Product Manager, Home Financing

BMO•Toronto, ON

4d•Onsite

About The Position

Build an exciting career and discover how Product Management has the power to shape the future of banking. You'll enjoy work that makes a difference while helping customers make real financial progress. In Product Management, you'll own your own product from end to end - visualizing, developing and improving the products and services that enhance our customer offerings. You'll work with various teams and lines of business within BMO to deliver growth in a highly competitive industry. We’re looking to change the way Canadian banks and you could be part of it. Join a team that’s making a difference. Grow your career in Product Management at BMO. The Product Manager, Home Financing is responsible for the analytical ownership and execution of monitoring tools to measure success of Home Financing acquisition programs and lead strategies. The role sits at the center of data, forecasting, and performance insights, translating complex information into clear recommendations that improve acquisition strategies outcomes and support disciplined risk management.

Requirements

Experience in the residential mortgage industry / secured lending product management.
Strong experience working with retail and business product fundamentals, including product design, functionality, and related policies and procedures.
Strong knowledge of product delivery infrastructure systems and underlying product interdependencies.
In-depth risk management associated with new and existing product development and management.
Researching market trends – in depth
Analytics and reporting – in-depth
Product marketing – in-depth
Financial Understanding – in-depth
Verbal & written communication skills - In-depth.
Collaboration & team skills - In depth.
Analytical and problem solving skills - In-depth.
Data driven decision making - In depth.
Possess advanced knowledge of Home Financing products and related industry
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
Familiar with/ willing to learn one or more industry leading data and analytics tool sets including, but not limited to PowerBI, SQL, SAS and Tableau

Responsibilities

Owns regular application, funding, and origination reporting across Home Financing acquisition programs and channels.
Develops and maintain forecasting models for applications, fundings, and volumes to support planning and performance management.
Analyzes acquisition funnels to identify trends, capacity constraints, and performance gaps by segment, channel, and program.
Delivers clear, executive-ready insights that link performance outcomes to underlying drivers and actions.
Monitors key product performance and growth metrics to identify trends and recommend action plans.
Reviews analysis of issues and identifies gaps and solutions.
Provides competitive analysis and benchmarking to identify product strengths and gaps, and extract insights.
Analyzes customer/consumer insights and channel data to identify strengths and gaps, and extract insights.
Develops solutions and makes recommendations based on an understanding of the business strategy and stakeholder needs.
Recommends and implements solutions based on analysis of issues and implications for the business.
Assists in the development of strategic plans and forecasts.
Identifies emerging issues and market trends to inform decision-making.
Supports the execution of strategic initiatives in collaboration with internal and external stakeholders.
Conducts independent analysis and assessment to resolve strategic issues.
Develops business cases by identifying needs, analyzing potential options, and assessing expected returns on investment.
Provides recommendations on product lifecycle.
Builds effective relationships with internal/external stakeholders.
Ensures alignment between stakeholders.
Breaks down strategic problems, and analyzes data and information to provide insights and recommendations.
Monitors and tracks performance, and addresses any issues.
Designs and produces regular and ad-hoc reports, and dashboards.