What’s in it for you as an employee of QFG?

• Health & wellbeing resources and programs

• Paid vacation, personal, and sick days for work-life balance

• Competitive compensation and benefits packages

• Work-life balance in a hybrid environment with at least 3 days in office

• Career growth and development opportunities

• Opportunities to contribute to community causes

• Work with diverse team members in an inclusive and collaborative environment

This job posting is for an existing vacancy.

We’re looking for our next Product Manager, B2B Deposits. Could It Be You?

As the "Architect of Liquidity," you build for the balance sheet rather than the app store. You

own the B2B/Institutional product shelf, acting as the primary owner for the Funding API — the infrastructure that allows institutional capital to flow into our ecosystem programmatically to fund lending products and bank operations.

Need more details? Keep reading…

• You are an architect of liquidity. You don't just manage deposits; you actively design the mechanisms (constructs) that allow us to intake billions from our B2B deposit partners.

• You own the P&L and Financial Strategy. You are accountable for the end-to-end P&L, including revenue targets, margin management, and cost analysis. You prepare financial forecasts and recommend strategies to aggressively grow market share.

• You own the APIs. You have the technical acumen to design and maintain the suite of APIs that allows B2B deposit partners (trusts, wholesale banks, wealth platforms) to inject capital into our ecosystem programmatically, with zero manual friction.

• You design Scalable Pricing. You develop pricing models and exception frameworks that adapt based on partner usage, market yield curves, and competitive benchmarking.

• You understand the Dealer Ecosystem. Manage the integration with Fundserv and Nominee platforms to ensure seamless settlement for our partners.

• You are a financial engineer at heart. You are constantly exploring new funding vehicles and distribution channels to diversify our funding sources beyond standard retail deposits.

• You are the guardian of Total Deposit AUA and Cost of Funds. You work directly with Treasury to analyze the yield curve and optimize our deposit mix, ensuring we are acquiring the cheapest possible capital to maximize the margin on our lending book.

• You define the Target Operating Model. You don't just launch a product; you design the service and operating models that ensure internal teams can support B2B partners post-onboarding.

• You understand Ledger Logic. You have a deep understanding of how interest accrual, settlement, and reconciliation work within a Core Banking System.

• You understand CDIC Trust Logic. You architect the systems that track Beneficial Interest for Nominee accounts, ensuring our partners’ clients are always fully protected.

• You manage Risk & Policy. You own the product policy suite, ensuring risk assessments are documented and control measures are implemented to mitigate operational and business risk.

• You are a Sales Catalyst. You develop the tools, dashboards, and roadshows necessary to energize sales teams and empower them to win institutional mandates.

Hard Skills

• Product Sense & Design:

  • Business & Financial Acumen: A deep interest in finance and the ability to understand business dynamics, and connect product data with business metrics and outcomes.

  • Market & User Research: Experience leading research to identify unmet needs and validate solutions against competitor trends.

  • Technical Fluency: Sufficient technical know-how to discuss architecture, API SDKs, and trade-offs with engineers.

  • Agile Execution: Knowledge of the full product development lifecycle (Scrum/Agile) to manage timelines, prioritize tasks, and ensure iterative delivery of products.

  • Regulatory Knowledge: Deep understanding of CDIC, FINTRAC, and AML requirements as they relate to institutional deposit taking.

• Analytical & Strategy: Mastery of using quantitative and qualitative data to derive meaningful insights, define metrics, track performance, and inform prioritization and decision-making. Ability to leverage data to present product opportunities and get stakeholders and leadership buy-in.

• Execution & Stakeholder Management: A track record of launching financial products and managing expectations and communication with stakeholders.

Soft Skills

• Strong Bias for Action: We value speed and momentum over perfection.

• Ownership & Impact Mindset: Our PM owns both the end-to-end business outcome and the user experience of their products.

• Adaptability: Thriving in ambiguity, learning quickly, and pivoting as needed in a fast-changing field.

• Collaborative Mindset & Candor: Radical candour is our default. We debate ideas, not people.

• Innovation & Competitive Mindset: Willingness to rethink how a bank should work, not just how it has worked. We are here to win the Canadian market and deliver value to our customers.

So are YOU our next Product Manager, B2B Deposits? You are if you…

Must-Haves:

• 3+ years of FinTech or Banking experience leading digital product management, specifically in institutional/broker products and API management.

• Proven track record of managing a product P&L and driving margin growth.

• Deep understanding of ledger management, interest accrual, and reconciliation.

• Experience with dealer ecosystems (e.g., Fundserv, Nominee platforms).

• Exceptional communication skills to present executive-level recommendations to Finance and Treasury.

Additional kudos if you…

• Experience executing high-stakes platform migrations.

Additional Information…

• This role requires three days of in-office presence per week for Greater Toronto Area (GTA) residents. For candidates residing outside the GTA, a remote workplace arrangement is available.

Compensation Information:

• Base salary range: $120,000 - $150,000

• The final compensation package will be commensurate with the successful candidate's experience, skills, and geographic location (Canada). It includes a comprehensive benefits plan and a competitive incentive (bonus) program for Full-Time Permanent roles.

Sounds like you? Click below to apply!

#LI-DM1 #LI-Hybrid #LI-Remote