FSS Senior Analyst

Requisition Number:  10931 

Position Type:  Permanent

 Position Length:  Indeterminate

 Location:  
Ottawa (Downtown), ON, CA 


Remote Work:  Hybrid Model 

Closing Date:  June 15, 2025 23:59 EST 


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.

Contact [email protected] to discuss how.

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). 


FSS Senior Analyst


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.


Did you know?
The Supervision Department’s Market Infrastructures Oversight Division (MID) oversees financial market infrastructures (FMIs) designated as systemic, including central counterparties and Canada’s securities settlement system. These FMIs process billions of dollars of trades per day, including clearing and settling them. These systems are a crucial backbone of the Canadian financial system and MID’s role is to ensure their operators adequately manage their risks and that their critical services can continue to be provided even under extreme stress. The division also monitors regulatory and industry developments, conducts research and analysis on FMI–related issues, and provides policy recommendations to support the Bank’s role in domestic and international fora, including the BIS Committee on Payments and Market Infrastructures (CPMI).

What will you do
You will work closely with the Director and staff in the Division to conduct oversight for one or more designated systems. In this role, you will lead and conduct original, high-quality analysis supporting policy recommendations related to systems design, operations, and risk management. You will apply your knowledge and experience in risk management to understand risks faced by the designated systems; assess their risk management practices against the Bank of Canada’s standards; and help identify areas where their risk-management practices should be improved. To conduct your analysis, you will engage with a variety of stakeholders, including counterparts at the operators of designated systems, other divisions within the Bank, and at provincial securities commissions. You will provide recommendations on oversight matters in written and verbal form to senior management.
 
What need to succeed
Your skills include excellent problem-solving and analysis, allowing you to synthesize economic, financial, and risk information effectively. You can propose, organize, and conduct detailed policy and analytical projects, providing informed advice. Your strong communication skills enable you to convey complex information clearly to various audiences. You are flexible and can adapt to changing work environments and priorities while efficiently managing multiple tasks. You build and maintain strong relationships with peers, leaders, and stakeholders. You work well both in teams and independently, showing self-motivation, initiative, and attention to detail, even under tight deadlines.

Nice-to-have

• • Chartered Financial Analyst (CFA), Financial Risk Management (FRM) or Professional Risk Manager (PRM) designation/certification, or the completion of courses towards these designations or certifications.
  • knowledge of payment clearing and settlement systems
  • experience supervising financial sector firms.
  • practical experience with, or knowledge of, risk-management practices at financial institutions, technology firms, or other industries.
  • experience developing policy related to the financial or technology industries.  
  • experience participating in international or domestic inter-agency committees or working groups.
  • experience analyzing financial data using a programming languages such as Matlab, R, or Python
  • knowledge and experience with cyber security risk management frameworks and principles (e.g. NIST, ISO) relevant industry certifications (e.g. CISPP). 

 

Your education and experience
This position requires a minimum of four years of recent work experience related to risk management in the financial sector along with a master's degree in economics or finance. Equivalent combination of education and experience may be considered.

 

 

Language requiremen
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 second their 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 
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  • Please save a copy of the job poster. Once the closing date has passed, it will no longer be available.

 

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 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 A great deal to consider. 

 

• • Salaries are based on qualifications and experience and typically range from $108,874 to $128,087 (job grade 17)
  • The Bank offers an incentive for successfully meeting expectations at  7 to 10% of your base salary. The Bank offers additional performance pay (5%) 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, 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

 

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