Assistant Chief, Model Development
City, Province, Country:
Ottawa, Ontario, Canada
Number of Positions:
April 23, 2012
May 9, 2012
(annual salary): The Bank offers a competitive total compensation package with starting salaries, based on qualifications, generally ranging between $106,250 and $132,812* (job grade 19).*Where the Bank has needs for 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 primary responsibility of the Canadian Economic Analysis (CEA) Department is to provide Bank of Canada management with high-quality and timely analysis of economic conditions in Canada, as well as advice on the conduct of monetary policy. The department also conducts longer-term research into issues that are relevant to monetary policy, including how to best design Canada’s monetary policy framework and linkages between real and financial variables.
You are a member of the departmental management team. Under the general direction of the Chief and a Research Director, you direct the activities of the Model Development Division. You manage the resources of the division such that the Bank has the capacity to conduct monetary policy analysis using modern macroeconomic models. Your division will also produce short-term analysis and long-term research that lead to a better understanding of key linkages in the Canadian economy and their relevance to the economic outlook and Canadian monetary policy. The division is also expected to disseminate its research, both internally and externally, at seminars and conferences, as well as through working papers and economics journals. Moreover, you, as a member of the departmental management team, participate in the formulation and implementation of work plans and other activities of the department, support the department’s broad management objectives, provide input to its strategic direction and contribute to “Manage the Bank” initiatives.
• advanced degree (master's or PhD) in economics• a minimum of five years of work experience in performing economic analysis that has resulted in the completion of high-quality, original research papers• demonstrated experience in managing a team• English and French essential• linguistic requirement (minimum starting level): level 4 – functional in second official language (training will be provided to help the selected candidate reach the required level of fully functional) Technical abilities specific to the position:• capacity to lead, coordinate and provide direction to the division • ability to articulate a vision for the division that is consistent with departmental needs• ability to anticipate the research needs of senior management• ability to provide high-quality economic and policy analysis based on leading-edge research and modelling techniques • ability to undertake research in topics of interest to the Bank• ability to publish regularly in Bank publications and in top academic journals• ability to ensure that the division meets its work plan objectives by planning effectively and by providing coaching and timely, constructive feedback• ability to provide research leadership by developing ideas and research work plans, offering guidance on economic research, and actively participating in workshops and seminars• ability to contribute to a supportive and collegial work environment that attracts, develops and retains staffGeneric competencies for the position: • analytical thinking: ability to analyze complex issues, diagnose multi-dimensional problems and devise appropriate responses or strategies • conceptual thinking: ability to quickly grasp the essence of complex issues and develop insightful concepts, models or frameworks to address them • strategic orientation: demonstrated ability to develop long-range visions and long-term objectives• action management: ability to actively monitor other people's performance and deal with performance issues• developing others: ability to encourage and support the long-term development of others by providing coaching and feedback on competencies and arranging learning opportunities• people/team leadership: demonstrated ability to lead a team and create team effectiveness by communicating a long-term vision, providing guidance and supervision, resolving conflicts, inspiring confidence and motivation, and optimizing performance• effective interactive communication: ability to communicate effectively with a wide variety of audiences by adapting one's language to the audience, by clarifying complex information and by conveying sensitive information in an appropriate manner• relationship building: ability to build and cultivate a broad network of relationships that can be leveraged to gain support or co-operation
• demonstrated experience working with the Bank of Canada’s main projection model• demonstrated ability to publish regularly in top journals• fully functional in second official language
If you are a qualified candidate, please submit a detailed resumé and a covering letter by 9 May 2012. We will also ask you to complete a mandatory questionnaire during the application process.A document in addition to your cover letter should summarize: (i) your vision for the division, detailing research that should be conducted to help the Bank achieve its short- and long-term objectives; (ii) your potential contribution to the achievement of the department’s objectives; and (iii) your approach to performance management. • 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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