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Requisition Number:  11464
Position Type:  Permanent
Position Length:  Indeterminte
Location: 

Ottawa (Downtown), ON, CA

Remote Work:  Hybrid Model
Closing Date:  April 28, 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). 

Principal Economist, Payment Policy and Strategy Team


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’s new 

One of objectives of the Bank’s 2025-27 strategic plan is to ensure that Canadians have access to safe, fast, modern, reliable and convenient forms of payment now and into the future. The Bank has publicly stated that it wants to be ready to support innovations in money and payments that serve Canadians.

 

The Payments Policy and Strategy (PPS) team in the Payments and Regulatory Oversight Department is a multi-disciplinary group that is responsible for the delivery of high-quality analysis and research to drive the Bank’s payments policy agenda. PPS aims to provide strategic advice to senior management on the future of domestic and international payments ecosystems.

 

What you will do

As a Principal Economist in the PPS team, you will lead the delivery of high-quality analysis to drive the Bank’s payments policy agenda. You will help oversee settlement account work (including access policy changes, and review of account applications) and prepare analytical notes and briefings for Governing Council, senior leadership and other departments. You will initiate and undertake in-depth projects, analyze complex economic and policy issues, develop monitoring tools, and generate innovative solutions related to money and payments.

 

You will integrate insights from various policy areas, translating complex research into actionable policy recommendations. By engaging with partners across the payments ecosystem and collaborating with international partners, you will help address issues, communicate the Bank’s positions and advance shared positions on global payments issues.

 

 

What you need to succeed

You have excellent problem-solving skills and apply economic theory and data to develop sound policy proposals. Self-motivated and resourceful, you tackle new challenges with initiative, drawing on diverse analytical approaches and a broad base of economic knowledge. You also have experience handling and analyzing data to support evidence-based policy recommendations.

 

You are able to manage and/or provide strategic direction for large and multi-stakeholder projects. As a strong communicator, you clearly and persuasively convey ideas through policy notes and presentations to diverse audiences. You effectively manage multiple projects, set priorities, and ensure timely follow-through and completion.

 

You can work collaboratively and build strong relationships with internal and external partners including government and international agencies, other central banks, financial market participants and industry organizations, and academic experts, to exchange knowledge, policy proposals, research, and analysis.

 

Nice-to-have

  • Knowledge of:
    • Clearing and settlement and payments systems and their role in the financial system
    • Traditional retail payments systems like card networks, merchant acquirers, point of sale technologies, online payments processors, including trends and developments, their regulation and standards
    • Canadian banking and payment regulations
    • Stablecoin and cryptocurrency markets and regulations (in Canada and internationally)
    • Blockchain and cryptographic methods
  • Experience in:
    • Analyzing payment systems, consumer survey, public blockchain, and other data with quantitative methods.
    • Participating in international or domestic inter-agency committees or working groups
    • Supervision/oversight of financial sector entities

 

Your education and experience

This position requires a minimum of a master’s degree in economics, Finance, Computer Science, Mathematics or Statistics and a minimum of 5 to 10 years of experience working within a policy institution. A combination of education and experience may also 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 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 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 $126,765 to $149,135 (job grade 18)
  • 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.

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