Term, 2 years with the possibility of extension or of becoming regular
City, Province, Country:
Ottawa, Ontario, Canada
Number of Positions:
October 18, 2012
November 11, 2012
Salary Range (annual salary): The Bank offers a competitive total compensation package with starting salaries, based on qualifications, generally ranging between $49,099 and $71,386* (job grade 13 to 15). *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 Bank of Canada has five main areas of responsibility: monetary policy, currency, financial system, funds management and corporate administration. It is the country's sole bank-note-issuing authority and, as such, is responsible for designing, producing and distributing Canada's bank notes. These bank-note-related functions fall under the purview of the Currency Department and, within that department , the Currency Development Team is responsible for developing, from conception to implementation, cost-effective bank notes that the public can use with confidence. The team evaluates technology options from suppliers, integrates materials and designs into a final product, sets bank note specifications, and manages development projects. Once developed, bank notes are manufactured by external suppliers and are then distributed to regional distribution centres by the Bank of Canada. The main project currently under way within the team is the completion of the issuance of the polymer bank note series. The work includes research into technologies that have the potential to be included in bank notes and the development of technologies into new security features. Research and development are also undertaken with respect to the functional characteristics of existing bank notes, and other activities include the evaluation of security features and counterfeiting threats, durability testing of bank notes and materials, analysis of the performance of notes in circulation, assessment of bank note manufacturing quality, and the psychophysics of human/bank note interactions using techniques such as perception research.The team operates a laboratory to investigate counterfeiting techniques, the security of bank note designs and new security features on the market. In addition, it provides expertise and technical guidance to other Currency Department teams that manage ongoing bank note production and the Bank of Canada’s automated processing centres where worn notes are removed from circulation. The work of the Currency Development Team is organized under four streams – or programs – and involves working with national and international organizations (both academic and industry), collaboration with scientific and technical colleagues at suppliers and at central banks, and participation at international forums. The team also works closely with stakeholders (e.g., the blind and partially sighted community, financial institutions, retailers, cash handlers, bank note equipment manufacturers, and law enforcement agencies) to understand and meet their needs in the most efficient and effective manner. The team is composed of program managers, bank note technical specialists, scientific advisers and analysts with specialties in such fields as engineering, chemistry, physics, finance/economics and graphic design. Under the general direction of a program manager, and often working closely with more senior members of the team, you will support the activities related to bank note research and development, production, and operations. By way of training and development, you will participate in a range of different tasks and projects that will assist the team and provide exposure to the activities of the Currency Department, the Currency Development Team and the currency industry more generally.
•understand stakeholder groups and contribute to the evolving definition of their physical and functional requirements for circulating bank notes•contribute to the development and implementation of metrics and programs to monitor, measure and evaluate the performance of bank notes in circulation •perform security feature assessments; write reports and convey findings to the scientific advisers or program managers•manage the use and maintenance of the laboratory•support the procurement of new equipment, and produce procedures and specifications to procure services for testing the durability of bank notes•work with the Royal Canadian Mounted Police to acquire experience with counterfeiting issues•support testing activities with manufacturers of equipment that processes (counts, sorts, assesses fitness, authenticates) bank notes •gather and analyze business and technical data/information as input to reports on business operations, or to assist in identifying and resolving issues and minimizing operational risks•play a role in developing and maintaining relationships with various national and international organizations, and collaborate with scientific/technical colleagues at suppliers/printers and international forums •support administrative activities related to securely handling bank notes and providing them to equipment manufacturers
•bachelor’s degree in physical sciences (e.g., chemistry, physics) or engineering (e.g., mechanical, materials, chemical, electrical or physics)and•three years of work experience as an analyst providing support in a technical and/or scientific environment or •an equivalent combination of education and experience may be consideredin addition•English essential•ability to communicate effectively, both orally and in writing•strong ability to analyze technical and business issues, to develop new methodologies and procedures, to practise sound judgment and, based on this, make recommendations•strong ability to take initiative to define, develop, defend and complete projects •ability to work both independently with minimal supervision and as a member of a team, under tight deadlines•strong interpersonal skills and the ability to foster collaborative working relationships inside and outside the Bank•demonstrated experience interfacing with external suppliers•knowledge of and experience with a range of scientific instruments and testing methods
•functional in both official languages•knowledge of commercial printing processes, equipment and materials•knowledge of bank note processing equipment and sensor technologies•experience with statistical analysis
•Condition of employment: Candidate must be eligible for “Secret” status clearance.•There will be no relocation assistance provided for this recruitment action.•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.•Priority will be given to candidates who are legally entitled to work in Canada.•Only the candidates selected for an interview will be contacted.If you are a qualified candidate, please submit a detailed resumé and a covering letter by 11 November 2012. We will also ask you to complete a mandatory questionnaire during the application process.
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