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Group Product Manager, Money Movement Everyday Banking Products, Canadian Personal Banking - R250007761 Toronto

BMO Bank of Montreal

Toronto, Ontario

Group Product Manager, Money Movement Everyday Banking Products, Canadian Personal Banking - R250007761 Toronto

BMO Bank of Montreal

Toronto, Ontario
 
Salary: $84,000.00 - $156,000.00
 
Country: Canada
 
Application Deadline:

05/22/2025

Address:

33 Dundas Street West

Job Family Group:

Customer Solutions

At 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. We love building pioneer products, and we have fun doing it!

Role Description

The Group 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 eCommerce, real time and new emerging payments.

The Group Product Manager develops and implements product strategies to drive sales of existing banking products, launch new products to market, optimize profitability and improve the customer experience. This role demands product management acumen, having E2E responsibility of the product portfolio, from the ideation, implementation, development, and launch. The Group Product Manager has relevant experience dealing with multidisciplinary teams and with strategic partners. This leader brings innovation into the money movement portfolio, carries out competitive analysis, monitors product performance, and assesses problems to develop and implement solutions. Also has P&L accountability, having deep analysis and understanding of forecasting, while managing product risks.

The Group Product Manager collaborates with members of the Everyday Banking Products team, and with internal partners, such as Customer and Product Analytics, Marketing, Digital, Fraud, Compliance, Technology, Operations and Payment Modernization. This leader also has great responsibility to manage and build strong relationships with strategic partners. The role also involves exploration of new payment trends worldwide and initiatives with external partners, such as fintech.

Key Accountabilities

1. Product Strategy

2. Product Management

3. P&L and Risk Management

Qualifications

Experience and Knowledge

Skills

Salary:

$84,000.00 - $156,000.00

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

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.

 

We are committed to hiring military and Veteran spouses and encourage you to identify your connection with the MSEN when reaching out to us or applying to any of our open roles.

 

Have questions or want to learn more about us? We would love to hear from you!

 

Diversity and Recruitment Team

E mail: diversity.recruitment@bmo.com

 

 

  Introduce Yourself to BMO (Military/Veterans)

 

About BMO Bank of Montreal

Careers for service members, veterans and their families

We’re proud to be the official bank of the Canadian Defence Community – and that goes beyond supporting your financial well-being. We value the skills you’ve earned in the military, and we’re here to help as you move into the next stage of your professional life.

BMO is a Poppy Campaign partner and invests over $265k per year in 3+ signature sponsorship properties, including the Canada Army Run, the Navy Bike Ride, and the RCAF Run.

  • Next February, BMO will proudly support Veterans as an official Gold Sponsor of the Invictus Games – Vancouver Whistler 2025 which will welcome more than 500 competitors from 25 nations to experience the first ever Winter Games in Invictus Games history. The Games will also raise awareness of Indigenous CAF members and highlight the extraordinary service of Indigenous Veterans dating back over 200 years.
  • We have committed over $2.25 million in major gifts in recent past, including pledges to Homes for Heroes and Canada Company.

At BMO, you’ll have the opportunity to use your commitment, discipline, and dedication to teamwork to make a difference. Come and grow your career with us.