Full-Time
Senior Manager
Product Owner
Updated on 9/4/2026
Momentum Financial Services Group
1,001-5,000 employees
Alternative financial services and cash access
Compensation Overview
CA$127k - CA$135k/yr
Toronto, ON, Canada
Hybrid
Hybrid work model with both remote and in-office work.
Bachelor's
 Product (1) |
|---|
Get referred to Momentum Financial Services Group
See people who can refer or advise you
- Five to eight or more years of experience in product, business analysis, or solution roles, with strong discovery, prioritization, and stakeholder management skills and Agile Product Owner experience.
- Strong knowledge of Agile methodologies and experience working in Agile environments.
- Strong communication, presentation, and leadership abilities.
- Strong analytical and problem-solving skills with a customer-first mindset.
- Ability to manage multiple projects and priorities in parallel.
- Proficiency in product management tools such as Jira, Trello, Smartsheet, Microsoft Project, or GanttPRO.
- Ability to align and work effectively across diverse teams and stakeholders.
- Proven success managing backlogs, leading Agile ceremonies, and delivering customer-facing products.
- Bachelor's degree in business, Commerce, Economics, Engineering, or a related discipline.
- Define product vision, outcomes, and success metrics and align them with stakeholders.
- Author and prioritize epics and stories, ensure the Definition of Ready and Definition of Done, and maintain the roadmap and release goals.
- Collaborate with the Scrum Master and team during planning, review, and refinement, and accept completed stories.
- Provide value rationale and readiness evidence at gate reviews while the Product Manager owns the gate process.
- Define business strategy and translate it into actionable plans across functions.
- Oversee the daily work of a small team, assign tasks, and monitor results.
- Develop and execute the product strategy for Money Mart's fee-based product portfolio, including cheque cashing, money transfers, and foreign exchange.
- Balance short-term commercial performance with long-term strategic transformation initiatives.
- Identify opportunities to increase revenue and profitability through pricing optimization, product enhancements, customer journey improvements, operational efficiencies, and new distribution channels.
- Partner with Marketing to improve customer acquisition, conversion, retention, and lifetime value through optimized campaigns, offers, messaging, and customer experiences.
- Analyze customer behaviour, product performance, market trends, and competitive activity to uncover actionable insights and recommend data-driven improvements.
- Evaluate and prioritize new product features, strategic partnerships, vendor relationships, and fintech capabilities that strengthen the customer value proposition and accelerate growth.
- Lead the development of business cases, financial models, and strategic recommendations to support investment decisions and new product initiatives.
- Define product requirements and collaborate with Technology, Digital, Operations, and Retail teams to deliver product enhancements and new capabilities.
- Develop the long-term roadmap for modernizing the fee-based product portfolio, including opportunities to digitize traditionally retail-based services and create seamless omnichannel customer experiences.
- Monitor key performance indicators, customer feedback, and financial results to identify opportunities for growth, profitability, customer satisfaction, and operational improvements.
- Present strategic recommendations, product performance updates, and investment proposals to senior leadership.
- Stay informed on emerging technologies, customer trends, payments innovation, and the competitive landscape to maintain competitiveness in the financial services market.
- Influence stakeholders through structured communication, build relationships across departments, and represent the team externally.
- Solve complex problems requiring conceptual thinking and synthesis of varied information.
Momentum Financial Services Group provides alternative financial solutions across North America for people who are unbanked or underbanked, including those with impaired credit who may not qualify for traditional banking products. The company operates a dual-channel model with a large network of physical retail locations in the United States and Canada, plus digital and mobile platforms, so customers can access cash and financial services in person or online. Its offerings include personal loans, check cashing, domestic and international money transfers, and prepaid card services. Compared with traditional banks, Momentum focuses on serving clients who are often left out of mainstream finance, using both storefronts and digital tools to reach them wherever they prefer to transact. The company’s goal is to be a vital financial resource for hardworking individuals by meeting needs that conventional financial institutions do not fully address.
Company Size
1,001-5,000
Company Stage
Debt Financing
Total Funding
$482.5M
Headquarters
Toronto, Canada
Founded
1979
Get referred to Momentum Financial Services Group
See people who can refer or advise you
Simplify's Take
What believers are saying
- Momentum relaunched Money Mart's Canadian app in November 2025 with real-time approvals.
- The company serves 900,000+ annual customers across loans, transfers, cashing, and cards.
- Ares funding lets Momentum expand eligible loan receivables without immediate balance-sheet strain.
What critics are saying
- The C$657.9 million facility shows heavy dependence on external credit markets.
- Non-prime lending faces CFPB, provincial, and class-action scrutiny that can hit margins fast.
- Digital challengers offering instant approval and no-branch loans threaten branch traffic within 12 months.
What makes Momentum Financial Services Group unique
- Money Mart and The Check Cashing Store give Momentum 420+ North American branches.
- Momentum pairs physical storefronts with a refreshed Canadian app and same-day funding.
- Ares renewed a C$657.9 million facility, backing Momentum's receivables-driven lending model.
Help us improve and share your feedback! Did you find this helpful?
Benefits
Hybrid Work Options
Growth & Insights and Company News
6 month growth
↑ 1%1 year growth
↑ 1%2 year growth
↑ 2%With the expansion of its credit facility, Momentum Financial Services Group now has additional capital to fund its growing loan receivables portfolio and meet the needs of its North American customers. The additional funds will be used to repay the 2023 secured loan facility and fuel further expansion in eligible loan receivables.