Senior Product Manager, Installment Loans
Top Benefits
About the role
Who We Are At Momentum Financial Services Group, we help people move forward by reimagining how money works for those who need it most. With more than 40 years of experience, we're the team behind Money Mart—Canada's largest non-bank branch network—and a leader in financial solutions for underserved communities.
From short-term loans to money transfers and prepaid cards, we power the products, technology, and operations that connect over a million customers a year to the money they need, when they need it.
At MFSG, we come together across teams and departments to create something bigger than ourselves: solutions that remove barriers and give people access to money they might not get anywhere else. Whether you're solving problems, building systems, or shaping strategy, your work fuels real support for real people.
We've Got You Covered
- Compensation Philosophy: Our strategy is simple—we aim to match the market. We regularly review industry standards to ensure our total rewards package is competitive and fair. This commitment helps us attract and retain talented individuals who share our purpose.
- Discretionary Annual Bonus: Enjoy the opportunity for a discretionary bonus based on individual performance and company success.
- Comprehensive Benefits: Our benefits include health and dental plans with 100% of the premiums covered. We also offer an Employee Assistance Program to support your mental well-being and provide resources for personal challenges.
- Retirement Plans: Plan for your future with our robust retirement savings options, ensuring you're set for the long haul.
- Hybrid Work Environment: Experience the best of both worlds with our hybrid work model, allowing you to balance remote work with in-office. When you're at our corporate head office, enjoy a relaxed and collaborative environment featuring breakout rooms for brainstorming and unwinding, plus a variety of snacks to keep you energized throughout the day.
- Perks and Rewards: Enjoy reimbursement for tuition assistance and professional development, discounts through Perkopolis and participate in our rewards and recognition programs to celebrate your contributions.
The Job: Senior Product Manager, Installment Loans We're looking for a strategic and performance-driven Product Manager to lead our installment loan portfolio. In this role, you'll own the strategy, development, and performance of the product portfolio, with a focus on customer acquisition, risk mitigation, and profitability.
The ideal candidate has deep experience in financial services product management, consumer lending, understands the full loan lifecycle, and has previously managed a P&L. You'll collaborate cross-functionally to enhance product offerings, implement data-informed strategies, and drive bottom-line results.
What You'll Do: Lead Product Strategy:
- Define the product strategy and develop the strategic roadmap
- Understand customer needs and use market insights to guide continuous product innovation and enhancement.
- Evaluate existing offerings and identify improvements to enhance competitiveness, customer experience, and revenue.
- Prioritize product features and initiatives based on strategic objectives and market opportunities
Own the P&L and Drive Performance:
- Manage revenue, expenses, and profitability targets for the product portfolio
- Ensure alignment between financial performance and broader business goals
- Monitor product portfolio KPIs, identify opportunities/risks, and implement risk mitigation and loss-reduction strategies
- Leverage analytics to improve underwriting, reduce default rates, and grow high-quality loan volume
- Identify and implement process improvements across the product lifecycle to improve scalability and operational efficiency
Partner Across the Business:
- Collaborate with marketing and digital teams to optimize the customer journey including acquisition, engagement and retention strategies
- Work with legal, compliance, and risk to ensure products meet regulatory requirements and internal controls
What You'll Bring to the Table:
- A data-driven and curious mindset—you thrive on insights and testing
- Ability to translate strategy into action across multiple stakeholders and departments
- Strong financial acumen and experience with financial modelling, budgeting, forecasting, and P&L management
- Proven ability to lead projects, solve complex problems, and drive results in a fast-paced environment
Education + Experience:
- 7+ years of experience in the financial services industry
- Experience owning and managing a product P&L; preferably in retail lending
- Experience leading cross-functional teams in high-growth environments
- Bachelor's degree in Finance, Business, Engineering or a related field; MBA preferred
Ready to make an impact? Apply today and bring your lending expertise to a team that's reshaping financial access
#SJ
About Momentum Financial Services Group
For over 40 years, Momentum Financial Services Group has been committed to providing financial solutions that meet the evolving needs of the consumers and business owners in our communities. We rely on our large retail network to provide our customers with diverse financial products such as loans, check cashing, money transfers, and prepaid cards.
We are a financial services company that began with the belief of putting people first. From the moment we first opened our doors to the company we are today – we have always stood by our goal to set the highest standards for customer service, convenience, and quality financial products and services.
As the word momentum implies, we want to help our customers get where they need to be. It starts with a moment – an emergency happens, an opportunity arises – and ends, not with an installment loan, but with a way to get back to work or take that next step towards the future. We believe in our customers, and we're here to provide them with a little momentum to build their positive future.
Since we opened our doors in 1979, our goal has been to empower customers to manage their finances and reach their financial goals. We understand that a loan isn't just a loan – it's momentum to achieve a positive future.
We believe in giving back to the communities where we live and work. We proudly contribute over $250,000 annually to charities and non-profit organizations, along with using our time and talent to serve in our local communities throughout Canada and the United States.
Momentum Financial Services Group is a team of more than 2,000 people serving customers throughout Canada and the United States. Our employees' personal and professional goals are important to us. As a result, we offer training programs, competitive benefits packages, personal incentives, and other exciting perks. Visit our corporate website, www.mfsg.com, to learn more about our company and products.
Senior Product Manager, Installment Loans
Top Benefits
About the role
Who We Are At Momentum Financial Services Group, we help people move forward by reimagining how money works for those who need it most. With more than 40 years of experience, we're the team behind Money Mart—Canada's largest non-bank branch network—and a leader in financial solutions for underserved communities.
From short-term loans to money transfers and prepaid cards, we power the products, technology, and operations that connect over a million customers a year to the money they need, when they need it.
At MFSG, we come together across teams and departments to create something bigger than ourselves: solutions that remove barriers and give people access to money they might not get anywhere else. Whether you're solving problems, building systems, or shaping strategy, your work fuels real support for real people.
We've Got You Covered
- Compensation Philosophy: Our strategy is simple—we aim to match the market. We regularly review industry standards to ensure our total rewards package is competitive and fair. This commitment helps us attract and retain talented individuals who share our purpose.
- Discretionary Annual Bonus: Enjoy the opportunity for a discretionary bonus based on individual performance and company success.
- Comprehensive Benefits: Our benefits include health and dental plans with 100% of the premiums covered. We also offer an Employee Assistance Program to support your mental well-being and provide resources for personal challenges.
- Retirement Plans: Plan for your future with our robust retirement savings options, ensuring you're set for the long haul.
- Hybrid Work Environment: Experience the best of both worlds with our hybrid work model, allowing you to balance remote work with in-office. When you're at our corporate head office, enjoy a relaxed and collaborative environment featuring breakout rooms for brainstorming and unwinding, plus a variety of snacks to keep you energized throughout the day.
- Perks and Rewards: Enjoy reimbursement for tuition assistance and professional development, discounts through Perkopolis and participate in our rewards and recognition programs to celebrate your contributions.
The Job: Senior Product Manager, Installment Loans We're looking for a strategic and performance-driven Product Manager to lead our installment loan portfolio. In this role, you'll own the strategy, development, and performance of the product portfolio, with a focus on customer acquisition, risk mitigation, and profitability.
The ideal candidate has deep experience in financial services product management, consumer lending, understands the full loan lifecycle, and has previously managed a P&L. You'll collaborate cross-functionally to enhance product offerings, implement data-informed strategies, and drive bottom-line results.
What You'll Do: Lead Product Strategy:
- Define the product strategy and develop the strategic roadmap
- Understand customer needs and use market insights to guide continuous product innovation and enhancement.
- Evaluate existing offerings and identify improvements to enhance competitiveness, customer experience, and revenue.
- Prioritize product features and initiatives based on strategic objectives and market opportunities
Own the P&L and Drive Performance:
- Manage revenue, expenses, and profitability targets for the product portfolio
- Ensure alignment between financial performance and broader business goals
- Monitor product portfolio KPIs, identify opportunities/risks, and implement risk mitigation and loss-reduction strategies
- Leverage analytics to improve underwriting, reduce default rates, and grow high-quality loan volume
- Identify and implement process improvements across the product lifecycle to improve scalability and operational efficiency
Partner Across the Business:
- Collaborate with marketing and digital teams to optimize the customer journey including acquisition, engagement and retention strategies
- Work with legal, compliance, and risk to ensure products meet regulatory requirements and internal controls
What You'll Bring to the Table:
- A data-driven and curious mindset—you thrive on insights and testing
- Ability to translate strategy into action across multiple stakeholders and departments
- Strong financial acumen and experience with financial modelling, budgeting, forecasting, and P&L management
- Proven ability to lead projects, solve complex problems, and drive results in a fast-paced environment
Education + Experience:
- 7+ years of experience in the financial services industry
- Experience owning and managing a product P&L; preferably in retail lending
- Experience leading cross-functional teams in high-growth environments
- Bachelor's degree in Finance, Business, Engineering or a related field; MBA preferred
Ready to make an impact? Apply today and bring your lending expertise to a team that's reshaping financial access
#SJ
About Momentum Financial Services Group
For over 40 years, Momentum Financial Services Group has been committed to providing financial solutions that meet the evolving needs of the consumers and business owners in our communities. We rely on our large retail network to provide our customers with diverse financial products such as loans, check cashing, money transfers, and prepaid cards.
We are a financial services company that began with the belief of putting people first. From the moment we first opened our doors to the company we are today – we have always stood by our goal to set the highest standards for customer service, convenience, and quality financial products and services.
As the word momentum implies, we want to help our customers get where they need to be. It starts with a moment – an emergency happens, an opportunity arises – and ends, not with an installment loan, but with a way to get back to work or take that next step towards the future. We believe in our customers, and we're here to provide them with a little momentum to build their positive future.
Since we opened our doors in 1979, our goal has been to empower customers to manage their finances and reach their financial goals. We understand that a loan isn't just a loan – it's momentum to achieve a positive future.
We believe in giving back to the communities where we live and work. We proudly contribute over $250,000 annually to charities and non-profit organizations, along with using our time and talent to serve in our local communities throughout Canada and the United States.
Momentum Financial Services Group is a team of more than 2,000 people serving customers throughout Canada and the United States. Our employees' personal and professional goals are important to us. As a result, we offer training programs, competitive benefits packages, personal incentives, and other exciting perks. Visit our corporate website, www.mfsg.com, to learn more about our company and products.