can help you with the decision how much to pay employees.

The main purpose of the site is to help you increase your salary! If you want to increase your salary you need to investigate and find out how much other people with similar careers, experience, education, and knowledge can earn. Then set goals for better salary and strive to achieve it!

"What gets measured gets improved."
-Peter Drucker


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Percentage of people Earn this salary or more
5 % CA$ 259,428
11 % CA$ 151,666
27 % CA$ 101,722
52 % CA$ 72,068
91 % CA$ 43,381
98 % CA$ 33,338
100 % CA$ 23,524
Career Avg. gross salary (USD) Salary entries
Financial Adviser CA$ 79,027 US$ 74,299 38
Financial Analyst CA$ 61,507 US$ 55,847 32
Bank Manager CA$ 100,898 US$ 94,651 20
Finance Manager CA$ 94,294 US$ 86,384 17
Risk Analyst CA$ 73,632 US$ 66,811 17
Risk Manager CA$ 108,000 US$ 100,636 16
MBA CA$ 126,816 US$ 121,416 12
Mortgage Broker CA$ 67,750 US$ 68,507 08
Banks CA$ 50,452 US$ 44,345 08
Chartered Financial Analyst CA$ 104,428 US$ 98,787 07
City Avg. gross salary (USD) Salary entries
Toronto CA$ 88,114 US$ 81,075 111
Montreal CA$ 71,550 US$ 65,749 40
Vancouver, Canada CA$ 68,945 US$ 63,064 23
Calgary CA$ 109,190 US$ 104,012 20
Ottawa CA$ 109,937 US$ 105,110 12
Edmonton CA$ 82,143 US$ 67,293 12
Halifax CA$ 81,663 US$ 75,911 09
Hamilton, Canada CA$ 97,750 US$ 85,233 04
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  SALARY BY LEVEL   FINANCE & BANKING   CANADA

Canada •  Change Location

Salary levels Avg. gross salary (USD) Avg. gross salary   Salary entries
More US$ 246,580 CA$ 259,428
14
195K US$ 190,654 CA$ 190,000
01
205K US$ 177,250 CA$ 200,000
06
175K US$ 164,585 CA$ 172,500
02
155K US$ 141,998 CA$ 151,666
03
165K US$ 139,209 CA$ 161,666
03
185K US$ 137,574 CA$ 180,000
01
145K US$ 113,939 CA$ 142,500
02
135K US$ 110,531 CA$ 132,000
05
125K US$ 108,503 CA$ 122,500
06
115K US$ 105,082 CA$ 114,000
09
105K US$ 93,200 CA$ 101,722
18
95K US$ 84,423 CA$ 93,909
11
85K US$ 75,126 CA$ 81,864
26
75K US$ 66,684 CA$ 72,068
29
65K US$ 57,278 CA$ 62,862
31
55K US$ 49,035 CA$ 52,339
38
45K US$ 40,182 CA$ 43,381
33
35K US$ 30,964 CA$ 33,338
18
25K US$ 23,797 CA$ 23,524
05

  SALARY BY GENDER   FINANCE & BANKING   CANADA

Canada •  Change Location

Avg. gross salary (USD) Avg. gross salary   Salary entries
Men US$ 84,129 CA$ 96,061 105
Women US$ 66,819 CA$ 76,743 68
N/A US$ 81,266 CA$ 80,197 88

  SALARY BY EDUCATION   FINANCE & BANKING   CANADA

Canada •  Change Location

Avg. gross salary (USD) Avg. gross salary   Salary entries
Doctorate Degree US$ 167,624 CA$ 183,500 06
Masters Degree US$ 88,575 CA$ 96,661 67
Bachelors Degree US$ 75,892 CA$ 82,870 130
Some College US$ 60,945 CA$ 65,775 48
High School US$ 79,704 CA$ 85,470 10

Finance & Banking workers holding Doctorate Degree degrees enjoy the highest average gross salaries in Canada. With an earned Doctorate Degree, they grosses CA$ 183,500. While Finance & Banking workers with Some College education earn the least, with an average gross income of CA$ 65,775. This is 175.04% lower of what Doctorate Degree degree holders earn.


  SALARY BY EXPERIENCE   FINANCE & BANKING   CANADA

Canada •  Change Location

Avg. gross salary (USD) Avg. gross salary   Salary entries
20+ Years US$ 123,413 CA$ 132,627 38
16-20 Years US$ 115,954 CA$ 127,230 13
12-16 Years US$ 100,086 CA$ 110,396 26
8-12 Years US$ 79,734 CA$ 90,307 35
4-8 Years US$ 65,310 CA$ 72,306 46
2-4 Years US$ 60,438 CA$ 65,936 39
1-2 Years US$ 63,500 CA$ 66,980 27
0-1 Year US$ 50,345 CA$ 52,200 37

Finance & Banking workers in Canada with more years of work experience outperform their counterparts with less experience. Workers with 20+ Years of experience earn a gross average of CA$ 132,627 compared to CA$ 52,200 for their counterparts with 0-1 Year of experience. The difference between workers with 20+ Years of experience and 0-1 Year is 145.13%.


  SALARY BY AGE   FINANCE & BANKING   CANADA

Canada •  Change Location

Avg. gross salary (USD) Avg. gross salary   Salary entries
63-68 US$ 72,003 CA$ 100,000 01
57-62 US$ 88,759 CA$ 100,571 07
51-56 US$ 88,053 CA$ 102,222 09
45-50 US$ 95,579 CA$ 103,852 23
39-44 US$ 105,727 CA$ 118,609 26
33-38 US$ 73,499 CA$ 87,949 40
27-32 US$ 58,874 CA$ 69,799 37
22-26 US$ 61,717 CA$ 67,862 29
16-21 US$ 36,123 CA$ 40,000 01
N/A US$ 81,266 CA$ 80,197 88
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  SALARY BY CAREER   FINANCE & BANKING   CANADA

Canada •  Change Location

# Avg. gross salary (USD) Avg. gross salary   Salary entries
1. Fund Manager US$ 156,584 CA$ 178,333 03
2. Tax Manager US$ 145,707 CA$ 160,000 02
3. Economy Technician US$ 128,127 CA$ 160,000 01
4. Hedge Fund Manager US$ 152,892 CA$ 158,666 03
5. MBA US$ 121,416 CA$ 126,816 12
6. Investment Manager US$ 102,198 CA$ 117,500 06
7. Risk Manager US$ 100,636 CA$ 108,000 16
8. Chartered Financial Analyst US$ 98,787 CA$ 104,428 07
9. Financial Accountant US$ 95,490 CA$ 102,333 06
10. Bank Manager US$ 94,651 CA$ 100,898 20
11. Finance Manager US$ 86,384 CA$ 94,294 17
12. Other Finance Career US$ 70,906 CA$ 82,368 38
13. Economist US$ 73,426 CA$ 80,750 04
14. Financial Adviser US$ 74,299 CA$ 79,027 38
15. Financial Coordinator US$ 72,659 CA$ 79,000 05
16. Risk Analyst US$ 66,811 CA$ 73,632 17
17. Mortgage Adviser US$ 62,860 CA$ 70,000 06
18. Mortgage Broker US$ 68,507 CA$ 67,750 08
19. Financial Analyst US$ 55,847 CA$ 61,507 32
20. Mortgage Underwriter US$ 50,014 CA$ 54,000 03
21. Banks US$ 44,345 CA$ 50,452 08
22. Bank Cashier US$ 39,181 CA$ 40,333 06
23. Stock Broker US$ 40,537 CA$ 40,000 02
24. Bank Cashier Lead US$ 30,402 CA$ 30,000 01

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In Canada economy, Fund Manager is on the top list of highest earners, earning an average gross salary of CA$ 178,333. Hedge Fund Manager and Tax Manager follow, earning CA$ 158,666 and CA$ 160,000, respectively. Bank Cashier Lead earn a gross annual average of CA$ 30,000, while Bank Cashier earn CA$ 40,333. The gap between the lowest and the highest paid careers is 415.05%.


  SALARY BY JOB TYPE   FINANCE & BANKING   CANADA

Canada •  Change Location

Avg. gross salary (USD) Avg. gross salary   Salary entries
Permanent US$ 80,039 CA$ 86,521 233
Contract US$ 71,158 CA$ 83,297 13
Self Employed US$ 66,437 CA$ 78,400 10
Part Time US$ 58,002 CA$ 67,200 05
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  SALARY BY CITY   FINANCE & BANKING   CANADA

Canada •  Change Location

# Avg. gross salary (USD) Avg. gross salary   Salary entries
1. Ottawa Finance & Banking in Ottawa US$ 105,110 CA$ 109,937 12
2. Calgary Finance & Banking in Calgary US$ 104,012 CA$ 109,190 20
3. Windsor Finance & Banking in Windsor US$ 101,341 CA$ 100,000 02
4. Hamilton, Canada Finance & Banking in Hamilton, Canada US$ 85,233 CA$ 97,750 04
5. Winnipeg Finance & Banking in Winnipeg US$ 81,546 CA$ 95,500 04
6. London, Canada Finance & Banking in London, Canada US$ 78,756 CA$ 90,500 04
7. Toronto Finance & Banking in Toronto US$ 81,075 CA$ 88,114 111
8. Quebec City Finance & Banking in Quebec City US$ 72,851 CA$ 86,000 03
9. Edmonton Finance & Banking in Edmonton US$ 67,293 CA$ 82,143 12
10. Halifax Finance & Banking in Halifax US$ 75,911 CA$ 81,663 09

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  SALARY BY COUNTRY    FINANCE & BANKING

# Avg. gross salary (USD) Avg. gross salary   Salary entries
1. Australia Australia Finance & Banking in Australia US$ 96,359 AU$ 109,909 153
2. United Kingdom United Kingdom Finance & Banking in United Kingdom US$ 95,897 GBP 64,919 353
3. United States United States Finance & Banking US$ 93,188 US$ 93,188 963
4. Canada Canada US$ 78,654 CA$ 85,679 261
5. China China Finance & Banking in China US$ 56,088 CNY 358,953 114
6. Mexico Mexico Finance & Banking in Mexico US$ 49,100 MXN 825,681 34
7. Russia Russia Finance & Banking in Russia US$ 47,580 RUB 2,060,941 84
8. India India Finance & Banking in India US$ 24,493 INR 1,505,123 723

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(47/47)  ASSOCIATE WEALTH ADVISOR


 Posted: 26 Oct 2020

Bachelors Degree, 8-12 years: "Planning related duties client relationship face to face meeting."
Individual GROSS salary:
CA$ 130,000
US$ 98,826


(46/47)  ANALYST


 Posted: 03 Sep 2020

Bachelors Degree, 2-4 years: "Fund accounting."
Individual GROSS salary:
CA$ 55,000
US$ 41,811


(45/47)  FINANCIAL ANALYST


 Posted: 26 Jun 2020

Bachelors Degree, 0-1 year: "Financial Risk Manager Chartered Financial Analyst."
Individual GROSS salary:
CA$ 45,000
US$ 34,209


(44/47)  FINANCIAL ANALYST


 Posted: 25 Jun 2020

Bachelors Degree, 2-4 years: "FINANCE AND ACCOUNTING."
Individual GROSS salary:
CA$ 63,000
US$ 47,893


(43/47)  COMMERCIAL CREDIT POLICY


 Posted: 26 Mar 2020

Bachelors Degree, 12-16 years: "Lending, Policy, Credit, Risk Management, Sales, Negotiation, Stakeholder Management."
Individual GROSS salary:
CA$ 135,000
US$ 102,627


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(42/47)  CREDIT SPECIALIST


 Posted: 08 Feb 2020

Some College, 4-8 years: "I adjudicate unsecured lending."
Individual GROSS salary:
CA$ 51,500
US$ 39,150


(41/47)  SENIOR BUSINESS INTELLIGENCE ANALYST


 Posted: 16 Jan 2020

Some College, 12-16 years: "Data analysis risk modelling limit framework CBAP. FRM. CSM."
Individual GROSS salary:
CA$ 132,000
US$ 100,346


(40/47)  FINANCIAL ADVISER


 Posted: 23 Nov 2019

Some College, 20+ years: "Help people to be properly protected and out of debt before retirement."
Individual GROSS salary:
CA$ 60,000
US$ 48,048


(39/47)  TRADE FINANCE RISK MANAGER


 Posted: 16 Jul 2019

Bachelors Degree, 8-12 years: "Risk Management Trade finance."
Individual GROSS salary:
CA$ 60,000
US$ 48,048


(38/47)  ANTI MONEY LAUNDERING


 Posted: 06 Jul 2019

Bachelors Degree, 4-8 years: "Ensuring compliance of AML regulation."
Individual GROSS salary:
CA$ 85,000
US$ 68,068


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(37/47)  BUSINESS DEVELOPEMENT ADVISOR


 Posted: 26 Jun 2019

Bachelors Degree, 16-20 years: "Write content for the sales force."
Individual GROSS salary:
CA$ 85,000
US$ 68,068


(36/47)  SENIOR RISK ANALYST


 Posted: 20 Jun 2019

Masters Degree, 4-8 years: "Analysis of risk in multi client asset management firm."
Individual GROSS salary:
CA$ 80,000
US$ 64,064


(35/47)  CDD ANALYST


 Posted: 17 Jun 2019

Masters Degree, 8-12 years: "CDD / KYC Analyst."
Individual GROSS salary:
CA$ 48,750
US$ 39,039


(34/47)  BRANCH MANAGER


 Posted: 31 May 2019

High School, 12-16 years: "Manage a branch."
Individual GROSS salary:
CA$ 120,000
US$ 96,095


(33/47)  SALESMANAGER


 Posted: 18 May 2019

Bachelors Degree, 8-12 years: "Manage a team and solicit sales."
Individual GROSS salary:
CA$ 140,000
US$ 112,111


(32/47)  MANAGER


 Posted: 23 Apr 2019

Bachelors Degree, 8-12 years: "Provide equipment financing."
Individual GROSS salary:
CA$ 125,000
US$ 100,099


(31/47)  FINANCIAL PLANNER


 Posted: 14 Mar 2019

Bachelors Degree, 4-8 years: "Investment advisory, retirement planning, insurance sales, mutual funds sales."
Individual GROSS salary:
CA$ 65,000
US$ 52,052


(30/47)  FINANCIAL ACCOUNTANT


 Posted: 11 Mar 2019

Bachelors Degree, 2-4 years: "Month end close for 3-4 business units, 2 employees reporting."
Individual GROSS salary:
CA$ 63,000
US$ 50,450


(29/47)  SR. ANALYST, PERFORMANCE MANAGEMENT


 Posted: 01 Mar 2019

Bachelors Degree, 2-4 years: "Management of global performance management program for major global brand."
Individual GROSS salary:
CA$ 65,000
US$ 52,052


(28/47)  BUSINESS ANALYST


 Posted: 13 Feb 2019

Some College, 12-16 years: "Implement system upgrades."
Individual GROSS salary:
CA$ 59,000
US$ 47,247


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(27/47)  CONTRACT MANAGER


 Posted: 28 Jan 2019

Bachelors Degree, 16-20 years: "Review contracts."
Individual GROSS salary:
CA$ 120,000
US$ 96,095


(26/47)  TRADER


 Posted: 15 Jan 2019

Bachelors Degree, 2-4 years: "Trading based on ideas."
Individual GROSS salary:
CA$ 70,000
US$ 56,056


(25/47)  ENGINEER


 Posted: 18 Dec 2018

Bachelors Degree, 20+ years: "IT system development."
Individual GROSS salary:
CA$ 160,000
US$ 128,127


(24/47)  DOCUMENT AND REGULATORY CONTROL


 Posted: 17 Dec 2018

Masters Degree, 4-8 years: "Document and Regulatory Control."
Individual GROSS salary:
CA$ 60,000
US$ 48,048


(23/47)  FINANCIAL ADVISOR


 Posted: 25 Nov 2018

Bachelors Degree, 4-8 years: "Financial advisor provide advice."
Individual GROSS salary:
CA$ 100,000
US$ 80,079


(22/47)  BANKING ADVISOR


 Posted: 09 Nov 2018

Some College, 20+ years: "Loans/investing basic banking."
Individual GROSS salary:
CA$ 48,600
US$ 38,919


(21/47)  SENIOR MANAGER


 Posted: 15 Sep 2018

Masters Degree, 8-12 years: "Risk analysis, risk management, management reporting."
Individual GROSS salary:
CA$ 110,000
US$ 88,087


(20/47)  BUSINESS MANAGER


 Posted: 12 Sep 2018

Masters Degree, 2-4 years: "Data management."
Individual GROSS salary:
CA$ 76,000
US$ 60,860


(19/47)  CHIEF OPERATING OFFICER


 Posted: 31 Aug 2018

Masters Degree, 8-12 years: "Manage all operations related to organization."
Individual GROSS salary:
CA$ 200,000
US$ 160,159


(18/47)  ACCOUNT MANAGER BUSINESS BANKING


 Posted: 30 Jul 2018

Masters Degree, 8-12 years: "Business Banking Advisor."
Individual GROSS salary:
CA$ 72,000
US$ 57,657


(17/47)  CUSTOMER ADVISOR


 Posted: 24 Jul 2018

Bachelors Degree, 12-16 years: "CUSTOMER SERVICE CROSS SELL OF BANK PRODUCTS ACCOUNT OPENING."
Individual GROSS salary:
CA$ 33,600
US$ 26,907


(16/47)  SOLUTION ANALYST


 Posted: 14 Jul 2018

Masters Degree, 8-12 years: "Solution analyst in it banking."
Individual GROSS salary:
CA$ 91,000
US$ 72,872


(15/47)  ASSOCIATE


 Posted: 12 Jun 2018

Bachelors Degree, 4-8 years: "Corporate banking, covering commodity names for a foreign bank."
Individual GROSS salary:
CA$ 100,000
US$ 80,079


(14/47)  COMPLAINCE OFFICER


 Posted: 03 Jan 2018

Bachelors Degree, 4-8 years: "Sr COmpliance Officer for Private Banking."
Individual GROSS salary:
CA$ 70,000
US$ 56,056


(13/47)  ROTATIONAL PROGRAM ANALYST


 Posted: 14 Dec 2017

Bachelors Degree, 0-1 year: "Rotational program in quick service industry."
Individual GROSS salary:
CA$ 60,000
US$ 45,858


(12/47)  SENIOR FINANCIAL ANALYST


 Posted: 15 Nov 2017

Bachelors Degree, 8-12 years: "Variance analyses, budgeting/planning, forecasting."
Individual GROSS salary:
CA$ 72,000
US$ 55,029


(11/47)  FUND MANAGER


 Posted: 10 Nov 2017

Bachelors Degree, 20+ years: "Manage mutual funds portfolio on TSX."
Individual GROSS salary:
CA$ 180,000
US$ 137,574


(10/47)  COMMERCIAL BANKER


 Posted: 28 Oct 2017

Bachelors Degree, 4-8 years: "Commercial lender, commercial banking, business development."
Individual GROSS salary:
CA$ 80,000
US$ 61,144


(9/47)  PORTFOLIO MANAGER


 Posted: 24 Oct 2017

Masters Degree, 4-8 years: "Managing Private client wealth."
Individual GROSS salary:
CA$ 210,000
US$ 160,503


(8/47)  CREDIT ANALYST


 Posted: 13 Sep 2017

Bachelors Degree, 4-8 years: "FInancial analysis, credit analysis, relationship management."
Individual GROSS salary:
CA$ 40,000
US$ 30,572


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(7/47)  ADVISOR


 Posted: 08 Sep 2017

Some College, 20+ years: "Insurance and Investments and planning for retirement. Protecting assests."
Individual GROSS salary:
CA$ 100,000
US$ 76,430


(6/47)  HEAD OF CONTROLLING


 Posted: 06 Sep 2017

Bachelors Degree, 8-12 years: "Accounting and finance leader, internal controls, budgeting, forecasting."
Individual GROSS salary:
CA$ 98,000
US$ 74,901


(5/47)  FINANCE VALUATION MANAGER


 Posted: 28 Aug 2017

Masters Degree, 12-16 years: "Risk management and funding of business."
Individual GROSS salary:
CA$ 110,000
US$ 84,073


(4/47)  ANALYST


 Posted: 16 Aug 2017

Masters Degree, 8-12 years: "Corporate Analyst dealing with Corporate Clients."
Individual GROSS salary:
CA$ 109,000
US$ 83,308


(3/47)  ADVISOR


 Posted: 07 Aug 2017

Some College, 4-8 years: "Advise governments on economic policies."
Individual GROSS salary:
CA$ 50,000
US$ 38,215


(2/47)  DATA ANALYST


 Posted: 05 Aug 2017

Masters Degree, 1-2 years: "Analyze data using statistical, machine learning, and analytics techniques to solve complex problems."
Individual GROSS salary:
CA$ 80,500
US$ 61,526


(1/47)  FINANCIAL CONSULTANT


 Posted: 28 Jun 2017

Bachelors Degree, 4-8 years: "Murex financial consultant, risk and front office."
Individual GROSS salary:
CA$ 90,000
US$ 68,787


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