Group Product Manager - Home Financing
About the job
- Typically, 7+ years of relevant experience and a post-secondary degree in Business or a related field of study, or an equivalent combination of education and experience.
- Strong experience with consumer or commercial credit applicable to retail and business financing products.
- Strong experience working with retail and business product fundamentals, including product design, functionality, and related policies and procedures.
- Strong knowledge of product delivery infrastructure systems and underlying product interdependencies.
- In-depth retail and business banking environmental awareness and understanding.
- In-depth risk management associated with new and existing product development and management.
- Strong knowledge of process coordination and management.
- Deep knowledge of measurement technologies, including analytics and visualization software such as Base SAS, SAS EG, and Power BI.
- Expertise using specialized query and database tools, including SAS and SQL, and reporting tools including Power BI, TIBCO Spotfire, TIBCO BPM, SQL, SAS, and Tableau.
- Strong knowledge of banking product management and associated industry and regulatory requirements.
- Expert verbal and written communication skills.
- Expert analytical and problem-solving skills.
- In-depth or expert influence skills.
- Expert collaboration and team skills, with a focus on cross-group collaboration.
- In-depth knowledge of building business cases.
- In-depth or expert skill in researching market trends.
- In-depth or expert relationship management skills.
- Good capital management skills.
- Expert analytics and reporting skills.
- In-depth product marketing skills.
- Good negotiation skills.
- Good to in-depth software and systems architecture knowledge.
- Good to in-depth financial understanding.
- Ability to manage ambiguity.
- In-depth or expert data-driven decision-making skills.
- Researches, defines, aligns, develops, and manages performance and analytics with profit-and-loss accountability for the mortgage broker channel.
- Conducts market research, forecasting, and competitive analysis, assesses problems, and develops and implements solutions.
- Develops and delivers business insights to enable business growth.
- Manages product risks in compliance with legal, regulatory, risk compliance, and reporting requirements.
- Collaborates with enterprise partners to define key performance metrics for managing broker-channel performance.
- Accountable for broker-channel acquisition performance, focusing on channel development, external partner relationship management, analytics, pricing, and portfolio management.
- Fosters a culture aligned to BMO's purpose, values, and strategy, and role-models BMO values and behaviours.
- Develops business analytics and insights, including portfolio profitability tracking, customer analytics, revenue forecasts, operations metrics, trend analytics, and predictive modelling.
- Analyzes strategic problems, data, and information to provide insights and recommendations.
- Ensures alignment between values and behaviours that foster diversity and inclusion.
- Builds interdependent teams that collaborate across functional and operating groups, creates value for stakeholders, and ensures stakeholder alignment.
- Acts as a subject matter expert on relevant regulations and policies.
- Designs, implements, manages, and enhances broker-channel products throughout the product lifecycle.
- Leads strategic initiatives for the broker channel to deliver business and financial goals in collaboration with internal and external stakeholders.
- Leads, develops, and manages strategies for reporting, forecasting, and/or analytics teams; partners with treasury, corporate funding, and external partners on additional requirements.
- Conducts independent analysis and assessment to resolve strategic issues.
- Leads and oversees vendor relationships and external partnerships, provides execution guidelines, and ensures agreements are met.
- Determines and provides recommendations on the product lifecycle.
- Develops business cases by identifying needs, analyzing options, and assessing expected returns on investment.
- Designs and produces regular and ad hoc reports and dashboards, and completes internal and regulatory reporting and attestations.
- Conducts complex market research, competitive intelligence, and data analysis.
- Influences or determines credit product risk parameters and metrics, identifies existing and potential risks, and develops risk-management controls and processes.
- Monitors product performance and growth metrics to identify trends and recommend action plans.
- Creates marketing strategies, including offers and campaigns, and works with Marketing and other partners to execute them.
- Develops, implements, and manages product documentation, templates, and requirements to accurately reflect product and systems functionality.
- Leads change-management programs, including readiness assessments, planning, stakeholder management, execution, evaluation, and sustainment.
- Leads operational programs and adapts execution as needed to ensure quality.
- Operates at a group- or enterprise-wide level and serves as a specialist resource to senior leaders and stakeholders.
- Develops and implements action plans that meet financial and growth metrics.
- Develops problem-evaluation frameworks and defines research approaches.
- Assesses customer, consumer, and channel analyses and develops recommendations.
- Resolves internal, complex, or higher-risk customer escalations or policy exceptions, potentially interacting with clients and sales.
- Continuously improves processes to identify issues and deliver an optimal customer experience.
- Works with partners to develop salesforce training and materials and manages change.
- May be assigned broader work or accountabilities as needed.
- Experience in the mortgage broker industry.
- Experience in RESL product management.
About the company
Bank of Montreal, known as BMO, runs a Canadian bank and a large American bank, serving households and businesses on both sides of the border. Until the Bank of Canada opened in 1935, it acted as the Canadian government's banker. People use its branches and apps for accounts, mortgages, credit cards, and investments, while companies borrow from it and turn to its BMO Capital Markets arm to raise money and trade securities. BMO makes money on the gap between the interest it charges on loans and pays on deposits, plus fees from managing wealth and advising on deals. Bank of Montreal was founded in 1817 as Canada's first bank, and it keeps its legal head office in Montreal and its executive offices in Toronto, Canada.
Company Size
10,001+
Company Stage
IPO
Headquarters
Toronto, Canada
Founded
1817
Get referred to Bank of Montreal
See people who can refer or advise you
Simplify's Take
What believers are saying
- Profits are climbing: before one-time items, BMO earned C$2.86 billion in the quarter ending July 2026, up 19%.
- Expansion means jobs out West: in March 2026, BMO announced plans for 130-plus new California branches within five years.
- Payouts are steady: BMO has paid a dividend every year since 1829, the longest record of any Canadian company.
What critics are saying
- Cost cuts reach staff: BMO reported a C$202 million severance charge in February 2026 as headcount fell 678 to 53,035.
- The U.S. arm earns less: its 8.6% return on equity trailed BMO's overall 13% in the quarter ending April 2026.
- Compliance lapses draw fines: Canada's consumer watchdog fined BMO C$4 million in February 2026 for overcharging 101,091 customers.
What makes Bank of Montreal unique
- Business lending comes first: 56% of BMO's loans in April 2026 went to companies and governments, 28% to mortgages.
- It is a big American bank too: its U.S. arm ranked 16th in the country by assets in June 2026.
- Chicago is its second hub: 81 of BMO's 926 job openings in October 2026 were there, behind only Toronto's 241.
Help us improve and share your feedback! Did you find this helpful?
Benefits
Health Insurance
Tuition Reimbursement
Accident and Life Insurance
401(k) Retirement Plan
Professional Development Budget
Hybrid Work Options
Company News
Upsized facilities include a $300 million revolver and a $300 million delayed draw term loan, with lower pricing and expanded capacity to fund growth MACON, Ga.--(BUSINESS WIRE)-- Blue Bird...
ESCO Technologies Inc. entered into a new credit agreement on 29 May 2026, providing $1.5 billion in senior secured credit facilities with a syndicate of banks led by JPMorgan Chase Bank as administrative agent. The agreement became effective on 1 October 2026 and replaced the company's previous credit agreement dated 30 August 2023. The new facility comprises three components: a $500 million revolving credit facility, a $500 million term loan A facility, and a $500 million term loan B facility. On the closing date, ESCO borrowed approximately $1 billion under the new agreement to fund a transaction's cash purchase price, refinance existing debt, and cover associated fees and expenses. The obligations are guaranteed by ESCO and its material US subsidiaries and secured by substantially all tangible and intangible personal property.
Big banks exploring Canadian dollar-based digital money with tokenized deposits. Daniel Johnson TORONTO - Canada's big banks are exploring the development of Canadian dollar-based digital money, starting with a tokenized deposits initiative. Tokenized deposits are traditional bank deposits recorded on a decentralized database or distributed ledger, such as a blockchain. The plan seeks to deliver faster, more efficient and programmable payments to Canadian customers while preserving safety, stability and effective regulatory oversight. It means Canadian dollars could be converted into tokens on blockchain for easier transfers, said Claire Célérier, Canada Research Chair in household finance at the University of Toronto's Rotman School of Management. "My understanding is that the six banks will share the same blockchain, and so it implies that transactions can be made instantaneously across wallets with tokens," she said. Bank of Montreal, CIBC, National Bank, Royal Bank, Scotiabank and TD Bank are taking a collaborative approach to the project. The tokens would be issued by commercial banks and from a legal perspective, depositors can treat them the same as traditional bank deposits. The banks say the first phase aims to move tokenized deposits between Canadian financial institutions. "It's really exploratory now. I think what they're saying is that they're willing to work together to develop the technology," Célérier said. She said the potential capabilities would be of particular benefit to large companies or institutional investors, allowing them to complete "more sophisticated transactions." "What I expect is that these tokenized dollars will be mostly used by large companies and so on who have accounts across these Canadian banks, and it will be used to move large amounts of money," she said. Cristian Bravo, professor and Canada Research Chair in banking and insurance analytics at Western University, said the potential change could allow large producers to settle accounts far faster than their typical 30-day window. "If you have an instant settlement, you're closing that gap and closing that inefficiency in the market. And the fact that you have the money when you fulfil the contract, that can help reduce dependency on working capital and mobilize that capital faster," he said. But Bravo said that due to the lack of historical examples, it is not clear how much of an effect the move could have on the bottom lines of companies or institutional investors that use it. Bravo said it is also notable that digital money is not the same as cryptocurrency, but rather a "digital ledger to move deposits in a very quick, instant way."
No Hype - just the Facts. Your complete source of news and realtime quotes from the TSX, TSX-V, CSE, CBoe Canada, Montreal, Nasdaq, NYSE, Amex, OTC Markets and Cboe.
St. Paul's Summit Brewing Company faces foreclosure. One of Minnesota's largest brewers could lose its St. Paul brewery to foreclosure after its lender sued them to collect more than $8 million worth of unpaid debt. In a lawsuit filed last week, BMO Bank alleges Summit Brewing Company missed a loan payment deadline at the end of last year. The bank then agreed to a forbearance period - holding off trying to collect the loan - until July 31. But BMO alleges in court filings that Summit indicated in a June letter that it still didn't have the ability to repay the loan, and that its "liquidity position and operational flexibility continue to deteriorate." BMO wants a judge to appoint a receiver who could "take possession of, manage, operate, and property" belonging to Summit, according to the lawsuit. In a statement to MPR News, Summit CEO Brandon Bland said they will continue to run their day-to-day operations during the proceedings, but he acknowledged the brewery is facing financial struggles. "Our Board and management team have made substantial efforts over many months to chart a different course for this company," Bland said. "This reflects the difficult capital environment the entire craft brewing industry is navigating, not a reflection of the strength of our brand, our people or our operating model." Summit said its company leaders have worked with outside advisors over the course of the last year to find alternative paths forward. "Despite these substantial efforts, the Company and BMO were unable to reach a resolution, and BMO has elected to proceed with the foreclosure action, including its request for the appointment of a general receiver," Summit said in the statement. Bland said they'll continue to look at every option available to them as the process moves forward. No court hearings have been scheduled in the case. Dear reader,. When our communities are navigating uncertainty, staying informed matters more than ever. At MPR News, we're committed to keeping Minnesotans informed and involved, curious and connected - and Minnesota Today is one way we do that. Getting these updates in your inbox helps you stay informed with trusted reporting and thoughtful context from across Minnesota.