Senior Financial Data Analyst

Senior Financial Data 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. 

What you will do 
The Financial Institutions Statistics (FIS) team in the Data & Digital Services department is responsible for the collection and management of regulatory data reported to the Bank of Canada from federally regulated financial institutions. Leveraging your expertise in both the financial data and Regulatory Reporting System, you will design innovative solutions to adapt to evolving technologies and address emerging data challenges and requests. You will develop and maintain deep subject-matter knowledge of chartered bank financial data, collaborating with internal and external partners to enhance data collection and usage. In this role, you will lead projects and participate in committees, where your ability to understand and clearly communicate data insights will be essential. You will also foster strong working relationships, sharing your expertise to uphold the high quality of the data services and products provided.

More specifically, you will:
•    Lead the development work of regulatory data collection, such as creating new bank returns, ensuring user requirements and reporting standards/deadlines are met
•    Lead the adoption of new technology and tools such as Databricks and PowerBI for ongoing process improvements, including modifying scripts and formulas from legacy code to PySpark and/or SQL and creating data visualizations 
•    Be responsible for the validation and timely publication of data submissions to fulfill the Bank’s reporting commitments to the Bank for International Settlements, Financial Stability Board, and International Monetary Fund
•    Apply advanced technical skills and in-depth knowledge of regulatory data, reporting standards, and the financial industry to respond to complex data requests
•    Represent FIS and the Bank of Canada on subject-matter working groups with other internal departments, partner and/or stakeholder agencies and international organizations  
 
What you need to succeed

•    Deep knowledge of banking data or accounting practices and in-depth knowledge of data quality assurance methods
•    Experience with the compilation of statistics and publication of data as well as creating and modifying these processes
•    Advanced coding skills and are strong in at least one programming language (e.g., PySpark, Python, SQL, DAX)
•    Sound judgment for decision-making and strong attention to detail
•    Ability to communicate complex information clearly and effectively, both in writing and verbally, to a range of audiences 
•    Ability to work quickly and accurately while handling multiple competing priorities 
•    Proactive and self-driven, with a strong ability to identify next steps and advance both individual and team objectives  
 
Nice-to-have 
•    Knowledge of the Bank’s processes for regulatory data collection from financial institutions
•    Experience working in a regulatory reporting environment or data reporting area of a financial institution
•    Proficiency in relevant software tools, such as Azure Data Factory, Databricks, SAS, Stata
•    Knowledge of Canadian financial market structures and financial market instruments
•    Hold a relevant master’s degree (economics, finance, or a closely related field).
 
Your education and experience
This position requires a bachelor’s degree in economics, accounting, finance, computer science, mathematics or statistics along with a minimum of four years of related work experience – such as analyzing financial data and developing recommendations or reports – demonstrating increasing levels of responsibility over time. An equivalent combination of education and experience may be considered.
 

Language requirement

The Bank’s work environment is conducive to the use of both of Canada’s official languages - English and French.  The position language requirement is Level 5 (Fully Functional).  If a qualified candidate who meets the language requirement of the position is not found, a qualified candidate who does not meet the language requirement may be considered. Training may be provided to help reach the required level.  Both bilingual and unilingual candidates are encouraged to apply. 

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. 

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.

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

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 $92,346 to $108,643 (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.