Ottawa, Ontario, Canada, The Faculty of Science at the University of Ottawa invites applications for a Tier 1 Canada Research Chair (CRC) in Financial Mathematics. Located on the unceded ancestral land of the Algonquin people, the University of Ottawa is in the National Capital Region and provides numerous opportunities for collaborations with local industry and the government agencies (e.g., the Bank of Canada, the Office of the Superintendent of Financial Institutions, Statistics Canada). The Department of Mathematics and Statistics employs around 40 faculty members (including researchers in financial mathematics, probability, statistics and data science) and offers several undergraduate programs, including an Honours BSc in Financial Mathematics and Economics (in collaboration with the Telfer School of Management and the Department of Economics at the Faculty of Social Sciences), as well as a graduate program with more than 100 students.
The Tier 1 CRC in Financial Mathematics will be expected to build research capacity in financial mathematics, supervise undergraduate and graduate students, engage in interdisciplinary collaboration, and take a leading role in developing undergraduate and graduate programs in financial mathematics. The candidate should have a strong background in probability, statistics, or data science.
Tier 1 Chairs , tenable for seven years and renewable once, are for outstanding researchers acknowledged by their peers as world leaders in their fields. For each Tier 1 Chair, the institution receives $200,000 annually for seven years. Nominees for Tier 1 Chair positions must be full professors or associate professors who are expected to be promoted to the full professor level within one or two years of the nomination. Alternatively, if they come from outside the academic sector, nominees must possess the necessary qualifications to be appointed at these levels. New CRC nominees are also eligible for infrastructure support from the Canada Foundation for Innovation (CFI) to help acquire state-of-the-art equipment essential to their work.
The University of Ottawa is committed to ensuring equity, diversity, and inclusion in the scholarly and leadership environments of our students, staff, and faculty. Accordingly, we strongly encourage applications from skilled and experienced members of the four designated groups such as Indigenous Peoples, racialized individuals, persons with disabilities, women and gender equity-seeking groups, as defined in the CRC Program method for establishing equity targets and the Employment Equity Act , as well as from all qualified candidates with the skills and knowledge to productively implement equity measures that ensure and retain diverse teams and promote inclusive practices for research team members. As part of this preferential hiring process, applications from members of the four designated groups will be prioritized and assessed first for the vacancy. The purpose of this measure is to increase the representation and contribution of members of the four designated groups in the allocation of Canada Research Chair positions. All candidates are asked to complete the confidential self-identification form during the application process online (Employment Equity Questionnaire). Internal candidates are not eligible.
Rank and salary :
Regular tenure-track academic appointment in the Faculty of Science. The salary range for a full professor is $125,452 to $219,012 and for an associate professor is $104,487 to $181,444 (based on the May 1, 2023, scale of the collective agreement between APUO and the University of Ottawa). Salaries are competitive and commensurate with qualifications and experience.
Benefits package: The University of Ottawa provides a complete benefits package, which includes long term disability, basic group life insurance, supplementary health insurance, University of Ottawa Pension Plan and optional life insurance, as well as relocation expenses.
Location of work: Department of Mathematics and Statistics, University of Ottawa, 150 Louis- Pasteur Private, Ottawa, ON K1N 6N5
Application Package:
A cover letter;
An up-to-date curriculum vitae (Please include any personal circumstances and/or career interruptions such as parental or sick leaves that may have impacted your research trajectory. These will be taken into consideration in the selection process.);
A research plan (2 to 3 pages);
A statement of teaching interests (1 to 2 pages);
A statement on equity, diversity, and inclusion philosophy and concrete practices (1 page);
The names of three people who may be contacted for letters of reference , following the Canada Research Chairs guidelines (all three arm’s length including one of international stature and who does not live in the country where the candidate is currently working);
Self-identification: Complete the confidential employment equity questionnaire on the web portal during the application process. The Canada Research Chairs Program requires institutions to collect self-identification data from all applicants, following the program’s best practices .
Deadline: June 19, 2024.
Applications should be submitted electronically through the University of Ottawa Careers portal: Careers (myworkdayjobs.com)
The selection process will begin immediately after the closing date and will continue until the position is filled. Only candidates selected for an interview will be contacted.
Please address your cover letter to the following person:
Dr. Sylvain Charbonneau, Vice-President, Research and Innovation
University of Ottawa
550 Cumberland St., room 246
Ottawa, ON K1N 6N5 CANADA
For questions, please email: rccacrcp@uottawa.ca
Ad posted on April 19, 2024
The University of Ottawa is committed to ensuring equity, diversity, and inclusion in the scholarly and leadership environments of our students, staff, and faculty. Accordingly, we strongly encourage applications from Indigenous Peoples in Canada, visible minorities members (racialized persons), persons with disabilities, women, as well as from all qualified candidates with the skills and knowledge to productively engage with equitable, diverse, and inclusive communities. Candidates who wish to be considered as a member of one or more designated groups are asked to complete the confidential Self-Identification Questionnaire, to be completed at the time of application.
All qualified candidates are invited to apply; however, preference will be given to Canadians and permanent residents. When submitting your application, please indicate if you are legally entitled to work in Canada
The University of Ottawa provides accommodations for applicants with disabilities throughout the recruitment process. If you are invited to proceed in the selection process, please notify us of any accommodations that you require by contacting the Office of the Vice-Provost, Faculty Relations by email at vra.affairesprofessorales@uottawa.ca . Any information you send us will be handled respectfully and in complete confidence.
The University of Ottawa is proud of its 160-year tradition of bilingualism. Through its Official Languages and Bilingualism Institute, the University provides training to staff members and to their spouses in their second official language.
Prior to May 1, 2022, the University required all students, faculty, staff, and visitors (including contractors) to be fully vaccinated against Covid-19 as defined in Policy 129 – Covid-19 Vaccination. This policy was suspended effective May 1, 2022 but may be reinstated at any point in the future depending on public health guidelines and the recommendations of experts. Skills requirements:
Education: Ph.D. or equivalent in mathematics, probability, statistics, finance, data science, operations research, actuarial science, or other related fields.
Required Qualifications: Proof of outstanding independent research achievements in the CRC’s identified area(s), a solid record with respect to teaching and training of students at the graduate level, a strong record of external research funding , and excellent communication skills in either English or French. Passive knowledge of the other Official Language in Canada is a requirement for tenure. English-French bilingualism is an asset.