Job DescriptionWhat is the Opportunity?The Senior Manager, Product Initiatives (Contract) is responsible for executing product initiatives that drive both client growth and portfolio growth across RBC Bank's cross-border banking and lending products. The portfolio includes deposits and credit cards. They own the execution of product initiatives by collaborating with product managers, marketing, digital, assisted channels, technology, and operations to ensure seamless and timely execution against desired end state objectives. Proactively supports execution of product innovation opportunities to drive growth of the portfolio.
What will you do?- Lead RBC Bank Product Initiatives Execution: Oversee execution of initiatives across the portfolio of RBC Bank products including deposits and credit cards.
- 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 product vision into actionable plans with defined MVPs, hypothesis-based validation, and iterative launches, ensuring profitability and risk mitigation.
- Develop Financial Business Cases: Support analysis of market insights, validate demand, engage external partners, and collaborate with marketing to assess viability and recommend enhancements.
- Own End-to-End Risk Management: Manage product initiative risk assessment while collaborating across cross-functional risk partners across Risk, Legal, and Compliance teams.
- Lead Cross-Functional Initiatives: Act as accountable owner for product portfolio initiatives, supporting strategic recommendations and optimizing P&L impact.
What do you need to succeed?Must-have:- 5-7 years of experience in execution of product initiatives across pricing, P&L, product strategy & innovation
- Deep expertise owning and driving product initiatives that drive growth in everyday banking products such as deposit and credit cards
- 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
- 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:- Advanced skills in data analytics and digital enablement strategies.
What's in it for you?- 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 SkillsCommunication, Critical Thinking, Group Problem Solving, Knowledge Organization, Long Term Planning, Product Development Lifecycle, Product Manufacturing, Product Services, Product Testing, Waterfall Model
Additional Job DetailsAddress:RBC WATERPARK PLACE, 88 QUEENS QUAY W:TORONTO
City:Toronto
Country:Canada
Work hours/week:37.5
Employment Type:Full time
Platform:PERSONAL & COMMERCIAL BANKING
Job Type:Contract (Fixed Term)
Pay Type:Salaried
Posted Date:2026-06-30
Application Deadline:2026-07-14
Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
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.
