Women in Capital Markets Relaunches Return to Bay Street Program to Support Women Re-Entering the Finance Industry
Women in Capital Markets (WCM) is proud to announce that the 2021 Return to Bay Street (RTBS) program is accepting applications. Since 2010, this renowned returnship program has relaunched the careers of 73 women in Canadian finance. The program is designed for experienced women who have previously held mid-level and senior positions in capital markets, have taken time away from their careers in finance, and are now interested in returning.
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Successful RTBS applicants each receive a paid work contract at an RTBS partner institution, an education grant, mentorship, and a one-year WCM Membership. By facilitating this program, WCM and its RTBS partners — BMO Capital Markets, CIBC, Mackenzie Investments, Manulife, Ontario Teachers’ Pension Plan, RBC Capital Markets, Scotiabank Global Banking and Markets, and TD Securities—are proactively accelerating women’s representation in the capital markets industry.
The 2021 WCM RTBS Co-Chairs commented that; “The WCM RTBS Program has proven to be an incredibly successful initiative for high-calibre professional women keen to relaunch their careers on Bay Street, continuing their career development and advancement to progressively senior positions, while broadening equity, diversity and inclusion in the industry. Personally, as a WCM RTBS recipient in 2012, I can attest to the program’s effectiveness and appreciate the continued commitment from WCM and all sponsors,” said Mary Ann Mendes, Managing Director & Head, Client Management, BMO Capital Markets and Co-Chair of the RTBS Working Group.
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Daniel Dorenbush Managing Director and Head of Canadian Prime Services at Scotiabank, Co-Chair of the RTBS Working Group added, “The Return to Bay Street Program provides critical support to the experienced and talented women who paused their careers and are ready to step back into the workforce. At Scotiabank, we have seen firsthand the positive impact this program has had on the industry and we are pleased to be among the many organizations bringing more women back into the capital markets business.”
Launched in 2010 by WCM and founding sponsor BMO Capital Markets—through funding from their Equity Through Education program—WCM’s RTBS program recognizes and values the talent and experience of women at every stage of their careers, recruiting mid to senior-level professionals back into the industry after an extended absence.
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