Business Banking Product Owner

BMO • San Ramon, CA

1d • $90,000 - $180,000

About The Position

BMO Bank N.A. seeks a Specialist III-IC Banking Product Management I to plan, manage, and oversee administration and execution of IT project implementations, ensuring projects realize anticipated benefits. The role partners with functional leaders across IT, Legal, Risk, Compliance, Fraud, and other disciplines to define project requirements, create execution plans, identify cross-functional dependencies, oversee performance, and assess whether financial and other objectives are met. The position proactively escalates and resolves critical issues, bridges strategy and implementation, and works with digital and IT partners to define strategy and prioritize work.

The role manages product risks in compliance with legal, regulatory, and risk requirements; develops business cases by identifying needs, analyzing options, and assessing expected returns; and designs regular and ad hoc reports and dashboards. It supports change management, monitors product performance and growth metrics, leads vendor and external partnership management, completes internal and regulatory reporting and attestations, and participates in market research and competitive analysis. The position defines and implements business cases and strategic roadmaps for banking products and services, including project and budget approvals.

Requirements

• Bachelor’s degree in Business Administration, Information Systems, or a related field, or foreign equivalent, plus five years of experience as a Business Consultant or in a related occupation managing requirements to develop digital transformation across customer- and banker-facing commercial and business lending platforms; alternatively, a master’s degree in one of these fields or foreign equivalent, plus three years of such experience.
• Experience utilizing business lending platforms, including nCino and CapitalStream, to streamline onboarding for small business, commercial lending, and payments products.
• Experience automating interfaces between nCino, CapitalStream, FirstData, and AFS to reduce manual work, accelerate loan boarding, and streamline loan modification and review workflows.
• Experience building and integrating an auto credit decisioning framework in a lending platform using Blaze.
• Experience disseminating data to executives through dashboards and presentations using Power BI, Tableau, and MS PowerPoint.
• Experience collaborating with multiple stakeholders for business and commercial lending.
• Experience writing Agile user stories and using Agile methodology with Jira and Confluence.

Responsibilities

• Plan, manage, and oversee administration and execution of IT project implementations to ensure anticipated benefits are realized.
• Partner with functional disciplines, including IT, Legal, Risk, Compliance, and Fraud, to determine project requirements and create execution plans.
• Identify significant cross-functional dependencies, oversee execution performance, and analyze whether financial and other objectives are met.
• Proactively escalate and resolve critical issues.
• Bridge strategy and implementation and collaborate with digital and IT partners to define strategy and prioritize work.
• Manage product risks in compliance with legal, regulatory, and risk requirements, including reporting.
• Develop business cases by identifying needs, analyzing options, and assessing expected returns on investment.
• Design and produce regular and ad hoc reports and dashboards.
• Support change management, typically focused on execution and sustainment activities.
• Monitor key product performance and growth metrics, identify trends, and recommend action plans.
• Lead or oversee vendor relationship and external partnership management and provide execution guidelines.
• Complete internal and regulatory reporting and attestations.
• Participate in and evaluate market research and competitive analysis for assigned products.
• Define and implement business cases and strategic roadmaps for banking products and services, including project and budget approvals.

Benefits

• Health insurance
• Tuition reimbursement
• Accident insurance
• Life insurance
• Retirement savings plans
• Performance-based incentives and discretionary bonuses may be included in total compensation.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level