Receivables Product Manager

Receivables Product Manager

Apply locations Toronto, ON, CAN time type Full time posted on Posted 3 Days Ago job requisition id R240031178

Application Deadline: 01/12/2025

Address: 33 Dundas Street West

Job Family Group: Customer Solutions

Job Description

Join Bank of Montreal’s North American Treasury & Payment Solutions (TPS) team and help drive the optimization and digitization of our receivables capabilities. We are seeking a product manager to join a dynamic team of product professionals, dedicated to fostering an empowering team environment and serving our clients’ needs within a diverse product suite. The successful candidate is passionate about delivering the best client experience through the management and innovation of products, platforms, and multi-channel integration.

Product Management Key Accountabilities:

1. Product Development - design, manage, and enhance products throughout the product lifecycle with the ability to identify and analyze client/stakeholder needs and user testing related feedback.
2. Product Financials - managing product P&L’s by analyzing financials, maintaining, and enhancing periodic product dashboards, as well as presenting the product financial progress on a routine basis.
3. Product Strategy and Roadmap Planning - collaborating and maintaining relationships with key stakeholders, staying current on industry trends, and executing on the product strategy and providing thought-leadership in the industry.
4. Product Marketing - creation and maintenance of informative product documents to support internal and external training and servicing.
5. Product Operations - partnering with internal and external stakeholder to identify opportunities for improving the client experience or simplifying product processes.
6. Risk Management – participation in risk assessments, routine reviews of product procedures to ensure regulatory and risk adherence and ownership of remediation.

Preferred Qualifications:

• Self-starter with a technical aptitude and desire to learn
• Strong analytical, problem-solving skills, with the ability to make recommendations and data-driven decisions
• Effective presentation and written communication skills, and collaborative relationship building skills across teammates, partners, vendors, and clients.
• Adaptable to change direction as the business and market demands
• Microsoft skills (Word, Excel, PowerPoint, SharePoint, Teams, Outlook)
• Familiarity with Canadian and U.S. Cash and Checks/Cheques commercial products
• Familiarity with Canadian and U.S. treasury management commercial products
• Familiarity with accounts receivables payments and reconciliation products or processes
• Project management and/or change management experience

Salary: $68,000 - $126,000

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.

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: BMO Benefits.

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.

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.