Product Owner

Banque Nationale du Canada; Toronto; On-site; CAD 140,000 - 190,000; Full time

Benefits offered by this job

Health and wellness program

Employee Share Ownership Plan

Employee and family assistance program

Preferential banking services

Involvement in community initiatives

Virtual sleep clinic

Job summary

National Bank of Canada is seeking a Director, Product Owner within the New Products & Activities team to shape and deliver strategic initiatives that drive the evolution of our Capital Markets business. You will partner with business and technology stakeholders to lead enterprise-wide initiatives from concept to implementation, ensuring the delivery of business value and outcomes.

Focus: Lead the modernization of DTCC capabilities and support the transition to a 24x7 operating model for U.S.

Qualifications

• Bachelor’s/Master’s degree and 10+ years of Capital Markets experience.
• Experience with DTCC, CDS, and settlement processes.
• Experience on large initiatives and working with senior executives.
• Excellent communication and stakeholder management.

Responsibilities

• Communicate the business vision and own achievement of outcomes.

Skills

Capital Markets

Communication

Critical Thinking

Diversity & Inclusion

Innovation

Management

Problem Solving

Teamwork

Accountability

Digital literacy

Initiative

Scrum

Professional Product Owner

Courage

Collaboration

Self-Awareness

Education

Bachelor’s/Master’s degree in a relevant field

Job description

Area(s) of interest: Capital Markets and treasury

Location(s): Montreal, Toronto

As a Director, Product Owner within the New Products & Activities team at National Bank of Canada, you will play a pivotal role in shaping and delivering strategic initiatives that drive the evolution of our Capital Markets business. Working in close partnership with business and technology stakeholders, you will lead complex, enterprise-wide initiatives from concept to implementation, ensuring the successful delivery of business value and outcomes.

Focus: Lead the modernization of DTCC capabilities and support the transition to a 24x7 operating model for U.S. equities, driving readiness across business lines, legal entities, operational teams, and cross-functional partners. This highly visible initiative sits at the intersection of strategy, operations, technology, and regulatory change, offering the opportunity to influence the future of Capital Markets infrastructure and processes.

Your Job

• Communicate the business vision for the solution and own the achievement of expected business outcomes, value realization, and stakeholder adoption.
• Own business scope, priorities, and roadmap decisions, including the approval of scope changes based on value, strategic objectives, and business outcomes.
• Ensure business requirements are complete and signed off with stakeholders, clearly articulating the business need, objectives, and target users.
• Identify the Minimum Viable Product (MVP) and define deliverables, breaking down scope into value-based increments and establishing business sequencing considerations.
• Maintain backlog health and oversee delivery governance, including the management of technical and architectural debt, validation of Definition of Ready and Definition of Done criteria, and confirmation that increments meet business needs.
• Ensure delivery decisions support business objectives, value realization, operational readiness, solution sustainability, and reusability, while validating that processes and time-to-market (T2M) standards are applied.
• Own business risks related to scope, value realization, stakeholder readiness, operational readiness, and solution adoption, providing business decisions, priority updates, value realization reporting, and risk assessments to governance forums.
• Own stakeholder engagement, requirements alignment, prioritization decisions, and change management, presenting increment priorities and changes clearly, mobilizing teams toward business outcomes, and ensuring Day 2 operational readiness.

Your Team

This position reports to the Managing Director in the New Products and Activities team within the Capital Markets sector. Our team consists of around 45 highly experienced, talented, and dedicated individuals and stands out for its strong collaboration, agility, and deep understanding of capital markets activities and operating models.

You will work closely with specialized experts (trading, risk solutions, operations), with strong visibility and fast learning on strategic, regulatory, and optimization initiatives.

Requirements

• Bachelor’s/Master’s degree and 10+ years of relevant Capital Markets experience.
• Experience with DTCC, CDS, strong expertise with settlement processes and related dealer processes (execution, allocations, segregation, security lending, records and all downstream)
• Previous experience on large initiative, process optimization and senior executive management.
• Influential leadership, autonomy, and sound judgment; strong collaboration skills.
• Analytical mindset and strong organization; comfortable with ambiguity and under pressure.
• Excellent communication and stakeholder management skills.
• Willingness to travel as needed.

Languages:

Reason to require this language: you will need to discuss frequently with our service providers or partners who speak a language other than French.

Skills

Press space or enter keys to toggle section visibility

Capital Markets Communication Critical Thinking Diversity & Inclusion Innovation Management Problem Solving Teamwork Accountability Digital literacy Initiative Scrum Professional Product Owner Courage Collaboration Self-Awareness

In addition to competitive compensation, upon hiring you’ll be eligible for a wide range of flexible benefits to help promote your wellbeing and that of your family such as:

• Health and wellness program, including many options
• Employee Share Ownership Plan
• Employee and family assistance program
• Preferential banking services
• Involvement in community initiatives
• Virtual sleep clinic

We have an offer that keeps up with trends as well as your needs and those of your family.

Our dynamic work environments and cutting-edge collaboration tools foster a positive employee experience. We value employees’ ideas. Whether through our surveys or programs, regular feedback and ongoing communication are encouraged.

Making a bold move in a people-first environment

We’re a bank on a human scale that stands out for its courage, entrepreneurial culture, and passion for people. Our mission is to have a positive impact on people’s lives. Our core values of partnership, agility, and empowerment inspire us, and inclusion is central to our commitments. We aim, wherever possible, to provide a barrier-free and accessible environment to all employees.

We strive to provide accessibility measures throughout the recruitment process within the limits of our available resources. If you require accommodations, feel free to let us know during our initial conversations. We welcome all candidates! What can you bring to our team?

Why work at National Bank?

For an environment that supports your career path

There are many varied opportunities for you to progress and develop, and move ahead in your career. This includes on-the-job learning and training, co-development and pairing with other employees, professional support and mentoring, internal career days or discussion forums with our leaders.

For an inclusive and diverse environment

We foster inclusion in an environment where each person’s unique qualities, whether visible or invisible, are celebrated and valued. We welcome all candidates! What can you bring to our team?