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Managing Director, Portfolio Solutions Support and Strategy

RBC3 days ago
Toronto, ON
Senior Level
full_time

Top Benefits

Total Rewards Program: bonuses, flexible benefits, competitive compensation, commissions, stock options
Leadership development through coaching and management opportunities
Dynamic, collaborative, high-performing team environment

About the role

Job Description

What is the opportunity?

RBC Global Asset Management (RBC GAM) is the asset management division of Royal Bank of Canada (RBC) and includes leading money managers such as BlueBay Asset Management and Phillips, Hager & North Investment Management. RBC GAM provides global investment management services and solutions to institutional, high-net-worth, and individual investors through a diverse range of offerings, including separate accounts, pooled funds, mutual funds, hedge funds, exchange-traded funds, and specialty investment strategies.

As a key member of the RBC GAM Investment Solutions Leadership team, the Managing Director, Portfolio Solutions Support and Strategy is responsible for the oversight, strategic direction, and growth of RBC GAM’s suite of Portfolio Solutions, which currently represents $171 billion in assets under management (AUM)—24% of RBC GAM’s overall AUM and 46% of the Individual Investor AUM. This role will focus on distribution strategy and support of Portfolio Solutions, with a particular emphasis on the flagship RBC Select Portfolios, which accounts for $139 billion (81%) of the total Portfolio Solutions AUM. The Managing Director will collaborate with cross-functional teams, oversee strategic initiatives, and ensure the delivery of high-quality solutions to meet the evolving needs of clients and stakeholders.

What will you do

  • Lead the development and execution of RBC GAM’s Portfolio Solutions distribution strategy.
  • Serve as a key product expert, ensuring a deep understanding of product features, performance, and positioning across all Portfolio Solutions.
  • Work closely with distribution partners to develop and implement strategies that drive growth and strengthen market presence.
  • Manage relationships with key distribution partners, including the EDS team and the Branch Network as well as collaborate with the Advisor Channel and National Accounts teams.
  • Collaborate with marketing, operations, and other teams to ensure seamless execution of Portfolio Solutions strategies
  • Partner with internal teams to develop digital tools and solutions that improve operational efficiency and client engagement.
  • Analyze and communicate the performance of Portfolio Solutions by risk profile, identifying trends and opportunities for improvement.
  • Conduct ongoing competitive analysis of the Canadian Portfolio Solutions landscape, including product features, pricing, performance, and sales trends.
  • Grow and lead a high-performing team.

What do you need to succeed?

Must Have

  • 10+ years of investment / business experience
  • University undergraduate degree or equivalent
  • Knowledge and/or experience working within the Canadian Retail Banking industry
  • Experience in developing and leading business initiatives
  • Project management skills
  • Strong understanding of financial and investment management concepts
  • Knowledge of mutual fund industry and products with a focus on portfolio solutions

Nice to Have

  • MBA or CFA
  • Understanding of RBC GAM products is an asset

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
  • Opportunities to do challenging work
  • Opportunities to take on progressively greater accountabilities
  • Access to a variety of job opportunities across business and geographies

Job Skills

Communication, Critical Thinking, Effectiveness Measurement, Financial Regulation, Interpersonal Relationship Management, Long Term Planning, Product Development Lifecycle, Product Development Methodology, Product Services, Results-Oriented, Waterfall Model

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:

WEALTH MANAGEMENT

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2025-10-16

Application Deadline:

2025-11-07

Note**:** Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

I****nclusion 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.

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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

Banking
10,000+

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.

http://rbc.com/legalstuff.

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.

https://www.rbc.com/conditions-dutilisation/