Cash Product Manager

What is the opportunity?

Support RBC USWM Head, Banking Products and Governance in managing our cash product set to grow the adoption and profitability of cash products, a key component of the cash and lending business in RBC Wealth Management. The Product Manager is a key team member leading the execution and implementation of cash product launches and enhancements. The Product Manager will partner closely with internal and external partner ensuring timely successful implementation of multiple large- and small-scale initiatives.

What will you do?

• Product Development:Lead the development and enhancement of cash management products, ensuring they align with market trends and client needs.
• Market Analysis:Conduct market research to identify new opportunities and stay ahead of industry changes.
• Client Engagement:Work closely with field personal and clients to understand their requirements and tailor solutions to meet their specific needs.
• Stakeholder Collaboration:Collaborate with internal teams, including sales, operations, finance and technology, to ensure seamless product delivery and support.
• Regulatory Compliance:Ensure all products comply with relevant regulations and internal policies.
• Performance Monitoring:Track and analyze product performance, making data-driven decisions to optimize offerings.
• Innovation:Drive innovation in cash management products, leveraging new technologies and methodologies.
• Establish sustainable goals for broader project teams.
• Help identify and raise potential roadblocks to appropriate functional team members and management.
• Report key performance metrics to the Head, Banking Products and Governance, along with various PCG field management.

What do you need to succeed?

Must-have

• Bachelor's degree preferred or relevant experience.
• 5+ years' product management experience, preferably at a wealth management firm or bank, showing progression to managing cash products
• Experience managing bank cash products in the context of a wealth management broker dealer.
• Strong understanding of the bank cash products and wealth management regulatory and legal environments.
• Strong problem-solving skills.
• Strong communication skills.
• Detail oriented.
• Strong interpersonal skills, including developing relationships with key internal and external partners.
• Strong ability to ask critical questions, anticipate problems/future needs, and take ownership.
• SIE Series 7 and Series 63 licenses required or to be obtained within 90 days of employment start date.

Other Required Qualifications

• Demonstrated interpersonal effectiveness of working with a diverse set of departments across an organization.
• Demonstrated ability to adapt to changing business environments and adjust strategic plan, if necessary.
• Highly desired, but not required, experience leading product conversion to new providers.
• Bachelor's degree

What's in it for you?

We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.

• A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable
• Leaders who support your development through coaching and managing opportunities
• Ability to make a difference and lasting impact
• Work in a dynamic, collaborative, progressive, and high-performing team
• Flexible work/life balance options
• Opportunities to do challenging work
• Opportunities to take on progressively greater accountabilities
• Access to a variety of job opportunities across business

The good-faith expected salary range for the above position is $65,000 - $115,000, depending on factors including but not limited to the candidate's experience, skills, registration status; market conditions; and business needs. This salary range does not include other elements of total compensation, including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions; health, dental, vision, life and disability insurance; and paid time-off plan. RBC's compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that:

• Drives RBC's high performance culture
• Enables collective achievement of our strategic goals
• Generates sustainable shareholder returns and above market shareholder value

Job Skills

Additional Job Details

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Inclusion and Equal Opportunity Employment

At RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.