Application Deadline:
06/25/2026
Address:
33 Dundas Street West
Job Family Group:
Customer Solutions
Product Manager, Money MovementEveryday Banking Products, Canadian Personal BankingAt BMO's Everyday Banking Money Movement team, we thrive launching innovative digital solutions that allow our customer's need to move money easily, safely and digitally. From enabling mobile tapping at merchant's POS to pay for things, to explore new trends across eCommerce, real time and emerging payments, domestic and international money movement, we love building pioneer products, and we have fun doing it!
Role DescriptionThe Product Manager of Money Movement reports to the Director, Money Movement and is part of the Everyday Banking Products team in Canadian Personal Banking. This role is responsible to manage the portfolio of innovative money movement products for retail customers, including Debit card P&L, digital enhancements and functionalities, as well as new emerging payments, such as real time, eCommerce and bill payments.
This role sits at the intersection of product innovation and driving the next phase of acquisition and growth for our domestic Money Movement portfolio for our retail customers. The Product Manager will own the P&L, focused to undertake new economies of scale, analyzing margins across different category spend, responsible to build the 3-year product roadmap for debit, focusing on new digital capabilities like Virtual Card and Instant Provisioning. This leader will also be responsible to deploy targeted offers for potential segments to deliver deeper penetration and repeat engagement of debit spend.
The Product Manager will be a leader with hands on experience owning the debit and new emerging payments roadmap by analyzing behavioral data to optimize end to end conversion funnel and digital adoption, balancing long term P&L sustainability and lead cross-functional teams involving analytics, digital, marketing, compliance, fraud and others to launch, run and analyze campaign results and devise next steps.
The Product Manager is a high visibility role working with Senior Management within the Bank to showcase strategic and lifecycle insights, showcasing performance across key metrics and obtain buy-in for implementing key strategic pillars to support the continuous growth within their portfolio.
Key Accountabilities1. Product Strategy- Own and execute on the product growth strategy for debit and new emerging payments across Money Movement portfolio
- Constantly monitor the market and key trends to remain relevant and competitive, across product enhancements and new digital capabilities
- Provide visibility across the organization on the key strategic pillars and our playbook for strategy execution
2. Product Management- Own the product roadmap in terms of new product enhancements and new digital capabilities to drive self-serve adoption to our retail customers
- Use detailed analytics to capture lifecycle trends, identify key insights, pain points and make data driven product decisions to ensure relevance for our customers
- Develop detailed go to market strategies for new products and enhancements
3. P&L & Risk Management- Own end to end P&L for the debit Money Movement portfolio
- Analyze profitability across debit spend categories, maximizing revenues while optimizing costs
- Work closely with internal and external cross-functional partners to constantly keep the product policies and processes up to date
4. Lifecycle Marketing- Closely work with segments and marketing to ensure we always have our customers top of mind
- Develop strategic communication for different customer cohorts to drive better usage and engagement
- Own the complete marketing plan and budgets and create strategies related to offline and digital marketing
- Analyze, report and identify dos and don'ts from the marketing campaigns and identify key pivot points for upcoming campaigns
QualificationsExperience and Knowledge- 3 to 5 years of experience managing retail banking products for a large Bank or a Fintech
- Bachelor's degree in business management, finance, economics or a related field. MBA or other relevant certifications is a plus.
- Domain and in-depth understanding of debit cards portfolio, as well as overall payment expertise
- Plus if candidate can show expertise on new emerging payments, such as Agentic Commerce and Real Time payments
- Proven experience managing P&L and driving pricing strategies to deliver growth and profitability
- Strong analytical skills to identify actionable insights and drive data-based decision making
- Go-To-Market experience launching marketing campaigns tailored to specific diaspora to drive usage and engagement
Skills- Storytelling with data to take complex spreadsheets and turn into a clear marketing strategy
- Strong working knowledge of Excel and PowerPoint to develop high quality analysis and presentations for senior leadership
- Strong cross functional relationship skills building strong connections with key stakeholders both internally and externally
- Problem solving skills to always have the bigger picture in sight and work closely with all stakeholders to effectively manage risks and ensure proactive measures are taken
Salary:$69,000.00 - $129,000.00
Pay Type: Salaried
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
