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Requisition Number:  11365
Position Type:  Permanent
Position Length:  Indeterminate
Location: 

Mississauga, ON, CA

Remote Work:  No, critical onsite role
Closing Date:  March 15, 2026 23:59 EST

Equity, Diversity & Inclusion
The Bank is committed to achieving a workforce that reflects the diversity of our country and is representative and inclusive of all Canadians regardless of race, ethnicity, colour, religion, sex, age, disability, sexual orientation, gender identity or expression, socio-economic background or lived experience. By living our values and prioritizing our actions to enhance equity, diversity and inclusion, the Bank ensures broader discussions, better decisions, and a more engaging workplace. 

We make career growth and professional development a priority. We are committed to developing inclusive, barrier-free recruitment and selection processes, and a work environment that supports our diverse workforce.

Let our team know if you need accommodation or support during the recruitment process due to a disability or other reason. We can provide support in multiple ways, from using this site and submitting your application, right through to the interview process. If you are the successful candidate, you can also discuss accommodation needs when you receive your offer.

Contact accessiblecareers@bankofcanada.ca to discuss how.

We invite you to join an organization where differences are seen as strengths and are recognized, valued and respected. We welcome all candidates to apply and strongly encourage candidates to self-identify if they identify with an Employment Equity designated group (Indigenous Peoples, Persons with Disabilities, Women or Racialized/Visible Minorities). 

Senior Analyst - Bank Note Sorting Equipment


Take a central role

The Bank of Canada has a vision to be a leading central bank—dynamic, engaged and trusted—committed to a better Canada. No other employer in the country offers you the unique opportunity to work at the very center of Canada’s economy, in an organization with significant impact on the economic and financial well-being of all Canadians. You will be challenged, energized and motivated to excel in our environment. 


Building on the principles that have always guided us – excellence, integrity and respect – we strive to be forward-looking and innovative, to welcome people with diverse perspectives and talents, and to earn trust by living up to our commitments and by clearly explaining the intent of our policies and actions.  


With our defined-benefit pension plan, benefits, and high flexibility for work life balance - find out more about why we are annually ranked as one of Canada's top employers:  Working Here - Bank of Canada

 

Find out more about the next steps in our Recruitment process. 

 

What’s new
The Currency Department is a global leader in bank note issuance and quality management. The Bank’s Agency Operations Centres (AOCs) in Toronto and Montreal have recently undergone major modernization and now operate with advanced high-speed bank note processing and packing equipment supported by a new inventory management system—the Note Processing Solution (NPS).

 

This role sits within the Quality & Data Management team, supporting operational excellence and continuous improvement across both AOCs.
    

What you will do 
As a Senior Analyst, you will provide expert oversight of the performance, maintenance, testing, and ongoing enhancement of NPS equipment used at the Toronto and Montreal Agency Operations Centres.

 

You will:

  • Monitor contractual performance targets and service level agreements with equipment suppliers
  • Lead and contribute to strategically selected projects, testing activities, and system enhancements
  • Analyze bank note quality data to ensure outputs meet established fitness and quality standards
  • Identify opportunities to improve processes, technologies, and system performance
  • Build strong partnerships with equipment manufacturers and internal stakeholders
  • Collaborate closely with the Product Development Team and IT specialists to support research, development, and operational objectives

Your work will directly support operational efficiency, quality assurance, and the future direction of bank note processing operations.

 


What you need to succeed
You bring strong analytical and problem-solving skills, paired with the ability to work effectively in a technical, operational environment.

You have:

  • Experience with electromechanical systems, equipment performance, or industrial technology
  • Knowledge of data analysis, quality monitoring, and system optimization
  • Experience identifying and applying AI and advanced analytics to drive business value, while supporting responsible use through sound governance and risk management
  • Strong communication skills to clearly convey technical information to diverse audiences
  • A proactive mindset with the ability to prioritize, manage risks, and drive improvements
  • Excellent collaboration skills and a strong client-service orientation

 

Nice-to-have 

  • Experience with bank note sorting, authentication technologies, or quality standards (specifically NPS)
  • Knowledge of ISO 9001 (International Organization of Standardization)
  • Project management experience
  • Knowledge of Microsoft PowerBI and programming language 

 

Your education and experience
The position requires a Bachelor Degree in Engineering OR College diploma in Electro-Mechanical Engineering Technologist/Technician or a related field AND 3 to 5 years of experience or an equivalent combination of education and experience may be considered. 

 

Innovative Mindset

We value candidates who demonstrate adaptability, curiosity, and a willingness to learn new technologies, including AI and digital tools. We seek individuals who can think critically about data, question existing processes, and find ways to simplify our work while embracing change and new ways of doing things. 

 

Language requirement
The Bank’s work environment is conducive to the use of both of Canada’s official languages - English and French.  The position language requirement is Level 5 (Fully Functional).  If a qualified candidate who meets the language requirement of the position is not found, a qualified candidate who does not meet the language requirement may be considered. Training may be provided to help reach the required level.  Both bilingual and unilingual candidates are encouraged to apply. 

 

What you need to know

  • Priority will be given to Canadian citizens and permanent residents
  • Security level required: Be eligible to obtain Secret 
  • Occasional travel to the other Agency Operations Centre (Montreal)
  • International travel may be required to attend conferences or meet with suppliers
  • Relocation assistance may be provided, if required
  • Please save a copy of the job poster. Once the closing date has passed, it will no longer be available.

 

What you can expect from us
This is a great opportunity to join a leading organization and be part of a high-performing team. We offer a competitive compensation and benefits package designed to meet your needs at every stage of your life and career. For more information on key benefits please visit A great deal to consider. 

 

  • Salaries are based on qualifications and experience and typically range from $111,051 to $130,649 (job grade 17)
  • The Bank offers an incentive for successfully meeting expectations at  7 to 10% of your base salary. The Bank offers additional performance pay (5%) for those who exceed expectations. Exceptional performers who far exceed expectations may be eligible for higher performance pay.
  • 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

 

We wish to thank all applicants for their interest and effort in applying for this position. Only candidates selected for interviews will be contacted.

Apply now »