I applied online. The process took 6 weeks. I interviewed at Bank of Canada in Oct 2017
Interview
I'm a new grad and applied online via their website in the fall preceding my graduation. Was contacted a few weeks later with a list of departments who were interested in my candidacy and details regarding a "programming exercise" and a date for a Skype interview.
The "exercise" is a simple assignment that mostly involves using excel to analyze StatsCan data and a basic STATA problem. You're given 24 hours to complete and submit it. The Skype interview is an hour long, between you and members of the departments that are interested you, ranging from 3-6 interviewers. They'll typically take turns asking you various questions -- some more behavioural ("Tell us about a time you worked in a team"- type questions) and some more econometrics-based. The questions seemed to be largely predetermined, however, they vary across candidates. I was also given a very simple market-sizing/brainteaser type question. At the end of my interview, I was told that there was no set date as to when they would be reaching out with their final decision.
I was contacted about a week after my Skype interview with a request for the contact information of 2-3 references. About three weeks after the Skype interview, I got a call with the offer.
I'd suggest studying the various departments/functions of the bank, your econometrics/macro notes, as well as brainstorming and answering possible behavioural questions.
Straightforward with coding assessment and interview. Went through a first process then invited for the coding assessment and then invited for an interview where there was a mix of coding and knowledge questions on finance and economics, depending on the department that is interviewing you.
I applied online. The process took 3 weeks. I interviewed at Bank of Canada (Ottawa, ON) in Mar 2024
Interview
The interview style depends on the team you are interviewing for. Prepare accordingly with general economics knowledge. They push you and try to see how far your knowledge will go until you can not really answer. This shows how you think about the position
Interview questions [2]
Question 1
Interest rate relationships to various macroeconomic trends
One technical assessment and one interview. You get 48 hours in the technical assessment. Interview was relatively difficult, includes question on macroeconomic theory, monetary policy, and a good understanding of current issues. Very little behavioural questions
Interview questions [1]
Question 1
Tell us something about yourself and why you are interested in working here