FinanceGovernment / OECD · 96/1006–10 years

Senior Investment Banker Salary in Toronto

2026 · Senior-level professionals in the top quarter of the market.

$197,648/yr

Typical range: $239,758 $317,130

P75 · BLS OEWS employer payroll data

Investment Banker Salary Progression in Toronto

From entry-level through staff — based on BLS OEWS percentile data

Experience LevelYearsPercentileAnnual SalaryMonthlyvs Entry
Entry0 yrs0 yrs$109,023$9,085
Junior2 yrs2 yrs$140,674$11,723+29%
Mid-Level4 yrs4 yrs$164,120$13,677+51%
SeniorThis page6 yrs6 yrs$197,648$16,471+81%
Staff10 yrs10 yrs$284,866$23,739+161%
Principal14 yrs14 yrs$387,558$32,297+255%
Distinguished18 yrs18 yrs$413,231$34,436+279%
Current Salary
$197,648
Senior · 6–10 years
Hourly: $95/hr
Next Level Target
$284,866
Staff · 10
+$87Kpotential uplift
Career Opportunity
40/100
Below Average
+8% demand · Low AI risk

Frequently Asked Questions

What is the senior Investment Banker salary in Toronto, Canada?

Senior Investment Bankers in Toronto, Canada earn approximately $198K per year (2026). This corresponds to the P75 range of BLS OEWS employer payroll data.

How much does a senior Investment Banker make per hour in Toronto, Canada?

Based on $198K annually, the hourly rate is approximately $95/hr (2,080-hour work year).

How do I get from senior to senior Investment Banker in Toronto, Canada?

The typical progression takes 2–4 years with consistent skill development, project leadership, and strategic job moves. A senior Investment Banker in Toronto, Canada earns $240K–$317K/yr.