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Requisition Number:  5625
Position Type:  Permanent
Position Length:  Indeterminate
Location: 

Various locations, ON, CA

Closing Date:  May 9, 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 Director, Quality & Operations


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.

 

Did you know? 
The Bank of Canada is the country’s sole authority for issuing bank notes, responsible for the design, production and distribution of Canada’s bank notes. The Bank’s currency operations process in the order of 450 million notes per year on high speed fitness sorting equipment. Data from the operation is leveraged for forecasting, optimizing operations and informing future banknote design. This is an amazing opportunity to work at the heart of this core function of the Bank of Canada which is essential to the Canadian system for bank note circulation.

 

What you will do 
As the Senior Director of Quality and Operations, you will lead the 90-person team responsible for ensuring that quality is maintained throughout the life cycle of a bank note, from production to efficient distribution to destruction and replacement. You will explore alternative models for our operations, the overall roles of the Bank of Canada and the broader Canadian banknote distribution system, against an evolving retail payments landscape. As Senior Director, you will also seek opportunities to leverage data and analytics to evolve Currency operations, improve efficiency and better manage risk. 

 

As part of your key responsibilities, you will establish and grow relationships with our key vendors to set direction on strategy, risk management, contracting, and business continuity. You will oversee and nurture our strategic collaboration with financial institution partners to manage and risk-mitigate the operation of the Canadian banknote distribution system. Furthermore, you will be the business authority in the multi-year initiative for the Agency Operations Centre (AOC) infrastructure modernization.

 

Reporting to the Managing Director of the Currency Department and as a member of the Currency Senior Leadership Team, you will make a key contribution to the overall management and strategic plan for the department. Importantly, you will play an active role in developing employees and the future leaders of the department.

 

The Currency Department’s Quality and Operations team is distributed across 3 cities, with employees based out of Head Office and the Ottawa Support Centre (OSC) in Ottawa, or one of two AOCs in Montreal and Toronto.

 

What you need to succeed
You have a strong strategic outlook, with a track record for plotting new directions beyond current practices and systems, harnessing insights from evolving internal and external environments. You excel in developing relationships and motivating meaningful change with a complex group of internal and external stakeholders. You have vast experience in the implementation and stabilization of change programs impacting business models, systems, processes and vendors in an operational environment. These programs have been large and complex with multiple stakeholders and competing priorities. In addition, you have experience in negotiating complex technology agreements with major national and multi-national corporations. As an inspirational leader, you foster a work environment that encourages innovative thinking, open dialogue, and develops the next generation of leaders. Furthermore, you have deep experience of the unique challenges of a high security operations environment.

 

Nice-to-have 

  • Post graduate degree in relevant field
  • Cash processing experience 
  • Lean Six Sigma certification

 

Your education and experience
The position requires a bachelor’s degree in engineering, business administration or related studies with a minimum of 10 years of relevant work and leadership experience. An equivalent combination of education and experience may be considered. 

 

How to Apply
Please submit your application and related materials to elathrop@boyden.com and cperiard@boyden.com and state the title of the position in the subject line of your e-mail.

 

 

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 
  • 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. 
  • Relocation assistance may be provided, if required

 

 

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 $166,000 to $207,000 (job grade SO1)
  • Depending on performance, you may be eligible for performance pay for successfully meeting (10 to 15% of your base salary) or for exceeding expectations (25% 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, dental, disability and life and/or accident insurance coverage that meets your needs
  • An Enhanced Benefits Program for Senior Officers, which allocates an additional $5,000 that can be applied toward supplementary benefits or be paid out to you in cash
  • Five weeks of annual leave plus the option to purchase extra vacation days (up to five each year) to add to your vacation entitlement
  • Indexed, defined-benefit pension plan

 

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.