Consumer Lending Private Bank Product Manager

BMO Financial

  • Naperville, IL
  • $74,000-138,000 per year
  • Permanent
  • Part-time
  • 17 hours ago
Application Deadline: 09/17/2025Address: 1200 E. Warrenville RoadJob Family Group: Customer SolutionsAs a Product Manager within BMO’s Private Bank, you’ll be responsible for shaping and managing consumer lending products tailored to high-net-worth clients.You’ll lead product lifecycle activities—from strategy and design to performance tracking and enhancement—while ensuring compliance and profitability.What You’ll Do:
  • Define and implement product strategies with full P&L accountability
  • Conduct pricing analysis, forecasting, and competitive benchmarking
  • Monitor product performance and recommend improvements
  • Collaborate with internal stakeholders to align product goals and execution
  • Manage vendor relationships and ensure contractual compliance
  • Analyze customer feedback and market data to guide product decisions
  • Support strategic planning, reporting, and change management initiatives
  • Develop marketing strategies and training materials for sales teams
  • Ensure regulatory compliance and risk mitigation across product lines
What You Bring:
  • 5–7 years of experience in consumer lending or commercial credit
  • Strong knowledge of product design, delivery systems, and policy frameworks
  • Experience in market research, analytics, and product marketing
  • Ability to build business cases and manage cross-functional projects
  • Excellent communication, problem-solving, and influence skills
  • Deep understanding of banking regulations and risk management
Salary:$74,000.00 - $138,000.00Pay Type: SalariedThe 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:About UsAt 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 atBMO is proud to be an equal employment opportunity employer. We evaluate applicants without regard to race, religion, color, national origin, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, transgender status, sexual stereotypes, age, status as a protected veteran, status as an individual with a disability, or any other legally protected characteristics. We also consider applicants with criminal histories, consistent with applicable federal, state and local law.BMO is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation because of a disability for any part of the employment process, please send an e-mail to and let us know the nature of your request and your contact information.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.

BMO Financial