AI/GenAI Product Owner

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Position Overview:

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, and compliance with 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 and regulatory requirements.

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, and measurable outcomes.
• Oversee product activation strategies, collaborating closely with go-to-market, pricing, and positioning teams.

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, engineers, designers, compliance, and risk management professionals.
• Address blockers proactively, ensuring smooth adoption through strategic communication, training, and documentation.

Market Insight & Continuous Improvement:

• Monitor product performance, gathering stakeholder feedback and iteratively enhancing product offerings.
• Keep abreast of AI trends, competitive intelligence, and regulatory landscape to maintain product relevance and market leadership.

Qualifications & Experience:

Education:

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

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 thorough understanding of compliance, ethics, and risk management.
• Proven expertise in applying Design Thinking methodologies, achieving strong Product-Market Fit, and managing complex stakeholder environments.

Skills & Competencies:

• Exceptional understanding of AI/ML concepts, use cases, and responsible AI practices.
• Advanced skills in product lifecycle management within agile and hybrid methodologies.
• Proficient 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.

What We Offer:

• Opportunity to lead pioneering AI initiatives in a forward-thinking, innovative banking environment.
• Commitment to professional growth, continuous learning, and career development.
• Collaborative culture focused on diversity, inclusion, and innovation.

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.