Senior Business Analyst

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Requisition #:  J1112-0650

Position Title:  Senior Business Analyst

Employment Type:  Full-time

Position Type:  Term, one year with possibility of extension or of becoming regular

Location:  234 Wellington Street

City, Province:  Ottawa, Ontario

Country:  Canada

Job Category:  Analyst

Number of Positions:  0

Date Posted:  November 19, 2012

Closing Date:  December 3, 2012

Salary Range

Salary Range (annual salary): The Bank offers a competitive total compensation package with starting salaries, based on qualifications, generally ranging between $78,942 and $98,678* (job grade 18).

*Where the Bank has needs for specialized skills, it may offer higher starting salaries to exceptional candidates.

Position Type: Term, 14 months with the possibility of extension or of becoming regular

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)

Job Summary

The Senior Business Analyst is a position within the Enhanced Business Continuity/Head Office (EBC/HO) Renewal Program of the Bank’s Corporate Services Department. The HO Renewal Program is a 9-to-12-year program that will replace and modernize the HO infrastructure. The EBC program is a 4-to-5-year program ($50 million) that encompasses the planning and implementation of split operations, renewal of the Ottawa Support Centre, as well as implementation of a strategy for the Bank’s second data centre. The EBC/HO Renewal Program is highly complex, given the multiple stakeholders from business, facilities and IT, as well as the need to carry out construction work in a way that protects ongoing daily operations from disruption.

The position of Senior Business Analyst is part of the Program Control Office team. The Office’s mandate is to establish, implement and monitor the overall framework, processes and reporting mechanisms needed to deliver the program successfully. These processes include financial and procurement management, human resources management, monitoring and reporting, communications, risk and issue management, program change control, as well as infrastructure and document management (e.g., tools, methodologies). The Office is also responsible for quality control of the overall program. It plays a key role in building and maintaining stakeholder relationships and is responsible for preparing analysis in support of sound decision making.

Under the general direction of the Assistant Director of the Control Office, the Senior Business Analyst leads financial and business support to both EBC and HO Renewal. You develop and maintain strategic partnerships with senior members of the program team, as well as external vendors, including an external project-management firm. You lead analysis for investment proposals and vendor evaluations, as well as participate in projects as the financial expert. As a senior analyst, you also contribute to the overall success of the program and the Corporate Services Department.

Central Responsibilities

•develop and maintain an in-depth understanding of how the program contributes to and affects the delivery of the Bank’s operations, both operationally and financially

•provide input into the strategic business direction of the program by supporting the alignment of activities, projects and processes for the mandate and overall objectives of the program

•provide input into program decisions through your expertise in the field of financial management

•research, design and recommend approaches to support quality management and business excellence (i.e., management practices, key performance indicators, and planning and reporting best practices)

•coordinate and play an active role in the development of an effective and sound work plan for the program, and lead the development of the financial plans/budget

•working in close collaboration with an external project-management firm, implement and coordinate the process by which the program manages its resources, including the budgets/forecasts, purchase orders/payments, schedules and risks

•help monitor progress against plans, and provide business/financial advice and guidance to the program Leadership Team on a proactive, ongoing basis

•review and analyze monthly and quarterly financial results and generate the appropriate reports, providing the Leadership Team with a meaningful overview of program spending

•perform analysis and prepare business cases and vendor evaluations for presentation to the program team, or Management Council of the Bank

•identify and assess internal and external trends, business practices, risks, and opportunities to ensure the effectiveness of the program and its processes, and implement business improvements where appropriate

•prepare and/or review briefing documentation/presentations on both the EBC and HO Renewal for the Management Council and the Board of Directors

•monitor the application of Bank policies and guidelines within the program to ensure ongoing alignment with program and Bank objectives

•contribute to Bank-wide financial reporting to the Management Council and the Board by providing accurate and meaningful financial information to the Financial Services Department in an effective and timely manner

•build and manage relationships with partners and suppliers to support evolving business needs

•coach and train junior colleagues

Key Requirements

•recognized accounting designation (CA, CMA, CGA) or actively working toward one (with a minimum of 75 per cent of the program completed) and a minimum of 5 years of relevant work experience in financial management analysis, including project reporting


•a minimum of 10 years of experience in financial management analysis, including project reporting


•advanced-level experience using SAP (FI and MM Modules), Excel spreadsheets and MS Word

•English essential

•solid interpersonal skills (team player and client focus) – willingness to share expertise, provide constructive feedback and contribute ideas to others to achieve common goals (as demonstrated through work experience)

•proactive mindset with an innovative outlook – initiates change and develops solutions to problems

•ability to use independent judgment to analyze issues

•ability to continually seek to improve processes and practices

•ability to work well under pressure and to meet tight deadlines

•strong written and oral communication skills – ability to succinctly communicate complex issues to clients


•functional in second official language

•ability to communicate effectively to a variety of audiences in both official languages (training may be provided to help the selected candidate reach the required level)

•experience in managing and reporting costs within a complex financial control framework and key financial management processes

•experience in implementing accounting policies and monitoring compliance with such policies and procedures

•relevant work experience in the facilities/construction industry

•understanding of the Bank’s organizational structure (departments/functions)

•knowledge of the Bank’s financial framework, accounting policies and financial processes


•Condition of employment: Candidate must be eligible for reliability status clearance.

•Priority will be given to candidates who are legally entitled to work in Canada.

•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.

•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 3 December 2012. We will also ask you to complete a mandatory questionnaire during the application process.

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