About the role#
As a student in the Macrofinancial Modelling and Research team, you will support the Bank of Canada's monetary policy research. This position is a full-time, paid role for the Winter 2026 term. You will work within a hybrid model, requiring a minimum of 12 days on-site per month in Ottawa.
What you'll do#
- Clean, structure, and document large-scale earnings call transcript data to build a reusable research dataset.
- Develop and implement text-as-data methods to extract firm-level sentiment and topics, such as business outlook, cost pressures, and investment conditions.
- Explore the use of large language models within the Bank's secure research environment to analyze transcript data.
- Document all code, data processes, and analytical outputs to ensure reproducibility and facilitate knowledge transfer.
What you'll need#
- Current enrollment in a PhD program in Statistics or Economics.
- Strong programming skills in Python, specifically using NLP libraries for tokenization, embeddings, topic modeling, and sentiment analysis.
- Experience in collecting, organizing, and manipulating large volumes of unstructured text data.
- Familiarity with empirical research workflows, including data validation and clear documentation.
- Ability to communicate technical findings effectively to non-technical audiences.
- A commitment to self-development and the ability to adapt methods from academic literature.
- Preference for experience with Databricks, Apache Spark, or applying NLP in an economics or finance context.
Location & details#
- Location: Ottawa, Ontario.
- Work Modality: Hybrid.
- Employment Type: Full-time (37.5 hours per week).
- Eligibility: Priority is given to Canadian citizens and permanent residents. Candidates 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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