Director - Digital Trading

RBC Capital Markets, LLC

Minneapolis (MN)

On-site

USD 140,000 - 230,000

Full time

14 days+

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Benefits offered by this job

Bonuses

Stock options

Flexible benefits

World-class training

Work-life balance

Job summary

RBC US Wealth Management in Minneapolis is seeking a Director - Digital Trading to provide strategic leadership for digital product initiatives. You will oversee a team of Product Owners and align product strategy with brokerage and trading objectives to enhance advisor and client experiences.

The role focuses on trading systems including advisor order entry and execution, working with vendors and internal partners to deliver cohesive, compliant solutions.

Qualifications

12+ years of product management experience in financial services or money movement.
5+ years leading product management teams.
Proven track record of scaling digital products in highly regulated banking environments.
Strong understanding of banking products, deposits, credit, and lending operations.
Experience navigating regulatory compliance, risk management, and consumer protection.

Responsibilities

Define digital product strategy for trading platforms, portfolio analytics, risk management, and execution systems.
Establish roadmaps aligned with business goals and client needs.
Identify opportunities in algorithmic trading, analytics, and workflow automation.
Ensure regulatory compliance across all initiatives.
Lead and mentor Product Owners and cross-functional teams.

Skills

Product leadership

Strategic thinking

Regulatory compliance knowledge

Agile product development

Executive communication

Job description

Job Description

WHAT IS THE OPPORTUNITY?

The Director - Digital Trading provides strategic leadership and oversight of digital product initiatives within RBC US Wealth Management. They manage a team of Product Owners, align product strategy with core brokerage and trading objectives, and drive innovation across the digital client experience for our portfolio management and trading tools. This role focuses on trading systems including advisor order entry, order processing and execution systems. You’ll work with vendors and internal development partners to ensure the best overall experience for our clients and advisors.

WHAT WILL YOU DO?

Strategic Leadership

Define digital product strategy for trading platforms, portfolio analytics, risk management, and execution systems
Establish roadmaps aligned with business goals and client needs
Identify opportunities in algorithmic trading, analytics, and workflow automation
Ensure regulatory compliance across all initiatives

Team Leadership

Hire, mentor, and develop Product Owners
Coach on product strategy, regulatory requirements, and capital markets best practices
Set performance expectations and foster cross-functional collaboration

Portfolio & Financial Management

Oversee product performance and ROI across the trading and portfolio management portfolio
Manage budget allocation and prioritize investments
Monitor trading volumes, execution quality, and client retention metrics

Stakeholder Engagement & Cross-Functional Leadership

Manage relationships with traders, portfolio managers, clients, compliance, and risk teams
Represent the product function in regulatory discussions
Act as "the glue" between vertical silos within project teams - including operations, risk/compliance and other technology delivery teams
Partner across business, tech, design, research, communications, training, compliance, legal, and risk functions
Enable partners by equipping communications/training teams with data, digital messaging, and timely updates
Provide regular visibility and updates to senior leadership on project status and releases

Product Development & User Engagement

Lead user engagement through pilot management, research, and feedback collection
Align product teams with user experience and increase speed to delivery through agile ways of working
Conduct user research, design solutions, and iterate through agile cycles (Research Design Build Pilot)
Own end-to-end requirements
Move from fragmented digital environments to deliver cohesive user experiences across advisor-facing, branch-facing, and client-facing platforms

WHAT DO YOU NEED TO SUCCEED?

Must have:

12+ years of product management experience in financial services in money movement
5+ years leading product management teams
Proven track record of scaling digital products in highly regulated banking environments
Strong understanding of banking industry, deposit products, credit products, and lending operations
Experience navigating regulatory compliance, risk management, and consumer protection in financial services
Excellent strategic thinking and executive communication abilities
Deep knowledge of agile and digital product development methodologies

What’s in it for you?

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
A world-class training program in financial services
Flexible work/life balance options
Opportunities to do challenging work

The good-faith expected salary range for the above position is $140,000- $230,000 depending on factors including but not limited to the candidate's experience, skills, registration status; market conditions; and business needs. This salary range does not include other elements of total compensation, including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions; health, dental, vision, life and disability insurance; and paid time-off plan. RBC's compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that:

Job Skills