Bank of Canada

Position Title/Short Description

Full Text of JOE Listing:

Find out more about the Bank’s current research priorities, explore the broad range of staff research that our people have the intellectual freedom to pursue, and learn about the ways in which the Bank supports and collaborates with the external research community.

Important Information About this Position
The position title used in this posting may differ from the official internal title of the position. Successful candidates will be appointed to either the Senior Economist or Senior Financial Sector Specialist Analyst position, as appropriate.

Application Process
Your application must include the following:
cover letter
curriculum vitae
research paper(s) or job market paper
three letters of recommendation

Letters of recommendation should be submitted through Econjobmarket.

To apply, click on the link above or visit www.bankofcanada.ca/careers.


Application deadline
Applications will continue to be accepted until all positions are filled. We recommend that candidates submit their applications by November 20th, 2026, as we will conduct virtual interviews as early as December 1st.

Your future responsibilities
You will be expected to produce rigorous research and policy work to help the Bank’s senior management make better policy decisions for all Canadians. Your research will inform and help shape the Bank’s research agenda and support your department in providing sound policy advice. Subject to the needs and interests of the Bank and the employee, senior economists or senior analysts may move to other Bank departments to pursue research of relevance in new or needed areas. More specifically, you will be expected to:

Develop leading-edge research ideas, produce and disseminate high-quality research papers on Bank priorities
Contribute to the core policy responsibilities of your department through model development initiatives, timely policy analysis and briefings to senior management
Collaborate with researchers and policy staff within the Bank, and colleagues from other organizations on multi-disciplinary projects
Build relationships with external parties-- e.g., government and international agencies, other central banks, financial market participants and organizations, and academia-- to share and receive feedback on research and analysis

Your education
A recent (completed after January 2021) or forthcoming (completed in 2027) PhD in economics


Your knowledge and skills
We will evaluate your application against the key requirements listed below and your education, which must be demonstrated in your cover letter, curriculum vitae, three letters of recommendation, and research paper(s) or job market paper.

If you are selected for an interview, you may be evaluated through two interviews and a presentation of your job market paper.

Key requirements
Research skills: the ability to undertake in-depth and high-quality research projects that are publishable in peer-reviewed academic journals
Alignment of fields of expertise with Bank priorities
Writing skills: the ability to produce effective written documents in a style and form likely to appeal to and influence the intended audience
Oral communication and presentation skills: the ability to make effective, well-structured presentations adapted to the intended audience, inside or outside the Bank, and the ability to communicate effectively with others by demonstrating active listening skills and conveying information clearly
Teamwork and collaboration: the ability to work independently and collaboratively
Innovation: the ability to create new insights, devise novel approaches and make innovative decisions through research
Analytical and technical skills: strong problem-solving skills, including the ability to analyze complex economic and financial information using empirical and/or modelling skills
No minimum post-PhD employment experience required; relevant doctoral research experience will be considered

Language requirement: English or French essential (verbal and written)

In exceptional circumstances, an equivalent combination of a PhD and research experience in an area of current particular relevance or interest to the Bank not listed above may be considered.

Research support, collaboration and development
The Bank of Canada is committed to employee growth and career development and supports employees in reaching their full potential within their roles.
As part of the career path in this position, it is possible to progress to a role with an expanded scope at a higher job grade, and a corresponding salary increase, if specific criteria are met.
Travel for external presentations of ongoing research is centrally funded and managed by a committee comprised of Senior Researchers. Additional funding may be available for working with co-authors, invited discussions, or attending high-profile conferences.
Support is provided by Research Assistants who help gather data, conduct statistical analysis, and prepare materials for presentations, and by a talented team of administrative, computer, data-scientist, editorial, design, and library professionals.
Access to numerous data sources, including confidential and administrative data, and powerful computing capabilities, including the cluster.
A variety of vehicles for external distribution of research and analytical work. These include personal web pages, Staff Working Paper series, Staff Discussion Paper series, the Staff Analytical Notes series, and Technical Reports.
Many opportunities to interact and exchange ideas, provide feedback on ongoing research, and collaborate on research projects with economists from top economic departments and major institutions, with potential referees, and journal editors by offering:
o a steady stream of research conferences, workshops, and visiting speaker seminars throughout the year including the Fellowship Program and the Visiting Scholar Program.
o the opportunity to work alongside several Special Advisors whose role is to enhance the research efforts and policy advice by providing guidance on joint research projects (i.e., commenting on papers and policy documents).

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.

Salary
The Bank offers a competitive total compensation package that is reviewed annually. The starting base salaries are based on qualifications and range annually between CAD $114,952.50 and CAD $156,778.00.

The salaries currently indicated are based on the 2026 salary scales. The Bank’s salary structure is reviewed regularly to ensure that the total compensation (salary and benefits) offered to employees continues to be competitive. In 2027, the salaries indicated above could be adjusted in accordance with the Bank’s annual salary review process, and this poster will be updated to reflect any changes.

Hiring bonus
You may be eligible for a hiring bonus payable as a lump sum payment at the time of hire and up to two additional annual payments, for a total maximum of up to 30% of your base salary.

Performance pay
The Bank offers an incentive for successfully meeting expectations at 7 to 10% of your base salary. The Bank offers additional performance pay (up to 10%) for those who exceed expectations.
Additional Benefits
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
The Bank offers flexible work arrangements, including teleworking, flexible work hours and work from away.
For more information on key benefits, please visit www.bankofcanada.ca/careers/working-here.

Additional information
Priority will be given to Canadian citizens and permanent residents
Must be eligible for reliability status or secret clearance
Work schedule: Full-time (37.5 hours per week)
Relocation assistance may be provided if required
Contact information:
hrmobility@bank-banque-canada.ca
North America: 1-800-303-1282
Outside North America: 613-782-8111
234 Wellington Street West, Ottawa, ON K1A 0G9
Number of available positions: Up to 8
Work address: 234 Wellington Street West, Ottawa, ON K1A 0G9
Position Type: Permanent/Full time

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.

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