Vice President, Product Management, Trade Finance

33 Dundas Street West Toronto Ontario,M5G 3C2

The Trade Finance product team is a key contributor within Treasury & Payment Solutions (T&PS). We are experienced trade finance professionals that help our clients navigate global trade corridors and improve working capital efficiency. We provide innovative products and solutions for activities related to commerce and international trade, which includes traditional trade products (such as Documentary Letters of Credit, Standby Letters of Credit, Demand Guarantees and Documentary Collections) and Supply Chain Finance products.

**LIVING OUR CULTURE**

At our core, we’re builders - proud to be fueling growth and expanding possibilities for individuals, families and businesses.

**INSPIRED BY OUR PURPOSE**

BMO’s Purpose is to Boldly Grow the Good in business and life. It guides every decision we make and inspires and empowers us to do more for the customers and communities we serve. As a commercial enterprise, we are intent on growing, but believe that growth must be inclusive, creating benefits for families, businesses, and the wider world around us. Our focus is more than profit - it’s progress.

BMO’s Purpose identifies what we are here to do. BMO’s four values illuminate who we are.

**We are looking for a Vice President, Product Management, Trade Finance**

Our **Vice President, Product Management, Trade Finance **will research, define, align, develop, and implement sales and marketing strategies with P&L (profit and loss) accountability to enable the sales force to effectively sell, fulfill, and service new and existing individual or portfolio of banking products and improve the customer experience. Carries out market research, forecasting, pricing, and competitive analysis, monitors product and system performance, and assesses problems to develop and implement solutions. Manages product risks in compliance with legal, regulatory, and risk compliance, and reporting. Collaborates with internal partners across the enterprise to take products to market.

Product supports the global trade finance business for BMO. We serve most Capital Markets and P&C industry sectors. The role involves frequent interaction and extensive teamwork with BMO colleagues from various market segments and lines of business around the world including sales, relationship management, risk, credit, legal, compliance and operations. It also involves interaction with external business partners such as technology providers, consultants and other service providers, industry associations and government agencies.

**Accountabilities**:

- Recommends and implements solutions based on analysis of issues and implications for the business.
- Assists in the development of strategic plans.
- Identifies emerging issues and 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.
- Designs and produces regular and ad-hoc reports, and dashboards.
- Breaks down strategic problems and analyzes data and information to provide insights and recommendations.
- Monitors and tracks performance and address any issues.
- Supports change management of varying scope and type; tasks typically focused on execution and sustainment activities.
- Executes work to deliver timely, accurate, and efficient service.
- Monitors key product performance and growth metrics to identify trends and recommend action plans.
- Leads/oversees the management of vendor relationships and external partnerships and provides guidelines for execution; ensures that all agreements are met as per requirements.
- Resolves internal, complex, or higher risk customer escalations or policy exceptions, which may include interactions with clients and sales.
- 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.
- Completes internal and regulatory reporting, and attestations.
- Identifies existing and potential risks and develops risk management controls and processes.
- Supports development of key metrics and identification of trends.
- Gathers customer and sales feedback and analyzes issues.
- Participates in and evaluates market research and competitive analysis associated with assigned products.
- Participates in and evaluates customer / consumer insights and channel information.
- Acts as the day to day contact for vendors; supports the implementation, maintenance, and sustain