Scotiabank

Economist, Provincial

Scotiabank • $80K — $95K *
Toronto, ON M3C 0E3In-Person
Education, Government & Non-Profit
Less than 5 years of experience
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Job Overview by Ladders

Qualifications

  • Graduate degree in economics.
  • Minimum 2 years of related experience in economic/fiscal analysis.
  • Proficient in econometrics with hands-on experience in statistical programming (e.g., EViews, Stata, R).
  • Interest in applying AI and LLMs to enhance economic analysis.
  • Solid understanding of fiscal, monetary, and structural policy landscape.

Responsibilities

  • Analyse and forecast provincial economies and vehicle sales using econometric tools.
  • Report on provincial budgets and major fiscal developments.
  • Track and analyse tariff developments and draft reports on economic issues facing Canada.
  • Integrate advanced technologies and alternative data sources into economic research.
  • Deliver clear and impactful economic commentary through various mediums.
  • Collaborate across teams to support strategic decision-making and departmental priorities.
  • Drive a customer-focused culture to enhance client relationships and support corporate strategies.

Benefits

  • Flexible working environment that encourages collaboration and innovation.
  • Access to advanced technologies and tools for research purposes.
  • Opportunities for professional development and career advancement.
  • Engagement with internal and external stakeholders to foster relationships.
  • A strong emphasis on work-life balance and employee well-being.
Full Job Description
Requisition ID: 269679

Job Purpose

Reporting to the Director, Economic Policy, the economist will provide timely research, analysis, and forecasts related to provincial economies, the auto sector, and other topical economic issues. This role enhances Scotiabank Economics' insights by strengthening macroeconomic analysis, informing economic policy analysis, and delivering high-impact commentary to internal and external stakeholders in a fast-paced environment. Success in this role requires a solid economic background, strong communication skills, intellectual curiosity, flexibility, and a collaborative nature.

Is this role right for you? In this role, you will be involved in:

  1. Provincial and auto sector analysis and forecasting
  • Analyse and forecast provincial economies, including using econometric tools.
  • Report on provincial budgets, mid-year updates, and other major fiscal developments.
  • Analyse and forecast vehicle sales.
  • Apply a wide range of econometric, statistical, and computational tools to analyze economic trends, policy impacts, and thematic issues to generate data-driven insights.


  1. Trade and other topical issues
  • Track and analyse tariff developments.
  • Analyze and draft reports on topical economic issues facing Canada.


  1. Innovate using emerging tools and data
  • Integrate advanced technologies (e.g., AI, LLMs) and alternative data sources (e.g., big data, high-frequency indicators) into economic research.
  • Develop insights that support strategic decision-making for senior management, the Chief Economist, Directors and VPs.
  • Collaborate across teams to deliver joint outputs and advance department-wide priorities.


  1. Communicate insights to diverse audiences
  • Deliver clear, impactful economic commentary through reports, presentations, and media engagements.
  • Prepare thought leadership pieces for industry publications to strengthen Scotiabank's brand.
  • Provide perspectives on both specialized topics and the broader economic outlook as needed.
  1. Expand Scotiabank Economics' collaborative efforts to bolster Scotiabank's financial performance and advance its strategic objectives:
  • Drive a customer-focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
  • Liaise with other departments within the organization, as needed, to develop strategies and provide economic analyses, forecasts, and perspectives to support broader corporate objectives.


Do you have the skills that will enable you to succeed? We'd love to work with you if you have the following:

  • Strong working knowledge of economics, financial markets, and macroeconomic analysis.
  • Proficient in econometrics with hands-on experience in statistical programming (e.g., EViews, Stata, R).
  • Ability to design and execute original, innovative, and client-focused research projects, and collaborate with policy analysts to translate complex findings into actionable insights or policy recommendations.
  • Interest and experience in applying artificial intelligence (AI) and large language models (LLMs) to enhance economic analysis.
  • Solid understanding of the fiscal, monetary, and structural policy landscape and its implications for sustainable economic growth.
  • Demonstrated ability to produce accurate, high-quality work under pressure and within tight deadlines.
  • Excellent written and verbal communication skills, with strong organizational and presentation abilities.


Educational/Work Experience

  • Graduate degree in economics.
  • Minimum 2 years related experience in economic/fiscal analysis.
  • Experience working with emerging tools and datasets.
  • Proven track record of economic and fiscal analysis and/or publication experience.


Location(s): Canada : Ontario : Toronto

Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.

About Scotiabank

Scotiabankers are committed to helping individuals, companies, and communities to thrive in a changing world. From personal and business banking, brokerage, and insurance, to private wealth, and the most sophisticated commercial, corporate and institutional services, they serve the diverse needs of some 21 million customers in more than 55 countries. Founded in 1832 in Halifax, Nova Scotia, their growth has always been fuelled by the success of their customers and their longevity secured by an unshakable commitment to carefully and expertly managing risk and capital. That focus on doing what's right for customers—short- andlong-term—has made us a global financial services leader. Headquartered in Canada, they are over 86, 000 Scotiabankers strong. Each of us are committed to being the best at understanding their customers' needs and all of us working together to deliver practical advice and relevant solutions that help their customers become financially better off.

Scotiabank Careers

Join Scotiabank, a premier financial institution, and become part of a diverse and inclusive team that’s leading the way in global banking. At Scotiabank, we offer more than just job opportunities; we provide a platform for professional growth and innovation in the financial services industry.

Work You’ll Do

At Scotiabank, we’re not just filling positions; we’re cultivating leaders. Dive into a workplace where diversity training and leadership development shape the path to your future. Our commitment to professional growth is evident in our robust training programs and continuous learning opportunities that foster innovation and strategic thinking.

Explore a World of Opportunities

Whether you’re looking for a full-time position, an internship, or a leadership role, Scotiabank has a spectrum of opportunities to fit your career ambitions. Our team is composed of individuals who bring a wealth of skills and perspectives to our company, driving us forward with their creativity and strategic insights.

Innovative Work Environment

Scotiabank’s culture is one of collaboration and respect, where each team member’s contribution is valued. Engage in meaningful work that challenges you to leverage your skills and push the boundaries of what’s possible in the banking sector. Our innovative projects not only support the growth of the company but also ensure our position as a leader in the industry.

Benefits and Growth

Choosing a career at Scotiabank means opting for a life of growth and opportunity. Our employees enjoy competitive benefits, including comprehensive health coverage, retirement plans, and flexible working conditions, all designed to support your career and personal life. We believe in nurturing our team’s potential by providing them with the tools they need to succeed both professionally and personally.

Join Our Team

Ready to take the next step in your career? Explore the job opportunities at Scotiabank by searching our open positions that match your skills and interests. We are continuously hiring and looking for passionate, curious, and solution-driven team players.

Networking and Professional Development

Stay connected and advance your career through Scotiabank’s extensive networking opportunities. Participate in events that connect you with other professionals and leaders within the industry. Our career resources will help you prepare your resume, ace your interviews, and land the job that best suits your career goals.

Stay Ahead

Keep up to date with the latest in career tips, industry insights, and company news—all from the people who work here at Scotiabank. Personalize your experience by subscribing to job alert emails tailored to your preferences and be the first to know about new openings and exciting developments. Join Scotiabank and be part of a team that values integrity, respect, and accountability. Discover how your career can flourish in an environment committed to your professional development and personal growth.
Learn more about Scotiabank
Size
90,619 employees
Market Cap
$57.5 billion
Industry
Finance & Insurance
5 Year Trend
+7%
NASDAQ
BNS
* Ladders Estimates

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