Project Manager

Project Manager

Take a central role

The Bank of Canada has a vision to be a leading central bank—dynamic, engaged and trusted—committed to a better Canada. No other employer in the country offers you the unique opportunity to work at the very center of Canada's economy, in an organization with significant impact on the economic and financial well-being of all Canadians. You will be challenged, energized and motivated to excel in our environment.

Building on the principles that have always guided us – excellence, integrity and respect – we strive to be forward-looking and innovative, to welcome people with diverse perspectives and talents, and to earn trust by living up to our commitments and by clearly explaining the intent of our policies and actions.

With our defined-benefit pension plan, benefits, and high flexibility for work life balance - find out more about why we are annually ranked as one of Canada's top employers.

About the Supervision Department and the Stablecoin Mandate

A stablecoin is a digital asset designed to maintain a stable value relative to an underlying asset, such as those that are pegged to a reference fiat currency (e.g., CAD). Stablecoins are currently primarily used when trading cryptocurrencies but as the payments landscape in Canada and globally evolves stablecoins are introducing innovative ways for consumers and businesses to make payments. Following Royal Assent of the Stablecoin Act, the Bank of Canada will be responsible for regulating and supervising stablecoin issuers and payment service providers using stablecoins. This includes setting and enforcing expectations related to:

• reserve asset management
• redemption
• operational and technology risk

The Payments and Regulatory Oversight Department is leading the Bank's preparation for this new mandate, building on the foundation established under the Retail Payment Activities Act (RPAA).

What you will do

Under the direction of the Director, Stablecoin Supervision, the Project Manager is accountable for leading the planning and execution of major delivery workstreams that collectively support the implementation of the stablecoins supervisory framework.

While the Director maintains overall accountability for mandate scope, design, sequencing, and strategic direction, the Project Manager is responsible for end‑to‑end delivery leadership of assigned workstreams.

You will:

• Lead the planning and execution of project workstreams across policy, operations, and technology
• Develop, maintain, and evolve integrated work plans, schedules, and delivery strategies
• Manage the schedule, scope, and delivery risks of assigned workstreams, identifying trade‑offs and recommending actions to maintain delivery integrity
• Coordinate day‑to‑day cross‑departmental dependencies and hand‑offs with internal partners to ensure delivery coherence and momentum
• Shape delivery reporting, performance indicators, and escalation mechanisms to support timely and informed decision‑making
• Support go‑live readiness activities and implementation hand‑offs for assigned workstreams, ensuring operational, supervisory, and technical readiness criteria are met
• Support engagement with key external stakeholders where input on project delivery is needed
• Contribute to delivery practices, tooling, and governance

What you need to succeed

• Demonstrated ability to lead complex delivery work in environments with evolving requirements and multiple internal and external dependencies
• Strong written and verbal communication skills, with the ability to clearly convey delivery status, risks, and trade‑offs to stakeholders
• Sound judgment and decision‑making skills, with the ability to identify delivery risks, implement solutions, or escalate when needed
• Proven ability to manage competing priorities, adapt plans, and maintain delivery momentum under uncertainty
• Strong collaboration and stakeholder‑management skills

Nice-to-have

• Project Management Institute (PMI) certification or other relevant professional designations
• Experience managing medium to large technology‑enabled initiatives, regulatory programs, or complex operational projects
• Experience leading delivery workstreams that involve business process design, operational readiness, and cross‑functional coordination

Your education and experience

The position requires a college diploma with a minimum of 8 years of relevant experience, an undergraduate degree with a minimum of 7 years of relevant experience or an equivalent combination of education and experience may be considered.

Innovative Mindset

We value candidates who demonstrate adaptability, curiosity, and a willingness to learn new technologies, including AI and digital tools. We seek individuals who can think critically about data, question existing processes, and find ways to simplify our work while embracing change and new ways of doing things.

Language requirement

The Bank's work environment is conducive to the use of both of Canada's official languages - English and French. The position language requirement is Level 5 (Fully Functional). If a qualified candidate who meets the language requirement of the position is not found, a qualified candidate who does not meet the language requirement may be considered. Training may be provided to help reach the required level. Both bilingual and unilingual candidates are encouraged to apply.

What you need to know

• Priority will be given to Canadian citizens and permanent residents
• Security level required: Be eligible to obtain Secret
• There will be no relocation assistance provided

Hybrid Work Model

The Bank offers work arrangements that provide employees with flexibility, enable high-performing teams, and support an excellent workplace culture. Most employees can telework from home for a portion of each month as part of the Bank's hybrid work model, and they are expected on site at the Bank location a minimum of 12 days per month to help build connections between colleagues. You must live in Canada, and within reasonable commuting distance of the office.

What you can expect from us

This is a great opportunity to join a leading organization and be part of a high-performing team. We offer a competitive compensation and benefits package designed to meet your needs at every stage of your life and career.

Salaries: typically range from $126,765 to $149,135 (job grade 18)

The Bank offers an incentive for successfully meeting expectations at 7 to 10% of your base salary. The Bank offers additional performance pay (5%) for those who exceed expectations. Exceptional performers who far exceed expectations may be eligible for higher performance pay.

Benefits:

• Flexible and comprehensive benefits so you can choose the level of health and dental coverage that meets your needs
• Extra vacation days (up to five each year) that you can purchase to add to your vacation entitlement
• Option to join the indexed, defined-benefit pension plan after 24 consecutive months of service