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Requisition Number:  862
Position Type:  Term
Position Length:  One year, possibility of extension

Ottawa (Downtown), ON, CA

Closing Date:  October 8, 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.

Research Assistant (Bachelor'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 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.


As the nation's central bank, the Bank of Canada has four main areas of responsibility: monetary policy, financial system, currency and funds management.


For more information about these responsibilities, please visit


About the position
Each year, through the university campaign, the Bank of Canada hires exceptional undergraduates as Research Assistants, to support the important work undertaken at the Bank. Working at the Bank affords the unique opportunity to work with leading-edge tools at the centre of Canada’s economic and financial system. Research Assistants are employed across the economics and financial departments of the Bank.


Depending on the area in which you work, your role could include:

  • Supporting talented researchers on economic and financial research projects
  • Supporting economists and analysts in the development of policy recommendations within the Bank’s areas of responsibility
  • Supporting the execution, reporting, and risk management of the Bank’s activities in financial markets


Regardless of which area you work in, you will have the opportunity to work with talented staff in an environment that supports continuous learning and development.


Typically, our Research Assistants work at the Bank for a duration of one to two years before pursuing further studies. Research Assistants have gained admission to top graduate and professional programs in Economics, Finance, Business, and related areas, with some choosing to return to the Bank as an Economist or Analyst.


Position Requirements
All Research Assistants must have the ability to collect, organize, manipulate and analyze economic and financial data. You will use tools such as Excel, Stata, R, SAS, MATLAB, RATS, Eviews, VBA, SQL, C++, C, Java, Python, and Bloomberg. Experience with several of these tools is preferred.  Your work supports decisions in the Bank’s critical functions, so accuracy and attention to detail are key to success in the role.


As Research Assistants are typically engaged in several projects concurrently, you also possess the ability to organize your work effectively by setting priorities to ensure follow-through and project completion in a timely manner. As you will work in close collaboration with peers and senior staff, you must have the ability to communicate information clearly.


Language requirement
English or French essential


For your candidacy to be considered, the completion date of your Bachelor’s degree must be between 1 January 2017 and 31 December 2019. 


We will be hiring from the following programs:

  • Economics
  • Finance
  • Commerce/Business Administration with Finance major
  • Commerce/Business Administration with Economic major
  • Computer Science
  • Computer Science with Finance major
  • Computer Science with Economic major
  • Mathematics
  • Statistics


Application Process
All applicants must submit a completed online application that includes the following documentations to support their candidacy:

  • a current curriculum vitae
  • cover letter (including information such as reasons for pursuing a specific field of study, research and career)
  • official or unofficial transcripts of your undergraduate academic record. Relevant courses you have attended must be clearly identified by their course titles.


Interviews will be scheduled as early as:

  • Interviews via Skype: October 29, 30, 31, 2018
  • A programming exercise will be completed by those selected
    • You will have 24 hours to complete and return the exercise prior to your scheduled interview


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.

  • Starting salaries are based on qualifications and experience and typically range from $57,120 to $66,640 (job grade 13)
  • Depending on performance, you may be eligible for performance pay for successfully meeting (3 to 5% of your base salary) or for exceeding expectations (7% 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


For more information on key benefits, please visit
Additional information

  • Priority will be given to Canadian citizens and permanent residents
  • Security level required: Reliability or Secret 
  • Relocation allowance 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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