Senior Economic Analyst-(Hybrid)

Central 1 cooperatively empowers credit unions and other financial institutions to deliver banking choice to Canadians. Central 1 provides critical services at scale to enable a thriving credit union system. We do this by collaborating with our clients, developing strategies, products and services to support the financial well-being of their more than 5 million diverse customers in communities across Canada. For more information, visit

What we offer:

• Work-life flexibility 

• Hybrid work environment 

• Variable annual incentive plan

• Generous annual vacation allotment

• Top-notch flexible benefits plan including family building and gender affirmation

• Retirement Plan, matched contributions at 6%

• Access to a learning platform and educational assistance support

• Access to a virtual wellness platform

• Career development opportunities

• Wellness Flex Fund to support personal interest and activities

• Day off to volunteer in your community and other paid time off options

• Corporate discounts

*subject to employment agreement

Job Summary:

As a Senior Analyst on Central 1's R Economics team, you'll play a key role in delivering data-driven insights, thought leadership, and analytical tools that support both Central 1 and our credit union clients.

Reporting to the Chief Economist, you'll research and analyze economic trends, co-author flagship publications such as the Weekly Economic Briefing and economic outlooks, and present findings that inform strategic decision-making across the credit union system.
 

You'll collect and interpret data, develop econometric models, and create visual dashboards and tools that translate complex information into actionable insights. As a trusted expert, you'll also represent Central 1 through speaking engagements across BC and Ontario, showcasing your analytical expertise and communication skills.
 

If you're passionate about turning data into strategy and enjoy combining research, writing, and client engagement, this is an opportunity to make an impact in the financial cooperative space.

This role is open to candidates based in either the Greater Toronto Area (ON)

 or the Lower Mainland (BC)

What you'll be doing:

• Write timely economic and data analyses on high-frequency indicators for inclusion in Weekly Economic Briefings.

• Contribute analysis for departmental forecast publications, including the BC and Ontario Economic Outlooks and Regional Outlook Reports.

• Author department reports such as the Employment Insurance Report, Insolvencies Report, Monthly Housing Report, and Treasury Market Moment.

• Design, develop, and maintain the Regional Economic Dashboard for the Economics team.

• Extract and analyze data from internal and external databases using various software tools, developing code to prepare and maintain detailed reports on the financial performance of credit unions, the economy, and housing markets. Provide commentary to accompany these reports.

• Update, refresh, and recode existing publications to improve efficiency within the department.

• Support the department's knowledge base through research assistance and by developing and maintaining data products and economic databases using tools such as R, EViews, HAVER, SPSS, and others as needed.

• Share responsibility for publishing the semi-weekly interest rate and broker rate surveys, which involve primary data collection and database maintenance.

• Respond to information requests from Central 1 and credit union management regarding economic, system, or credit union financial and statistical data.

• Produce and distribute the department's suite of economics and credit union financial data publications (via the website), including the development of templates, style sheets, graphics, and editing using desktop publishing software.

• Maintain and update presentation slide decks for department and executive use.

• Serve as the operational liaison for the credit union financial database and software managed by the BCFSA.

• Manage weekly Mailchimp communications, website materials for the HUB, and oversee Economics Centre and Treasury Knowledge Centre postings. Track engagement using Google Analytics.

• Present at credit union, client, and community events as approved by the Chief Economist.

• A Master's degree in Economics, or Business with 2 to 5 years experience, or a Bachelor's degree in Economics or Business with 5-7 years applicable experience. A working knowledge of finance, accounting, treasury is an asset.

• 5-7 years of relevant work experience with previous presentation experience

• Full driver's license and access to vehicle is required. Some travel across B.C. and Ontario is expected, and driving is necessary

• Demonstrated ability to communicate economic trends through concise written analysis for a general audience

• Familiarity and demonstrated knowledge in working with a combination of data programming languages/software including R or Python, Eviews, SPSS

• Proficiency in working with large databases is required as you will be required to work with BCFSA, DICO, Landcor, HAVER etc. database

• Proficiency in Microsoft Office, specifically Excel, PowerPoint, Wordpress

• Some familiarity with report design software such as InDesign or similar software

• Accuracy and attention to detail, as well as a high degree of professionalism in communicating with regulatory bodies and external clients

• You know the most effective and efficient processes to get things done, with a focus on continuous improvement.

• Ability to exercise sound judgment and tact, prioritize their own workload to meet deadlines and maintain a high degree of confidentiality.

Salary range: $80,000-$95,000

The salary range represents the job rate determined for the successful candidate who is fully competent in the role. The actual salary will vary depending on market conditions and relevant job-related factors such as knowledge, skills, qualifications, experience, and education/training.

#LI-Hybrid

Central 1 is an equal opportunity employer and committed to building an inclusive workforce by creating an environment where everyone feels like they belong and has the opportunity to be successful. We welcome all applicants to join our diverse workforce and we will provide an accessible candidate experience including, but not limited to accommodations to interview sites and alternate formats upon request to our Recruitment team.