Senior Manager, Balance Transfer and Risk Reduction Programs, Retail and Small Business Credit Cards

Job summary

The Senior Manager leads the development and implementation of balance transfer, installment lending, and pre-delinquency programs for the credit card portfolio. They are responsible for driving incremental revenue and balance growth while managing operational and financial risks in collaboration with internal partners.

Job details

Application Deadline: 11/02/2026 Address: 33 Dundas Street West Job Family Group: Customer Solutions The Senior Manager, Balance Transfer and Risk Reduction Programs leads, defines, aligns, develops, and implements Card portfolio management strategies. 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 partnership with legal, regulatory, and risk compliance, and reporting. Collaborates with internal partners across the enterprise to take programs to market; including Balance Transfers, Installment Lending, and Pre-Delinquency programs. This role is primarily responsible for driving incremental revenue and balance growth while managing risk return against losses. ACCOUNTABILITIES A. Strategy Oversight of overall strategy and implementation of programs related to Balance Transfers, Installment Lending and Pre-Delinquency programs at the customer level within the BMO Canadian retail and small business credit card portfolio. This role is a key liaison with various partners, including finance, credit risk, analytics, and operations. Makes sound and risk informed decisions that align to business strategy, protect assets, and adhere to applicable policy documents (Frameworks, Policies, Standards, Procedures and Supporting documents), laws and regulations. Strong focus on customer experience, change management and program optimization B. Operations & Financial Management This role is a key subject matter expert supporting long term goals to reduce operational risk, maximize flexibility and build new functionalities designed to drive customer behavior, retention, or growth of balance and revenue amongst credit card customers. Leads change management programs of varying scope and type, including readiness assessments, planning, stakeholder management, execution, evaluation and sustainment of initiatives. Develops and implements action plans that meet financial and growth metrics C. Team Management Fosters a team culture aligned to BMO purpose, values and strategy and role models BMO values and behaviours in all that they do. Builds interdependent teams that collaborate across functional and operating groups to create the highest value for all stakeholders. Improves team performance, recognizes and rewards performance, coaches employees, supports their development, and manages poor performance. Broader work or accountabilities may be assigned as needed. QUALIFICATIONS Typically 7+ years of relevant experience and post-secondary degree in Business or a related field of study or an equivalent combination of education and experience. Strong experience with consumer / commercial credit applicable to retail and business financing products. Strong experience working with retail and business product fundamentals, including product design, functionality, and related policies and procedures Strong knowledge of product delivery infrastructure systems and underlying product interdependencies. In-depth retail and business banking environmental awareness / understanding. In-depth risk management associated with new and existing product development and management. Strong knowledge of process coordination and management. Strong knowledge of banking product management and associated industry and regulatory requirements. Prior experience with TSYS and TRIAD systems is an asset. Prior experience leading people. Salary: $85,500.00 - $185,000.00 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.

What you’ll do

The Senior Manager leads the development and implementation of balance transfer, installment lending, and pre-delinquency programs for the credit card portfolio. They are responsible for driving incremental revenue and balance growth while managing operational and financial risks in collaboration with internal partners.

Requirements

Candidates typically require 7+ years of relevant experience and a post-secondary degree in Business or a related field. Strong expertise in consumer credit, product management, and risk assessment within the banking industry is essential.

Benefits

• Health insurance
• Tuition reimbursement
• Accident insurance
• Life insurance
• Retirement savings plans
• Performance-based incentives
• Discretionary bonuses

Listed skills

• Risk Management · Preferred
• Change Management · Preferred
• Product Development · Preferred
• Stakeholder Management · Preferred
• Regulatory Compliance · Preferred
• Team Leadership · Preferred

Other relevant skills

Identified from the job description. Confirm important requirements above.

• Portfolio management
• Market research
• Financial forecasting
• Pricing strategy
• Risk management
• Change management
• Product development
• Stakeholder management
• Credit risk analysis
• Regulatory compliance
• Data analytics
• Operational risk reduction
• Team leadership
• Strategic planning
• Banking product management
• Change Management
• Planning
• Management
• Operations
• Milestones (Project Management)
• Coordinating
• Stakeholder Management
• Team Performance Management
• Risk Management
• Product Knowledge
• Business Strategies
• Team Management
• Coaching
• Finance
• Customer Service
• Forecasting
• Economic Growth
• Competitive Analysis
• Portfolio Management
• New Product Development
• Market Research
• Financial Management
• Regulatory Requirements
• Product Design
• Product Management
• Consumer Behaviour
• Commercial Banking
• Credit Risk
• Risk Reduction
• Operational Risk
• Banking
• Business Credit Reports
• Program Optimization
• Health Insurance

Job areas

• Finance & Accounting
• Management & Leadership
• Retail
• Consulting
• Personal and Small Business Banker
• Credit Manager
• Credit and Loans Officers
• Credit Analysts

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