Product Manager, Everyday Banking

Seeing beyond numbers

At Laurentian Bank, we believe we can change banking for the better. Founded in Montreal in 1846, Laurentian Bank helps families, businesses and communities thrive. Today, we have over 2,800 employees working together as One Team, to provide a broad range of financial services and advice-based solutions for customers across Canada and the United States. We drive results by placing our customers first, making the better choice, acting courageously, and believing everyone belongs.

This role sits within Laurentian Bank.

The incumbent will report to the Assistant Vice President, Product Development and Management. He or she will primarily be responsible for serving as a product expert to optimize and diversify product portfolios, while ensuring sustained growth and efficient management of the daily operations of transactional networks. The incumbent will analyze and give recommendations to strengthen our product offering, meet changing customer needs, and contribute to marketing efforts.

Responsibilities

• Provide market analysis expertise for transactional deposit products, conducting any necessary research to make recommendations on new or existing products.
• Help develop and maintain a database to analyze products in terms of market potential, relevance and competitive differentiation.
• Act as an expert advisor, supporting senior managers by identifying emerging trends that have an impact on our business activities or product performance.
• Manage daily reports, pricing changes, and related communications.
• Analyze the performance of transactional products such as bank accounts and banking plans and make recommendations to help achieve targets and support the Bank’s growth in personal banking, business-to-business, and digital.
• Stay abreast of regulatory changes and ensure that department procedures, projects, and practices evolve accordingly.
• Review, develop and optimize product performance dashboards.
• Engage in the execution of marketing campaigns, including ideation, execution, and performance reports.
  
  

Qualifications

• Completed university degree in a related field
• At least 6 years of relevant experience
• Excellent knowledge of the banking industry and banking trends
• Experience in financial services, transactional deposit products, or bank accounts an asset
• Demonstrated experience with market evaluations, financial analysis, business case development, product pricing, new product design, and planning
• General proficiency with the Microsoft Office Suite. Must be able to use formulas, sort, and automate when possible in Excel.
• Self-motivated and results-driven personality with strong leadership, decision-making, analytical, and problem-solving skills
• Ability to think creatively and strategically in order to challenge the status quo
• Excellent spoken and written communication and presentation skills in French and English an asset*
• Strong organization skills and ability to manage multiple projects simultaneously while respecting set timelines
• Professional working proficiency in French and English languages required as position involves frequent written and oral communication on complex matters with internal and external parties in both languages.
  
  

What Laurentian Bank Has To Offer You

The total compensation offered by Laurentian Bank encompasses a comprehensive range of benefits, highlighting our commitment to the well-being and success of our employees.

Here are some of the key points of our offering:

• The actual annual base salary offered will take into account internal equity, skills, and experience among other factors.
• Total compensation: Earn a comprehensive compensation package that includes annual reviews and performance-based bonuses.
• Work model: We prioritize a hybrid work model based on business needs.
• Stock purchase plan: Become not just an employee, but a Laurentian Bank shareholder. Employer matching takes your investment even further.
• Time off: In addition to paid vacation, we provide floating days and leave options to accommodate the diverse needs of our employees. As an extra perk, you also get a day off to celebrate your birthday.
• Health and wellness: Take care of your health and well-being with access to healthcare professionals, our Employee and Family Assistance Program (EFAP), and a Stress Management and Well-Being Program.
• Group insurance and pension: We offer a competitive insurance program based on your family’s needs and a defined contribution pension plan to help prepare for your future.
• Financial benefits: As a Laurentian Bank employee, you’re also the best ambassador for our products and services. Take advantage of employee-only offers on a wide range of products. Enjoy exclusive deals and preferred rates on products and services including insurance, hotels, train tickets, spas and many more.
  
  

We are committed to creating a fulfilling professional environment where your skills are valued, and your well-being is a priority. Join us for a rewarding career at Laurentian Bank.

Inclusion and Accessibility

At Laurentian Bank, we believe everyone belongs. We are committed to fostering an inclusive work environment that reflects the diversity of our customers and our communities and where everyone feels like they belong and can thrive. To this end, we encourage applications from individuals from equity-deserving groups, including Indigenous persons, racialized and persons with disabilities, marginalized genders and the 2SLGBTQIA+ community.

We strive to offer a flexible and accessible work experience that is inclusive of everyone. If at any time you need an accommodation, please let us know.

PIPEDA

We may collect, use or disclose your personal information for the purpose of establishing an employment relationship with you.