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Bank of Montreal

Digital Product Owner

Posted 10 Days Ago
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In-Office
Toronto, ON
Senior level
In-Office
Toronto, ON
Senior level
Lead the digital product development lifecycle, optimizing processes and driving innovation for customer solutions. Requires 7+ years of experience.
The summary above was generated by AI

Application Deadline:

09/29/2025

Address:

250 Yonge Street

Job Family Group:

Customer Solutions

We’re seeking a strategic leader to join our Home Buying Transformation team, driving digital service innovation, renewal optimization, and cost efficiencies across P&BB. The ideal candidate has experience leading medium to large-scale digital and process transformations (DPO), delivering complex technology projects, and applying Six Sigma principles to optimize operations. Strong project ownership, change management skills, and a background in mortgage services would be assets. 

Develops and delivers the full product development lifecycle from setting strategic objective to bringing a product to market that delivers business value. Researches, investigates, selects and develops products and services bridging business requirements with technology capabilities. Drives end-to-end product lifecycle including the 'why', 'when' and 'what' of the product, persona development, proof of concepts, backlog management and product activation through to product retirement. Provides the voice of the business to cross-functional product teams to clarify feature, story and content requirements; create story acceptance criteria; prioritizes the product backlog; and translates the product vision into a roadmap and actionable tasks.

  • Identifies the overall goal of a product(s), drives engagement of stakeholders and leads the adoption of product.
  • Drives the overall customer experience definition and prioritization that enables a focus on what matters most to our customers.
  • Ensures product management and development teams are producing in parallel, and are working together effectively and efficiently.
  • Builds and sustains high performing cross-functional teams; Monitors and tracks performance, and addresses any issues.
  • Addresses blockers related to adoption and correct usage of the product- including communications, documentation and training.
  • Establishes the go-to-market, pricing and positioning strategies.
  • Plans & manages the budget, timeline, and tactical components, throughout the product lifecycle.
  • Identifies and analyzes market trends to update and improve product usability
  • Ensures that a new product in development, or a new feature of an existing product is proven to be desirable, viable and functional.
  • Fosters a culture aligned to BMO purpose, values and strategy and role models BMO values and behaviours in all that they do.
  • Ensures alignment between values and behaviour that fosters diversity and inclusion.
  • Regularly connects work to BMO’s purpose, sets inspirational goals, defines clear expected outcomes, and ensures clear accountability for follow through.
  • Builds interdependent teams that collaborate across functional and operating groups to create the highest value for all stakeholders.
  • Attracts, retains, and enables the career development of top talent.
  • Improves team performance, recognizes and rewards performance, coaches employees, supports their development, and manages poor performance.
  • Operates at a group/enterprise-wide level and serves as a specialist resource to senior leaders and stakeholders.
  • Applies expertise and thinks creatively to address unique or ambiguous situations and to find solutions to problems that can be complex and non-routine.
  • Implements changes in response to shifting trends.
  • Broader work or accountabilities may be assigned as needed.

Qualifications:

Intermediate level of proficiency:

  • Marketing Analysis.
  • Creative thinking.

Advanced level of proficiency:

  • Process Improvement and optimization.
  • Business Strategy.
  • Research and information synthesis.
  • Business Operations.
  • Financial & Risk Management.
  • Product Management.
  • Learning Agility.
  • Customer centricity.
  • Collaboration.
  • Product Development.
  • Product Value Proposition and Go-to-Market Assets Definition, Design and Development.
  • Technology Business Requirements. Definition, Analysis and Mapping.
  • Product Lifecycle Management (Using Agile Methodologies).
  • Complex Problem Solving.
  • Verbal & written communication skills.
  • Analytical and problem solving skills.
  • Influence skills.
  • Collaboration & team skills; with a focus on cross-group collaboration.
  • Able to manage ambiguity.
  • Data driven decision making.
  • Typically 7+ years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience
  • Seasoned professional with a combination of education, experience and industry knowledge.

Salary:

$94,600.00 - $176,000.00

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. For commission roles, the salary listed above represents BMO Financial Group’s expected target for the first year in this position.

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: https://jobs.bmo.com/global/en/Total-Rewards

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.

As a member of the BMO team you are valued, respected and heard, and you have more ways to grow and make an impact. We strive to help you make an impact from day one – for yourself and our customers. We’ll support you with the tools and resources you need to reach new milestones, as you help our customers reach theirs. From in-depth training and coaching, to manager support and network-building opportunities, we’ll help you gain valuable experience, and broaden your skillset.

To find out more visit us at https://jobs.bmo.com/ca/en.

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. To request accommodation, please contact your recruiter.

Note to Recruiters: BMO does not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to BMO, directly or indirectly, will be considered BMO property. BMO will not pay a fee for any placement resulting from the receipt of an unsolicited resume. A recruiting agency must first have a valid, written and fully executed agency agreement contract for service to submit resumes.

Top Skills

Agile Methodologies
Six Sigma

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