Senior Product Manager, Retirement Solutions

RBC Capital Markets, LLC
401(k)
United States, Minnesota, Minneapolis
Mar 12, 2025
Job Summary Job Description What is the opportunity? The Retirement Solutions team acts as the primary source of product development, management, and support for retirement products sold throughout the RBC US Wealth Management (WM) distribution channel, including individual retirement accounts and employer-sponsored retirement plans. The Senior Product Manager, Retirement Solutions is responsible for product development and management of products used by employer-sponsored retirement plans, including internal plans and accounts, third party products and the RBC Institutional Consulting program. Product management efforts include ensuring the platform provides competitive solutions, developing policies and procedures in compliance with regulatory requirements, developing and implementing strategic initiatives, and managing vendor/partner relationships. The Senior Product Manager role is ultimately responsible for identifying product opportunities and challenges, expanding product offerings to ensure competitive positioning is achieved in the marketplace, developing policies and procedures to mitigate risk, communicating across the organization, developing educational campaigns, designing and implementing strategic initiatives and managing partner/vendor relationships. What will you do? Develop and lead the implementation of strategy that supports the US Wealth Management business lines in identifying distribution opportunities to enhance and promote the retirement product offerings. Manage the review of new product offerings and platform enhancements to existing products. Implementation includes product review, marketing, legal, compliance and communication strategies. Conduct research on competitive landscape and industry trends to ensure products are in line with market and client needs. Identify product challenges and recommend solutions. Monitor the regulatory environment to determine business risks and impacts. Recommend and implement policy and process changes as required. Actively participate in the design of training and education functions for Financial Advisors and branch support staff designed to increase sales, productivity and field efficiencies. What do you need to succeed? Must-have BA/BS in business, finance or marketing with 10+ years securities or financial markets experience An understanding of employer-sponsored retirement plans and advisory products Excellent project management and organizational skills with an understanding of product, technology, operations and sales and marketing Series 7, 63 or 65/66, 24, life and health license or ability to get licensed Nice-to-have MBA Industry relevant designation 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 bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable 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 Flexible work/life balance options Opportunities to do challenging work Opportunities to take on progressively greater accountabilities Access to a variety of job opportunities across business The good-faith expected salary range for the above position is $65,000 - $115,000, depending on factors including but not limited to the candidate's experience, skills, registration status; market conditions; and business needs. This salary range does not include other elements of total compensation, including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions; health, dental, vision, life and disability insurance; and paid time-off plan. 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: 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: 2025-03-11 Application Deadline: Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above Inclusion and Equal Opportunity Employment At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities. We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process. Join our Talent Community Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you. 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.