Senior Economist or Lead Macroeconomic Analyst

4 weeks ago

Ottawa, Ontario, Canada The Bank of Canada Full time

Macroeconomic Researcher or Senior Economist

The Bank of Canada is seeking a highly skilled Macroeconomic Researcher or Senior Economist to join its International Economic Analysis Department. As a key member of the team, you will contribute to the Bank's monetary policy function by producing timely and impactful research and near-term forecasts of global economic activity.

Using a range of analytical techniques and macroeconomic and forecasting models, you will monitor regional and country-level economic developments outside of North America. You will also prepare focused analytical notes on global macroeconomic developments of importance to Canada. In addition, you will collaborate with a diverse group of fellow experts to conduct macroeconomic analysis and advance the Department's research agenda.

As a Macroeconomic Researcher or Senior Economist, you will:

  • study, interpret and prepare written analyses on macroeconomic developments in advanced and emerging market economies
  • produce forecasts of near-term economic activity for major economies outside of North America, including the euro area and China
  • deliver briefings to the department's senior management or to members of the Governing Council on your subject-matter expertise
  • develop and improve monitoring tools and models as well as conduct longer-term analyses

What you need to succeed

To excel in this role, you will require an advanced knowledge of macroeconomics, sound econometric skills and an ability to conduct applied economic research, including on forecasting models. In addition, a proven ability to communicate complex ideas to a broad range of audiences, strong interpersonal skills, and a facility for collaboration and teamwork are essential.

The role is ideal for innovative individuals with a desire to provide excellent policy analysis and support the leading role that the Bank of Canada plays in understanding the global economy and international macroeconomics.

What we offer

The Bank offers 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 our website.

Salary Range

Salaries are based on qualifications and experience and typically range from $106,739 to $125,575 (job grade 17).

Additional Benefits

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.

Accelerated Progression Stream

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.

Flexible Work Arrangements

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.

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