Finance - Head of Product Finance
2 months ago
Time Type: Full Time
The Group Product Manager, Home Financing will primarily be responsible for managing the P&L for the products within the Home Financing line of business, focusing on capital, funding, and liquidity implications while building product systems to enable new ways to ROE for the business. The group product manager will ensure business plan expectations are achieved with additional focus on product design, strategy, customer experience, efficiency, compliance, innovation, continuous improvement, and risk management.
This position will serve as an effective liaison with senior leadership, finance, corporate funding, risk capital, and capital markets teams to develop strategies that will optimize the profitability of BMO Home Financing portfolios.Ensures alignment between values and behavior that fosters diversity and inclusion.Acts as a subject matter expert on relevant regulations and policies.Makes HF product strategy and new initiative recommendations to senior leaders.Conducts independent analysis and assessment to resolve strategic issues.Breaks down strategic problems and analyzes data to provide insights and recommendations.Oversees the development of business analytics and insights.Conducts complex market research and data analysis.Influences credit product risk parameters and develops risk management controls.Monitors key product performance and growth metrics.Assesses customer/consumer and channels analysis and develops recommendations.Resolves internal, complex or higher risk customer escalations.Works with partners to develop salesforce training and materials.7+ years of relevant experience and post-secondary degree in Business or a related field.Strong experience with consumer/commercial credit applicable to retail and business financing products.Desirable experience in corporate funding, capital management, or treasury functions.In-depth retail and business banking environmental awareness.In-depth risk management associated with product development.Strong knowledge of banking product management and regulatory requirements.In-depth experience in building business cases and researching market trends.Good/in-depth software and systems architecture knowledge.In-depth/expert data-driven decision-making skills.BMO Financial Group’s total compensation package will vary based on pay type and may include performance-based incentives and other perks. p>We’re here to help-
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