Overview

Application Deadline: 10/18/2026 Address:151 W 42nd Street Job Family Group:Asset Mgmt Sales & Service Role Mandate The Head of Product Development & Strategy is accountable for product strategy, pipeline management, product engineering, and commercialization across BMO Global Asset Management's U.S. ETF and SMA platform, with particular responsibility for derivatives-based and systematic investment solutions. This individual will serve as the lead architect of the derivatives-based ETF platform, translating sophisticated investment concepts into scalable products that address investor needs and support the firm's growth objectives. The role requires deep expertise in derivatives, structured investment solutions, portfolio construction, and ETF product design, combined with strong commercial judgment and disciplined execution. Working across Investments, Sales, Marketing, Legal, Compliance, Operations, Risk Management, and external service providers, this leader will set product priorities and drive initiatives from concept and approval through launch, commercialization, and ongoing lifecycle management. As a member of BMO Global Asset Management's U.S. leadership team, this individual will play a central role in building a differentiated and commercially successful ETF franchise. Key Responsibilities Product Strategy, Pipeline & Lifecycle ManagementOwn and be accountable for ETF product development, including building and maintaining the product pipeline and leading end-to-end launch execution.Set the long-term product strategy and roadmap for BMO's U.S. ETF and SMA platform.Establish clear priorities across the product pipeline based on client demand, market opportunity, strategic fit, investment merit, operational feasibility, resource requirements, and expected commercial returns.Maintain a comprehensive view of ETF industry trends, competitor activity, product flows, pricing, distribution dynamics, and evolving investor needs to inform strategy and pipeline priorities.Prepare business cases, revenue forecasts, and strategic recommendations for new product opportunities.Define product economics and success criteria, including pricing, revenue expectations, asset-gathering objectives, launch costs, and assessment against the approved business case.Lead ongoing product reviews and recommend enhancements, repositioning, pricing changes, mergers, or closures based on investment performance, client adoption, commercial results, and strategic relevance.Establish and maintain product governance, approval, and lifecycle-management processes. Derivatives Strategy & Product EngineeringServe as the firm's subject matter expert for derivatives-based, systematic, and outcome-oriented investment strategies.Partner closely with Portfolio Management to identify, design, and evaluate innovative ETF and SMA strategies using options and other derivative instruments.Assess investment solutions through back-testing, stress testing, scenario analysis, exotic option pricing, and strategy evaluation.Analyze payoff structures, volatility assumptions, investor outcomes, implementation considerations, and operational feasibility.Evaluate the risk profile, scalability, and commercial attractiveness of proposed solutions.Challenge investment assumptions and identify potential investment, operational, and execution risks before launch.Maintain expertise in derivatives markets, structured products, portfolio construction methodologies, and ETF innovation. Commercialization & Cross-Functional LeadershipCoordinate product development across Investments, Sales, Marketing, Operations, Legal, Compliance, Risk Management, and external service providers.Serve as the primary product lead with external platform and service providers, ensuring that requirements, timelines, operating responsibilities, and deliverables are clearly defined and effectively coordinated.Partner with Distribution to align product priorities with client demand, channel needs, and market