Economist/Senior Analyst, Canadian Economic Analysis
Term, one year with possibility of extension
City, Province, Country:
234 Laurier Avenue West, Ottawa, ON, K1A 0G9, Ontario, Canada
Number of Positions:
August 9, 2013
December 1, 2013
(annual salary): The Bank offers a competitive total compensation package with starting salaries, based on qualifications, generally ranging between $55,399 and $99,304 CAD* (job grade P1 to 17).*Where the Bank has needs for specialized skills, it may offer higher cash compensation 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 Canadian Economic Analysis (CEA) Department provides high-quality economic analysis, projections and research that contribute primarily to the Bank of Canadas monetary policy function. The department also conducts longer-term research into issues relevant to monetary policy. CEA plays an active role in the communication of monetary policy and as external liaison with the academic community, other central banks, international organizations, Canadian businesses and the Canadian public. The department also disseminates its research at seminars and conferences, as well as through working papers and economic journals.Within CEA, the Canadian Projection and Policy Analysis (CPPA) division analyzes economic developments in Canada, assesses their impact on the outlook for inflation and real economic activity, and provides a recommendation to Bank management for the setting of monetary policy. In deriving its recommendations, CPPA is responsible for identifying and quantifying key risks to the economic outlook. In conjunction with other divisions, CPPA also contributes to the development of models and other research tools that it finds useful to complete its tasks.
As Economist/Senior Analyst, you will: (i) participate in the conversion of a large-scale dynamic stochastic general-equilibrium (DSGE) model from the current platform (TROLL) to MATLAB; (ii) participate in the management of the project in collaboration with other colleagues and ensure that the work plan objectives are achieved; (iii) manage user needs and requirements; and (iv) create training materials and train staff on the new platform.
develop, implement and maintain a platform in MATLAB to use a large-scale DSGE model, including data management, optimization routines, analytical tools and the reporting interface lead and participate in functional testing, acceptance testing and the training of end-users provide leadership by anticipating issues and contributing to the projects work plan objectives create training materials and documentation contribute to the continuous improvement of the platform and processes use interpersonal and communication skills to work collaboratively and effectively with counterparts
master's or PhD degree (preferably in economics, computational economics, mathematics, engineering or statistics) English or French essential excellent programming skills and ability to adapt and code programs effectively sound knowledge of MATLAB, including object-oriented programming and optimization ability to quickly grasp and analyze complex issues, diagnose multi-dimensional problems and devise insightful/appropriate responses or strategies to address them ability to anticipate future opportunities or uncover potential problems and devise plans to address them ability to manage own time and priorities effectively to ensure that projects are completed in a timely manner
experience working in a Unix or Linux environment experience in economic model development good communication skills in both official languages
Condition of employment: Candidate must be eligible for reliability status clearance. Priority will be given to Canadian citizens and permanent residents. There will be no relocation assistance provided for this recruitment action. Key benefits offered include: health and dental care, sick leave, paid vacation. Only the candidates selected for an interview will be contacted. 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.If you are a qualified candidate, please submit your resumι and covering letter by 29 September 2013. However, applications will continue to be accepted until all positions are filled.We will also ask you to complete a mandatory questionnaire during the application process.
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