Product Manager - Home Financing

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The Home Financing Product team (HF) rallies towards a common goal - a connected experience for customers as they navigate their biggest financial commitment, their home.

Working daily with external business partners, Analytics, Sales & Marketing, Distribution channels, Treasury, Product Ops, Digitization, Pricing, Policy, Compliance, Risk and Finance, HF brings together cross functional experts to deliver above market growth in a highly competitive industry.

This position offers unparalleled opportunities to learn from experienced Financial Services leaders, growing the good by powering our frontline and helping our customers achieve real financial progress.

The Product Manager, Home Financing will primarily be responsible for supporting the acquisition strategy and Profit & Loss (P&L) for mortgages and home equity products in the broker channel, ensuring business plan expectations are achieved with additional focus on external partner relationship management, product design, strategy, customer experience, efficiency, compliance, innovation, continuous improvement and risk management.

Product Management and Development - Broker Channel

• Serve as a product expert, understanding all aspects of product performance and drivers (market, financial, business) to inform features and benefits.
• Deliver product solutions and enhancements aligned with strategy, supporting ease of sales, fulfillment, and servicing.
• Develop strategic and tactical plans to manage existing products, streamline offerings, and balance simplification with customer needs.
• Support an optimal broker channel strategy, identify opportunities to enhance channel strategy, and actively manage channel priorities to align with business objectives, customer needs, and market dynamics.
• Monitor operations to ensure systems and processes are maintained and improved; enhance infrastructure for product delivery and documentation.
• Regularly assess customer and competitive environments to ensure product relevance and competitive positioning.
• Contribute to product policy strategies that support stable and predictable performance while strengthening strategic differentiation and competitive advantage in the broker channel.
• Act as subject matter expert for system development and implementation to ensure efficiency and results.

Relationship Management

• Build and strengthen the relationship with our strategic partner, ensuring alignment of business priorities, channel objectives, and shared delivery outcomes.
• Maintain regular communication with key partner contacts to stay aligned on market developments, regulatory changes, delivery priorities, and emerging business opportunities.
• Support and improve internal and external communication on product, policy, campaigns, and other broker channel updates to ensure stakeholders remain informed, aligned, and well positioned to execute.
• Work closely with our strategic partner to identify opportunities for innovation, improve customer and sales experience, and enhance operational efficiency across the broker channel.
• Coordinate and monitor product and business change initiatives, ensuring priorities are aligned, progress is tracked, and implementation is executed effectively in collaboration with our strategic partner and internal stakeholders.
• Lead issue resolution and ongoing support management by tracking open items, coordinating stakeholders, documenting status updates, and driving timely resolution to maintain service quality, transparency, and partner accountability.

Governance and Risk Management

• Proactively identify and manage risks, escalating material issues as needed.
• Develop analytical approaches to measure and mitigate product-level risk; collaborate on operational risk strategies.
• Lead compliance activities, ensuring adherence to regulatory and legal requirements.
• Manage risk-based pricing capabilities, incorporating credit and market risk drivers.
• Oversee governance and compliance frameworks to support executive attestations and accountabilities.

Analytics & Reporting

• Monitor current and forecasted metrics for growth in balances and profitability

• Conduct regular analytics on product related metrics, including, but not limited to, Funding rates, Approval rates, Market Share, etc.

• Participate and prepare regular quantitative reporting related to product/key initiatives

• Track program effectiveness by conducting analysis and evaluation

Key Accountabilities

• Lead product and business change initiatives end to end, aligning priorities, coordinating cross-functional stakeholders, and ensuring timely implementation with external partners.
• Build and manage strategic partner relationships, maintain effective communication, and drive issue resolution to support shared business outcomes.
• Identify and implement process improvements that enhance operational efficiency, customer experience, and sustainable business growth.
• Monitor financial, product, and channel performance, using reporting and analytics to inform decisions, evaluate program effectiveness, and optimize results.
• Support product pricing, portfolio performance, and lifecycle management to strengthen competitive positioning and achieve business plan objectives.
• Ensure compliance with regulatory requirements and proactively manage product and operational risk across the portfolio.

Qualifications:

• Possess advanced knowledge of Home Financing and related industry, Experience in the mortgage broker industry a strong asset
• Possesses a university degree in business/commerce, data sciences, engineering, finance and/or mathematics (graduate level degrees preferred) and/or 5 to 7 years of experience in product management and/or consulting
• Strong experience with external partner relationship management
• Strong experience of program/project management
• Strong ability to manage cross-functional stakeholders and influence outcomes across business and delivery teams.
• Strong knowledge of product delivery infrastructure systems and underlying product interdependence.
• In-depth risk management associated with new and existing product development and management.
• Strong knowledge of process coordination and management.
• Demonstrated ability to translate business strategy into actionable plans and drive execution in a complex, matrixed environment.
• Proficiency in SAS/SQL or other programming languages and MS Power BI.
• Advanced skills in MS Excel and PowerPoint; ability to operate effectively in both business and technical environments.
• Strong ownership, time management, and ability to deliver high-quality output within deadlines.
• Self-starter with a proactive approach to process enhancements and profitability improvement.
• Excellent verbal and written communication skills.

Salaire :

Type de rémunération :

Ce qui précède représente la fourchette et le type de rémunération de BMO Groupe financier.

Les salaires varieront en fonction de facteurs comme l’emplacement, les compétences, l’expérience, les études et les qualifications pour le poste et pourront inclure une structure de commissions. Les salaires pour les postes à temps partiel seront calculés au prorata du nombre d’heures travaillées régulièrement. Pour les rôles à commission, le salaire susmentionné représente la cible de BMO Groupe financier pour la première année au poste.

La rémunération totale offerte par BMO variera selon le type de rémunération associé au poste et peut comprendre des primes de rendement, des primes discrétionnaires ainsi que d’autres avantages et récompenses. BMO offre également une assurance santé, le remboursement des frais de scolarité, une assurance accident et une assurance vie, ainsi que des régimes d’épargne-retraite. Pour en savoir plus sur nos avantages sociaux, consultez le site : https://jobs.bmo.com/ca/fr/R%C3%A9mun%C3%A9ration-globale

À propos de nous

À BMO, nous sommes animés par une raison d’être commune : Avoir le cran de faire une différence dans la vie, comme en affaires. Cette raison d’être nous invite à entraîner des changements positifs et durables pour nos clients, nos collectivités et nos gens. En travaillant ensemble, en innovant et en repoussant les limites, nous transformons des vies et des entreprises et favorisons la croissance économique partout dans le monde.

En tant que membre de l'équipe de BMO, vous êtes valorisé, respecté et entendu, et vous avez plus de moyens pour progresser et obtenir des résultats. Nous nous efforçons de vous aider à obtenir des résultats dès le premier jour, pour vous-même et nos clients. Nous vous offrirons les outils et les ressources dont vous avez besoin pour franchir de nouvelles étapes, car vous aidez nos clients à franchir les leurs. Au moyen de formation et de coaching approfondis ainsi que de soutien de la direction et d'occasions de réseautage, nous vous aiderons à acquérir une expérience enrichissante et à élargir votre groupe de compétences.

Pour en savoir plus, visitez-nous à l'adresse https://jobs.bmo.com/ca/fr.

BMO s'engage à offrir un milieu de travail inclusif, équitable et accessible. Nous apprenons de nos différences et tirons notre force des gens et de leurs différents points de vue. Des mesures d’adaptation sont disponibles sur demande pour les candidats qui participent à tous les aspects du processus de sélection. Pour demander des mesures d’adaptation, veuillez communiquer avec votre recruteur.

Remarque aux recruteurs : BMO n’accepte pas les curriculum vitæ non sollicités provenant de toute source autre que le candidat directement. Tout curriculum vitæ non sollicité envoyé à BMO, directement ou indirectement, sera considéré comme la propriété de BMO. BMO ne paiera aucuns frais pour les placements découlant de la réception d’un curriculum vitæ non sollicité. Une agence de recrutement doit d’abord détenir une entente de service écrite valide et dûment signée avant d’envoyer des curriculum vitæ.