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Requisition Number:  11486
Position Type:  Permanent
Position Length:  Indeterminate
Location: 

Ottawa (Downtown), ON, CA

Remote Work:  Hybrid Model
Closing Date:  May 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). 

Analyst - Financial Sector


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. 

 

Did you know? 

The Financial and Enterprise Risk (FER) department supports an enterprise-wide view of risk management across the Bank of Canada. Reporting to the Chief Risk Officer, the department is responsible for the oversight of enterprise and financial risks. 

 

About the Team

Within the FER department, the Market and Credit Risk Office (MACRO) monitors, reports, and advises on financial risks arising from the Bank’s monetary policy and financial stability activities inherent in the Bank’s balance sheet and pension fund. The team also provides independent oversight, risk analysis to support risk informed decision making and works on projects such as development of risk management frameworks, balance sheet analysis and climate-related financial reporting.

 

In parallel, MACRO delivers independent in house credit risk assessments and credit risk advice through its Credit Risk function, evaluating the credit default risk of assets and other financial exposures, including those related to sovereigns, agencies, supranational organizations, and financial institutions. These assessments support the assignment of internal credit ratings, are governed through Credit Rating Committees. The internal ratings are used in setting Government of Canada guidelines for the management of foreign exchange reserves and Receiver General cash balances.

 

The FER department is currently seeking an FSS Analyst for the Market Risk function within MACRO. This role is based in Ottawa. This position will primarily be to support market risk function and monitor the Bank's balance sheet risks, with opportunities to cross-train on credit risk depending on business and operational needs.

 

What you will do 

You will provide financial risk advice and analytical expertise to FER senior management and various FER clients. You will contribute to the team by providing analytic support regarding financial risk topics and issues. You will also conduct in-depth, longer-term analytic projects and undertake joint research assignments designed to improve risk exposure measurement and control techniques. Furthermore, you will assist in the identification and development of information technology (IT) solutions for risk-management issues in collaboration with colleagues . Other responsibilities of the broad MACRO team include:

  • monitoring and reporting on financial risks such as interest rate risk, foreign exchange rate risk and credit risk
  • building, maintaining, and running complex financial models using various analytic tools (e.g., Matlab,. Data Fabric, Databricks)
  • conducting analysis and research on risk-management topics and MACRO business issues
  • analyzing financial risk exposures within our balance sheet
  • contributing to strategy development and measurement methodologies to manage the Bank of Canada’s climate-related financial risks
  • developing and implementing risk frameworks

 

What you need to succeed

You have a solid understanding of risk-management practices and techniques, finance theory, macroeconomics, quantitative methods, and fixed-income financial market instruments. You have proficiency in analytical tools such as Python and are committed to learning and self-development. A desire to seek out innovative solutions to complex problems allows you to contribute to building a stronger risk culture within the Bank. You can develop positive working relationships to help deliver on a variety of commitments, provide insightful feedback for your teammates and value a diversity of ideas. Lastly, you have a proven track record of communicating clearly and adapting your communication style (both written and oral) for a broad range of audiences, including senior management and external partners.

 

Nice-to-have 

  • a completed professional designation, e.g., Chartered Financial Analyst (CFA), Financial Risk Manager (FRM)
  • proficiency with analytical tools (e.g., VBA, Matlab, and SQL), and/or ability to leverage tools for data extraction and aggregation (e.g., SQL, PowerQuery or Power BI)
  • you can use AI tools such as Microsoft Copilot to support financial analysis and reporting, with strong judgment to validate outputs, ensure accuracy, and comply with established controls

 

Your education and experience

  • a completed master’s degree in Finance, Economics, or a relevant field of study with a minimum of two years of recent work experience in the area of risk management, portfolio management/trading or related areas of financial markets in a private or public sector institution.

or

  • an equivalent combination of education, professional designation 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. Although the position language requirement is English or French essential, we do encourage everyone to improve their second language proficiency for future career growth and to contribute towards fostering a bilingual environment.

 

What you need to know

  • Priority will be given to Canadian citizens and permanent residents
  • Security level required: Be eligible to obtain Secret 
  • 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.
  • The official title for this position is “FSS Analyst ”

 

Hybrid Work Model
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 portion 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 12 days per month to help build connections between colleagues. You must live in Canada, and within reasonable commuting distance of the office. 

 

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 $78,389 to $93,305 (job grade P1-P2)
  • The Bank offers an incentive for successfully meeting expectations at   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.

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