Role Overview
The Bank of Canada is seeking a Data Scientist to support economic research, policy analysis, and data-driven decision-making. The role involves applying data science, machine learning, and AI to challenging economic and research problems, helping economists and researchers make effective use of modern analytical techniques and technologies.
What You Will Do
As a Data Scientist, you will contribute to analytical initiatives that support economic research, forecasting, policy analysis, and evidence-based decision-making. Your responsibilities will include designing, developing, testing, and implementing statistical, econometric, ML, and AI models to address economic, research, and policy questions.
Why It Might Be a Fit
You will work on high-impact initiatives, experiment with emerging methods and technologies, and help modernize analytical and research workflows across the organization. You will be challenged, energized, and motivated to excel in our environment.
Requirements
- Master’s degree or higher in economics, econometrics, statistics, mathematics, data science, computer science, or a related quantitative discipline
- Minimum of four years of relevant experience applying quantitative methods, including statistical modelling, econometrics, ML, AI, or related analytical techniques
- Hands-on experience designing and delivering econometric and economic models using statistical, ML, and AI techniques
- Strong knowledge of quantitative methods, with experience in areas such as econometrics, forecasting, statistical modelling, machine learning, or AI
- Experience applying large language models (LLMs), generative AI, or other emerging AI technologies to analytical, research, or decision-support use cases
- Proficiency with programming languages or analytical computing environments such as Python, MATLAB, R, or similar tools
- Experience working with modern analytics platforms such as Azure, Databricks, or equivalent environments
- Experience working across the data science lifecycle, including data preparation, exploration, modelling, evaluation, and implementation
- Strong communication and collaboration skills, including the ability to explain analytical approaches and results to technical and non-technical audiences
Benefits
- Defined-benefit pension plan
- Flexible and comprehensive benefits
- Extra vacation days (up to five each year)
- Option to join the indexed, defined-benefit pension plan after 24 consecutive months of service
- Incentive for successfully meeting expectations at 5 to 7% of your base salary
- Additional performance pay (3%) for those who exceed expectations
- Option for higher performance pay for exceptional performers
To apply for this job please visit careers.bankofcanada.ca.
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