Lead Product Manager – Advisor Strategies

Job Description

Job Description What is the opportunity? The Product Manager fills a critical product management role by assisting the Sr. Product Manager, Advisory Programs, in the platform management of the Advisory Programs Discretionary and Client-directed programs. The Product Manager role exists to drive growth in fee-based strategies and to ensure competitive positioning is achieved in the marketplace. This person will identify product opportunities and challenges, leads the development of sales tools, marketing materials and product enhancements on existing programs, establishes new products, communicates across the organization, supports and participates in educational campaigns, and manages multiple vendor relationships. In addition, this individual will collaborate with various organizational groups and departments to ensure proper relationships are established and maintained and provides the necessary products and services for use by the Private Client Group/RBC Wealth Management-US (RBC WM-US), RBC Clearing & Custody (RBC C&C) divisions. The role of Product Manager aligns directly to the RBC WM-US overall strategy of client service. What will you do? Maintain knowledge and understanding of current trends and products and can effectively manage the needs of multiple business channels, advisors, and clients in an increasingly global environment. Conduct and coordinate ad-hoc quantitative analysis of product (e.g., profitability, asset growth, revenue, expense, market share and segmentation, program features, etc.) Manage product training, marketing & support: Work closely with and act as a resource for multiple business partners in providing effective support and services to the field. Serve in an advanced support role for advisors and various business partners in high-level situations that require analysis or policy decisions. Enhance and improve sales and marketing tools for the discretionary fee-based platform (Portfolio Focus) and client-directed platform (RBC Advisor). Develop a strong relationship with the research teams and tools. Proactively market and communicate with various business channels to better understand each business channels needs and continually improve materials, tools and programs. Partner with the various business partners to ensure effective support structure for the programs. Partner with various business partners and groups to deliver educational campaigns, training programs, annual symposiums and annual Advisory Council meetings for field management and advisors to help them transition and build wealth management businesses using fee-based solutions. Ad hoc duties as required (ex. contribute to cross-functional product initiatives, support RBC WM-US strategic initiatives as needed, etc). Develop strong partnerships with various support teams to understand key opportunities and challenges within the programs and develop creative solutions. Develop strong relationships with product vendor(s) to enhance service within RBC WM-

Required Skills