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

BMO; Toronto; On-site; CAD 86,000 - 185,000; Full time

Benefits offered by this job

Health insurance

Tuition reimbursement

Life insurance

Retirement savings plan

Job summary

BMO Financial Group is seeking a Senior Manager, Balance Transfer and Risk Reduction Programs to lead card portfolio strategies in Canada. This role drives revenue growth while balancing risk, conducts market research, forecasting, and competitive analysis, and partners with legal, regulatory, and risk teams to implement effective solutions.

You will collaborate with internal partners across the enterprise on Balance Transfers, Installment Lending, and Pre-Delinquency programs, guide program

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 knowledge of product delivery infrastructure systems and underlying product interdependencies.

Responsibilities

• Strategy oversight of Balance Transfers, Installment Lending and Pre-Delinquency programs at the customer level within the BMO Canadian retail and small business credit card portfolio; liaises with finance, credit risk, analytics, and operations; focuses on customer experience and program optimization.
• Operations & Financial Management: support long-term goals to reduce operational risk, maximize flexibility, and build new functionalities to drive customer behavior and revenue; manage program readiness, planning, and execution; meet financial metrics.
• Team Management: foster a high-performing team, develop staff, and align with BMO values; coordinate cross-functional work and ensure delivery of value.

Skills

Balance Transfers

Installment Lending

Pre-Delinquency programs

Credit risk management

Pricing & forecasting

Education

Bachelor's degree in Business or related field

Tools

TSYS

TRIAD

Job description

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.

Who we are

We’re proud to be fueling growth and expanding possibilities for individuals, families and businesses. More than 12 million customers count on us for personal and commercial banking, wealth management and investment services. As the 8th largest bank in North America by assets, we provide personal and commercial banking, wealth management and investment services to more than 12 million customers. In Canada, the United States and across the globe, we’ll continue to build, invest and transform to drive performance that serves the good that grows.

BMO is a leading bank driven by a single purpose: to Boldly Grow the Good in business and life. Everywhere we do business, we’re focused on building, investing and transforming how we work to drive performance and continue growing the good.