About the role#
The Bank of Canada is hiring a student for the Macrofinancial Modelling and Research team. This role supports the Monetary Policy function by analyzing financial market data. You will work within a research environment to process large datasets and contribute to ongoing economic analysis.
What you'll do#
- Clean, structure, and document large-scale earnings call transcript data to build a reusable research dataset.
- Create and implement text-as-data methods to extract firm-level sentiment and business outlook topics.
- Explore the use of large language models within the secure research environment to assist with data analysis.
- Maintain documentation for code and data processes to ensure knowledge transfer within the department.
What you'll need#
- Enrollment in a PhD program for Statistics or Economics.
- Programming skills in Python, specifically using NLP libraries for tasks like tokenization, embeddings, topic modeling, and sentiment analysis.
- Experience collecting and organizing large volumes of unstructured text data.
- Familiarity with empirical research workflows, including data validation and reproducibility.
- Ability to explain technical findings to a non-technical audience.
- A commitment to learning and adapting methods from academic literature.
Location & details#
- Location: Ottawa, Ontario.
- Term: Winter 2026.
- Modality: Hybrid, with a minimum of 12 days per month on-site.
- Status: Full-time, paid position.
- Eligibility: Priority is given to Canadian citizens and permanent residents. You must be eligible to obtain Reliability security clearance.
About Bank of Canada
The Bank of Canada acts as the central bank for the country. It focuses on maintaining stable inflation and promoting economic welfare. Founded in 1935, the organization manages currency and provides regulatory oversight for the financial system. It maintains a staff of over 2,500 employees with headquarters in Ottawa.
How to get in at Bank of Canada
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