Principal Economist

Job title:

Principal Economist

Firm

Financial institution of Canada

Job description

Principal EconomistTake a central positionThe Financial institution of Canada has a imaginative and prescient to be a number one central financial institution—dynamic, engaged and trusted—dedicated to a greater Canada. No different employer within the nation presents you the distinctive alternative to work on the very heart of Canada’s economic system, in a corporation with vital impression on the financial and monetary well-being of all Canadians. You may be challenged, energized and motivated to excel in our surroundings.Constructing on the rules which have all the time guided us – excellence, integrity and respect – we try to be forward-looking and modern, to welcome individuals with numerous views and abilities, and to earn belief by dwelling as much as our commitments and by clearly explaining the intent of our insurance policies and actions.With our defined-benefit pension plan, advantages, and excessive flexibility for work life steadiness – discover out extra about why we’re yearly ranked as one among Canada’s prime employers:Discover out extra in regards to the subsequent steps in our .Do you know?
The Monetary Stability Division (FSD) is liable for researching and assessing vulnerabilities and dangers for the Canadian monetary system. FSD can be the decision authority for important fee clearing and settlement techniques. Furthermore, FSD contributes to home monetary sector coverage and is concerned in discussions relating to worldwide regulatory reforms.Inside FSD, the Decision and Disaster Preparedness Division is liable for supporting the Financial institution’s position as Decision Authority for Canadian monetary market infrastructures (FMI) which have been designated as systemic or outstanding, and it represents the Financial institution on associated worldwide work via the Monetary Stability Board (FSB). FMIs are techniques for making funds and for clearing and settling monetary transactions that course of billions of {dollars} of trades per day. They’re an important spine of the Canadian monetary system, and their important providers should proceed even throughout instances of maximum stress.What you’ll doBeneath the overall course of the Director, Decision and Disaster Preparedness, you’ll:

• Present thought management for the division, assist planning and organizing its activitiesto meet its aims, and play an essential position in communication with key stakeholders.
• Contribute to the continual growth of the Financial institution’s FMI decision perform, in collaboration with different groups inside the Financial institution, Canadian monetary regulatory authorities, and worldwide regulators.
• Proactively counsel, lead, and conduct authentic, high-quality policy-relevant evaluation on points related for the division and current to a broad vary of viewers.
• Develop and foster productive relationships with consultants throughout the Financial institution, home businesses, worldwide our bodies, and personal sector to reinforce collaboration and make progress on the division’s priorities.
• Share information, coach others and play a key position within the growth of the divisional workplan.

What you want to succeed
You might be self-motivated and inventive with the flexibility to develop optimistic working relationships, handle conflicts,promote co-operation, and construct consensus. You might be a wonderful communicator, each oral and written, with the abilities required to coordinate and conduct common briefings together with to senior administration of the Financial institution and exterior stakeholders. You possess a powerful background in understanding and analyzing financial and/or monetary knowledge and formulating coverage recommendation primarily based on cautious analyses of advanced info. You’re a conceptual thinker and show a powerful consideration to element. You’ll be able to suggest, coordinate and lead work to investigate advanced points. You might be results-oriented with demonstrated adaptability and resilience to adjustments. Lastly, you’ve got good teaching expertise for each present and longer-term evaluation and analysis.Good-to-have

• information of and previous expertise in FMIs and their threat administration practices, in addition to an understanding of or expertise in creating insurance policies associated to FMI or financial institution decision
• information of normal monetary system points, threat administration ideas and disaster administration frameworks
• Data of the legal guidelines, laws, guidelines and pointers relevant to Canadian monetary markets or techniques and expertise of their interpretation or utility
• information in a number of of accounting, monetary threat administration, company regulation, insolvency and restructuring, or company finance

Your schooling and expertise

• a accomplished grasp’s diploma in economics or finance with a minimal of 5 years of related expertise in coverage growth associated to the monetary system

or

• a accomplished PhD diploma in economics or finance with a minimal of two years of related expertise in coverage growth associated to the monetary system

or

• an equal mixture of schooling and expertise could also be thought of

What you want to know

• Language requirement: English and French important (bilingual) with a minimal beginning stage of intermediate (stage 3) in second official language. Coaching could also be supplied to assist attain the required stage of useful (stage 4) in second official language.
• Precedence will likely be given to Canadian residents and everlasting residents
• Safety stage required: Be eligible to acquire Secret
• Relocation help could also be supplied, if required
• Please save a duplicate of the job poster. As soon as the deadline has handed, it is going to not be accessible.

Hybrid Work Mannequin #LI-HybridThe Financial institution presents work preparations that present staff with flexibility, allow high-performing groups, and help a wonderful office tradition. Most staff can telework from dwelling for a considerable a part of every month as a part of the Financial institution`s hybrid work mannequin, and they’re anticipated on website on the Financial institution location a minimal of eight days per 30 days to assist construct connections between colleagues. It’s essential to reside in Canada, and inside cheap commuting distance of the workplace.What you may count on from us
It is a nice alternative to affix a number one group and be a part of a high-performing workforce. We provide a aggressive compensation and advantages bundle designed to fulfill your wants at each stage of your life and profession. For extra info on key advantages please go to .

• Salaries are primarily based on {qualifications} and expertise and usually vary from $114,675 to $143,345 (job grade 18)
• The Financial institution presents an incentive for efficiently assembly expectations at 7 to 10% of your base wage. The Financial institution presents efficiency pay for individuals who exceed expectations (15% of your base wage).. Distinctive performers who far exceed expectations could also be eligible for greater efficiency pay.
• Versatile and complete advantages so you may select the extent of well being, dental incapacity and life and/or accident insurance coverage protection that meets your wants
• Additional trip days (as much as 5 annually) that you could buy so as to add to your trip entitlement
• Listed, defined-benefit pension #LI-POST

We want to thank all candidates for his or her curiosity and energy in making use of for this place. Solely candidates chosen for interviews will likely be contacted.

Anticipated wage

$114675 – 143345 per yr

Location

Ottawa, ON

Job date

Tue, 12 Mar 2024 23:06:39 GMT

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