Product Manager, Chequing

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The Product Manager, Chequing, reporting to the Group Product Manager, Chequing, supports the strategy, performance, pricing, and lifecycle management of chequing products. The role contributes to business growth, customer experience, and profitability through analysis, product management, pricing optimization, cross-functional collaboration, and effective execution of strategic initiatives.

Key Responsibilities

Product Management & Lifecycle Support

• Supports the development and execution of product strategies aligned to business objectives

• Develops recommendations for product pricing strategies and supports the identification, business case development, approval, and implementation of annual pricing changes and fee optimization opportunities.

• Supports delivery of strategic product initiatives and change programs

Performance Management & Business Analysis

• Monitors product performance against business objectives and key performance indicators (KPIs)
• Evaluates pricing performance, customer impact, market competitiveness, and financial outcomes to identify and recommend pricing enhancements
• Analyzes financial, customer, and operational results to identify trends, risks, and opportunities
• Supports forecasting, business planning, and performance reporting activities

Customer, Market & Competitive Insights

• Conducts market research, competitive analysis, and trend monitoring
• Analyzes customer behaviour, feedback, and channel performance to identify opportunities for improvement
• Develops insights and recommendations to enhance product value propositions and customer experience
• Supports evaluation of emerging market trends and competitor activity

Data, Analytics & Reporting

• Defines and documents business requirements for analytics and reporting needs
• Partners with analytics teams to develop reporting, dashboards, and performance insights
• Monitors product and portfolio performance trends and highlights key findings
• Prepares regular reporting and presentations for leadership and stakeholder groups

Risk, Compliance & Governance

• Supports compliance with legal, regulatory, and risk management requirements
• Identifies and escalates product risks, issues, and control gaps
• Assists in maintaining product documentation, policies, procedures, and governance requirements
• Participates in audits, regulatory reviews, and risk assessments as required

Stakeholder & Partner Management

• Partners with Finance, Marketing, Risk, Compliance, Legal, Operations, and Distribution teams to develop, obtain approval for, and implement pricing changes while ensuring positive customer outcomes and regulatory compliance.

• Provides subject matter expertise on product features, performance, and customer impacts
• Supports management of external partners and vendors, where applicable

Project & Initiative Delivery

• Supports product development, enhancement, and optimization initiatives
• Coordinates activities across stakeholders to ensure timely and effective delivery of business outcomes
• Tracks initiative progress, dependencies, risks, and key decisions
• Supports change management, implementation, and post-launch monitoring activities

Qualifications

• 4-7 years of relevant experience in product management, product analytics, strategy, marketing, or financial services
• Post-secondary degree in Business, Commerce, Economics, or a related field, or equivalent experience
• Strong analytical and problem-solving skills
• Experience interpreting data and translating insights into actionable recommendations
• Strong stakeholder management and communication skills
• Ability to manage multiple priorities and work effectively in a fast-paced environment
• Knowledge of banking products and consumer banking industry trends is an asset
• Data-driven mindset with strong attention to detail
• Experience leading cross-functional initiatives without direct authority

Salary:

Pay Type:

The above represents BMO Financial Group’s pay range and type.

Salaries will vary based on factors such as location, skills, experience, education, and qualifications for the role, and may include a commission structure. Salaries for part-time roles will be pro-rated based on number of hours regularly worked. For commission roles, the salary listed above represents BMO Financial Group’s expected target for the first year in this position.

BMO Financial Group’s total compensation package will vary based on the pay type of the position and may include performance-based incentives, discretionary bonuses, as well as other perks and rewards. BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. To view more details of our benefits, please visit: https://jobs.bmo.com/global/en/Total-Rewards

About Us

At BMO we are driven by a shared Purpose: Boldly Grow the Good in business and life. It calls on us to create lasting, positive change for our customers, our communities and our people. By working together, innovating and pushing boundaries, we transform lives and businesses, and power economic growth around the world.

As a member of the BMO team you are valued, respected and heard, and you have more ways to grow and make an impact. We strive to help you make an impact from day one - for yourself and our customers. We’ll support you with the tools and resources you need to reach new milestones, as you help our customers reach theirs. From in-depth training and coaching, to manager support and network-building opportunities, we’ll help you gain valuable experience, and broaden your skillset.

To find out more visit us at https://jobs.bmo.com/ca/en.

BMO is committed to an inclusive, equitable and accessible workplace. By learning from each other’s differences, we gain strength through our people and our perspectives. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request accommodation, please contact your recruiter.

Note to Recruiters: BMO does not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to BMO, directly or indirectly, will be considered BMO property. BMO will not pay a fee for any placement resulting from the receipt of an unsolicited resume. A recruiting agency must first have a valid, written and fully executed agency agreement contract for service to submit resumes.