Bank of Canada Interview Questions

3 total interview insight submissions
Interview Experience (89%)

The Interview Experience is a score from 1 star (very negative) to 5 stars (very positive) generated based on the Interview Insights at this company.

The number you see in the middle of the doughnut pie chart is the simple average of these scores. If you hover over the various sections of the donut, you will see the % breakdown of each score given.

The percentile score in the title is calculated across the entire Company Database and uses an adjusted score based on Bayesian Estimates (to account for companies that have few interview insights). Simply put, as a company gets more reviews, the confidence of a "true score" increases so it is pulled closer to its simple average and away from the average of the entire dataset.

4.7
  • Very Negative
  • Negative
  • Neutral
  • Positive
  • Very Positive
Interview Difficulty (91%)

The Interview Difficulty is a score ranging from very difficult (red) to very easy (green) generated based on the Interview Insights at this company.

The number you see in the middle of the doughnut pie chart is the simple average of these scores. The higher the number, the more difficult the interviews on average. If you hover over the various sections of the doughnut, you will see the % breakdown of each score given.

The percentile score in the title is calculated across the entire Company Database and uses an adjusted score based on Bayesian Estimates (to account for companies that have few interview insights). Simply put, as a company gets more insights, the confidence of a "true score" increases so it is pulled closer to its simple average and away from the average of the entire data set.

3.7
  • Very Easy
  • Easy
  • Average
  • Difficult
  • Very Difficult

Interviews at Bank of Canada

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Filter by:
Year
Job Title
Group/Division
Location
Experience
Difficulty
1st Year Analyst
Year 2020
Job Title 1st Year Analyst
Group/Division Treasury
Location Ottawa
Experience
Very Positive
Difficulty
Difficult
1st Year Analyst
Year 2016
Job Title 1st Year Analyst
Group/Division Global Markets
Location Ottawa
Experience
Positive
Difficulty
Average
Assistant
Year 2010
Job Title Assistant
Group/Division All bank
Location Ottawa
Experience
Very Positive
Difficulty
Difficult

Interview Questions & Answers - Bank of Canada Examples

Research Assistant Interview - Treasury

Anonymous employee in Ottawa
Interviewed: November 2020
Date Submitted: Nov 06, 2021
Outcome
Accepted Offer
Interview Source
College / University / On Campus Recruiting
Length of Process
1-2 months
Application
Skills Test
Personality Test
Interview
- I was selected for an interview and told to complete a coding assignment a few days before the interview. They then would check your results (Linear regression and data cleaning questions).
- In the interview they asked both behavioural and technical macro questions, different departments will ask you vastly different questions. The finance department may ask you about the bond market, while the Economic Analysis department may ask how to model consumption.
- Central banking questions (Monetary policy and describing the transmission of monetary policy will definitely be included)
Interview Questions
- Explain correlation not meaning causation in an economic setting? (Its a very high level question and felt difficult to come up with a good example on-the-spot)
Sample Answer

Analyst Interview - Global Markets

Anonymous employee in Ottawa
Interviewed: 2016
Date Submitted: Jun 28, 2017
Outcome
Accepted Offer
Interview Source
Employee Referral
Length of Process
Less than 1 month
Application
Phone Interview
Group Interview
Background Check
Other
Interview
Hired through a senior employee referral.
Interview was average with some technical questions.
Manager was very honest and straight forward - called me from his cell at 9pm 2 days after the interview saying he wanted me on his team.
Interview Questions
There was no unexpected or difficult questions for someone with a basic background in finance.
Questions covered behavioral (mostly), basic programming skills, some tricky questions related to bond portfolios, duration, interest rate moves and convexity etc.

There was no unexpected or difficult questions for someone with a basic background in finance.
Questions covered behavioral (mostly), basic programming skills, some tricky questions related to bond portfolios, duration, interest rate moves and convexity etc.
Sample Answer

Research Assistant Interview - All bank

Anonymous employee in Ottawa
Interviewed: November 2010
Date Submitted: Jun 22, 2013
Outcome
Accepted Offer
Interview Source
Applied Online
Length of Process
1-2 months
Application
Phone Interview
Group Interview
Interview
The 1st round interview is a 30 minute phone interview where they ask you theoretical and practical questions on economics and econometrics (ie. current events like currency wars and commodity movements, economic modelling, monetary policy). The 2nd round interview consists of 2 rounds, each in front of 2 people from different departments. They ask you similar questions to the phone interview with more focus on econometric modelling - theory and in practice. No behavioural questions. New RA candidates are required to submit a statistical programming take home quiz. MA candidates are required to do a writing assignment.
Interview Questions
How would you model GDP? How would you model Exports? Should a central bank target asset bubbles? How would you model money demand? What are the assumptions behind OLS? How would you test your model? Various questions about the monetary transmission mechanism and IS/LM style questions (ie. if the Central bank does this, what will happen to this).
Sample Answer