Bank of Montreal

Product Owner

Bank of Montreal$122K — $228K *
Enterprise Technology
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 7+ years of relevant experience in product management or related roles.
  • Post-secondary degree in a relevant field or equivalent experience.
  • Advanced proficiency in product lifecycle management using Agile methodologies.
  • Strong understanding of business strategy and operations.
  • Expertise in financial and risk management, ensuring informed decision-making.

Responsibilities

  • Develop and deliver the full product development lifecycle from strategic goals to market launch.
  • Research and bridge business requirements with technology capabilities for product development.
  • Drive stakeholder engagement and ensure product adoption through effective communication.
  • Manage cross-functional teams for efficient parallel production and quality output.
  • Establish go-to-market strategies, pricing, and positioning for new products.

Benefits

  • Health insurance including medical, dental, and vision coverage.
  • Tuition reimbursement to support ongoing education.
  • Retirement savings plans to prepare for the future.
  • Performance-based incentives and discretionary bonuses to reward high achievement.
Full Job Description

Application Deadline:

07/13/2026

Address:

320 S Canal Street

Job Family Group:

Customer Solutions

Develops and delivers the full product development lifecycle from setting strategic objective to bringing a product to market that delivers business value. Researches, investigates, selects and develops products and services bridging business requirements with technology capabilities. Drives end-to-end product lifecycle including the 'why', 'when' and 'what' of the product, persona development, proof of concepts, backlog management and product activation through to product retirement. Provides the voice of the business to cross-functional product teams to clarify feature, story and content requirements; create story acceptance criteria; prioritizes the product backlog; and translates the product vision into a roadmap and actionable tasks.

  • Identifies the overall goal of a product(s), drives engagement of stakeholders and leads the adoption of product.
  • Drives the overall customer experience definition and prioritization that enables a focus on what matters most to our customers.
  • Ensures product management and development teams are producing in parallel, and are working together effectively and efficiently.
  • Builds and sustains high performing cross-functional teams; Monitors and tracks performance, and addresses any issues.
  • Addresses blockers related to adoption and correct usage of the product- including communications, documentation and training.
  • Establishes the go-to-market, pricing and positioning strategies.
  • Plans & manages the budget, timeline, and tactical components, throughout the product lifecycle.
  • Identifies and analyzes market trends to update and improve product usability
  • Ensures that a new product in development, or a new feature of an existing product is proven to be desirable, viable and functional.
  • Fosters a culture aligned to BMO purpose, values and strategy and role models BMO values and behaviours in all that they do.
  • Ensures alignment between values and behaviour that fosters diversity and inclusion.
  • Regularly connects work to BMO’s purpose, sets inspirational goals, defines clear expected outcomes, and ensures clear accountability for follow through.
  • Builds interdependent teams that collaborate across functional and operating groups to create the highest value for all stakeholders.
  • Attracts, retains, and enables the career development of top talent.
  • Improves team performance, recognizes and rewards performance, coaches employees, supports their development, and manages poor performance.
  • Operates at a group/enterprise-wide level and serves as a specialist resource to senior leaders and stakeholders.
  • Applies expertise and thinks creatively to address unique or ambiguous situations and to find solutions to problems that can be complex and non-routine.
  • Implements changes in response to shifting trends.
  • Broader work or accountabilities may be assigned as needed.
  • Take measured risks while protecting the bank by applying our Risk Management Framework in the execution of your role, in line with our Risk Culture and within our approved Risk Appetite, making sound and risk informed decisions that align to business strategy, protect assets, and adhere to applicable policy documents (Frameworks, Policies, Standards, Procedures and Supporting documents), laws and regulations.

Qualifications:

Intermediate level of proficiency:

  • Marketing Analysis.
  • Creative thinking.

Advanced level of proficiency:

  • Process Improvement and optimization.
  • Business Strategy.
  • Research and information synthesis.
  • Business Operations.
  • Financial & Risk Management.
  • Product Management.
  • Learning Agility.
  • Customer centricity.
  • Collaboration.
  • Product Development.
  • Product Value Proposition and Go-to-Market Assets Definition, Design and Development.
  • Technology Business Requirements. Definition, Analysis and Mapping.
  • Product Lifecycle Management (Using Agile Methodologies).
  • Complex Problem Solving.
  • Verbal & written communication skills.
  • Analytical and problem solving skills.
  • Influence skills.
  • Collaboration & team skills; with a focus on cross-group collaboration.
  • Able to manage ambiguity.
  • Data driven decision making.
  • Typically 7+ years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience
  • Seasoned professional with a combination of education, experience and industry knowledge.

Salary:


$122,400.00 - $228,000.00

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: 

About Bank of Montreal

The Bank of Montreal is a Canadian multinational investment bank and financial services company. It provides a wide range of personal and commercial banking, wealth management, and investment banking products and services. The bank had revenues of CAD 23.6 billion in 2020.
Learn more about Bank of Montreal
Size
45,454 employees
Market Cap
$60.9 billion
Industry
Founded
1817
5 Year Trend
+9.1%
NASDAQ

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