Director, Product Development & Implementation

Defines and implements the product development for alternatives Investment products, largely delivered via an offering memorandum. Innovates to develop new products and enhancements to existing ones. Collaborates with internal partners across the organization to take products to market, and manages all risks associated with products to ensure compliance, including risk reporting.

• Execute strategic and tactical product plans, for designated products/services
• Provide project management, facilitation and execution of project plans, in support of tactical initiatives designed to meet designated product goals and objectives, including but not limited to new product design, development and implementation
• Manage and direct resources, build effective relationships with internal/external stakeholders to support initiatives and ensure alignment.
• Work closely with the Head of Strategic Initiatives from the Alternatives Investment team to ensure seamless coordination.
• Liaise and consult with Product Team members, in the execution of product plans with primary responsibility for specific product initiatives
• Cross train others in the Product Team to promote resilience and scalability
• Maintain and update business and operational policies to incorporate new product offerings and product amendments.
• Manage internal and external third party relationships related to designated products/services
• Manage financial resources and budget constraints, in order to meet the financials goals of the designated products/services
• Direct personnel to aid in accomplishing strategic and tactical product goals and objectives, across the organization
• Participate in web site initiatives
• Maintain data in MS excel based data templates, access and manipulate data from external sources such as Bloomberg, Index Providers etc.
• Assist in supporting Continuous Disclosure requirements by providing or co-ordinating content and proofing of documents
• Assist in writing commentary to support Products as necessary
• Assist in the development of training and communication programs for line personnel, including but not limited to the coordination of training and sales teams
• Complete assigned deliverables with little day-to-day management.
• Perform additional duties as assigned

ORGANIZATIONAL STRUCTURE

• Reports to the Director of Product Development & Implementation

KNOWLEDGE AND SKILLS

a) Knowledge:

• Master or Bachelor’s degree in business, finance, marketing or related field
• Minimum 7 – 10 years of experience with a thorough knowledge and understanding of mutual fund products and the investment industry
• Industry accreditations an asset (CSC, CFP, CIM, CFA, CAIA)
• Thorough knowledge and understanding of financial services industry including: products solutions, mutual funds, exchange traded funds, pooled funds and Alternative investments, industry and distribution channels

b) Skills:

• Demonstrated project management skills with strong organizational, analytical and problem-solving capabilities
• Excellent verbal and written communication skills
• Strong analytic and problem-solving skills
• Demonstrated skill in MS Excel including ability in VBA for Microsoft Excel and familiarity with MS Access
• Self-motivated and results-oriented
• Strong relationship management skills
• Works effectively in a fast-paced and dynamic environment

Salary: $92,400.00 - $171,600.00

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.