About the role
Job Description
What is the Opportunity?
The Director, Cross border Product Portfolio Management is responsible for the overall portfolio of products, product strategy, pricing, and profit & loss management while directing a high-performing team of product managers. Own the portfolio of products across everyday banking (e.g., deposits, CDs, money market, etc), credit cards, and FX / Payments for personal and business clients. The role provides senior level product management and oversight of the portfolio of products collaborating with Marketing, Digital, Assisted Channels, Operations, and Technology to ensure appropriate alignment, prioritization and execution against the desired end state and outcomes. Proactively identifies and prioritizes product innovation opportunities, portfolio monitoring activities, and pricing opportunities to drive growth of the portfolio across assets and liabilities. Serves as primary liaison between RBC Bank and the Personal Banking product and payment teams.
What will you do?
Lead RBC Bank Product Portfolio Management: Oversee everyday banking (e.g., deposits, CDs, money market, etc), credit cards, and FX / Payments with full P&L and pricing accountability for strategy, execution, performance, risk management, and forecasting.
Design Client-Centric Strategies: Deeply understand client pain points, competitive landscapes, and market trends to create differentiated value propositions that drive portfolio growth and satisfaction.
Drive Cross-Functional Collaboration: Partner with Digital, Assisted Channels, Operations, Risk, Digital, Marketing, and Technology teams to align on shared goals and optimize experiences.
Execute Strategic Roadmaps: Translate vision into actionable plans with defined KPIs, MVPs, A/B testing, segmentation of offers, hypothesis-based validation, and iterative launches, ensuring profitability and risk mitigation.
Develop Financial Business Cases: Analyze market insights, validate demand, engage external partners, and collaborate with marketing to assess viability and recommend enhancements.
Own End-to-End Risk Management: Manage reputational, regulatory, and strategic risks; lead fraud prevention and mitigation strategies with Risk, Legal, and Compliance teams.
Lead Cross-Functional Initiatives: Act as accountable owner for RBC Bank product portfolio in product initiatives, formulating strategic recommendations and optimizing P&L impact.
Monitor Industry & Competitor Trends: Benchmark portfolio performance, maintain awareness of economic trends, and manage product impact through regular industry analysis.
What do you need to succeed?
Must-have:
8–10 years of experience in product/portfolio management including pricing, P&L, product strategy & innovation
Deep expertise owning and driving growth in everyday banking products such as deposits and lending products
Strong financial acumen to analyze revenue/cost levers and set balance growth, revenue, and profitability targets.
Experience developing business cases and conducting risk assessments to drive prioritization and execution decisions
Demonstrated ability to identify, evaluate, and champion innovative product solutions / value proposition to enhance portfolio performance
Deep understanding of Canadian banking culture and cross-border client needs.
Exceptional influence and communication skills to align stakeholders outside direct control.
Bachelor’s degree in Business, Finance, or a related field.
Nice-to-have:
Masters in Business Administration
Advanced skills in data analytics and digital enablement strategies.
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 include competitive compensation and flexible benefits, such as pension program with company-matching contributions, health, dental, vision, life, disability insurance, and paid-time off.
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
Opportunities to do challenging work
Opportunities to build close relationships with clients
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Job Skills
Business Case Design, Critical Thinking, Knowledge Organization, Product Development Lifecycle, Product Development Methodology, Product Manufacturing, Product Services, Product Testing, Results-Oriented, Waterfall ModelAdditional Job Details
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Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
Our Employment Opportunities
At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One 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.
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Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.
RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.
Skills & Tags
Aplyr's read
Royal Bank of Canada stands as a financial giant in North America, attracting professionals in AI, digital transformation, and regulatory compliance.
What's promising
- •RBC's strong market position in North America provides stability and growth opportunities.
- •The bank invests heavily in AI and digital transformation, offering cutting-edge roles.
- •RBC's diverse financial services cater to a broad client base, enhancing career variety.
What to watch
- •Regulatory scrutiny in the financial sector can impact operations and job stability.
- •Adapting to rapid technological changes may challenge some employees.
- •High competition in the financial industry could pressure profit margins.
Why Royal Bank of Canada
- •RBC's focus on AI modernization differentiates it in the financial services sector.
- •The bank's commitment to sustainability reporting highlights its forward-thinking approach.
- •RBC's extensive role variety in finance transformation attracts diverse talent.
Aplyr’s read is generated by AI from public sources. Was it useful?
About Royal Bank of Canada
Royal Bank of Canada (RBC) is one of Canada's largest banks and a leading financial services provider in North America, offering a wide range of financial products and services to personal, business, and institutional clients.
