Lead Product Manager – Equities

RBC; Boston (MA); On-site; USD 99,000 - 176,000; Full time

Benefits offered by this job

Competitive compensation

401(k) with match

Health benefits

Development opportunities

Discretionary bonus

Job summary

RBC is seeking a Lead Product Manager focused on equity strategies and equity investment vehicles within Global Asset Management. You will work closely with investment teams to drive product innovation, development and long‑term growth of our equity products, reporting into GAM US Distribution.

You will manage end‑to‑end lifecycle, collaborate with legal/compliance, and prepare materials for boards and committees, building go‑to‑market plans with distribution and IPM.

Qualifications

• Bachelor’s degree.
• 7+ years of relevant experience in the asset management industry.
• Deep understanding of the competitive landscape within the equity asset class.
• Detailed knowledge across all US vehicle types such as commingled funds, mutual funds, and ETFs.
• Experience across multiple distribution channels with a product perspective.
• Experience bringing new products to market.
• Experience using analytical tools such as Morningstar Direct, eVestment, Preqin, Bloomberg.
• Strong understanding of US fund regulation and the product approval process.
• CFA / CAIA designations strongly preferred.

Responsibilities

• Work alongside the Director of Product Innovation on end-to-end lifecycle management of equity strategies.
• Act as the firm’s SME for US vehicle types including ETFs and mutual funds.
• Identify and champion new equity product opportunities.
• Navigate product approvals with legal/compliance and other stakeholders to accelerate time-to-market.
• Prepare materials and present to boards and governance forums with confidence.
• Develop go-to-market strategies with distribution, marketing and IPM.
• Monitor competitive landscape and regulatory changes to identify opportunities.
• Produce competitive analyses and contribute to business development plans.

Skills

Product management

Strategic thinking

Cross-functional collaboration

Education

Bachelor’s degree

Tools

Morningstar Direct

eVestment

Preqin

Bloomberg

Job description

Job Description

What is the opportunity?

Join our growing Global Asset Management (GAM) team at RBC! We are seeking a Lead Product Manager who will be focused on equity strategies and investment vehicles.

Reporting up through the RBC GAM US Distribution channel and working in very close proximity to the investment teams, this role will be focused on driving product innovation, development, management, and long-term growth strategy of our equity investment products.

What will you do?

• Work alongside the Director of Product Innovation on end-to-end product lifecycle management of equity strategies and help drive the strategic direction for our equity product suite expansion
• Act as the firm’s subject matter expert for all US vehicle types, in particular those more prevalent in the equities space that will include commingled investment funds, mutual funds, ETFs, etc.
• Proactively identify, develop and champion new equity investment product opportunities
• Work closely with legal, compliance, operations and other key functional stakeholders to navigate the product approval process efficiently, building proactive relationships needed to accelerate speed to market and eliminate potential bottlenecks
• Prepare materials for, and ultimately present to, various funds boards, new product committees and senior governance forums, presenting new product proposals with confidence and authority to senior internal and external stakeholders
• Partner with legal and other key stakeholders to support periodic filings and ensure investment vehicle documents stay up to date as strategies or terms evolve
• Develop compelling go-to-market strategies for newly approved products, working closely with distribution, marketing and the Institutional Portfolio Management (IPM) team to ensure every launch is well-positioned, well-timed, and well-supported
• Continuously monitor the competitive landscape, regulatory environment, industry flow dynamics and investor trends to identify commercial opportunities and potential future product requirements
• Produce competitive analysis packages for each equity product, and partner with key stakeholders to develop and execute product-level business development plans
• Challenge the status quo on the existing equity product suite, identifying strategies that are no longer competitively positioned and making the case for rationalization where appropriate
• Act as a conduit of knowledge and information flow between investment desks and distribution/client-facing teams; serve as the primary point of contact who leads on responding to product-related queries on the firm’s equities investment strategies from clients and prospects
• Support the IPM team in responding to RFPs by developing high-quality responses to typical product-related RFP questions and provide input into solution design and pricing
• Contribute to ongoing training sessions for the distribution team on our suite of equity strategies including team structure, investment philosophy and process, peer-relative performance as well as key differentiating features of our team and strategy, etc.
• Work on projects as needed internally specifically to increase the effectiveness, efficiencies and consistency of the service we provide to clients
• Co-ordinate with other Product Managers and IPMs to build efficiencies into the process of supporting the client-facing teams

What do you need to succeed?

Must-have

• Bachelor’s degree
• 7+ years of relevant experience in the asset management industry
• Deep understanding of the competitive landscape within the equity asset class
• Detailed knowledge across all US vehicle types, in particular those more prevalent in the equity space such as commingled investment funds, mutual funds, and ETFs
• Experience working across multiple distribution channels — institutional, intermediary, RIA and sub-advisory — with a clear understanding of what each channel needs from a product perspective
• Experience bringing new products to market, originating and championing ideas from concept through to launch
• Experience using analytical tools such as Morningstar Direct, eVestment, Preqin, Bloomberg, etc.
• Strong understanding of US fund regulation and the product approval process
• CFA / CAIA designations strongly preferred

What’s in it for you?

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.

• A comprehensive Total Rewards Program include competitive compensation and flexible benefits, such as 401(k) program with company-matching contributions, health, dental, vision, life, disability insurance, and paid-time off.
• 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.
• Opportunities to do challenging work.
• Opportunities to build close relationships with clients.

The expected salary range for this particular position is $99,000-$176,000 (Boston), $90,000-$160,000 (Minneapolis), depending on your experience, skills, and registration status, market conditions and business needs.

You have the potential to earn more through RBC’s discretionary variable compensation program which gives you an opportunity to increase your total compensation, provided the business meets its performance targets and you meet your individual goals.

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:

• Drives RBC’s high-performance culture
• Enables collective achievement of our strategic goals
• Generates sustainable shareholder returns and above market shareholder value

Job Skills

Business Case Design, Communication, Critical Thinking, Effectiveness Measurement, Financial Regulation, Interpersonal Relationship Management, Product Development Lifecycle, Product Development Methodology, Product Services, Results-Oriented, Waterfall Model

Additional Job Details

Address:

225 FRANKLIN STREET:BOSTON

City:

Boston

Country:

United States of America

Work hours/week:

40

Employment Type:

Full time

Platform:

WEALTH MANAGEMENT

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2026-08-27

Application Deadline

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.