Bank of Canada
Job title:
Principal Analyst, Business Analysis & Policy Development
Company
Bank of Canada
Job description
Principal Analyst, Business Analysis & Policy Development
Take a central role
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.
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:
Find out more about the next steps in our .
Did you know?
Many Canadians continue to use cash and few have plans to go cashless in the next five years. Canadians count on us to plan for the future of cash and to continue to provide access to adequate supplies of secure bank notes they can use with confidence.
What you will do
The Business Analysis and Policy Development (BAPD) team evaluates the policy framework for the cash system and makes recommendations to ensure cash continues to be available for Canadians who want or need to use it.
You will help monitor the domestic and international currency and payments markets to understand trends and challenges, identify issues relating to the use of cash, propose and recommend policy options to support achieving the mandate and promise to Canadians.
As a Principal Analyst, you will:
- Identify and raise issues relating to the future of cash and the long-term sustainability of the cash system;
- Develop sound strategic and policy advice both on your own and in collaboration with Currency and other Bank colleagues;
- Suggest, lead and conduct original, high-quality analysis and policy option development based on a strong understanding of the Bank’s public policy mandate, especially as it relates to Currency;
- Engage with internal and external stakeholders to understand, and effectively account for, a broad set of constraints and perspectives;
- Liaise with government authorities and other central banks and support stakeholder relations work;
- Provide leadership to the team and coach others in their work especially in the area of policy analysis and development and have the ability to build and cultivate a broad network of internal and external relationships to support the team’s work;
What you need to succeed
- You have a proven track record of developing practical and well-reasoned policy advice, leveraging strong critical reasoning skills. You can distill complex information and balance competing objectives and diverse perspectives.
- You have strategic vision and can translate this vision into concrete plans.
- You have an understanding of the legislative process.
- You are intellectually curious and strive to build expertise in new and complex subject areas.
- You can build and maintain a network of internal and external relationships.
- Strong interpersonal, coaching and communication skills , including the ability to lead and work collaboratively within a team
We are looking for an effective communicator who can educate and socialize policy analysis and options, with the ability to produce high-quality briefing notes, presentations and other communication tools in order to gather input, build consensus and develop or present strong recommendations. You are self-motivated, capable of taking initiative and can demonstrate creativity.
Experience with the cash or payments ecosystem, driving legislative change and change management is considered an asset.
Your education and experience
This position requires a master’s degree in public policy, business or law with a minimum of seven years of recent and relevant experience. We may also consider an equivalent combination of education and experience.
What you need to know
- Language requirement: English and French essential (bilingual) with a minimum starting level of intermediate (level 3) in second official language. Training may be provided to help reach the required level of functional (level 4) in second official language.
- Priority will be given to Canadian citizens and permanent residents
- Security level required: Be eligible to obtain Secret
- Relocation assistance may be provided, if required
- Please save a copy of the job poster. Once the closing date has passed, it will no longer be available.
Hybrid Work Model #LI-Hybrid
The Bank offers work arrangements that provide employees with flexibility, enable high-performing teams, and support an excellent workplace culture. Most employees can telework from home for a substantial part of each month as part of the Bank`s hybrid work model, and they are expected on site at the Bank location a minimum of eight days per month to help build connections between colleagues. You must live in Canada, and within reasonable commuting distance of the office.
What you can expect from us
This is a great opportunity to join a leading organization and be part of a high-performing team. We offer a competitive compensation and benefits package designed to meet your needs at every stage of your life and career. For more information on key benefits please visit .
- Salaries are based on qualifications and experience and typically range from $101,325 to $126,660 (job grade 18)
- The Bank offers an incentive for successfully meeting expectations at 7 to 10% of your base salary. The Bank offers performance pay for those who exceed expectations (15% of your base salary).. Exceptional performers who far exceed expectations may be eligible for higher performance pay.
- Flexible and comprehensive benefits so you can choose the level of health, dental disability and life and/or accident insurance coverage that meets your needs
- Extra vacation days (up to five each year) that you can purchase to add to your vacation entitlement
- Indexed, defined-benefit pension #LI-POST
We wish to thank all applicants for their interest and effort in applying for this position. Only candidates selected for interviews will be contacted.
Expected salary
$101325 – 126660 per year
Location
Ottawa, ON
Job date
Fri, 05 Jan 2024 23:43:33 GMT
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