Data & Analytics Specialist (Markets & Banking)
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: Working Here - Bank of Canada
Find out more about the next steps in our Recruitment process.
Also note that this position could be filled to work from Ottawa, Montreal or Calgary depending on the selected candidate.
What you will do
We are seeking a data specialist to design, develop and maintain analytical solutions within the Markets and Banking Department (MBD), as part of the Financial Markets Data Analytics (FMDA) division.
FMDA brings together expertise in financial data modelling, advanced analytics, data science and quantitative methods to strengthen how the department leverages data-driven intelligence in support of policy analysis, research and operations. In this role, you will work as part of the technical team to design, build, and implement data solutions that enable more insightful and efficient decision making.
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, test, and deploy data models and analytical workflows using established standards and best practices
- Partner with economists and market specialists to ensure data quality, automate analytical processes, and support financial modelling initiatives
- Build and maintain dashboards and visualizations that enable operational and strategic decision-making
- Document data solutions clearly, including data sources, transformations, methodologies, and assumptions
- Provide expert guidance to internal clients on data quality, interpretation and analytical approaches
- Communicate insights effectively through presentations tailored to both technical and non-technical audiences
- Contribute to continuous improvement, helping to evolve FMDA tools, standards and best practices.
What you need to succeed
You have experience:
- developing data models, including working experience with at least one SQL database format
- designing and implementing automated analytical workflows that produce clear, usable outputs
- creating compelling visualizations, including dashboards, presentations and reports
- applying business logic and data quality controls within data pipelines and analytical processes
Additionally, you bring:
- strong quantitative skills, with proficiency in at least one statistical or analytical language (e.g., Python, R, MATLAB)
- Hands-on experience with cloud-based analytics platforms such as Microsoft Azure, Databricks or Power BI/Fabric
- Familiarity with DataOps/DevOps practices and reproducible research tools (e.g., GitHub, notebooks, Markdown)
- The ability to work effectively in an agile, multidisciplinary team environment
- Strong collaboration skills, with the confidence to engage colleagues, contribute to discussions and navigate change constructively
Nice-to-have
- Experience working with financial markets data in a financial industry context
Your education and experience
This position requires a graduate degree in statistics, mathematics, computer science, finance or economics or a related discipline, along with a minimum of two (2) years of relevant experience developing data and analytical workflows using statistical tools. An equivalent combination of education and experience may also be considered.
Innovative Mindset
We value candidates who demonstrate adaptability, curiosity, and a willingness to learn new technologies, including AI and digital tools. We seek individuals who can think critically about data, question existing processes, and find ways to simplify our work while embracing change and new ways of doing things.
Language requirement
The Bank’s work environment is conducive to the use of both of Canada’s official languages - English and French. Although the position language requirement is English or French essential, we do encourage everyone to improve their second language proficiency for future career growth and to contribute towards fostering a bilingual environment.
What you need to know
- Priority will be given to Canadian citizens and permanent residents
- Security level required: Be eligible to obtain Reliability
- There will be no relocation assistance provided
- Please save a copy of the job poster. Once the closing date has passed, it will no longer be available.
- The official title for this position is “Data and Analytics Specialist ”
Hybrid Work Model
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 portion 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 12 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 A great deal to consider.
- Salaries are based on qualifications and experience and typically range from $94,193 to $110,816 (job grade 16)
- The Bank offers an incentive for successfully meeting expectations at 5 to 7% of your base salary. The Bank offers additional performance pay (3%) for those who exceed expectations. 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 and dental coverage that meets your needs
- Extra vacation days (up to five each year) that you can purchase to add to your vacation entitlement
- Option to join the indexed, defined-benefit pension plan after 24 consecutive months of service
We wish to thank all applicants for their interest and effort in applying for this position. Only candidates selected for interviews will be contacted.
