Senior Manager, Product Management, Business Deposit Accounts

RBC; Toronto; On-site; CAD 80,000 - 100,000; Full time

Job summary

A leading financial institution is seeking a Senior Manager focused on product strategy for Business Deposit Accounts and Business Debit Cards. You will analyze portfolio performance, lead strategic product initiatives, and collaborate with various stakeholders to enhance client experience. The ideal candidate possesses strong analytical skills, experience in product management, and a degree. This is a full-time position based in Toronto offering a dynamic work environment with opportunities for professional growth.

Benefits

Dynamic work environment

Opportunities for challenging work

Qualifications

• Strong foundation in qualitative and quantitative analytical skills.
• Experience leading cross-functional teams.
• Ability to adapt to evolving priorities.

Responsibilities

• Perform P&L portfolio analysis to assess product performance.
• Shape product growth strategy for BDA product suite.
• Collaborate with partners for product strategy execution.

Skills

Strategic thinking

Stakeholder management

Analytical skills

Financial acumen

Executive-level presentations

Education

Undergraduate degree

Tools

Excel

PowerPoint

Job description

Job Description

What is the opportunity?

We are looking for a Senior Manager who is interested in product strategy and product management to join the Business Deposit Accounts (BDA) and Business Debit Cards product team. The team is responsible to drive sustainable revenue growth across the portfolio of various BDA product types, while optimizing client experience through debit card enhancements. As BDA products are core to the banking relationships, the team is also accountable to partner with others to drive new client acquisition to attract new business clients to the bank.

This role provides a unique opportunity to dive into product strategy and product management across the BDA portfolio and Business Debit Cards portfolio.

What will you do?

• Perform P&L portfolio analysis to assess performance of each product and identify key trends and insights to inform overall business performance.
• Shape the product growth strategy for BDA product suite to evolve product offerings, which includes performing market / competitive research, evaluating product constructs, conducting client research, developing business case to quantify financial benefits, formulating executive-level recommendations on proposed changes to the product suite, developing an execution roadmap and leading execution from planning to launch.
• Lead the analysis and define recommendations on various BDA and Business Debit Cards initiatives.
• Collaborate with partners across the bank to lead the execution and implementation of various BDA and Business Debit Cards product strategies.
• Perform product management activities including portfolio review and maintenance of related policies, legal agreements, marketing collaterals, etc.
• Manage and address escalations and risks / issues on a timely basis by liaising with appropriate partners.

What do you need to succeed?

Must-Have:

• Strategic thinking and structured problem solving, with a strong foundation of qualitative and quantitative analytical skills.
• Effective stakeholder management, with experience leading and collaborating with cross-functional teams.
• Proactive self-starter with ability to dive into the details when necessary, while also able to elevate with big picture in mind.
• Strong financial acumen, with advanced proficiency in business case development and portfolio performance analysis with Excel.
• Advanced proficiency in developing refined executive-level presentations with PowerPoint.
• Well organized with great attention to details.

• Comfortable with ambiguity and ability to adapt to evolving priorities.
• Undergraduate degree.

Nice-to-Have:

• Product strategy, product design, and product launch experience.
• Product management and P&L experience.
• Commercial Banking knowledge.
• Prior experience in management consulting, strategy or analytics roles.
• MBA or equivalent.

What’s in it for you? (Standard)

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.

• Ability to make a difference and lasting impact.
• Work in a dynamic, collaborative, progressive, and high-performing team.
• Opportunities to do challenging work.

Job Skills

Business Cases, Communication, Critical Thinking, Portfolio Analysis, Product Management, Product Strategies

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: PERSONAL & COMMERCIAL BANKING

Job Type: Regular

Pay Type: Salaried

Posted Date: 2025-12-19

Application Deadline: 2026-01-05

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.

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RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.