Principal Product Manager

RBC; Toronto; On-site; CAD 150,000 - 190,000; Full time

Job summary

RBC Borealis is seeking an experienced Principal Product Manager to shape the next generation of AI products for Personal Banking. You will lead cross-functional teams of researchers and engineers, translating research models into production-grade solutions while navigating regulatory requirements.

This role offers opportunities to drive responsible AI adoption, define strategy, and deliver high-value, AI-driven products that impact customers and the business.

Qualifications

• Coaching others and mentoring teams.
• Strong analytical and decision-making abilities.
• Experience with ML-enabled product development.

Responsibilities

• Strategic Leadership: Develop product vision, identify market opportunities, define roadmap, set OKRs.
• Product Development: Lead end-to-end development from ideation to launch, collaborate with AI researchers/engineers, apply agile methods.
• Stakeholder Management: Build relationships, influence cross-functional teams, communicate with senior leadership.
• Innovation and Entrepreneurship: Foster a culture of experimentation and data-driven decision making.

Skills

Coaching Others

Critical Thinking

Decision Making

Detail-Oriented

Group Problem Solving

Industry Knowledge

Machine Learning (ML)

Multi-Level Communication

Results-Oriented

Job description

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.

Job Description

Principal Product Manager

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.

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Job Skills

Coaching Others, Critical Thinking, Decision Making, Detail-Oriented, Group Problem Solving, Industry Knowledge, Machine Learning (ML), Multi-Level Communication, Results-Oriented

Additional Job Details

Address: RBC WATERPARK PLACE, 88 QUEENS QUAY W:TORONTO

City: Toronto

Country: Canada

Work hours/week: 37.5

Employment Type: Full time

Platform: TECHNOLOGY AND OPERATIONS

Job Type: Regular

Pay Type: Salaried

Posted Date: 2026-07-08

Application Deadline: 2026-08-28

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

Our Employment Opportunities

At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One 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.