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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, socioeconomic 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, barrierfree 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. 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 selfidentify if they identify with an Employment Equity designated group (Indigenous Peoples, Persons with Disabilities, Women or Racialized/Visible Minorities). Economist or Senior Economist Take a central role The Bank of Canada has a vision to be a leading central bankdynamic, engaged and trustedcommitted to a better Canada. No other employer in the country offers you the unique opportunity to work at the very centre of Canadas economy, in an organization with significant impact on the economic and financial wellbeing 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 forwardlooking 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 definedbenefit pension plan, benefits, and high flexibility for worklife balance find out more about why we are annually ranked as one of Canadas top employers: Working Here Bank of Canada. The Real Sector Stability (RSS) division in the Financial Stability Department (FSD) assesses vulnerabilities and risks in the key sectors that drive credit demand in Canada (households, businesses, and the housing market). The division produces analysis for the Staff Financial Stability Assessment (staff views on the level and evolution of vulnerabilities and risks in the Canadian financial system). This work informs the Banks assessment of key vulnerabilities and risks and supports external communications by providing key inputs to the Financial Stability Report. RSS analysis is often published as Staff Analytical Papers or Sparks at Bank articles and helps inform discussions with federal partners on macroprudential policy. The division also conducts research and analysis related to financial stability considerations for monetary policy decisions. As an Economist or Senior Economist, you will contribute to the departments assessment of vulnerabilities and risks by proposing and delivering highquality, policyrelevant research and analysis. You will work with complex microdata to assess trends and developments in the firms, households and housing sectors, and you will help strengthen the analytical tools and frameworks. Data sets used include credit bureau data covering the universe of Canadian borrowers; the real estate secured loans data set (RESL) from the Office of the Superintendent of Financial Institutions (OSFI); financial and borrowing records for Canadian businesses; and detailed survey data on households and firms. Examples of recent analytical work from RSS division include: Ability to analyze large economic and financial data to identify complex patterns Eagerness to leverage data for evidencebased policy advice Strong written and verbal communication skills, with the ability to clearly convey complex information to diverse audiences Demonstrated strength in producing highquality analysis and research Ability to work in a team and develop positive working relationships by supporting team decisions and promoting cooperation and partnerships Ability to combine depth of analysis with a fastpaced environment Nicetohave Knowledge of housing, household and business sectors Previous experience working with large micro datasets Ability to apply econometric methods to policy questions Interest in uncovering and understanding macrofinancial linkages Coding experience, including proficiency in Python (PySpark), R, MATLAB, SQL Knowledge of the regulatory structure of the Canadian mortgage market Comfort using AIenabled tools to enhance analysis and explore new ways of working Your education and experience An Economist position requires a Masters degree in economics with a minimum of one year of relevant experience in economic analysis or in a field related to policy development, or an equivalent combination of education and experience may be considered. A Senior Economist position requires a PhD in economics or a Masters degree in economics with a minimum of four years of relevant experience in economic analysis or in a field related to policy development, or an equivalent combination of education and experience may be considered. Innovative Mindset We value candidates who demonstrate adaptability, curiosity, and a willingness to learn new technologies, including AI and digital tools. We seek individuals who can think critically about data, question existing processes, and find ways to simplify our work while embracing change and new ways of doing things. Language requirement The Banks work environment is conducive to the use of both of Canadas official languagesEnglish and French. Although the position language requirement is English or French essential, we do encourage everyone to improve their secondlanguage proficiency for future career growth and to contribute towards fostering a bilingual environment. What you need to know Priority will be given to Canadian citizens and permanent residents Security level required: Be eligible to obtain Secret Relocation assistance may be provided, if required Please save a copy of the job poster. Once the closing date has passed, it will no longer be available. Hybrid Work Model The Bank offers work arrangements that provide employees with flexibility, enable highperforming teams, and support an excellent workplace culture. Most employees can telework from home for a portion of each month as part of the Banks hybrid work model, and they are expected on site at the Bank location a minimum of 12 days per month to help build connections between colleagues. You must live in Canada, and within reasonable commuting distance of the office. What you can expect from us This is a great opportunity to join a leading organization and be part of a highperforming 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 . Economist Candidates whose experience and/or educational background may not be at the Senior Economist level will be considered for a position within the accelerated progression stream program (P3-P4). This program allows employees to acquire the skills they need over a number of years to reach the working level of a Senior Economist at the job grade 17. Salaries are based on qualifications and experience and typically range from $93,306 to $111,050 (job grade P3-P4). During the progression, you are not eligible for performance pay. Instead performance is rewarded via a faster rate of progression through the salary range. Salaries are based on qualifications and experience and typically range from $111,051 to $130,649 (job grade 17). The Bank offers an incentive for successfully meeting expectations at 7 to 10% of your base salary. The Bank offers additional performance pay (5%) for those who exceed expectations. 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 Extra vacation days (up to five each year) that you can purchase to add to your vacation entitlement We wish to thank all applicants for their interest and effort in applying for this position. Only candidates selected for interviews will be contacted. #J-18808-Ljbffr