Royal Bank of Canada

Lead Product Manager - Equities

Royal Bank of Canada$99K — $176K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree required
  • 7+ years of asset management experience
  • In-depth knowledge of the equity asset class landscape
  • Familiarity with US investment vehicle types including mutual funds and ETFs
  • Experience with various distribution channels like institutional and RIA
  • Proven track record in launching new products from concept to market
  • Knowledge of analytical tools like Bloomberg and Morningstar Direct

Responsibilities

  • Collaborate with Product Innovation Director on equity product lifecycle
  • Serve as the subject matter expert for US equity investment vehicles
  • Identify and advocate for new equity product opportunities
  • Facilitate product approval processes with legal and compliance
  • Present new product proposals to boards and governance forums
  • Support regular updates to investment vehicle documentation
  • Craft go-to-market strategies for equity product launches

Benefits

  • Comprehensive Total Rewards Program with competitive benefits
  • Leadership support for personal and professional development
  • Opportunities to make impactful contributions
  • Collaborative and dynamic work environment
  • Engaging in challenging projects
  • Building strong client relationships
Full Job Description
Job Description

What is the opportunity?

Join our growing Global Asset Management (GAM) team at RBC! We are seeking a Lead Product Manager who will be focused on equity strategies and investment vehicles.

Reporting up through the RBC GAM US Distribution channel and working in very close proximity to the investment teams, this role will be focused on driving product innovation, development, management, and long-term growth strategy of our equity investment products.

What will you do?

  • Work alongside the Director of Product Innovation on end-to-end product lifecycle management of equity strategies and help drive the strategic direction for our equity product suite expansion
  • Act as the firm's subject matter expert for all US vehicle types, in particular those more prevalent in the equities space that will include commingled investment funds, mutual funds, ETFs, etc.
  • Proactively identify, develop and champion new equity investment product opportunities
  • Work closely with legal, compliance, operations and other key functional stakeholders to navigate the product approval process efficiently, building proactive relationships needed to accelerate speed to market and eliminate potential bottlenecks
  • Prepare materials for, and ultimately present to, various funds boards, new product committees and senior governance forums, presenting new product proposals with confidence and authority to senior internal and external stakeholders
  • Partner with legal and other key stakeholders to support periodic filings and ensure investment vehicle documents stay up to date as strategies or terms evolve
  • Develop compelling go-to-market strategies for newly approved products, working closely with distribution, marketing and the Institutional Portfolio Management (IPM) team to ensure every launch is well-positioned, well-timed, and well-supported
  • Continuously monitor the competitive landscape, regulatory environment, industry flow dynamics and investor trends to identify commercial opportunities and potential future product requirements
  • Produce competitive analysis packages for each equity product, and partner with key stakeholders to develop and execute product-level business development plans
  • Challenge the status quo on the existing equity product suite, identifying strategies that are no longer competitively positioned and making the case for rationalization where appropriate
  • Act as a conduit of knowledge and information flow between investment desks and distribution/client-facing teams; serve as the primary point of contact who leads on responding to product-related queries on the firm's equities investment strategies from clients and prospects
  • Support the IPM team in responding to RFPs by developing high-quality responses to typical product-related RFP questions and provide input into solution design and pricing
  • Contribute to ongoing training sessions for the distribution team on our suite of equity strategies including team structure, investment philosophy and process, peer-relative performance as well as key differentiating features of our team and strategy, etc.
  • Work on projects as needed internally specifically to increase the effectiveness, efficiencies and consistency of the service we provide to clients
  • Co-ordinate with other Product Managers and IPMs to build efficiencies into the process of supporting the client-facing teams


What do you need to succeed?

Must-have

  • Bachelor's degree
  • 7+ years of relevant experience in the asset management industry
  • Deep understanding of the competitive landscape within the equity asset class
  • Detailed knowledge across all US vehicle types, in particular those more prevalent in the equity space such as commingled investment funds, mutual funds, and ETFs
  • Experience working across multiple distribution channels - institutional, intermediary, RIA and sub-advisory - with a clear understanding of what each channel needs from a product perspective
  • Experience bringing new products to market, originating and championing ideas from concept through to launch
  • Experience using analytical tools such as Morningstar Direct, eVestment, Preqin, Bloomberg, etc.
  • Strong understanding of US fund regulation and the product approval process
  • CFA / CAIA designations strongly preferred


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 401(k) 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.


The expected salary range for this particular position is $99,000-$176,000 (Boston), $90,000-$160,000 (Minneapolis), depending on your experience, skills, and registration status, market conditions and business needs.

You have the potential to earn more through RBC's discretionary variable compensation program which gives you an opportunity to increase your total compensation, provided the business meets its performance targets and you meet your individual goals.

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
Business Case Design, Communication, Critical Thinking, Effectiveness Measurement, Financial Regulation, Interpersonal Relationship Management, Product Development Lifecycle, Product Development Methodology, Product Services, Results-Oriented, Waterfall Model

Additional Job Details

Address:

225 FRANKLIN STREET:BOSTON

City:

Boston

Country:

United States of America

Work hours/week:

40

Employment Type:

Full time

Platform:

WEALTH MANAGEMENT

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2026-08-27

Application Deadline:

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

About Royal Bank of Canada

Royal Bank of Canada Careers

Join the dynamic team at Royal Bank of Canada (RBC), a global leader in financial services and a company committed to excellence and innovation. At RBC, we offer a wide range of job opportunities that empower professionals to shape their career paths with leadership, diversity training, and continuous growth.

Work You’ll Do

At Royal Bank of Canada, we are not just hiring; we are building a culture of innovation and leadership. Our team members are at the forefront of the financial industry, driving transformation and delivering targeted solutions that meet the evolving needs of our clients and communities.

Explore Job Opportunities and Employment at RBC

Whether you are starting your career or looking to take it to the next level, RBC offers positions that challenge your skills and fuel your ambition. From entry-level positions to leadership roles, our job opportunities span across various functions and regions. Join us and be part of a team that values professional growth and diversity.

Internship and Professional Development

Kickstart your career with an internship at Royal Bank of Canada. Our internships provide invaluable hands-on experience, networking opportunities, and insights into the financial services industry. Interns at RBC gain the skills necessary to excel and are often considered for full-time positions within the company.

Benefits and Culture

At RBC, we prioritize the well-being and satisfaction of our employees. Our benefits package is designed to support our team members at every stage of their life and career. RBC’s culture is built on a foundation of respect, integrity, and responsibility, fostering an environment where everyone can thrive.

Career Growth and Innovation

We believe in nurturing the potential of our employees through continuous learning and career development programs. At RBC, you will find endless opportunities to grow professionally through on-the-job experiences, formal training programs, and leadership development initiatives. Our commitment to innovation means we are constantly seeking out new ideas and perspectives, making RBC a perfect place for those who aim to lead and innovate.

Diversity and Inclusion

Diversity is our strength. At Royal Bank of Canada, we are committed to building an inclusive workplace where every employee feels valued and respected. Our diversity training programs are designed to educate and inspire, creating a more inclusive and equitable workplace.

Join Our Team

Search open positions that match your skills and interests. We look for passionate, curious, creative, and solution-driven team players. Start your journey with RBC today and be part of a world-class team known for its commitment to client service, community involvement, and innovation.

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Learn more about Royal Bank of Canada
Size
86,007 employees
Market Cap
$130.3 billion
Industry
5 Year Trend
+8.7%
NASDAQ

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