Recent graduates and Experienced Research/Policy Economists

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Requisition #:  J0212-0966

Position Title:  Recent graduates and Experienced Research/Policy Economists

Employment Type:  Full-time

City, Province, Country:  Ottawa, Ontario, Canada

Job Category:  Economics

Number of Positions:  10

Date Posted:  February 17, 2012

Closing Date:  March 30, 2012

Eligibility

The Bank of Canada invites applications for Senior Analyst, Principal Researcher and Research Advisor positions for our Economics Departments.

Take a Central Role at the Bank of Canada

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)

Department info

We offer challenging work and many opportunities for professional development for highly qualified candidates specializing in macro/microeconomics, finance, international economics, and econometrics.

At the Bank, your work will support the economic and financial welfare of Canadians and may also contribute to our work at an international level. You will take part in leading-edge analysis, participate in the conduct of monetary policy, help promote the safety and efficiency of our financial system, and collaborate with your colleagues within the Bank and at other organizations in Canada and abroad. We offer a competitive compensation package, a superior work environment, and an open culture that supports diversity and fosters discussion and debate.

While we encourage applications from candidates in all areas of finance and economics, we are particularly interested in those candidates who are conducting research on:
• empirical asset pricing (especially with applications on fixed-income or foreign exchange markets)
• applied issues in banking (empirical and theoretical)
• issues related to financial stability (e.g., market volatility, liquidity, asymmetric information,
contagion, risks in derivatives markets, and bank and financial market regulation)
• international economics and finance
• monetary and macroeconomics (especially real-financial linkages)
• nowcasting and forecasting

Bank of Canada researchers are encouraged to present their work at academic conferences and to publish in top academic journals. We provide generous research and travel support, as well as access to extensive economic and financial data. Our in-house seminar series features presentations by noted international academics and practitioners.

Job Summary

Senior Analyst
Suitable candidates should have a recent or forthcoming PhD with excellent analytic and communication skills (in English or French). Central responsibilities include: conducting and leading original research and analysis on topics or questions identified in the division work plan or requested by Bank management, preparing well-thought-out policy notes for Bank management, preparing and delivering briefings in areas of subject-matter expertise, and building external relationships.

The Bank offers a competitive total compensation package with starting salaries, based on qualifications, generally ranging between Can$78,269 and $109,823. Where the Bank has needs for specialized skills, it may offer higher starting salaries to exceptional candidates.

Principal Researcher
Suitable candidates should have a PhD degree in Economics or Finance with a minimum of three years of relevant work experience in either academia, or industry, as well as a strong record of high-quality economic research. We will also consider candidates with a Masters degree in Economics or Finance with a minimum of five years of work experience. Central responsibilities include: suggesting, conducting and leading high quality research and analytical projects; providing advice and responding to requests from senior management and providing feedback to more junior members within the unit.

The Bank offers a competitive total compensation package with starting salaries, based on qualifications, generally ranging between Can$89,345 to $132,812. Where the Bank has needs for specialized skills, it may offer higher starting salaries to exceptional candidates.

Research Advisor
Suitable candidates should have a PhD degree in Economics or Finance with a minimum of five years of relevant work experience in either academia, or industry, as well as a strong record of high-quality economic research. We will also consider candidates with a Masters degree in Economics or Finance with a minimum of seven years of work experience. Central responsibilities include: suggesting, leading and conducting high-quality empirical and/or theoretical research/analysis on the relationship between the macro economy, monetary policy and financial markets, and assessing the implications for the Bank’s policies, leading critical projects/studies that have a direct link with the Bank’s policies, responding to requests, often in multiple/broad areas, from Executive, senior management and other departments and external stakeholders, reviewing and providing feedback on analysis and research studies prepared by others, and helping to determine and guide the research agenda and department work plan by anticipating issues that may not be currently topical but that are likely to become pertinent in the future.

The Bank offers a competitive total compensation package with starting salaries, based on qualifications, generally ranging between Can$121,618 to $171,233. Where the Bank has needs for specialized skills, it may offer higher starting salaries to exceptional candidates.

English and French are essential for Principal Researcher and Research Advisor roles. Qualified candidates who are not fully bilingual will be offered assistance to become bilingual at the functional level.

Notes

Send your application to phd_recruitment@bankofcanada.ca. The application should include a cover letter, curriculum vitae, research paper(s), and three letters of recommendation, which may be sent separately to the same email address. While the application deadline is 30 March 2012, the positions will remain open until filled.

Preference will be given to those candidates who are legally entitled to work in Canada. Where no such qualified candidates are available, the Bank will assist qualified candidates from other countries to obtain the required work permits, and provide relocation assistance, if required.

The Bank of Canada is a vibrant workplace that 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. As a bilingual institution, the Bank of Canada encourages and facilitates the use of both official languages (English and French).

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