Retirement Solutions Product Manager-Individual

Royal Bank of Canada • Minneapolis, MN

18h

About The Position

The Retirement Solutions team is the primary source of product development, management, and support for retirement products sold through RBC US Wealth Management, including individual retirement accounts and employer-sponsored retirement plans. The Product Manager, Retirement Solutions is responsible for developing and managing products used by employer-sponsored plans, including internal plans and accounts and third-party products.

The role ensures the platform offers competitive solutions, develops policies and procedures that comply with regulatory requirements and mitigate risk, and designs and implements strategic initiatives. Responsibilities also include identifying product opportunities and challenges, expanding product offerings to maintain competitive positioning, communicating across the organization, developing educational campaigns, and managing vendor and partner relationships.

Requirements

• Bachelor’s degree in business, finance, or marketing.
• At least 7 years of securities or financial markets experience.
• Understanding of employer-sponsored retirement plans and advisory products.
• Excellent project management and organizational skills.
• Understanding of product, technology, operations, sales, and marketing.
• Series 7, 63, or 65/66 license, and Life and Health license, or ability to obtain the licenses.

Nice To Haves

• MBA.
• Industry-relevant designation.

Responsibilities

• Develop and lead implementation of strategies that help US Wealth Management business lines identify distribution opportunities and promote retirement product offerings.
• Manage reviews of new product offerings and enhancements to existing products, including product, marketing, legal, compliance, and communication strategies.
• Research the competitive landscape and industry trends to ensure products meet market and client needs.
• Identify product challenges and recommend solutions.
• Monitor the regulatory environment for business risks and impacts, and recommend and implement policy and process changes as needed.
• Participate in designing training and education for Financial Advisors and branch support staff to increase sales, productivity, and field efficiencies.
• Develop policies and procedures to comply with regulatory requirements and mitigate risk.
• Manage vendor and partner relationships.

Benefits

• Comprehensive Total Rewards Program.
• Bonuses and flexible benefits.
• Competitive compensation, commissions, and stock where applicable.
• Development through coaching and managing opportunities.
• Opportunity to make a difference and lasting impact.
• Dynamic, collaborative, progressive, and high-performing team.
• Flexible work/life balance options.
• Challenging work.
• Opportunities to take on progressively greater accountabilities.
• Access to a variety of job opportunities across the business.
• Discretionary bonus.
• 401(k) program with company-matching contributions.
• Health, dental, vision, life, and disability insurance.
• Paid time-off plan.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior