Senior Economic Analyst-(Hybrid)

Central 1; Toronto; On-site; CAD 80,000 - 95,000; Full time

Job summary

A leading financial services organization in Toronto seeks a Senior Analyst to provide data-driven insights and economic analysis. This role involves researching economic trends, developing econometric models, and presenting findings. The ideal candidate will have a relevant degree and substantial experience in data analysis, along with strong communication skills. The position offers a competitive salary range of $80,000-$95,000, with additional benefits including work-life flexibility and a hybrid work environment.

Benefits

Work-life flexibility

Hybrid work environment

Variable annual incentive plan

Generous annual vacation allotment

Flexible benefits plan

Retirement plan with matched contributions

Access to a learning platform

Virtual wellness platform

Career development opportunities

Wellness Flex Fund

Paid volunteer day

Corporate discounts

Qualifications

• 2-5 years of experience in data analysis in an economic context.
• Ability to communicate economic trends effectively in writing.
• Experience with large databases and data programming.

Responsibilities

• Analyze economic trends and produce written reports.
• Develop econometric models and maintain economic databases.
• Present analysis findings at community events.

Skills

Data analysis

Econometrics

Communication skills

Research

Knowledge of economic trends

Education

Master’s or Bachelor's degree in Economics or Business

Tools

R

Python

EViews

SPSS

Microsoft Excel

PowerPoint

InDesign

Job description

What we offer :

• Work-life flexibility
• Hybrid workenvironment
• Variable annual incentive plan
• Generous annual vacation allotment
• Top-notch flexible benefits planincluding family building and gender affirmation
• Retirement Plan, matched contributions at 6%
• Access toa learning platform and educational assistancesupport
• Access to a virtual wellness platform
• Career development opportunities
• Wellness Flex Fund to support personal interest and activities
• Day off to volunteer in your community andother paid time off options
• Corporate discounts
• subject to employment agreement

Job Summary :

As a Senior Analyst on Central 1’s R Economics team, you’ll play a key role in delivering data-driven insights, thought leadership, and analytical tools that support both Central 1 and our credit union clients.

Reporting to the Chief Economist, you’ll research and analyze economic trends, co-author flagship publications such as the and economic outlooks, and present findings that inform strategic decision-making across the credit union system.

You’ll collect and interpret data, develop econometric models, and create visual dashboards and tools that translate complex information into actionable insights. As a trusted expert, you’ll also represent Central 1 through speaking engagements across BC and Ontario, showcasing your analytical expertise and communication skills.

If you’re passionate about turning data into strategy and enjoy combining research, writing, and client engagement, this is an opportunity to make an impact in the financial cooperative space.

What you'll be doing :

Write timely economic and data analyses on high-frequency indicators for inclusion in Weekly Economic Briefings.

Contribute analysis for departmental forecast publications, including the BC and Ontario Economic Outlooks and Regional Outlook Reports.

Author department reports such as the Employment Insurance Report, Insolvencies Report, Monthly Housing Report, and Treasury Market Moment.

Design, develop, and maintain the Regional Economic Dashboard for the Economics team.

Extract and analyze data from internal and external databases using various software tools, developing code to prepare and maintain detailed reports on the financial performance of credit unions, the economy, and housing markets. Provide commentary to accompany these reports.

Update, refresh, and recode existing publications to improve efficiency within the department.

Support the department’s knowledge base through research assistance and by developing and maintaining data products and economic databases using tools such as R, EViews, HAVER, SPSS, and others as needed.

Share responsibility for publishing the semi-weekly interest rate and broker rate surveys, which involve primary data collection and database maintenance.

Respond to information requests from Central 1 and credit union management regarding economic, system, or credit union financial and statistical data.

Produce and distribute the department’s suite of economics and credit union financial data publications (via the website), including the development of templates, style sheets, graphics, and editing using desktop publishing software.

Maintain and update presentation slide decks for department and executive use.

Serve as the operational liaison for the credit union financial database and software managed by the BCFSA.

Manage weekly Mailchimp communications, website materials for the HUB, and oversee Economics Centre and Treasury Knowledge Centre postings. Track engagement using Google Analytics.

Present at credit union, client, and community events as approved by the Chief Economist.

What you'll have :

A Master’s degree in Economics, or Business with 2 to 5 years experience, or a Bachelor’s degree in Economics or Business with 5-7 years applicable experience. A working knowledge of finance, accounting, treasury is an asset.

5-7 years of relevant work experience with previous presentation experience

Full driver’s license and access to vehicle is required. Some travel across B.C. and Ontario is expected, and driving is necessary

Demonstrated ability to communicate economic trends through concise written analysis for a general audience

Familiarity and demonstrated knowledge in working with a combination of data programming languages / software including R or Python, Eviews, SPSS

Proficiency in working with large databases is required as you will be required to work with BCFSA, DICO, Landcor, HAVER etc. database

Proficiency in Microsoft Office, specifically Excel, PowerPoint, Wordpress

Some familiarity with report design software such as InDesign or similar software

Accuracy and attention to detail, as well as a high degree of professionalism in communicating with regulatory bodies and external clients

You know the most effective and efficient processes to get things done, with a focus on continuous improvement.

Ability to exercise sound judgment and tact, prioritize their own workload to meet deadlines and maintain a high degree of confidentiality.

Salary range : $80,000-$95,000

The salary range representsthe job rate determined for the successful candidate who is fully competent in the role. The actual salary will vary depending on market conditions and relevant job-related factors such as knowledge, skills, qualifications, experience, and education / training.

#LI-Hybrid

Central 1 is an equal opportunity employer and committed to building an inclusive workforce by creating an environment where everyone feels like they belong and has the opportunity to be successful. We welcome all applicants to join our diverse workforce and we will provide an accessible candidate experience including, but not limited to accommodations to interview sites and alternate formats upon request to our Recruitment team.