Royal Bank of Canada

Portfolio Manager, Capital Markets

Royal Bank of Canada$110K — $130K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 7+ years in project or portfolio management with a track record of turnaround success.
  • 5+ years in Capital Markets with strong operational process knowledge.
  • Proven expertise in budget tracking and financial risk management.
  • Exceptional ability to coach and inspire Project Managers without direct authority.
  • Strong communication and stakeholder management skills.

Responsibilities

  • Collaborate with Project Managers to monitor and improve project health.
  • Diagnose root causes of project delays and resource constraints.
  • Co-create action plans with Project Managers for troubled projects.
  • Mentor Project Managers on risk mitigation and delivery execution.
  • Implement a transparent view of portfolio status using enterprise tools.
  • Prepare portfolio reports for senior leadership to aid decision-making.
  • Ensure project alignment with organizational goals throughout their lifecycle.

Benefits

  • Comprehensive Total Rewards Program including performance-based bonuses.
  • Opportunities for accelerated career growth and development.
  • Work in a dynamic and high-performing team.
  • Make a significant and lasting impact in the organization.
Full Job Description
Job Description

What is the opportunity?

We are seeking a strong Portfolio Manager to join our team and drive exceptional project delivery across our portfolio. In this role, you will identify at-risk initiatives early, work hands-on with Project Managers to improve project health, and restore troubled projects. As a dynamic leader, you will bring order and positive energy to our organization, fostering a culture of accountability and continuous improvement. You will oversee portfolio health, strategic alignment, and financial performance while mentoring Project Managers to build organizational capability and resilience.

What will you do?

Project Support & Risk Recovery
  • Collaborate with Project Managers across the portfolio to monitor project health and identify at-risk initiatives early, taking a proactive approach to risk mitigation.
  • Partner directly with project teams to diagnose root causes of delays, scope creep, and resource constraints, demonstrating hands-on leadership and problem-solving expertise.
  • Co-create action plans with Project Managers to restore troubled projects to health, driving accountability and positive outcomes.
  • Mentor and support Project Managers with passion and commitment, sharing best practices in risk mitigation, delivery execution, and leadership excellence to strengthen organizational capability.
  • Model and promote a culture of transparency, collaboration, and continuous improvement across all project teams.


Financial & Budget Management
  • Monitor and manage the aggregate financial performance and budget of the entire portfolio with precision and foresight.
  • Track expenditures against forecasts and ensure capital is deployed efficiently and strategically across all initiatives.
  • Identify budget variances, overruns, or funding gaps early and take decisive corrective action.
  • Escalate unbalanced budgets or severe financial risks to executive stakeholders with clear, actionable recommendations.


Portfolio Governance & Reporting
  • Implement and maintain a standard, transparent view of portfolio status, risks, and dependencies using enterprise tools.
  • Prepare compelling portfolio health and financial reports for senior leadership that drive informed decision-making.
  • Ensure all projects remain aligned with organizational goals and strategic priorities throughout their lifecycle.
  • Foster cross-functional collaboration and knowledge-sharing to elevate overall project delivery standards.


What do you need to succeed?

Must have's
  • Experience: 7+ years in project or portfolio management with a demonstrated track record of successfully turning around troubled projects and delivering results under pressure.
  • Business Acumen: 5+ years of experience in Capital Markets with strong understanding of operational processes and ability to navigate complex stakeholder environments.
  • Financial Acumen: Proven expertise in budget tracking, cost forecasting, variance analysis, and financial risk management.
  • Leadership: Exceptional ability to coach, mentor, and inspire Project Managers without direct line authority, fostering a high-performance culture.
  • Communication: Exceptional stakeholder management, conflict resolution, and escalation skills with the ability to influence at all organizational levels.


Nice to Have's
  • Certifications: PMP 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 including performance-based bonuses, flexible benefits, competitive compensation packages.
  • Leaders who prioritize development and provide opportunities for accelerated career growth.
  • Work in a dynamic, collaborative, progressive, and high-performing team.
  • Ability to make a difference and lasting impact.


Job Skills
Business Oriented, Communication, Critical Thinking, Cross-Team Collaboration, Customer Relationship Management (CRM), Data Gathering Analysis, Effectiveness Measurement, Information Technology (IT) Projects, Long Term Planning, Process Management

Additional Job Details

Address:

RBC CENTRE, 155 WELLINGTON ST W:TORONTO

City:

Toronto

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

CAPITAL MARKETS

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2026-09-04

Application Deadline:

2026-09-25
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.

Stay Connected

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Personalize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding career opportunities awaiting you at RBC. Explore the possibilities with Royal Bank of Canada, where your future is filled with potential and the path to success is paved with countless opportunities for professional and personal growth. Join us and shape not just your career but the future of the financial industry.
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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