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Economic Modelling Jobs in Ontario (NOW HIRING)

National Bank

Although the emphasis is placed on analysis, financial modelling and written presentations ... accounting, economics or engineering is preferred, with a track record of strong academic ...

National Bank

Investment Banking Analyst

Toronto, ON · On-site

Although the emphasis is placed on analysis, financial modelling and written presentations ... Undergraduate or graduate degree in finance, accounting, economics or engineering is preferred ...

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Economic Modelling information

What is economic modelling?

Economic modelling is the process of creating mathematical frameworks and simulations to represent economic processes, relationships, or systems. These models help economists analyze complex scenarios, forecast outcomes, and evaluate the impact of policy decisions or market changes. Economic models can be simple or highly complex, depending on the variables and assumptions involved. They are widely used in government, academia, and business to guide decision-making and understand economic dynamics.

What do economic modelling do?

Economic modelling involves creating mathematical representations of economic systems to analyze and forecast economic behavior and outcomes. Economists use these models to inform policy decisions, assess risks, and evaluate the potential impact of economic changes, often utilizing statistical tools and data analysis skills.

What is the difference between Economic Modelling vs Data Analyst?

AspectEconomic ModellingData Analyst
Required CredentialsDegree in Economics, Finance, or related field; often requires advanced degreesBachelor's or Master's in Data Science, Statistics, or related field
Work EnvironmentResearch-focused, often in finance, government, or consulting firmsBusiness or tech companies, analyzing large datasets
Employer & Industry UsageUsed in economic forecasting, policy analysis, financial modelingUsed in marketing, operations, and business intelligence

Economic Modelling and Data Analysts both work with data, but Economic Modelling focuses on creating economic forecasts and financial models, often requiring advanced economics knowledge. Data Analysts interpret data to inform business decisions, typically with a stronger emphasis on data manipulation and visualization. While overlapping skills exist, their primary applications and industries differ.

What are some common challenges faced by professionals in economic modelling roles, and how can they be addressed?

Economic modelling professionals often encounter challenges such as managing incomplete or inconsistent data, adapting models to rapidly changing economic conditions, and effectively communicating complex findings to non-technical stakeholders. Addressing these issues typically involves collaborating closely with data analysts and subject matter experts to enhance data quality, staying current with economic trends, and developing strong presentation skills to translate technical results into actionable business insights. Proactively seeking feedback and participating in cross-functional teams can also help in overcoming these challenges and delivering impactful work.

What are the key skills and qualifications needed to thrive as an economic modeller, and why are they important?

To thrive as an Economic Modeller, you need a strong background in economics, mathematics, and statistical analysis, often supported by a degree in economics or a related field. Proficiency with technical tools such as Excel, statistical software (e.g., Stata, R, or Python), and econometric modelling platforms is typically required. Strong analytical thinking, attention to detail, and the ability to communicate complex findings clearly help individuals stand out in this role. These skills are crucial for producing accurate forecasts, informing policy or business decisions, and effectively conveying model insights to stakeholders.
What are popular job titles related to Economic Modelling jobs in Ontario? For Economic Modelling jobs in Ontario, the most frequently searched job titles are:
What job categories do people searching Economic Modelling jobs in Ontario look for? The top searched job categories for Economic Modelling jobs in Ontario are:
Economic Modelling jobs near you
Infographic showing various Economic Modelling job openings in Ontario as of August 2026, with employment types broken down into 94% Full Time, and 6% Part Time. Highlights an 97% Physical, 1% Hybrid, and 2% Remote job distribution.

Associate Director - Decision Support & Value Optimization

Turner & Townsend

Toronto, ON • Hybrid

Full-time

Medical, Dental, Retirement

This job post has expired today. Applications are no longer accepted.

Job description

Company Description

Turner & Townsend is a global professional services company with over 22,000 people in more than 60 countries. 

Working with our clients across real estate, infrastructure, energy and natural resources, we transform together delivering outcomes that improve people’s lives. Working in partnership makes it possible to deliver the world’s most impactful projects and programs as we turn challenge into opportunity and complexity into success. 

Our capabilities include program, project, cost, asset and commercial management, controls and performance, procurement and supply chain, net zero and digital solutions. 

We are majority-owned by CBRE Group, Inc., the world’s largest commercial real estate services and investment firm, with our partners holding a significant minority interest. Turner & Townsend and CBRE work together to provide clients with the premier program, project and cost management offering in markets around the world. 

As the Associate Director you will lead the process and decision-support design needed to convert structured information into better capital, lifecycle, and portfolio decisions, including front-end process, stage-gate logic, TCO, and the application of P4A and AssetIO approaches. 

Job Description
  • Define and structure the front-end investment lifecycle, guiding projects from concept through feasibility to final investment decision
  • Develop and implement stage-gate frameworks, including clear approval logic, governance criteria, and decision authority levels
  • Oversee Total Cost of Ownership (TCO) and whole-life cost modelling, ensuring CAPEX and OPEX considerations are fully integrated into early-stage decisions
  • Lead the integration of value, objectives, risk, and asset criticality into decision-making frameworks to support balanced, data-driven outcomes
  • Establish standardized methodologies and tools for evaluating investment options, including financial, technical, and operational trade-offs
  • Define and embed the implementation basis for P4A and AssetIO, ensuring alignment between project delivery, asset data structures, and long-term operational performance
  • Collaborate with engineering, finance, and operations teams to ensure consistency between design intent, cost modelling, and asset strategies
  • Ensure all front-end deliverables are decision-focused, practical, and aligned with real investment outcomes rather than purely analytical outputs
  • Provide clear, defensible recommendations supported by traceable assumptions, risk analysis, and value assessments
  • Drive continuous improvement of investment governance, decision frameworks, and lifecycle integration practices
Qualifications
  • 10+ years of relevant experience in capital planning, asset management decision support, lifecycle economics, portfolio planning, or related consulting environments
  • Bachelor’s degree (or higher) in engineering, finance, economics, or a related discipline from a recognized university
  • Strong expertise in asset decision-making, lifecycle planning, business case development, and investment prioritization frameworks
  • Proven experience applying Total Cost of Ownership (TCO), whole-life cost modelling, and value-based decision frameworks
  • Demonstrated ability to integrate risk, uncertainty, and asset criticality into investment analysis and decision support
  • Advanced capability in structuring and presenting executive-level insights and recommendations
  • Strong analytical and problem-solving skills with the ability to translate complex data into actionable decisions
  • Experience working across multidisciplinary teams (engineering, finance, operations) to align investment strategies
  • Excellent stakeholder management and communication skills, including engagement with senior leadership
  • Track record of delivering practical, outcome-focused solutions that support real capital investment decisions

Additional Information

What's in it for you...

  • 100% covered health and dental benefits for you and your dependents (including paramedical services)
  • Health spending account, to top up expenses not covered in the benefits program
  • RRSP option with company matching
  • Annual learning and development budget
  • Access to a range of online learning tools, and support for career development and growth
  • Coverage of one professional membership or license fee per year, if directly related to your role
  • We believe in work-life balance, so you can recharge and take care of what matters most with vacation, flex and sick days 
  • A flexible, hybrid work approach that allows colleagues to find balance between their professional and personal lives
  • Commitment to creating a diverse, equitable and inclusive culture that promotes a sense of belonging

Our inspired people share our vision and mission. We provide a great place to work, where each person has the opportunity and voice to affect change. We want our people to succeed both in work and life. To support this we promote a healthy, productive and flexible working environment that respects work-life balance.  

Turner & Townsend is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees and actively encourage applications from all sectors of the community.   

Turner & Townsend does not accept any speculative or unsolicited CV’s that have been sent to our internal recruitment team or hiring managers from agencies outside of our preferred supplier list. Any speculative or unsolicited CV’s will be treated as a direct application.  

It is strictly against Turner & Townsend policy for candidates to pay any fee in relation to our recruitment process. No recruitment agency working with Turner & Townsend will ask candidates to pay a fee at any time.  

Please find out more about us at www.turnerandtownsend.com/ 

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It is strictly against Turner & Townsend policy for candidates to pay any fee in relation to our recruitment process. No recruitment agency working with Turner & Townsend will ask candidates to pay a fee at any time. 

Any unsolicited resumes/CVs submitted through our website or to Turner & Townsend personal e-mail accounts, are considered property of Turner & Townsend and are not subject to payment of agency fees. In order to be an authorised Recruitment Agency/Search Firm for Turner & Townsend, there must be a formal written agreement in place and the agency must be invited, by the Recruitment Team, to submit candidates for review.