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Requisition Number:  10693
Position Type:  Term
Position Length:  3 years
Location: 

Ottawa (Downtown), ON, CA

Remote Work:  Hybrid Model
Closing Date:  March 3, 2025 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). 

Principal Consultant - Identity and Access Management (IAM)


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. 

 

Take a Central Role 
A career in cyber security at the Bank of Canada is an opportunity to defend Canada’s critical national infrastructure against cyber security threats. 

 

With the increased sophistication and frequency of cyber-attacks, the Bank’s cyber resilience is a top priority.  A key part of the Principal Consultant role will be to contribute to the execution of the Bank’s Cyber Security Strategy through the introduction of new cyber security initiatives, ongoing operations, and continuous improvement activities.  

 

Be part of a dynamic and highly skilled team of cyber specialists working in a fast-paced environment enabling the Bank to operate and innovate securely.

 

What you will do 
You will use your in-depth understanding of the Cyber Security Division’s mission, products, and services to provide strategic technical advice and direction to the Identity and Access Management (IAM) Portfolio staff and leadership.  

 

You will be responsible to translate corporate needs into actionable plans for the evolution of the IAM Portfolio and to work with other Bank portfolios, using your in-depth cyber and enterprise architecture knowledge, to establish new approaches that will advance the IAM governance and operations of the Bank. You will incorporate and align this technical direction with the organization’s strategies and objectives.


In addition, you will: 

  • Provide technical direction and vision as the Bank-wide IAM authority in terms of IAM products and services direction or support strategies.
  • Present emerging cyber risks findings and recommendations to technical and/or business stakeholders at all levels.
  • Research and monitor technology developments, industry trends and innovations to assess their applicability, functionality, and reliability for the Bank, and recommend solutions that help clients enhance their cyber protection while balancing with usability.
  • Resolve complex problems related to all IAM systems to ensure stable and reliable technology solutions and environments.
  • Build long-term relationships or partnerships with internal and external clients and suppliers to support evolving Bank needs and represent the Bank’s interests with stakeholders as required.
  • Provide leadership in the development, evolution and promotion of best practices, techniques, methods, and tools.
  • Provide authoritative cyber security advice, recommendations and interpretations to colleagues, management, and external contact. 
  • Lead and promote collaboration of technical experts within IAM portfolio
  • Provide coaching to colleagues and help advance the technical and professional development of IAM staff members.
  • Develop intellectual capital, document best practices, and contribute to the cyber security knowledge base. e.g. design, develop and support an enterprise-level operation integration framework for IAM, clearly identifying shared accountability and integration points with other teams.
  • Engage with Bank support teams and vendors to ascertain technology details pertinent to new technology and issues with existing technology.

 

What you need to succeed

  • Strong technical leadership and excellent interpersonal skills.
  • Able to communicate clearly and effectively with technical and/or business stakeholders at all levels.
  • An advanced level of understanding and subject-matter experience in Cyber Security Identity and Access Management.
  • A proficient level of understanding and experience in several technologies and skills such as:
    • Cloud and hybrid cloud solutions 
    • Networking, virtualization, Operating Systems
    • Cyber and IT security tools, monitoring and edge devices
    • AI and post-quantum cryptography
  • Experience in leading Enterprise-level Agile DevOps projects and strategic initiatives in the Financial industry and/or government agencies.

 

Nice-to-have 

  • Cyber Security risk management
  • Cyber Security vulnerability management
  • SCSA, MCSE, CCNA, CCIE, CISSP or other relevant designation

 

Your education and experience
This position requires a bachelor’s degree in computer science, engineering or other related discipline and 8 years of relevant experience 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. Although the position language requirement is English or French essential, we do encourage everyone to improve second their 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.

 

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 $150,707 to $177,302 (job grade 19)
  • 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 and dental coverage that meets your needs
  • Extra vacation days (up to five each year) that you can purchase to add to your vacation entitlement
  • Option to join the indexed, defined-benefit pension plan after 24 consecutive months of service

 

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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