Senior Quantitative Analyst; Financial Markets

Senior Quantitative Analyst (Financial Markets)

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The Bank of Canada has a vision to be a leading central bank—dynamic, engaged and trusted—committed to a better Canada. No other employer in the country offers you the unique opportunity to work at the very center of Canada’s economy, in an organization with significant impact on the economic and financial well-being of all Canadians. You will be challenged, energized and motivated to excel in our environment.

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With our defined-benefit pension plan, benefits, and high flexibility for work life balance - find out more about why we are annually ranked as one of Canada's top employers:
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What you do

We are looking for an experienced Financial Sector Specialist with strong experience to design, develop, and maintain advanced quantitative solutions within the Financial Markets Data Analytics (FMDA) division of the Markets and Banking Department (MBD).

FMDA works with a wide range of data assets, including data from commercial providers, regulatory agencies, and internally generated operations data. The team designs and automates data pipelines, curates and transforms data, and develops statistical and machine learning models. In addition, FMDA provides reusable tools, templates and best practices that enable other teams to efficiently monitor, analyze and report on their data.

The division also offers specialized financial modelling expertise in support of the Bank’s fiscal agent responsibilities and domestic market operations. Solutions are user-focused and developed using agile principles in close collaboration with financial market specialists as well as digital and technology partners.

More specifically, you will:

• Develop and maintain asset pricing, portfolio analytics, performance attribution and financial risk models to support market analysis, portfolio construction, risk measurement, and informed decision making
• Support model validation and documentation in alignment with internal model risk management standards
• Collaborate closely with financial market specialists, economists, and technology teams to translate business and operational requirements into scalable quantitative solutions
• Contribute to the development of end to end analytical pipelines, from data ingestion through to production grade outputs
• Stay current with industry best practices in financial engineering, quantitative finance, and data science, and help evolve FMDA’s modelling and analytical standards

What you need to succeed

This role blends deep financial markets expertise with advanced analytical, statistical, and computational capabilities. It is suited to a seasoned quantitative professional who thrives at the intersection of financial theory, applied mathematics, and modern data science, bringing strong financial intuition and rigorous thinking to translate complex models into practical, decision ready insights.

You have:

• Significant experience performing quantitative analysis in market facing, risk, treasury, portfolio construction or quantitative research environments
• Proven expertise in fixed income analytics, including yield curve modelling, bond and derivatives pricing, term structure analysis, portfolio optimization, scenario analysis or hedging strategies
• Experience applying advanced statistical, econometric, and numerical methods to time series, panel, and high frequency financial market data across rates, fixed income, and foreign exchange markets
• Strong ability to communicate complex quantitative results to both technical and non technical stakeholders

Additionally:

• Advanced quantitative and programming expertise in one or more statistical/analytical languages (e.g., Python, R, MATLAB) including experience with numerical methods, optimization, and statistical…