AI/GenAI Product Owner

Bank of Montreal; New Jersey; Hybrid; USD 120,000 - 223,000; Full time

Job summary

The AI/GenAI Product Owner at BMO Bank is a strategic role responsible for shaping and managing innovative AI-driven products in a regulated financial environment. This position requires strong leadership, a deep understanding of AI technologies, and the ability to align business objectives with ethical practices.

Benefits

Health insurance

Tuition reimbursement

Accident and life insurance

Retirement savings plans

Qualifications

• Minimum 7+ years in product management, including 5+ years managing AI, ML, or GenAI products.
• Demonstrated success in regulated industries with a deep understanding of compliance.
• Proven expertise in Design Thinking methodologies.

Responsibilities

• Define and articulate the vision, strategy, and roadmap for AI/GenAI products.
• Drive the complete AI product lifecycle from concept to launch.
• Foster high-performing, collaborative cross-functional teams.

Skills

Leadership

Analytical skills

Problem-solving

Communication

Stakeholder management

Education

Bachelor's or Master’s degree in Business, Computer Science, Data Science, or AI

Tools

Cloud platforms (AWS, Azure, Google Cloud)

Job description

The AI/GenAI Product Owner at BMO Bank is a strategic and influential role responsible for shaping, delivering, and managing innovative AI-driven products and solutions within highly regulated financial environments. This role requires exceptional leadership in aligning business objectives with cutting-edge AI technologies, ensuring robust product-market fit, customer-centric innovation, scalable cloud-enabled capabilities, and strict adherence to responsible and ethical AI practices and regulatory standards.

Key Responsibilities:

Strategic Product Vision & Roadmap:

• Define and articulate the vision, strategy, and roadmap for AI/GenAI products.
• Conduct market analysis, identify customer pain points, and leverage Design Thinking methodologies to validate product-market fit.
• Prioritize product backlog ensuring alignment with strategic business objectives, regulatory compliance, and ethical AI practices.

Product Lifecycle Leadership:

• Drive the complete AI product lifecycle from concept and MVP development to full-scale product launch, optimization, and eventual retirement.
• Ensure products are developed with clear personas, validated business cases, scalable cloud architecture, and measurable outcomes.
• Oversee product activation strategies, collaborating closely with go-to-market, pricing, and positioning teams across multiple business lines and corporate functions.

Stakeholder Engagement & Cross-functional Leadership:

• Serve as the voice of business and customer, translating business requirements into actionable plans and clear acceptance criteria.
• Foster high-performing, collaborative cross-functional teams including data scientists, cloud engineers, AI/ML engineers, designers, compliance, risk management professionals, and business stakeholders.
• Proactively address blockers to adoption through strategic communication, training, documentation, and robust cloud engineering practices.

Market Insight & Continuous Improvement:

• Monitor product performance, gather stakeholder feedback, and iteratively enhance product offerings.
• Maintain awareness of AI trends, competitive intelligence, ethical AI practices, regulatory developments, and cloud technologies to ensure market leadership and compliance.

Qualifications & Experience:

Education:

• Bachelor's or Master’s degree in Business, Computer Science, Data Science, Artificial Intelligence, or a related discipline.

Professional Experience:

• Minimum 7+ years in product management, including 5+ years specifically managing AI, ML, or GenAI products.
• Demonstrated success in regulated industries (Financial Services, Healthcare, etc.) with deep understanding of compliance, responsible and ethical AI, and risk management.
• Proven expertise in applying Design Thinking methodologies, achieving strong Product-Market Fit, and managing complex stakeholder environments.
• Extensive experience with Cloud platforms (AWS, Azure, Google Cloud) and production-grade AI system deployments.
• Exceptional understanding of AI/ML concepts, use cases, responsible and ethical AI practices, and regulatory frameworks.
• Advanced skills in product lifecycle management within agile and hybrid methodologies.
• Proficient in cloud architecture, scalable system design, and engineering best practices.
• Expertise in market analysis, strategic thinking, and synthesizing research into actionable strategies.
• Strong analytical and problem-solving skills, data-driven decision-making capabilities.
• Excellent verbal and written communication, influencing, and stakeholder management skills.
• Ability to navigate ambiguity and lead confidently in complex, cross-functional environments.

Application Deadline:

06/29/2025

Address:

VIRTUAL30 - HomeRes - NJ

Job Family Group:

Customer Solutions

The AI/GenAI Product Owner at BMO Bank is a strategic and influential role responsible for shaping, delivering, and managing innovative AI-driven products and solutions within highly regulated financial environments. This role requires exceptional leadership in aligning business objectives with cutting-edge AI technologies, ensuring robust product-market fit, customer-centric innovation, scalable cloud-enabled capabilities, and strict adherence to responsible and ethical AI practices and regulatory standards.

Key Responsibilities:

Strategic Product Vision & Roadmap:

• Define and articulate the vision, strategy, and roadmap for AI/GenAI products.
• Conduct market analysis, identify customer pain points, and leverage Design Thinking methodologies to validate product-market fit.
• Prioritize product backlog ensuring alignment with strategic business objectives, regulatory compliance, and ethical AI practices.

Product Lifecycle Leadership:

• Drive the complete AI product lifecycle from concept and MVP development to full-scale product launch, optimization, and eventual retirement.
• Ensure products are developed with clear personas, validated business cases, scalable cloud architecture, and measurable outcomes.
• Oversee product activation strategies, collaborating closely with go-to-market, pricing, and positioning teams across multiple business lines and corporate functions.

Stakeholder Engagement & Cross-functional Leadership:

• Serve as the voice of business and customer, translating business requirements into actionable plans and clear acceptance criteria.
• Foster high-performing, collaborative cross-functional teams including data scientists, cloud engineers, AI/ML engineers, designers, compliance, risk management professionals, and business stakeholders.
• Proactively address blockers to adoption through strategic communication, training, documentation, and robust cloud engineering practices.

Market Insight & Continuous Improvement:

• Monitor product performance, gather stakeholder feedback, and iteratively enhance product offerings.
• Maintain awareness of AI trends, competitive intelligence, ethical AI practices, regulatory developments, and cloud technologies to ensure market leadership and compliance.

Qualifications & Experience:

Education:

• Bachelor's or Master’s degree in Business, Computer Science, Data Science, Artificial Intelligence, or a related discipline.

Professional Experience:

• Minimum 7+ years in product management, including 5+ years specifically managing AI, ML, or GenAI products.
• Demonstrated success in regulated industries (Financial Services, Healthcare, etc.) with deep understanding of compliance, responsible and ethical AI, and risk management.
• Proven expertise in applying Design Thinking methodologies, achieving strong Product-Market Fit, and managing complex stakeholder environments.
• Extensive experience with Cloud platforms (AWS, Azure, Google Cloud) and production-grade AI system deployments.

Skills & Competencies:

• Exceptional understanding of AI/ML concepts, use cases, responsible and ethical AI practices, and regulatory frameworks.
• Advanced skills in product lifecycle management within agile and hybrid methodologies.
• Proficient in cloud architecture, scalable system design, and engineering best practices.
• Expertise in market analysis, strategic thinking, and synthesizing research into actionable strategies.
• Strong analytical and problem-solving skills, data-driven decision-making capabilities.
• Excellent verbal and written communication, influencing, and stakeholder management skills.
• Ability to navigate ambiguity and lead confidently in complex, cross-functional environments.

Salary :

$120,000.00 - $222,600.00

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 http://jobs.bmo.com/us/en

BMO is proud to be an equal employment opportunity employer. We evaluate applicants without regard to race, religion, color, national origin, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, transgender status, sexual stereotypes, age, status as a protected veteran, status as an individual with a disability, or any other legally protected characteristics. We also consider applicants with criminal histories, consistent with applicable federal, state and local law.

BMO is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation because of a disability for any part of the employment process, please send an e-mail to [e-mail] and let us know the nature of your request and your contact information.

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.

About Us

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.

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.