Research Assistant (Bachelor’s Degree, Recent Graduates) (Various locations, ON, CA)

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City : Ottawa

Category : Other

Industry : Banking/Financial

Employer : Bank of Canada[:fr]Banque du Canada

Research Assistant (Bachelor's Degree, Recent Graduates)


Take a central role 
Each year, the Bank of Canada hires undergraduates as Research Assistants to support the important work undertaken at the Bank. Working at the Bank offers the unique opportunity to work with leading-edge tools at the centre of Canada’s economic and financial system. Research Assistants are employed across the economic and financial research departments of the Bank, all of which contribute to the execution of the Bank’s core functions. This is a great opportunity to gain valuable work experience before pursuing your graduate studies.


The Bank of Canada has a vision to be “a leading central bank—dynamic, engaged and trusted—committed to a better Canada.” You will be challenged, energized and motivated to excel in an environment where we are reinventing central banking, renewing ways of doing business and reinforcing a culture of innovation.


Most Research Assistant positions are located at the Head Office in Ottawa.  Positions could also be available in some of the regional offices across Canada.


About the position
As a Research Assistant you will participate in several projects concurrently and collaborate closely with peers and senior staff. By organizing your work and setting priorities, you will ensure that projects are completed in a timely manner. You’ll have access to the latest tools, such as Excel, Stata, R, SAS, MATLAB, RATS, Eviews, VBA, SQL, C++, C, Java, Python and Bloomberg, to assist you in collecting, organizing, manipulating and analyzing economic and financial data. You will also be involved in communicating the analysis of economic and financial data.


Your role could also include:

  • supporting talented researchers on economic and financial research projects
  • supporting economists and analysts in the development of policy recommendations within the Bank’s areas of responsibility, as well as supporting senior staff in preparing briefing notes for Governing Council
  • supporting the execution, reporting and risk management of the Bank’s activities in financial markets
  • adapting, designing or developing computer applications to aid in the statistical analysis of data
  • estimating economic relationships using econometric techniques by simulating, evaluating and adapting models 


Your education
For your candidacy to be considered, the completion date of your degree must be between January 1, 2017, and December 31, 2020.  


A Bachelor’s degree in one of the following:

  • Economics
  • Finance 
  • Commerce/Business Administration with Finance major 
  • Commerce/Business Administration with Economics major
  • Computer Science with Finance major or minor
  • Computer Science with Economics major or minor
  • Mathematics 
  • Statistics


Language requirement
English or French essential


Application process
All applicants must submit a completed online application including the following MANDATORY documents:

  1. a current curriculum vitae
  2. a cover letter (please tailor your cover letter to ensure you are describing why you are interested in working at the Bank and which core function interests you the most, and explain how this experience would help you further your career or research aspirations)
  3. official or unofficial transcripts of your undergraduate academic record. Relevant courses you have attended must be clearly identified by their course titles.


Interviews will be scheduled as early as:

  • Selected candidates will complete a programming exercise before the interview.
  • You will have 24 hours to complete and return the exercise before your scheduled interview.


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.

  • Salaries are based on qualifications and experience and typically range from $56,263 to $66,192 (job grade 13)
  • Depending on performance, you may be eligible for performance pay for successfully meeting (3 to 5% of your base salary) or for exceeding expectations (7% 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 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


For more information on key benefits, please visit
Additional information

  • Priority will be given to Canadian citizens and permanent residents
  • Security level required: Reliability or Secret 
  • There will be no relocation assistance provided


We encourage applications from women, Indigenous peoples, veterans, persons with disabilities, members of visible minorities and persons of all races, ethnic origins, religions, abilities, sexual orientations, and gender identities and expressions.


We wish to thank all applicants for their interest and effort in applying for this position; however, only candidates selected for interviews will be contacted.

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