Royal Bank of Canada

Sr. Product Manager, Account Opening

Royal Bank of Canada$90K — $160K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Business or related field
  • 5+ years of experience in account opening processes and wealth management products
  • Proven leadership in regulatory initiatives
  • Strong skills in process improvement and compliance management
  • Expertise in stakeholder management and strategic influencing
  • Detail-oriented with strong multitasking abilities

Responsibilities

  • Define and evolve the product roadmap based on market and stakeholder needs
  • Analyze and prioritize business requirements for account opening from key partners
  • Identify client experience improvement opportunities to support strategic initiatives
  • Liaise between Business Services, Legal, and Compliance teams for account opening strategy
  • Collaborate with cross-functional teams to streamline workflows and enhance processes
  • Develop and maintain account opening policies to ensure consistency and compliance
  • Lead initiatives to simplify forms and improve client experience through form design optimization

Benefits

  • Comprehensive Total Rewards Program including flexible benefits
  • Coaching and development support from leadership
  • Opportunities to make a lasting impact
  • Work in a dynamic, collaborative team environment
  • Engaging and challenging work with clients
Full Job Description
Job Description

What is the opportunity?

The Sr. Product Manager, Account Opening will drive strategic enhancements to the account opening platform, focusing on policy compliance, operational efficiency, and seamless client/advisor experience. This role will lead cross-functional initiatives to deliver scalable account opening solutions while ensuring regulatory adherence and business alignment across all RBC business units..

What will you do?

Product Strategy & Vision
  • Define, socialize, and evolve the future-state product roadmap based on market needs, stakeholder input, technical feasibility, and business priorities
  • Analyze and prioritize business requirements related to account opening process from key partners
  • Identify opportunities to improve the client and advisor experience to support firm's strategic initiatives (Advisor Recruiting, UHNW, Cash Services)
  • Act as primary liaison between Business Services, Legal, and Compliance teams on account opening strategy
  • Ensure all account opening enhancements meet compliance standards and resolve escalated client or regulatory inquiries

Process Optimization & Platform Reliability
  • Collaborate with legal, compliance, risk, technology, and operations teams to identify inefficiencies, streamline workflows, and enhance the account opening process
  • Develop, maintain, and update comprehensive account opening policies and procedures to ensure consistency and compliance across all channels
  • Partner with technology and training teams to refine user experience and ensure communication and training

Forms and Agreements Strategy
  • Develop and execute strategy to simplify forms and agreements, reducing complexity and client friction throughout the account opening process
  • Lead strategy to simplify disclosure delivery practices to ensure regulatory requirements are met while improving client experience
  • Improve ease and accessibility for clients to read, understand, and sign forms through design optimization and user experience improvements

Cross-Functional Collaboration
  • Partner with design, research, technology, legal, risk, and compliance teams to make informed platform decisions
  • Lead cross-functional agile initiatives involving product, engineering, UX, operations, risk, and compliance teams
  • Review and approve exceptions associated with the account opening process aligned with Legal, Compliance, and Risk Management

Backlog & Roadmap Stewardship
  • Actively review and curate backlog items, prioritize against roadmap, and retire outdated items
  • Maintain product backlog health aligned with strategic objectives and business targets
  • Balance innovation initiatives with operational excellence and technical debt management

What do you need to succeed?
  • Wealth Management Expertise: A Bachelor's degree in Business or related field and/or 5+ years of knowledge in account opening processes, wealth management products, and regulatory requirements
  • Cross-Functional Leadership: Proven ability to lead regulatory initiatives and coordinate between Business, Legal, and Compliance departments.
  • Strategic & Operational Skills: Experience in process improvement, compliance management, and operational implementation.
  • Problem-Solving & Execution: Ability to analyze complex issues, develop compliant solutions, and drive implementation in regulated environments.
  • Stakeholder Management: Expertise in facilitation and strategic influencing across organizational levels.
  • Multitasking & Detail Orientation: Skilled at managing competing priorities with precision and regulatory accuracy.


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 $90,000-$160,000, 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.

Job Skills
Business Processes, Business Requirements, Client Counseling, Communication, Critical Thinking, Cross-Functional Teamwork, Customer Relationship Management (CRM), Decision Making, Group Problem Solving, Long Term Planning, Organizational Change Management, Regulatory Requirements, Results-Oriented, Risk Management, Solutions Development, Strategic Thinking, Transformation Strategy, Wealth Management

Additional Job Details

Address:

250 NICOLLET MALL:MINNEAPOLIS

City:

Minneapolis

Country:

United States of America

Work hours/week:

40

Employment Type:

Full time

Platform:

WEALTH MANAGEMENT

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2026-08-14

Application Deadline:

2026-11-27
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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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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