Economist, Financial Stability Department Rotation Program

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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. 

Interested in launching your career through a rotation?
We are seeking an early career Economist to join the Financial Stability Department (FSD) Rotation Program—a structured opportunity to build broad experience while contributing to high‑impact work at the Bank.

Through the rotation, you’ll gain exposure to how the Bank assesses vulnerabilities in Canada’s financial system and develops policy‑relevant analysis to support a stable and resilient financial sector. You’ll work at the intersection of macroeconomics and finance, helping to track emerging risks, strengthen analytical tools and data, and contribute to key Bank outputs that inform senior decision‑making.

What you will do?

Start your day by preparing and delivering insightful briefings to senior management, transforming complex economic and financial data into clear, actionable insights. Your expertise influences key decisions impacting Canada’s economy, and you will be involved in key decisions that shape Canada’s financial future. You will contribute to the Bank’s publications, including staff analytical papers and major reports like the Financial Stability Report.

You will have opportunities to spend time on professional development. Whether it’s learning new software or exploring recent economic theories, continuous learning is a part of the role.

As an economist in the Financial Stability Department (FSD), you will support our division’s contribution to policy advice on issues relating to financial stability. You will analyze complex dataset to assess trends and developments in the banking system and help improve our analytical tools.

Examples of analytical work include:

• Conducting analysis and research to assess vulnerabilities and risks for the Canadian financial system and to inform macroprudential policies
• Assessing financial vulnerabilities and risks emanating from key sectors that drive credit demand in Canada including households, non-financial corporations and housing
• Interacting with Canadian regulators and industry groups to inform or motivate policy and other changes that reduce vulnerabilities and increase efficiency
• Support the Bank’s crisis management mandate, including provision of liquidity to financial institutions facing stress

You will also support FSD’s input for various domestic and international committee meetings. As needed, you will also attend discussions with the industry and regulatory partners. Overall, this is a unique opportunity to conduct analysis and provide policy advice related to the Canadian financial sector.

What you need to succeed?

• Strong knowledge of financial stability issues and the Canadian financial sector
• Eagerness to leverage data for evidence‑based policy advice
• Ability to analyze large economic and financial data to identify complex patterns
• Excellent analytical and problem-solving skills, including quantitative methods (e.g., econometrics, stress testing, scenario analysis)
• Ability to work collaboratively across teams and influence through evidence-based analysis
• Ability to manage multiple projects, prioritize tasks, and ensure timely completion
• Strong communication skills to clarify complex information in clear written products and presentations for varied audiences

Nice-to-have 

• Proficiency in programming with tools like Python, R, Stata, SQL, EViews, etc
• Experience in exploring emerging AI methodologies and their implications for economic modelling and policy evaluation
• Interest in uncovering and understanding macro-financial linkages

Your education and experience

The position requires a master’s in economics or finance with 2 years of relevant work experience in economic, financial analysis or financial sector policy issues.  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. 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 Reliability 
• 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 “Economist ” 

Hybrid Work Model #LI-Hybrid

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.

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

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 $111,050  (job grade P1-P4).
• During the progression, you are not eligible for performance pay. Instead performance is rewarded via a faster rate of progression through the salary range.
• 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.