Senior Economist - Model Development

Equity, Diversity & Inclusion

The Bank is committed to achieving a workforce that reflects the diversity of our country and is representative and inclusive of all Canadians regardless of race, ethnicity, colour, religion, sex, age, disability, sexual orientation, gender identity or expression, socio‑economic background or lived experience. By living our values and prioritizing our actions to enhance equity, diversity and inclusion, the Bank ensures broader discussions, better decisions, and a more engaging workplace.

We make career growth and professional development a priority. We are committed to developing inclusive, barrier‑free recruitment and selection processes, and a work environment that supports our diverse workforce.

Let our team know if you need accommodation or support during the recruitment process due to a disability or other reason. We can provide support in multiple ways, from using this site and submitting your application, right through to the interview process. If you are the successful candidate, you can also discuss accommodation needs when you receive your offer.

We invite you to join an organization where differences are seen as strengths and are recognized, valued and respected. We welcome all candidates to apply and strongly encourage candidates to self‑identify if they identify with an Employment Equity designated group (Indigenous Peoples, Persons with Disabilities, Women or Racialized/Visible Minorities).

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 centre 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.

Building on the principles that have always guided us—excellence, integrity and respect—we strive to be forward‑looking and innovative, to welcome people with diverse perspectives and talents, and to earn trust by living up to our commitments and by clearly explaining the intent of our policies and actions.

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.

In addition to the position being staffed, this competition may be used to fill similar opportunities (Regular or Term) that become available at the same job grade. If you’re interested in this type of role, we encourage you to apply.

The primary responsibility of the Canadian Economic Analysis (CEA) Department is to provide high‑quality economic analysis, projections and longer‑term research that contribute to the Bank of Canada’s monetary policy function.

The Model Development Division (MDD) is responsible for the development and maintenance of a suite of macroeconomic models used for staff economic projections and policy analysis. This division systematically supports the projection and policy recommendation process, for example, through model‑based scenario analysis. MDD also produces and disseminates leading‑edge research on key policy issues.

We are seeking a Senior Economist to join the Model Development division, where you will work closely with a dynamic team of economists, mathematicians, computer engineers and data scientists to maintain a suite of state‑of‑the‑art macroeconomic models and develop appropriate model infrastructure to support operational needs.

• Contribute to the development, implementation and maintenance of the next generation of macroeconomic model for projection and policy analysis at the Bank of Canada
• Support the team in understanding drivers of the Canadian economy and their relevance to the economic outlook and monetary policy through the application of advanced modelling expertise
• Contribute to modelling projects related to the design of the Canadian monetary policy framework, which influence both monetary policy decision making and demonstrate Bank’s intellectual leadership on the international stage
• Conduc…