Associate Quantitative Analyst / Economist

Export Development Canada; Ottawa; Hybrid; CAD 72,000 - 98,000; Full time

Job summary

An established industry player is seeking a proactive Associate Quantitative Analyst/Economist to join their dynamic DREAM team. This role offers a unique opportunity to engage in data-driven research and economic analysis, contributing to the development of country risk models and scenario generation tools. The successful candidate will thrive in a fast-paced environment, collaborating with diverse teams to provide actionable insights that support Canadian exporters. If you have a passion for quantitative analysis and want to make a significant impact in international finance, this position is perfect for you.

Benefits

Relocation Assistance

Professional Development Opportunities

Flexible Work Environment

Diversity and Inclusion Initiatives

Qualifications

• 2+ years of experience in quantitative analysis or model development.
• Proficient in handling complex databases and macroeconomic data.

Responsibilities

• Contribute to forecasting efforts and scenario analysis within the DREAM team.
• Maintain and expand databases that drive economic models.

Skills

Data Processing

Statistical Analysis

Econometrics

Data Visualization

Communication Skills

Problem-Solving

Education

Bachelor's Degree in a Quantitative Field

CFA Certification (or progress towards)

Tools

Python

MS Excel

PowerBI

SAS Viya

Job description

Posting Date:

Feb 7, 2025, 8:40:58 PM

Primary Location:

Job Type:

Permanent

Schedule:

Full-time

Export Development Canada (EDC) is Canada's export credit agency, providing information, knowledge, and innovative solutions to help Canadian exporters and investors expand globally. We take on risks so Canadian businesses can take on the world.

Join Our Team

By joining EDC, you'll help Canadian companies bring their vision and innovation to the global marketplace. Your expertise will support over 25,000 Canadian companies in up to 200 markets worldwide. You'll work in an inclusive, collaborative environment that fosters professional growth and success, making a difference every day for companies, Canada, and your colleagues.

Recognition

EDC is consistently recognized as a Top 100 and Top Family-Friendly Employer. #LI-Hybrid

The Economics Team

The Economic and Political Intelligence Centre (EPIC) is crucial to EDC's mission, providing key insights and analyses to support Canadian exporters. EPIC's diverse team specializes in areas like country risk analysis, international macroeconomics, political science, geopolitics, financial sector analysis, research, impact analysis, quantitative modeling, global scenario generation, and data visualization.

EPIC innovates by producing specific, actionable insights on challenges and opportunities for Canadian exporters. We invest in data collection, analysis, and research initiatives, continually improving our data, analytics, modeling, and structured analytical techniques.

Our researchers and analysts collaborate with Statistics Canada, Canadian companies, industry associations, government departments, IMF, World Bank, and OECD. We offer training and networking opportunities to keep our team at the forefront of industry best practices.

EDC offers a unique opportunity to contribute to international finance through quantitative analysis, economics, and political science. We are seeking a candidate for the Data-driven Research, Economic Analysis, and Modeling (DREAM) team within the larger Economics team.

DREAM Team

• Focuses on long-term trends and conducts critical research to inform EDC's strategy.
• Produces content for marketing, external communications, and presentations to Canadian exporters.
• Develops economic and geopolitical models, including short-term economic risk, sovereign risk, commercial risk, political violence, expropriation/government interference, and transfer/convertibility.
• Models global scenarios, forecasting over 80,000 macroeconomic series across 180 markets and 60+ sectors.
• Standardizes EDC's market and industry data to unlock organizational efficiencies.
• Quantifies EDC's economic impact on Canada and advises on ways to measure impacts on Canadian exporters.
• Connects with peers at Canadian financial institutions, international organizations, and government departments to follow best practices and enable the broader team effectively.

Job Overview

Reporting to the Deputy Chief Economist and Director of DREAM, the Associate Quantitative Analyst/Economist will develop, document, build, monitor, and update in-house country risk and scenario generation models and databases. The role ensures compliance with internal policies and best practices, supports research and forecasting in the financial sector, and builds tools for economic and trade activities. Collaboration across the Economics team, corporate teams, and external stakeholders is essential. Ideal candidates are proactive, enjoy diverse tasks, and thrive in a fast-paced, multifaceted environment. This position offers a unique opportunity to make a significant impact in a dynamic setting.

Key Responsibilities

• Forecasting and Scenario Analysis: Contribute to DREAM’s forecasting efforts and scenario analysis.
• Database Management: Maintain and expand the team’s databases that drive tools and models.
• Standards and Compliance: Promote the proper usage of DREAM business rules, definitions, standards, and related applications through accessible procedures and documentation.
• Research and Review: Research and review external best practices, regulatory requirements, and the organization's risk appetite.
• Documentation and Compliance: Support the development of methodologies and procedures for incorporating country and sovereign risk into other EDC models, ensuring compliance with DREAM’s documentation requirements.
• Data Visualization: Enable the team with effective data visualization and tools to support standard forecasting, scenario, and modeling processes, including contributions to the team’s quarterly EDC IFRS compliance processes.
• Networking: Maintain and expand DREAM’s network of practitioners both internally and externally.

Screening Criteria:

• At least 2 years of experience in a quantitative field or model development.
• Proficient in handling large, complex databases, with some macroeconomic data experience.
• Skilled in data processing, statistical analysis, econometrics, and data visualization using Python, MS Excel, and PowerBI.
• Strong communication, problem-solving, and collaboration skills.
• Basic knowledge of risk management principles and practices, especially with data limitations.

Assets:

• Professional experience in finance, including forecasting financial sector variables, or training/certification in finance, such as CFA or progress towards CFA designation.
• Experience in a regulated financial institution.
• Expertise in database design and management.
• Familiarity with SAS Viya.
• Bilingual in French and English.
• Associate 16: Salaries typically range from $72,840 to $97,121 annually, based on qualifications and experiences, plus a performance-based incentive.

Location

• Export Development Canada is a hybrid work environment.
• This role will be performed from EDC’s headquarters in Ottawa.
• Relocation assistance is available for eligible candidates.

EDC's Commitment to Employment Equity

EDC is committed to employment equity and achieving a diverse workforce. EDC actively encourages applications from women, Aboriginal peoples, visible minorities, persons with disabilities, and members of the 2SLGBTQI+ community. If selected for an interview, please advise us if you need any special accommodation.

How to apply
Only candidates selected for an interview will be contacted. Application deadline: Feb 22, 2025, 4:59:00 AM. EDC is committed to employment equity and actively encourages applications from women, Aboriginal people, persons with disabilities, and visible minorities. If selected for an interview, please advise us if you require special accommodation. Candidates must meet the requisite government security screening requirements.