Requisition Number:  9331
Position Type:  Permanent
Position Length:  Indeterminate

Various locations, ON, CA

Remote Work:  Hybrid Model
Closing Date:  October 1, 2023 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 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). 

Analyst or Economist (Master's Degree, Recent Graduates)


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 you will do  

  • Prepare and deliver briefings in various areas of subject-matter expertise to senior management and Governing Council
  • Publish Staff working papers and contribute to the production of a wide range of Bank publications, including the flagship Monetary Policy Report or the Financial System Review
  • Build and maintain state-of-the-art modelling and forecasting tools for analysis 
  • Conduct leading edge economic and financial research, leading towards journal publication, as well as projects relevant for the conduct of monetary policy
  • Conduct policy analysis which helps foster a stable and efficient financial system, and well-functioning markets
  • Analyze the federal government’s borrowing strategy, the investment of Canada’s foreign exchange reserves, or advise the Government on the measurement and control of market, credit, liquidity, and operational risks 
  • Oversee payment and securities clearing and settlement systems integral to the resilience of Canada’s financial system to ensure risk is adequately controlled
  • Monitor, analyze and interpret macroeconomic and financial developments and their implications for the Canadian and global economy to build intuitive narratives that shape policy recommendations. Support monetary policy implementation and financial stability
  • Participate in the staff economic monitoring and projections for the Canadian and global economy using a range of models, turning the latest economic developments into concise reporting and policy advice 


What you need to succeed 
You have experience and/or skills in initiating and undertaking in-depth research projects, analyzing complex economic and policy issues, providing insight, discovering alternative approaches, and generating innovative solutions as well as preparing analytical notes and briefing material for senior executives and leadership.
You have strong communication skills to convey information and ideas clearly and convincingly to a variety of target audiences. 


You have the ability to work on multiple projects, and consequently to prioritize work effectively to ensure follow-through and project completion in a timely manner.
You have strong empirical skills and in-depth knowledge of quantitative methods using time-series, cross-sectional and pooled data. You are proficient in statistical software and programming languages such as MATLAB, Stata, EViews, R, Julia, Python or VBA.
You have strong interpersonal skills enabling you to work collaboratively and build relationships with internal and external partners (e.g., government and international agencies, other central banks, financial market participants and organizations, and outside academics) to share knowledge, research and analysis. You are also  committed to continuous learning and self-development.
Your education 
For your candidacy to be considered, you must have completed a master’s degree between 1 January 2021 and 31 December 2024 in one of the following areas of study: 
Economics; Finance; Computer Science; Mathematics; Statistics; or Business Administration (MBA). 
Application Process
All applicants must submit a completed online application including the following
MANDATORY documents:

  1. Current curriculum vitae (CV)
  2. Cover letter (please tailor your cover letter to ensure you are describing why you are interested in working at the Bank, how this experience would help you further your aspirations, and how your course work and technical skills make you an exceptional candidate that we should select)  
  3. Official transcripts of your undergraduate academic record and the highest level of studies previously completed, if applicable. Relevant courses you have attended must be clearly identified by their course titles 


Positions will be filled throughout the year, based on operational needs. Note: If you applied to the 2022-2023 campaign (September 2022 or March 2023), we invite you to re-apply at this time.  

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.


The accelerated progression stream is for economists and analysts (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 $68,682 to $82,245 (job grade P1-P2).
  • 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

  • Language requirement: English or French essential 
  • Priority will be given to Canadian citizens and permanent residents
  • Security level required: Be eligible to obtain Reliability or Secret 
  • Relocation assistance may be provided, if required 
  • This poster may also be used to fill other term or regular positions that become available during the year


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. #LI-POST