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Added 5 mins ago
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Q1 Technologies, Inc.

Product Manager(Banking domain background)

Toronto, ON, Canada

$58 to $60 CAD / hour · Contract

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Job details

Pay: $58 to $60 CAD / hour
Job type: Contract
Apply by: Nov 26, 2026
Posting language: English
Posted: Oct 27, 2026

Original job description

Product Manager

Toronto, ON - Hybrid (2 Days minimum WFO)

6-12 months

WHAT IS THE OPPORTUNITY?

The Product Management function includes the following responsibilities:

· Develops, manages, and owns products and programs that support corporate defined strategies and initiatives and contribute to the bank's competitive edge in the marketplace.

· Creates new products to increase market share.

· Develops and enhances strategic products to meet the bank's profitability goals.

· Provides direction and support relative to product design, enhancement, research, pricing/fees/profitability, implementation, analysis, reporting and performance.

Product Management is an ongoing cycle. It begins with analysis of needs and opportunities, leading to product development. Once the product is developed, colleagues must be trained, policies and procedures developed, pricing and positioning established, and marketing materials created. Subsequently, product tracking occurs, followed by analysis and recommendations to enhance the product to provide better service to clients or to be more competitive in the marketplace. Product Management coordinates and manages the formulation and implementation of all activities for a specific product or product line from conception to marketplace; performs economic and market research and analysis; provides product documentation and training; and serves as technical advisor on matters concerning the designated product and/or product line.

WHAT WILL YOU DO?

· Manage assigned products/product lines.

· Identify, evaluate and implement measures to improve product performance, profitability, competitiveness and accountability.

· Identify, evaluate and implement opportunities/needs for product enhancement and development. These opportunities may be identified through: regular market and competitor analysis performed by the product group; solutions developed as the result of client needs; suggestions from the line or Product Review Committee (PRC) or that meet a specific bank initiative or new client niche.

· Prepares reports and analyses on assigned products/product lines and presents to Bank Management (PRC, ALCO, etc.) on a regular basis. Focus of reports/analyses may be market or competitive issues, special economic and risk factors, pricing, product strategy, profitability, etc.

· Keep up to date on competition, regulation, marketplace, and internal and external issues related to assigned products.

· Develops information materials on product features, benefits, requirements, pricing and services, and prepares and executes training seminars as needed. (Includes Marketing One-Sheets and annual fee increase training.)

· Review product pricing on an annual basis for all assigned products. Make recommendations and implement including disclosure, training, and colleague communication.

· Monitors development activities relating to meeting product objectives, budget, quality standards and schedule.

· Recommends and implements programs to minimize costs, ensure optimum output and maintain quality. Advises on the solution of technical problems, priorities, and methods.

· Participates in product evaluation; provides recommendations for changes and revisions as required.

· Serves as product expert for a variety of issues – advice/guidance on sales, “How to position and sell product”, operational support for technical product issues, etc.

· Manage Product Management portion of acquisition conversions -- product mapping; check orders, product analysis/comparisons, package support, IRG support, etc.

· Represents the Bank by actively participating in outside civic and community affairs, business and industry-related organizations, and other professional activities as appropriate.

· Fosters and maintains good relationships with colleagues to ensure that processes are integrated to support expected customer service levels. Acts as business partner by managing expectations and providing guidance and advice regarding assigned product.

· It is the individual responsibility of every employee to maintain a current awareness and understanding of appropriate banking laws, regulations, internal policies and

procedures, and to comply fully with those laws, regulations, policies and procedures.

WHAT DO YOU NEED TO SUCCEED?

Required Qualifications*

· Minimum 3 years of product management experience

· Minimum 3 years of banking/ financial services experience

· Minimum 2 years of experience managing medium to large projects

Additional Qualifications

· Bachelors Degree or equivalent experience.

· Excellent organizational, problem solving, analytical, planning, and scheduling skills.

· Strong leadership and negotiation skills. Extensive industry/business knowledge.

· Excellent verbal and written communication skills, as well as, strong presentation skills.

· Proven experience in demonstrating initiative in creating and maintaining positive business relationships with various unit managers. .

· Project management experience with the ability to concurrently manage multiple projects and timeframes is necessary.

· Excellent verbal and written communication skills necessary to prepare comprehensive reports, make presentations and communicate with all levels of Bank management.

· Proficiency in Excel, Word, and PowerPoint are essential; Access and other advanced programs would be beneficial.

· Manages more complex products and services for the bank.

· Strong leadership and negotiation skills required.

· Demonstrates good knowledge of banking.

· Strong project management, organizational and analytical skills required.

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More about this job

Responsibilities

Manage banking products and product lines throughout their lifecycle, including development, pricing, performance analysis, enhancement, and acquisition conversions. Advise colleagues and management on product strategy and operations, prepare reports and training materials, and ensure products meet business, customer service, regulatory, and profitability objectives.

Requirements

Requires at least three years of product management experience, three years in banking or financial services, and two years managing medium-to-large projects. A bachelor's degree or equivalent experience is listed, along with strong project management, analytical, organizational, leadership, negotiation, communication, and presentation skills; proficiency in Excel, Word, and PowerPoint is essential.

Skills

Product Management
Banking
Financial Services
Product Strategy
Product Development
Market Research
Competitive Analysis
Pricing Analysis
Profitability Analysis
Project Management
Leadership
Negotiation
Analytical Skills
Communication
Presentation Skills
Microsoft Excel

Visa sponsorship

Not detected in the job text

Keywords

Product Management
Banking
Financial Services
Product Strategy
Product Development
Product Lifecycle
Product Lines
Market Research
Competitor Analysis
Pricing
Profitability
Product Performance
Product Enhancement
Project Management
Risk Analysis
Regulatory Compliance
Acquisition Conversions
Product Mapping
Training Materials
Marketing One-Sheets
Product Review Committee
Asset Liability Committee
Microsoft Excel
Microsoft Word
Microsoft PowerPoint
Microsoft Access

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