Director, International Studies

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 you will do 
Reporting to the Senior Research Director, you will be leading the International Studies Division of the International Economic Analysis department (INT). The division conducts innovative research on a broad range of issues with the aim of deepening our understanding of foreign economies, the interaction between countries, and how this all affects the Canadian economy. More specific topics include monetary and fiscal spillovers, exchange rates, international trade and capital flows, labour markets and firm dynamics, as well as a growing emphasis on the use of micro data to better understand the drivers of macro phenomena.

Additionally, you will:

• provide leadership to the members of your team, guiding them as required to ensure they produce work that leads to publications in leading peer-reviewed journals in economics and finance, informs relevant monetary and financial policies. 
• play a central role in developing the vision and strategic direction for the division and contribute more generally to the direction of the department. 
• participate in the development and implementation of work plans, ensuring they are well integrated with other department initiatives, and provide input to the broad management objectives. 
• support the leadership development of the team members. 
• develop and maintain effective and collaborative business relationships with both internal and external partners. 

What you need to succeed
You can provide vision, support, guidance and feedback to lead others meet their objectives, performance targets and personal career goals. You have knowledge of issues related to macro and international economics, and have research experience in these areas that cover both modelling and empirical work. You can work effectively with others and promote collaboration across areas and have the ability to build and manage external partnerships and networks to advance the division’s priorities. 

You have a consistent track record of publishing in academic journals, including publications in top field and/or general interest journals in economics and/or finance. You have an established record of conducting high-quality and innovative economic analysis for important monetary policy agendas, such as model development, informing policy throughout the monetary policy cycle, and deepening the Bank’s knowledge of emerging long-term issues.

You are a problem solver with great analytical skills, which enables you to quickly grasp the essence of complex issues and develop insightful concepts, models or frameworks, as well as diagnose multi-dimensional problems and devise appropriate responses and strategies based on your more in-depth analysis of such issues.  Your leadership skills enable you to develop a long-range vision and long-term objectives and to manage your team’s development.  You communicate effectively with a wide variety of audiences by adapting your language as needed, clarifying complex information and conveying sensitive information in an appropriate manner.

Nice-to-have 

• demonstrated ability to manage research projects
• successful experience in leading others towards a goal

Your education and experience
The position requires a doctorate degree in Economy or Finance, four years of experience in economic research and policy analysis, or an equivalent combination of education and experience may be considered. 

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 Reliability 
• 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.

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 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.

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 $174,197 to $204,938 (job grade 20)
• 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.