Managing Director, Partnerships, Pricing and Benefits As part of BMOs North American Retail & Small Business Payments team, the Partnerships, Pricing and Benefits team develops and manages key partnerships and benefits, with a mandate to develop and grow new partnerships that align with our strategic vision and add value to the BMO cardholder experience. Key Accountabilities Air Miles Co-Brand Credit Cards: Full P&L ownership including value proposition development, financial management, and liaising with internal and external partners to maximize growth and client experience. BMO VIPorter Mastercard Partnership: Leadership of the BMO/Porter partnership, including growth and continued technological development of the co-brand card suite. New Partnership Development and Management: Identifying, building, and launching innovative partnerships designed to promote growth, engagement and retention across the BMO cards portfolio; management of existing partnerships (e.g., Instacart) to optimize growth and success. Cardholder Benefits (Insurance and ValueAdded Services): Management, development, and optimization of embedded benefits for credit card customers including insurance, airport lounges, roadside assistance, and others; strategic oversight of benefits portfolio to identify and launch new benefits as needed. Revenue Optimization (Pricing and Profitability): Leadership of all aspects of credit card pricing including automated riskbased pricing, annual pricing changes, adoption of regulatory changes; ownership of the Mastercard contract and partnership on behalf of several other areas of the bank. Leadership Responsibilities Activating our winning culture, aligned with Purpose, and igniting engagement by aligning our culture to our strategy and fueling exceptional execution. Fostering diversity, equity and inclusion and creating an inclusive environment for all employees by eliminating barriers to inclusion. Developing leaders, succession plans, and fostering a highperformance culture. Driving top talent acquisition and retention, developing organizational capabilities to drive competitive advantage. Leading and mentoring employees with diverse risk and business experience, skills, and orientation. Leading, promoting, and rolemodeling the Banks customer focus to support our vision. Qualifications University degree; Master of Business Administration is an asset. 7+ years of product leadership experience in credit cards with progressive growth, and comprehensive knowledge of payments, pricing, loyalty, partnerships, and customer experience. Experience in delivery of highly complex strategic initiatives or projects impacting large groups of people, processes, and technology. Strategic and roadmap planning, combined with an equally strong execution focus. Strong peopleleadership, interpersonal, communications and influencing skills with all levels of stakeholders, including executives at all levels of the organization. Highly developed relationshipmanagement skills to effectively manage relationships across multiple levels of the organization, across lines of business, and across various BMO groups. Strong consulting and changemanagement skills, able to think strategically and implement strategic vision. Deep understanding of retail payments and underlying technology systems that support the payment ecosystem. Salary Target base salary range: $185,000 CDN to $195,000 CDN Pay Type: Salaried About BMO At BMO we are driven by a shared Purpose: Boldly Grow the Good in business and life. We transform lives and businesses, and power economic growth around the world. We are committed to an inclusive, equitable and accessible workplace. Accommodations are available on request for candidates taking part in all aspects of the selection process. #J-18808-Ljbffr
Job Title
Managing Director, Partnerships, Pricing and Benefits