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FINANCE & BANKING / SALARY
Average Salary - Finance & Banking / Toronto TORONTO


SALARY SURVEYS

138

UPDATED
April 2024
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AVERAGE SALARY / YEAR MOST TYPICAL SALARY / YEAR
Gross income
Net (after tax)

1.32 CAD = 1 USD

109,452 CAD

$82,606 USD

62,274 CAD

$47,000 USD

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Average Salary / Finance & Banking / Toronto

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Average salary for Finance & Banking / Toronto is 109,452 CAD per year. The most typical earning is 62,274 CAD. All data are based on 138 salary surveys. Salaries are different between men and women. Men receive an average salary of 119,382 CAD. Women receive a salary of 95,532 CAD.

Based on education, the highest salaries receive people with Doctorate Degree with salary of 248,701 CAD. The second most paid education level is Masters Degree with salary of 117,792 CAD.

Different experiences affect earning as well. People with 20+ Years of experience receive salary of 178,741 CAD. Employees with 16-20 Years of experience receive 164,166 CAD.

Levels / Finance & Banking / Toronto (Gross CAD)

Salary Levels (CAD) per Year Surveys [%]
13,200 CAD - 19,899 CAD
0 n/a
19,900 CAD - 26,499 CAD
0 n/a
26,500 CAD - 33,099 CAD
1 100%
0.72%
33,100 CAD - 39,699 CAD
2 99.28%
1.45%
39,700 CAD - 46,399 CAD
5 97.83%
3.62%
46,400 CAD - 52,999 CAD
8 94.2%
5.8%
53,000 CAD - 59,599 CAD
6 88.41%
4.35%
THE MOST TYPICAL SALARY
59,600 CAD - 66,199 CAD
14 84.06%
10.14%
66,200 CAD - 72,899 CAD
10 73.91%
7.25%
72,900 CAD - 79,499 CAD
8 66.67%
5.8%
79,500 CAD - 86,099 CAD
14 60.87%
10.14%
86,100 CAD - 92,699 CAD
8 50.72%
5.8%
92,700 CAD - 99,399 CAD
10 44.93%
7.25%
99,400 CAD - 105,999 CAD
3 37.68%
2.17%
106,000 CAD - 112,599 CAD
8 35.51%
5.8%
112,600 CAD - 119,199 CAD
4 29.71%
2.9%
119,200 CAD - 125,899 CAD
5 26.81%
3.62%
125,900 CAD - 132,499 CAD
3 23.19%
2.17%
132,500 CAD - 139,099 CAD
3 21.01%
2.17%
139,100 CAD - 145,699 CAD
1 18.84%
0.72%
145,700 CAD - 152,399 CAD
3 18.12%
2.17%
152,400 CAD - 158,999 CAD
1 15.94%
0.72%
159,000 CAD - 165,599 CAD
2 15.22%
1.45%
165,600 CAD - 172,199 CAD
2 13.77%
1.45%
172,200 CAD - 178,899 CAD
0 n/a
178,900 CAD - 185,499 CAD
1 12.32%
0.72%
185,500 CAD - 192,099 CAD
0 n/a
192,100 CAD - 198,699 CAD
0 n/a
HIGH SALARIES
198,700 CAD - 211,999 CAD
2 11.59%
1.45%
212,000 CAD - 225,199 CAD
2 10.14%
1.45%
225,200 CAD - 238,499 CAD
2 8.7%
1.45%
238,500 CAD - 251,699 CAD
0 n/a
251,700 CAD - 264,999 CAD
2 7.25%
1.45%
265,000 CAD - 278,199 CAD
1 5.8%
0.72%
278,200 CAD - 291,499 CAD
2 5.07%
1.45%
291,500 CAD - 304,699 CAD
2 3.62%
1.45%
304,700 CAD - 317,999 CAD
0 n/a
318,000 CAD - 331,199 CAD
0 n/a
331,200 CAD - 463,699 CAD
3 2.17%
2.17%
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Gender / Finance & Banking / Toronto (Gross CAD)

# Surveys AVERAGE SALARY / YEAR
1 Men 59 119,382 CAD
2 Women 39 95,532 CAD

Education / Finance & Banking / Toronto (Gross CAD)

# Surveys AVERAGE SALARY / YEAR
1 Doctorate Degree 4 248,701 CAD
2 Masters Degree 45 117,792 CAD
3 Bachelors Degree 64 105,469 CAD
4 Some College 22 84,269 CAD
5 High School 3 69,032 CAD

Experience / Finance & Banking / Toronto (Gross CAD)

# Surveys AVERAGE SALARY / YEAR
1 20+ Years 14 178,741 CAD
2 16-20 Years 5 164,166 CAD
3 12-16 Years 17 157,939 CAD
4 8-12 Years 16 113,022 CAD
5 4-8 Years 24 94,339 CAD
6 2-4 Years 23 88,112 CAD
7 1-2 Years 13 87,714 CAD
8 0-1 Year 26 71,549 CAD

Age / Finance & Banking / Toronto (Gross CAD)

# Surveys AVERAGE SALARY / YEAR
1 41-45 8 150,784 CAD
2 51-55 3 150,519 CAD
3 36-40 19 144,954 CAD
4 46-50 11 142,701 CAD
5 56-60 3 125,609 CAD
6 n/a 40 108,384 CAD
7 61-65 1 108,384 CAD
8 31-35 14 95,929 CAD
9 26-30 26 76,849 CAD
10 21-25 13 73,934 CAD

Work Type / Finance & Banking / Toronto (Gross CAD)

# Surveys AVERAGE SALARY / YEAR
1 Self Employed 5 133,824 CAD
2 Permanent 128 109,577 CAD
3 Contract 3 103,482 CAD
4 Part Time 2 49,157 CAD

Careers / Finance & Banking / Toronto (Gross CAD)

# Surveys AVERAGE SALARY / YEAR
1 Hedge Fund Manager 1 437,778 CAD
2 Tax Manager 1 232,669 CAD
3 Investment Manager 1 212,661 CAD
4 Fund Manager 3 207,494 CAD
5 Stock Broker 2 175,959 CAD
6 Chartered Financial Analyst 5 172,514 CAD
7 Economy Technician 1 169,466 CAD
8 Financial Accountant 4 155,686 CAD
9 Risk Manager 12 133,691 CAD
10 Bank Manager 8 122,562 CAD
11 Financial Coordinator 3 117,924 CAD
12 Finance Manager 10 117,262 CAD
13 Other Finance Career 22 103,747 CAD
14 Mortgage Broker 2 93,147 CAD
15 Risk Analyst 6 89,172 CAD
16 MBA 4 88,244 CAD
17 Financial Adviser 16 87,449 CAD
18 Banks 8 76,717 CAD
19 Financial Analyst 23 75,922 CAD
20 Mortgage Underwriter 2 72,079 CAD
21 Bank Cashier 2 63,334 CAD
22 Mortgage Adviser 1 53,662 CAD
23 Bank Cashier Lead 1 40,279 CAD

People's individual salary examples (surveys)

Analyst
Posted 09 September 2022
City Education Experience Knowledge Gross salary / year
Toronto Masters Degree 2-4 Years Intermediate 92,700 CAD

Financial Advisor
Posted 25 July 2022
City Education Experience Knowledge Gross salary / year
Toronto Some College 0-1 Year Basic 67,100 CAD

Audit Manager
Posted 21 July 2022
City Education Experience Knowledge Gross salary / year
Toronto Bachelors Degree 8-12 Years Advanced 132,100 CAD

Accounts Payable Analyst
Posted 20 July 2022
City Education Experience Knowledge Gross salary / year
Toronto Some College 4-8 Years Advanced 63,500 CAD

Equity Research
Posted 19 July 2022
City Education Experience Knowledge Gross salary / year
Toronto Bachelors Degree 0-1 Year Advanced 86,400 CAD

Investment Operations
Posted 17 July 2022
City Education Experience Knowledge Gross salary / year
Toronto Bachelors Degree 2-4 Years Intermediate 62,000 CAD

Associate Financial Advisor
Posted 16 June 2022
City Education Experience Knowledge Gross salary / year
Toronto Some College 1-2 Years Intermediate 65,700 CAD

Cash Management Manager
Posted 15 June 2022
City Education Experience Knowledge Gross salary / year
Toronto Bachelors Degree 2-4 Years Advanced 109,600 CAD

Manager Aml Model Risk
Posted 14 June 2022
City Education Experience Knowledge Gross salary / year
Toronto Masters Degree 1-2 Years Advanced 125,200 CAD

Managing Director
Posted 25 May 2022
City Education Experience Knowledge Gross salary / year
Toronto Masters Degree 16-20 Years Expert 253,000 CAD

Self Employed
Posted 25 March 2022
City Education Experience Knowledge Gross salary / year
Toronto Bachelors Degree 2-4 Years Advanced 52,000 CAD

Financial Analyst
Posted 21 March 2022
City Education Experience Knowledge Gross salary / year
Toronto Masters Degree 12-16 Years Expert 124,900 CAD

Research Analyst
Posted 19 March 2022
City Education Experience Knowledge Gross salary / year
Toronto Masters Degree 1-2 Years Advanced 85,300 CAD

Banker
Posted 19 March 2022
City Education Experience Knowledge Gross salary / year
Toronto Bachelors Degree 4-8 Years Intermediate 93,700 CAD

Chief Risk Officer
Posted 19 March 2022
City Education Experience Knowledge Gross salary / year
Toronto Bachelors Degree 16-20 Years Advanced 260,100 CAD

Senior Financial Analyst
Posted 12 March 2022
City Education Experience Knowledge Gross salary / year
Toronto Masters Degree 2-4 Years Intermediate 109,300 CAD

Investor
Posted 15 February 2022
City Education Experience Knowledge Gross salary / year
Toronto Masters Degree 4-8 Years Advanced 289,700 CAD

Tax Accountant
Posted 10 January 2022
City Education Experience Knowledge Gross salary / year
Toronto Some College 12-16 Years Intermediate 108,300 CAD

Trader
Posted 29 December 2021
City Education Experience Knowledge Gross salary / year
Toronto Masters Degree 0-1 Year Advanced 291,500 CAD

Senior Financial Analyst
Posted 26 November 2021
City Education Experience Knowledge Gross salary / year
Toronto Bachelors Degree 2-4 Years Intermediate 83,000 CAD

Manager
Posted 15 November 2021
City Education Experience Knowledge Gross salary / year
Toronto Bachelors Degree 4-8 Years Advanced 92,400 CAD

Business Analyst
Posted 15 October 2021
City Education Experience Knowledge Gross salary / year
Toronto Bachelors Degree 0-1 Year Intermediate 86,100 CAD

Product Manager
Posted 13 October 2021
City Education Experience Knowledge Gross salary / year
Toronto Masters Degree 12-16 Years Advanced 125,000 CAD

Product Manager
Posted 30 August 2021
City Education Experience Knowledge Gross salary / year
Toronto Masters Degree 8-12 Years Advanced 126,000 CAD

Analyst
Posted 03 September 2020
City Education Experience Knowledge Gross salary / year
Toronto Bachelors Degree 2-4 Years n/a 54,800 CAD

Commercial Credit Policy
Posted 26 March 2020
City Education Experience Knowledge Gross salary / year
Toronto Bachelors Degree 12-16 Years n/a 134,600 CAD

Anti Money Laundering
Posted 06 July 2019
City Education Experience Knowledge Gross salary / year
Toronto Bachelors Degree 4-8 Years n/a 85,200 CAD

Financial Planner
Posted 14 March 2019
City Education Experience Knowledge Gross salary / year
Toronto Bachelors Degree 4-8 Years n/a 65,200 CAD

Financial Accountant
Posted 11 March 2019
City Education Experience Knowledge Gross salary / year
Toronto Bachelors Degree 2-4 Years n/a 63,200 CAD

Sr. Analyst, Performance Management
Posted 01 March 2019
City Education Experience Knowledge Gross salary / year
Toronto Bachelors Degree 2-4 Years n/a 65,200 CAD

Contract Manager
Posted 28 January 2019
City Education Experience Knowledge Gross salary / year
Toronto Bachelors Degree 16-20 Years n/a 120,300 CAD

Engineer
Posted 18 December 2018
City Education Experience Knowledge Gross salary / year
Toronto Bachelors Degree 20+ Years n/a 169,500 CAD

Document And Regulatory Control
Posted 17 December 2018
City Education Experience Knowledge Gross salary / year
Toronto Masters Degree 4-8 Years n/a 63,600 CAD

Banking Advisor
Posted 09 November 2018
City Education Experience Knowledge Gross salary / year
Toronto Some College 20+ Years n/a 51,500 CAD

Investment Banking
Posted 02 November 2018
City Education Experience Knowledge Gross salary / year
Toronto Masters Degree 4-8 Years n/a 84,800 CAD

Financial Service Representative
Posted 19 October 2018
City Education Experience Knowledge Gross salary / year
Toronto Masters Degree 12-16 Years n/a 42,400 CAD

Analyst
Posted 09 October 2018
City Education Experience Knowledge Gross salary / year
Toronto Masters Degree 2-4 Years n/a 95,400 CAD

Senior Manager
Posted 15 September 2018
City Education Experience Knowledge Gross salary / year
Toronto Masters Degree 8-12 Years n/a 116,600 CAD

Business Manager
Posted 12 September 2018
City Education Experience Knowledge Gross salary / year
Toronto Masters Degree 2-4 Years n/a 80,500 CAD

Chief Operating Officer
Posted 31 August 2018
City Education Experience Knowledge Gross salary / year
Toronto Masters Degree 8-12 Years n/a 211,900 CAD

Account Manager Business Banking
Posted 30 July 2018
City Education Experience Knowledge Gross salary / year
Toronto Masters Degree 8-12 Years n/a 76,300 CAD

Solution Analyst
Posted 14 July 2018
City Education Experience Knowledge Gross salary / year
Toronto Masters Degree 8-12 Years n/a 96,400 CAD

Complaince Officer
Posted 03 January 2018
City Education Experience Knowledge Gross salary / year
Toronto Bachelors Degree 4-8 Years n/a 74,200 CAD

Rotational Program Analyst
Posted 14 December 2017
City Education Experience Knowledge Gross salary / year
Toronto Bachelors Degree 0-1 Year n/a 60,800 CAD

Senior Financial Analyst
Posted 15 November 2017
City Education Experience Knowledge Gross salary / year
Toronto Bachelors Degree 8-12 Years n/a 72,900 CAD

Fund Manager
Posted 10 November 2017
City Education Experience Knowledge Gross salary / year
Toronto Bachelors Degree 20+ Years n/a 182,300 CAD

Commercial Banker
Posted 28 October 2017
City Education Experience Knowledge Gross salary / year
Toronto Bachelors Degree 4-8 Years n/a 81,000 CAD

Portfolio Manager
Posted 24 October 2017
City Education Experience Knowledge Gross salary / year
Toronto Masters Degree 4-8 Years n/a 212,700 CAD

Advisor
Posted 08 September 2017
City Education Experience Knowledge Gross salary / year
Toronto Some College 20+ Years n/a 101,300 CAD

Data Analyst
Posted 05 August 2017
City Education Experience Knowledge Gross salary / year
Toronto Masters Degree 1-2 Years n/a 81,500 CAD


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