Product Manager, Retirement Solutions
Top Benefits
About the role
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 Product Manager, Retirement Solutions is responsible for product development and management of products used by employer-sponsored retirement plans, including internal plans and accounts, and third party products. 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 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 7+ years securities or financial markets experience
- Ability to travel 10% of time
- 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 and life and health licenses, or ability to get licensed
Nice-to-have
- ESOP (Employee Stock Ownership Plan) experience/knowledge
- 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 $85,000 - $150,000, 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.
Job Skills
Analytical Thinking, Business Decisions, Critical Thinking, Group Problem Solving, Interpersonal Relationship 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:
2025-07-07
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 believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.
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.
About RBC
Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 94,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada's biggest bank and one of the largest in the world, based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our more than 17 million clients in Canada, the U.S. and 27 other countries. Learn more at rbc.com. We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at www.rbc.com/community-social-impact.
La Banque Royale du Canada est une institution financière mondiale définie par sa raison d'être, guidée par des principes et orientée vers l'excellence en matière de rendement. Notre succès est attribuable aux quelque 94 000+ employés qui mettent à profit leur créativité et leur savoir faire pour concrétiser notre vision, nos valeurs et notre stratégie afin que nous puissions contribuer à la prospérité de nos clients et au dynamisme des collectivités. Selon la capitalisation boursière, nous sommes la plus importante banque du Canada et l'une des plus grandes banques du monde. Nous avons adopté un modèle d'affaires diversifié axé sur l'innovation et l'offre d'expériences exceptionnelles à nos plus de 17 millions de clients au Canada, aux États Unis et dans 27 autres pays. Pour en savoir plus, visitez le site rbc.com/francais
Nous sommes fiers d'appuyer une grande diversité d'initiatives communautaires par des dons, des investissements dans la collectivité et le travail bénévole de nos employés. Pour de plus amples renseignements, visitez le site www.rbc.com/collectivite-impact-social.
Product Manager, Retirement Solutions
Top Benefits
About the role
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 Product Manager, Retirement Solutions is responsible for product development and management of products used by employer-sponsored retirement plans, including internal plans and accounts, and third party products. 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 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 7+ years securities or financial markets experience
- Ability to travel 10% of time
- 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 and life and health licenses, or ability to get licensed
Nice-to-have
- ESOP (Employee Stock Ownership Plan) experience/knowledge
- 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 $85,000 - $150,000, 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.
Job Skills
Analytical Thinking, Business Decisions, Critical Thinking, Group Problem Solving, Interpersonal Relationship 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:
2025-07-07
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 believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.
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.
About RBC
Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 94,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada's biggest bank and one of the largest in the world, based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our more than 17 million clients in Canada, the U.S. and 27 other countries. Learn more at rbc.com. We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at www.rbc.com/community-social-impact.
La Banque Royale du Canada est une institution financière mondiale définie par sa raison d'être, guidée par des principes et orientée vers l'excellence en matière de rendement. Notre succès est attribuable aux quelque 94 000+ employés qui mettent à profit leur créativité et leur savoir faire pour concrétiser notre vision, nos valeurs et notre stratégie afin que nous puissions contribuer à la prospérité de nos clients et au dynamisme des collectivités. Selon la capitalisation boursière, nous sommes la plus importante banque du Canada et l'une des plus grandes banques du monde. Nous avons adopté un modèle d'affaires diversifié axé sur l'innovation et l'offre d'expériences exceptionnelles à nos plus de 17 millions de clients au Canada, aux États Unis et dans 27 autres pays. Pour en savoir plus, visitez le site rbc.com/francais
Nous sommes fiers d'appuyer une grande diversité d'initiatives communautaires par des dons, des investissements dans la collectivité et le travail bénévole de nos employés. Pour de plus amples renseignements, visitez le site www.rbc.com/collectivite-impact-social.