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Requisition Number:  5380
Position Type:  Term
Position Length:  12 months (extension / permanent possible)
Location: 

Ottawa (Downtown), ON, CA

Closing Date:  March 8, 2021, 23:59 EST

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 accessiblecareers@bankofcanada.ca to discuss how.

Senior Analyst


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 a diverse and inclusive 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 next steps in our Recruitment process

 

Did you know? or What’s new
The Bank of Canada delivers services that are essential to the economic well-being of the nation. To ensure that those time-critical services continue to be delivered during a disruptive event, the Bank has in place a Continuity of Operations Program (COOP). The COOP Program encompasses all disciplines necessary to enable recovery of essential Bank services subsequent to a disruptive event, emphasizing the protection of Bank employees and property, and the protection of the Bank’s reputation in Canada and internationally. In addition to business continuity and corporate incident management oversight, the COOP team proactively develops and implements initiatives in support of operational resilience and is recruiting to bolster our efforts in this regard.

 

What you will do 
Reporting to the Continuity of Operations Program (COOP) Director and with minimal guidance from the Principal Analyst who provides day to day oversight to members of this work stream, the Senior Analyst will focus their effort on the successful execution of operational resilience objectives through collaboration with staff in the Technology and Compliance workstream in the development and implementation of projects to enhance the operational resilience of departments across the Bank. By contributing to the execution of all tactical objectives within the Technology and Compliance work stream, the Senior Analyst supports the Principal Analyst in the promotion of infrastructure and operational resilience at the Bank.

 

In this position, the Senior Analyst will focus mainly on two initiatives in support of strengthening the Bank’s operational resilience while supporting other COOP initiatives as required.

 

  • The Business Data Resilience (BDR) initiative is to enhance the Bank’s ability to recover from a major Bank data loss event by ensuring business lines have the necessary tools and processes. The Senior Analyst will support and lead various aspects of this initiative that will require significant coordination and interaction with all departments.  This will include updating documented processes to reconstruct and reconcile missing data for time-critical processes or transform manually created data from manual workarounds in the recovery phase following a data loss event.
  • The Business Impact Assessment (BIA) enhancement and digitalization initiative seeks to transition the BIA into a new system to streamline documentation and maintenance, including the creation of workflows. Further, this initiative seeks to expand the scope of the BIA, adding confidentiality and integrity measures to existing availability measures.

 

The Senior Analyst coaches junior staff and transfers knowledge in order to develop the requisite skills to deliver on the work stream’s mandate and in doing so fosters a positive working environment that motivates the team to excel. The Senior Analyst collaborates across all COOP work streams and with other Corporate Security Service business lines to contribute to the resilience of business processes against threats and vulnerabilities. Recognizing the COOP Program’s Bank-wide mandate, the Senior Analyst develops and nurtures key relationships across the Bank in order to preserve the integrity of the Program.

 

What you need to succeed

  • knowledge of the relationship between the Bank of Canada and Canada’s financial system;
  • highly developed analytic and problem-solving skills to research and assess operations, including the ability to identify problems, generate alternatives, determine appropriate action and oversee change implementation in resolving issues and improving processes;
  • ability to be a team builder who can develop and maintain good relationships and gain the confidence of other professionals to achieve common goals, including the ability to share expertise, provide constructive feedback and contribute ideas;
  • ability to maintain client focus, respond promptly, provide realistic commitments and take action to get things done;
  • as the critical link between technology and business, the Senior Analyst translates highly technical information to simpler concepts allowing senior decision makers to better understand the risk behind their choices. 
  • an understanding of project management theory and concepts, including planning and execution; with project management and oversight responsibilities experience; demonstrated experience in setting priorities and monitoring projects and initiatives and ability to meet deadlines while working on multiple tasks, sometimes under pressure and with shifting priorities;
  • ability to deal with unstructured or ill-defined problems;
  • excellent communication skills, both oral and written; and ability to identify and recognize key stakeholders and decision makers and ensure that the risk is communicated clearly and understood and accepted;

 

Nice-to-have 

  • ABCP/CBCP 
  • ITIL certification
  • Significant knowledge of and experience with methods, techniques and practices in disaster recovery, business impact analysis and evaluation, and risk-benefit analysis in a central banking environment;
  • Demonstrated knowledge of the Bank’s critical business functions;

 

Your education and experience

  • a completed university degree (preferably in information technology, business administration, finance or economics) and a minimum of 5 years of progressively more responsible and relevant work experience in at least one of the following disciplines: information technology, economics, finance, business or business continuity

or

  • an equivalent combination of education and experience may be considered 

 

 

What you need to know

  • Language requirement: English and French essential (bilingual) with a minimum starting level of functional (level 4) in second official language. Training may be provided to help reach the required level of fully functional (level 5) in second official language.
  • Priority will be given to Canadian citizens and permanent residents
  • Security level required: Secret 
  • You will work remotely from any location within Canada while the Bank operates under mandatory telework. Flexibility for remote work for the duration of the term may be granted.
  • There will be no relocation assistance provided
  • Please save a copy of the job poster. Once the closing date has passed, it will no longer be available.
  • In response to the COVID-19 pandemic and further to public health guidelines, preventative measures are being taken to ensure health and safety during the recruitment process. All interviews are conducted virtually.  
  • The official title for this position is “Senior Analyst ” 

 

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 $85,100 to $106,300 (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.
  • 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 strive to make our policies, programs and workplace more inclusive, respectful and barrier-free. We encourage applications from women, Indigenous peoples, veterans, persons with disabilities, members of visible minorities and persons of all races, ethnic origins, religions, abilities, sexual orientations, and gender identities and expressions.