Analyst or Senior Analyst
City, Province, Country:
Ottawa, Ontario, Canada
Number of Positions:
May 17, 2012
May 27, 2012
Your candidacy may be considered for other, similar positions at the Bank of Canada.
(annual salary): The Bank offers a competitive total compensation package with starting salaries, based on qualifications, generally ranging between $54,580 and $97,836* (job grade P1 to P4 or 17).*Where the Bank requires specialized skills, it may offer higher starting salaries to exceptional candidates.
Canada's central bank is the nation's pre-eminent macroeconomic policy institution. No other employer in the country offers you the unique opportunity to work at the very centre of Canada's economy, in an organization with significant impact on the economic and financial well-being of all Canadians. No matter what your area of expertise, you'll enjoy an open culture and a superior work environment that will challenge, energize, and motivate you to excel. (More info)
The Financial Stability Department conducts analysis and research on questions relating to overall financial stability in Canada, including the assessment of the financial system's vulnerability to potentially stressful scenarios, the development of federal financial sector policy, and overseeing clearing and settlement systems that could pose systemic risk. The department also conducts regular monitoring of the financial sector in Canada and abroad.
Under the general direction of the Assistant Chief, you act as a key member of the Stability Assessment Division, which is responsible for identifying and evaluating risks to the global financial system. This includes developing frameworks and tools to assess the risks to financial stability. Risk assessment is a key component of the developing macroprudential framework. The division is also responsible for coordinating the work supporting the Banks Financial System Review.
produce written and oral briefings to senior management on matters related to the responsibilities of the division, and make policy recommendations identify and analyze issues, evaluate risks, and provide policy advice contribute to model development initiatives (e.g., early-warning indicators, household risk assessment model) contribute to the Financial System Review attend, as needed, discussions with the Bank of Canadas industry and regulatory partners on financial stability issues develop research ideas; produce and present research papers related to the broad responsibilities of the division
masters degree or PhD in economics or finance or other relevant discipline(s) a minimum of two years of professional experience in the credit assessment and/or rating of banks/financial institutions, gained within a bank, other financial institution, rating agency or regulatory authority English or French essential ability to communicate effectively to a variety of audiences both orally and in writing strong problem-solving skills and ability to analyze economic and financial data self-motivation and initiative ability to work independently and collaboratively with the team, under tight deadlines
quantitative modelling skills knowledge on microdata and time-series analysis completion of courses toward a Chartered Financial Analyst (CFA), Financial Risk Management or Professional Risk Management designation/certification good communication skills in both official languages experience in representing the Bank externally; experience working and networking with external partners knowledge of financial system issues more generally
If you are a qualified candidate, please submit a detailed resumι and a covering letter by 27 May 2012. We will also ask you to complete a mandatory questionnaire during the application process. Condition of employment: Candidate must be eligible for reliability status clearance. Relocation assistance may be provided, if required. 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. Only the candidates selected for an interview will be contacted.
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