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Requisition Number:  2275
Position Type:  Permanent
Position Length:  Indeterminate

Ottawa (Downtown), ON, CA

Closing Date:  December 9, 2018

Diversity and Inclusion
As one of Canada’s Top 100 Employers, we offer you a superior work environment that allows you to reach your full potential both professionally and personally. 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 to discuss how.

Economist/Senior Economist

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 centre 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 an environment where we are reinventing central banking, renewing ways of doing business and reinforcing a culture of innovation.

Find out more about the Bank’s current research priorities, explore the broad range of staff research that our people have the intellectual freedom to pursue, and learn about the ways in which the Bank supports and collaborates with the external research community.


Did you know?
The Bank recently launched the FS Hub, a one-stop shop for timely and accessible research and analysis on the financial system. 


About the position
The Regulatory Policy Division (RPD) in the Financial Stability Department facilitates the Bank of Canada’s role in crisis management and financial sector policy development through effective lender of last resort, financial sector regulation and macroprudential policies, as well as by providing input into domestic and international committees. The division also conducts relevant theoretical and empirical research to support its policy advice.


Under the general direction of the Director, RPD, you conduct analysis and research to support advice on issues relating to domestic and international financial sector policy. You contribute to the development and assessment of macroprudential policies and banking regulation, and collaborate with federal agencies and international bodies on related issues. 


Your future responsibilities
You will be a key member of the team and support execution of high-priority deliverables. You will write policy notes, analyze microdata sets, use relevant models, and attend discussions with Bank of Canada’s domestic and international partners. You will have the opportunity to stay current with new knowledge and tools in your area of expertise by attending courses and conferences.


Your education and experience

  • a completed master’s degree in economics or finance with a minimum of two years of relevant experience in economic or financial analysis or related policy work


  • a completed PhD degree in economics or finance with an interest in financial institutions research and policy work


  • an equivalent combination of education and experience may be considered



  • prior experience in regulatory policy development


Your knowledge and skills

  • strong problem-solving skills and the ability to analyze complex economic and financial data
  • knowledge of policy issues related to financial stability and financial institutions, including key regulatory reforms under way
  • good communication skills, both oral and written, for a variety of audiences
  • ability to organize work effectively, setting priorities to ensure follow-through and project completion in a timely manner and under tight deadlines


Language requirement
English or French essential


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.


Senior Economist

  • Salaries are based on qualifications and experience and typically range from $91,662 to $120,300 (job grade 17)
  • Depending on performance, you may be eligible for performance pay for successfully meeting (7 to 10% of your base salary) or for exceeding expectations (15% of your base salary). Exceptional performers who far exceed expectations may be eligible for higher performance pay.


Candidates whose experience and/or educational background may not be at the level being recruited for will be considered for a position within the accelerated progression stream program. The accelerated progression stream is for economists and 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 $76,500 to $91,661 (job grade P3-P4).
  • 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: Secret 
  • Relocation assistance may be provided, if required 


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


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