Principal Product Manager

Socket.dev

Toronto

On-site

CAD 130,000 - 190,000

Full time

7 days ago

Be an early applicant

Application generator

Don’t send a generic resume — generate a resume and cover letter tailored to this exact role.

Get past ATS filters

Benefits offered by this job

Bonuses & flexible benefits

Stock options where applicable

Competitive compensation

Career development and coaching

Job summary

RBC Borealis, part of the Royal Bank of Canada, is seeking a Principal Product Manager in Toronto to shape AI-driven Personal Banking products. You will lead cross-functional teams, drive the product strategy, and translate complex AI concepts into production-ready offerings.

You will collaborate with researchers and engineers, define roadmaps, OKRs, and agile processes, and influence senior leadership. This is a senior role requiring strong communication and strategic thinking.

Qualifications

8+ years in product management at tech firms or large enterprises, focused on AI/ML products.
Experience managing a product lifecycle in a matrixed organization.
Ability to lead and influence cross-functional teams across business, legal, and compliance.
Exceptional communication, presentation, and interpersonal skills.

Responsibilities

Develop product vision, roadmap, and OKRs to drive AI product adoption and business value.
Lead end-to-end product development from ideation to launch with agile practices.
Collaborate with AI researchers and engineers to translate complex concepts into valuable products.
Communicate strategy and progress to senior leadership and stakeholders.

Skills

Product leadership

AI/ML

Cross-functional influence

Executive communication

Entrepreneurial mindset

Technical background

Job description

Job Description

Principal Product Manager

What's the opportunity?

RBC Borealis is looking for an experienced Principal Product Manager to shape the next generation of AI products for Personal Banking. Working at the frontier of applied AI, you’ll take advanced models from research into real-world, production-grade solutions. You’ll collaborate with leading AI researchers and engineers to solve complex, high-value problems in a highly regulated environment. This role offers the chance to drive responsible AI adoption, influence enterprise strategy, and create tangible impact through innovative, AI-driven products.

Your responsibilities include:

Strategic Leadership:
- Develop product vision, positioning, value proposition that supports AI understanding, business prioritization, and adoption of solutions;
- Identify market opportunities and define the product roadmap, focusing on innovative solutions that leverage AI technologies to solve real-world problems;
- Set ambitious objectives and key results (OKRs) to measure product success and drive continuous improvement;
Product Development:
- Lead the end-to-end product development process, from ideation to launch, ensuring timely and successful delivery of high-quality products;
- Work closely with AI researchers and engineers to translate complex technical concepts into products that drives business value and adoption;
- Implement agile methodologies to ensure flexibility, rapid iteration, and responsiveness to feedback;
Stakeholder Management:
- Build and maintain strong relationships with key stakeholders across Borealis and RBC, fostering collaboration and alignment towards a shared vision;
- Influence and inspire cross-functional teams, including business owners, operations, legal, and compliance, to ensure seamless product execution;
- Communicate product vision, strategy, and progress effectively to senior leadership and other stakeholders, ensuring transparency and buy-in;
Innovation and Entrepreneurship:
- Foster a culture of innovation within the product team, encouraging creative thinking and the exploration of new ideas;
- Stay abreast of industry trends and emerging technologies, identifying opportunities to integrate AI advancements into your strategy;
- Champion a test-and-learn approach, promoting experimentation and the use of data to drive decision-making.

You're our ideal candidate if you have:

8+ years of product management experience in a top-tier technology company or large enterprise, with a focus on AI/ML-based products
In-depth experience of a managing a product throughout its entire lifecycle within a large, matrixed enterprise
Demonstrated ability to lead and influence cross-functional teams, fostering collaboration and driving alignment
Exception communication, presentation, interpersonal skills
Entrepreneurial mindset with a passion for innovation and a proactive approach to problem-solving
Familiar with AI/ML concepts, data-driven mindset, familiar with system evaluation, monitoring and optimization
Strong technical background with the ability to understand and discuss architectural concepts, trade-offs, and new opportunities with technical team members

What's in it for you?

Become part of a team that thinks progressively and works collaboratively. We care about seeing each other reach full potential;
A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock options where applicable;
Leaders who support your development through coaching and managing opportunities;
Ability to make a difference and lasting impact from a local-to-global scale.

Inclusion and Equal Opportunity Employment

RBC is an equal opportunity employer committed to diversity and inclusion. We are pleased to consider all qualified applicants for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veterans status, Aboriginal/Native American status or any other legally-protected factors. Disability-related accommodations during the application process are available upon request.

About RBC Borealis

RBC Borealis is the driving force behind Royal Bank of Canada’s AI and data innovation. As part of Canada’s largest financial institution, we bring together a team of architects, engineers, scientists, and product experts on a mission to revolutionize finance through world-class research, solutions, and a resilient data platform. With locations across Toronto, Waterloo, Montreal, Calgary, and Vancouver, we’re at the forefront of AI research and platform development. With a focus on cutting-edge research in areas like time series forecasting, causal machine learning, and responsible AI, we are seamlessly integrating AI research and data engineering, to solve critical challenges in the financial industry. We are building intelligent, and scalable, data-driven solutions that will help communities thrive and drive innovation for our customers across the bank.

Job Skills