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The Group Product Manager, Chequing, reporting to Director, Chequing & Savings, is accountable for the strategy, performance, and end-to-end lifecycle management of chequing products. The role drives business growth, customer experience, and profitability (P&L) through data-driven decision-making, strong cross-functional collaboration, and disciplined risk management.

Key Responsibilities

Product Strategy & Lifecycle Management

• Defines and executes product strategy aligned to business objectives
• Manages the full chequing product lifecycle, including design, launch, optimization, and retirement
• Develops business cases, strategic roadmaps, and investment priorities
• Identifies emerging trends and recommends strategic actions

Financial & Performance Management

• Accountable for product P&L and achievement of financial targets
• Establishes and monitors key performance indicators (KPIs)
• Develops and implements action plans to optimize growth, profitability, and customer outcomes

Customer, Market & Competitive Insights

• Leads market research, competitive analysis, and trend monitoring
• Analyzes customer behavior, channel performance, and feedback
• Translates insights into product enhancements and strategic decisions

Data, Analytics & Reporting

• Defines business requirements for analytics and reporting
• Oversees development of insights including forecasting, profitability, and customer analytics
• Monitors performance trends and provides actionable recommendations

Risk, Compliance & Governance

• Ensures adherence to legal, regulatory, and risk management requirements
• Identifies, assesses, and mitigates product risks
• Maintains product policies, documentation, and regulatory reporting

Stakeholder & Partner Management

• Builds and maintains strong relationships with internal and external stakeholders
• Acts as subject matter expert for product strategy and performance
• Aligns stakeholders to ensure effective delivery of product outcomes
• Oversees vendor and partner performance and compliance with agreements

Leadership & People Management

• Leads and develops a high-performing, inclusive team
• Sets clear goals, drives accountability, and supports employee development
• Fosters collaboration across teams and functions

Qualifications

• 7+ years of relevant experience in product management, preferably in banking or financial services
• Post-secondary degree in Business or a related field, or equivalent experience
• Strategic thinking and decision-making
• Advanced analytical and problem-solving skills
• Strong stakeholder management and influencing skills
• Ability to manage ambiguity and complexity
• Data-driven mindset
• People management an asset

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: