Current Job Postings

Senior Economist or FSS Senior Analyst (PhD Job Market)

Title: Senior Economist or FSS Senior Analyst (PhD Job Market)

  • Employer: Bank of Canada (Economic Departments)
  • Location: Canada
  • Position Type: Other Non-Academic
  • Deadline: Feb 26, 2017

  • Job Description:


    We will conduct interviews at the conferences of the Canadian Economics Employment Exchange (9 and 10 December 2016) and the Allied Social Science Association (AEA/AFA) (6, 7 and 8 January 2017). If you wish to be considered for an interview at one of these conferences, you must apply at least one month before the conference, when review of applications will begin. Applications will continue to be accepted until all positions are filled.


    The Bank offers a competitive total compensation package that is reviewed annually. The starting base salaries are based on qualifications and range annually between Can$90,297 and Can$112,853.

    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 addition, a PhD hiring allowance may be payable for up to two years for a total salary payable up to an annual maximum of Can$128,975. When the PhD hiring allowance is no longer payable, the base salary may be maintained or increased to appropriately position the base salary based on the individual level of contribution.

    In the event that the PhD hiring allowance is no longer payable, or if the employee is not receiving a PhD hiring allowance, the employee may become eligible for a performance bonus for “exceeding expectations” in accordance with Bank policy, which would be payable following the performance year and pro-rated when the period of evaluation is less than one year.

    Additional note:

    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.

    Take a Central Role at the Bank of Canada:
    Launch your career at the Bank of Canada, the nation’s central bank at the very centre of Canada’s economy. Be part of a dynamic, engaged and trusted institution and help promote the economic and financial welfare of Canada. PhD graduates who start their careers at the Bank of Canada find a wealth of opportunities to build their professional expertise and network with fellow doctorates who work at the Bank, as well as with external leading academics who regularly visit. We offer our senior economists/senior analysts a supportive research environment, active seminar series, access to research databases, conference travel support and high performance computing.

    Our vision is to be “A leading central bank—dynamic, engaged and trusted—committed to a better Canada.” At its core is a commitment to reinforce a culture of innovation in all that we do, through a workplace that values diversity and openness, fosters different perspectives and challenges the status quo.

    Job Summary*:

    You will support the economic and financial welfare of Canadians and contribute to the Bank’s work at an international level. You will take part in leading-edge analysis, which supports the Bank in its functional areas, and collaborate with your colleagues within the Bank and at other organizations in Canada and abroad. 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

    • participate in the conduct of monetary policy, help promote the safety and efficiency of our financial and payment systems, assist in managing the government’s public debt programs and foreign exchange reserves, and support the design, issuance and distribution of Canada’s bank notes
    • develop leading-edge research ideas and produce high-quality research papers related to the broad responsibilities of the Bank’s functional areas
    • conduct policy analysis and brief senior management on matters related to the responsibilities of the functional areas
    • collaborate with colleagues within the Bank and from other organizations to develop research ideas, as well as produce and disseminate research
    • build relationships with external parties, e.g., government and international agencies, other central banks, financial market participants and organizations, and outside academics, to share knowledge, research and analysis

    Key Requirements:

    We will evaluate your application against the key requirements listed below, 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, a written assessment and a presentation of your job market paper.

    • education: a recent (completed after 1 January 2009) or forthcoming (completed in 2017) PhD in economics or finance
    • research skills: the ability to undertake in-depth and high quality research projects that are publishable in top-tier, peer-reviewed academic journals
    • fields of expertise: through research in one or more of the following relevant areas of research, depending on specific needs of the Bank’s functional areas

    o macroeconomics and monetary economics
    o banking and payment systems
    o international economics
    o global commodity markets
    o financial economics
    o financial markets and institutions
    o labour and demographic economics
    o mathematical and quantitative methods
    o industrial organization
    o law and economics

    • 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

    Key Language Requirements:

    • English or French essential

    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.


    • Condition of employment: Candidates must be eligible for reliability or secret status.
    • Priority will be given to Canadian citizens and permanent residents.
    • Relocation assistance may be provided, if required.
    • For more information on key benefits, please visit
    • Only the candidates selected for an interview will be contacted.
    • The Bank of Canada benefits from the unique perspectives, attributes and talents of its diverse workforce. We offer flexibility to accommodate the needs of our employees and candidates. The Bank of Canada is committed to employment equity and actively encourages applications from qualified men and women, including Aboriginal peoples, persons with disabilities and members of visible minorities.
    • The Bank of Canada will return to its 234 Wellington Street, Ottawa head office facility in 2017.
    • Contact information:
    • We will ask you to complete a mandatory questionnaire during the application process.

    Application Process

    To apply, click on the link below or visit Requests for additional information and the letters of recommendation should be sent by email to The letters of recommendation should be sent by your referees.

  • This position has closed. Applications are no longer accepted.