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

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

Take a central role
Each year, master-level graduates’ step into the role of Analyst or Economist, becoming integral members of our economic and financial research teams. These positions, primarily based at our Head Office in Ottawa, allow you to dive into the daily activities that drive the Bank's core functions. Occasionally, opportunities arise in our Regional Offices across Canada.

A Day in the Life of an Analyst or Economist
Start your day by preparing and delivering insightful briefings to senior management and the Governing Council, transforming complex economic and financial data into clear, actionable insights. Your expertise influences key decisions impacting Canada’s economy, and you will be involved in key decisions that shape Canada’s financial future.

You will contribute to the Bank’s publications, including staff working papers and major reports like the Monetary Policy Report and the Financial Stability Report. Using advanced modelling and forecasting tools, you will push the boundaries of economic and financial research, playing a vital role in shaping the Bank's monetary policy and contributing to academic journals.

Your role involves conducting policy analysis to maintain a stable financial system, managing Canada’s borrowing strategy and foreign exchange reserves, and providing expert risk advice. You’ll also monitor and project economic trends, delivering concise reports that shape national and international policy, contributing to Canada's financial stability and prosperity.

You will have opportunities to spend time on professional development (LinkedIn learning, attending seminars from visiting speakers, etc.). Whether it’s learning new software or exploring recent economic theories, continuous learning is a part of the role.

Eligibility
To be considered, you must have completed a master’s degree between January 1, 2022 and December 31 2025, in either of the following fields:

• Economics
• Finance

Skills & Experience

• Initiating and undertaking in-depth research projects
• Analyzing complex economic and policy issues
• Offering insights, exploring alternatives, and creating innovative solutions
• Preparing briefing materials and analytical notes for senior executives
• Strong communication skills to clearly convey ideas to diverse audiences
• Ability to manage multiple projects, prioritize tasks, and ensure timely completion
• Strong empirical skills and in-depth knowledge of quantitative methods with time-series, cross-sectional, and pooled data.
• Proficiency in programming with tools like MATLAB, Stata, EViews, R, Julia, Python, and VBA.

Recruitment Process
Application
To be considered you must submit the following documents:

1. Resume
2. Cover letter tailored to why you want to work at the Bank and how your skills make you a strong candidate
3. Official or unofficial transcript 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.

Selection

1. Candidates selected to move forward will be required go through two rounds of interviews.
2. Interviews are structured to provide comprehensive evaluation of each candidate’s qualifications and fit for the role.
   

Positions are filled year-round based on operational requirements. If you’ve previously applied, we encourage you to re-apply.

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 $75,345 to $89,680 (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 www.bankofcanada.ca/careers/working-here.

Additional information

• Language requirement: English or French essential
• Priority will be given to Canadian citizens and permanent residents
• Security level required:
• 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

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. For this position, should you not live within reasonable commuting distance of the office, you will be able to work 100% remote (within Canada).

We wish to thank all applicants for their interest and effort in applying for this position. Only candidates selected for interviews will be contacted.