Application Deadline:

06/19/2026

Address:

33 Dundas Street West

Job Family Group:

Customer Solutions

The Policy Manager, Strategy Initiatives is responsible for executing key initiatives and day-to-day activities within the broader team that support the advancement of the Bank’s Personal Lending and Home Buying business. This role has a strong focus on business transformation, including the supporting the growth of the emerging channels.

Working closely with cross-functional partners, the Policy Manager ensures that all deliverables are grounded in a balanced approach to risk and opportunity, considering customer needs, regulatory requirements, and the competitive landscape.

The role requires both independent and collaborative leadership to define, recommend, and implement new or enhanced capabilities that drive differentiation and competitive advantage. The Policy Manager oversees multiple initiatives simultaneously, providing subject matter expertise in product and policy, offering clarification, and supporting effective change management.

Additionally, the role is accountable for identifying upstream and downstream impacts across business operations, employee experience, and customer outcomes, while ensuring alignment with product strategy and the Bank’s risk appetite.

60% A Policies/Processes

15% B Risk Management and Control

15% C Compliance

10% D Managerial Leadership & Planning

ACCOUNTABILITIES

A. Control Policies/Processes

• Provide subject matter expertise on design and implement end-to-end product processes that ensures the effective and efficient delivery of products.
• Manage and maintain policies to optimize risk/return, including leading the development of tools, methods to support the achievement of the business agenda and to ensure all regulatory requirements are met.
• Work with partners on Change Management for deliverables including coordinating any policy and process changes to ensure clear, concise communication.

B. Risk Management and Control

• Manage and maintain an effective relationship with Credit Risk, ensuring the interests of Personal Banking Canada are effectively represented on current risk profiles and practices. Act as a broker between the Product Team and Partner (e.g. Credit Risk, HBT, Third Parties) to ensure that all concerns, issues and opportunities are identified and addressed

C. Compliance

• Ensure new or enhancements adhere to the regulatory environment i.e., Anti-Money Laundering (AML), Department of Finance, OSFI, and Provincial Registries ensuring all regulatory requirements are met.
• Provide subject matter expertise on all product related initiatives involving regulatory requirements, including recommending changes to policies & procedures to support overall business goals.
• Lead / participate in the investigations, recommend and implement solutions as required.
• Manage and prioritize technology changes to meet regulatory requirements providing technical requirements for both CCAPS/CFS, MDIF, and Strata changes to our Technology and P&C Risk partners.

D.1. Managerial Leadership & Planning

• Establish a working relationship with team and partners to solicit their views on the working environment, potential changes affecting their work, continuous improvement opportunities, and revisions to the plan.
• Establish and optimize project team integration by articulating the linkages between the accountabilities and authorities of different roles across the group and by establishing the context in which they will work collaboratively with one another.
• Ensure the effective implementation of Bank initiatives and programs through the establishment of appropriate context and setting of direction for direct reports by providing relevant information, establishing goals, and setting limits with the context and prescribed limits of the Home Financing & Personal Lending group.

D. 2. Planning

Review progress to plans, and develop, communicate and actively participate in the implementation of actions necessary to correct internal and external issues. Escalate significant issues.

Salary :

$69,000.00 - $129,000.00

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.