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Analyst Or Economist

Job IDEE-D8-18-60-2B-C4
CompanyBank Of Canada
LocationVarious Locations (Hybrid)
Date Posted2023-09-13
Posted Until2023-10-01
Job TypeFull-time
Job CategoryMiscellaneous
Closing Date: Oct 1 2023
What you will do:
Prepare and deliver briefings in various areas of subject-matter expertise to senior management and Governing Council
Publish Staff working papers and contribute to the production of a wide range of Bank publications, including the flagship Monetary Policy Report or the Financial S

System Review
- Build and maintain state-of-the-art modelling and forecasting tools for analysis
-Conduct leading edge economic and financial research, leading towards journal publication, as well as projects relevant for the conduct of monetary policy
-Conduct policy analysis which helps foster a stable and efficient financial system, and well-functioning markets
-Analyze the federal government's borrowing strategy, the investment of Canada's foreign exchange reserves, or advise the Government on the measurement and control of market, credit, liquidity, and operational risks
-Oversee payment and securities clearing and settlement systems integral to the resilience of Canada's financial system to ensure risk is adequately controlled
-Monitor, analyze and interpret macroeconomic and financial developments and their implications for the Canadian and global economy to build intuitive narratives that shape policy recommendations. Support monetary policy implementation and financial stability
-Participate in the staff economic monitoring and projections for the Canadian and global economy using a range of models, turning the latest economic developments into concise reporting and policy advice

What you need to succeed
-You have experience and/or skills in initiating and undertaking in-depth research projects, analyzing complex economic and policy issues, providing insight, discovering alternative approaches, and generating innovative solutions as well as preparing analytical notes and briefing material for senior executives and leadership.
-You have strong communication skills to convey information and ideas clearly and convincingly to a variety of target audiences.
-You have the ability to work on multiple projects, and consequently to prioritize work effectively to ensure follow-through and project completion in a timely manner.
-You have strong empirical skills and in-depth knowledge of quantitative methods using time-series, cross-sectional and pooled data. You are proficient in statistical software and programming languages such as MATLAB, Stata, EViews, R, Julia, Python or VBA.
-You have strong interpersonal skills enabling you to work collaboratively and build relationships with internal and external partners (e.g., government and international agencies, other central banks, financial market participants and organizations, and outside academics) to share knowledge, research and analysis. You are also committed to continuous learning and self-development.
Education RequirementsFor your candidacy to be considered, you must have completed a master’s degree between 1 January 2021 and 31 December 2024 in one of the following areas of study:
Economics; Finance; Computer Science; Mathematics; Statistics; or Business Administration (MBA).
LanguagesEnglish or French essential
OtherThe accelerated progression stream is for economists and analysts (financial sector specialists) and is defined by four levels P1 to P4. The program where the employees acquire the skills over a number of years to reach the working level of a Senior Economist/Senior Analyst at the job grade 17.
-Salaries are based on qualifications and experience and typically range from $68,682 to $82,245 (job grade P1-P2).
-During the progression, you are not eligible for performance pay given that performance is rewarded via a faster rate of progression through the salary range.
Additional benefit information:
- Flexible and comprehensive benefits so you can choose the level of health, dental, disability and life and/or accident insurance coverage that meets your needs
-Extra vacation days (up to five each year) that you can purchase to add to your vacation entitlement
Indexed, defined-benefit pension plan
For more information on key benefits, please visit
Additional information
- Priority will be given to Canadian citizens and permanent residents
-Security level required: Be eligible to obtain Reliability or Secret
-Relocation assistance may be provided, if required
The Bank offers work arrangements that provide employees with flexibility, enable high-performing teams, and support an excellent workplace culture. Most employees can telework from home for a substantial part of each month as part of the Bank`s hybrid work model, and they are expected on site at the Bank location a minimum of eight days per month to help build connections between colleagues. You must live in Canada, and within reasonable commuting distance of the office.
How To ApplyClick "Apply Now"
All applicants must submit a completed online application including the following MANDATORY documents:
-Current curriculum vitae (CV)
-Cover letter (please tailor your cover letter to ensure you are describing why you are interested in working at the Bank, how this experience would help you further your aspirations, and how your course work and technical skills make you an exceptional candidate that we should select)
-Official transcripts of your undergraduate academic record and the highest level of studies previously completed, if applicable. Relevant courses you have attended must be clearly identified by their course titles
Positions will be filled throughout the year, based on operational needs. Note: If you applied to the 2022-2023 campaign (September 2022 or March 2023), we invite you to re-apply at this time.