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Product Manager, Mortgage

Job in Chicago, Cook County, Illinois, 60290, USA
Listing for: Hispanic Alliance for Career Enhancement
Full Time position
Listed on 2026-02-06
Job specializations:
  • Finance & Banking
    Risk Manager/Analyst
Salary/Wage Range or Industry Benchmark: 74000 USD Yearly USD 74000.00 YEAR
Job Description & How to Apply Below

Final date to receive applications

02/12/2026

Address

320 S Canal Street

Job Family Group

Customer Solutions

Responsibilities

Researches, defines, aligns, develops, and implements product strategies to enable effective sales, fulfillment, and servicing of new and existing consumer lending products. Carries out market research, forecasting, pricing, and competitive analysis, monitors product and system performance, and assesses problems to develop and implement solutions. Ensures compliance with applicable laws and regulations and risk policies. Collaborates with internal partners across the enterprise to take products to market.

  • Develops comprehensive business cases to enhance product or customer experience, including the identification of needs and emerging issues/trends, analysis of benefits and risks of potential options, and estimation of expected returns on investment.
  • Develops detailed project implementation plans; coordinates timely execution of related activities alongside internal and external stakeholders.
  • Designs and produces regular and ad-hoc reporting to monitor key product performance and growth metrics and support risk management and policy development.
  • Supports change management of varying scope and type; tasks typically focused on execution, training, and sustainment activities.
  • Resolves internal, complex or higher-risk customer escalations or policy exceptions, which may include interactions with clients and sales.
  • Gathers customer and sales feedback and analyzes issues.
  • Participates in and evaluates market research and competitive analysis to identify product strengths and gaps, and extract insights.
  • Acts as the day-to-day contact for external partners; supports the implementation, maintenance, and sustainment of vendor solutions; ensures that all agreements are met as per requirements.
  • Develops and updates product documentation, templates, and requirements to accurately reflect product and systems functionality.
Qualifications
  • Typically between 5 - 7 years of relevant experience and post-secondary degree in 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.
  • Building business cases - in-depth
  • Researching market trends - in-depth
  • Relationship management - in-depth
  • Analytics and reporting - in-depth
  • Product marketing - in-depth
  • Negotiation skills - good
  • Software and systems architecture knowledge - good/in-depth
  • Financial Understanding - good/in-depth
  • Deep knowledge and technical proficiency gained through extensive education and business experience.
  • Verbal & written communication skills - In-depth.
  • Collaboration & team skills - In-depth.
  • Analytical and problem solving skills - In-depth.
  • Influence skills - In-depth.
  • Data driven decision making - In-depth.
Salary

$74,000.00 - $

Pay Type Salaried 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…

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