RBC
Job Title
Director of Banking Solutions, RBC
Location Minneapolis, MN
Employment Type Full time, Regular, Salaried
Posted / Deadline Posted Date: 2025-12-08 Application Deadline: 11:59 PM on the day prior to the application deadline date
Salary Range $130,000 - $210,000 (Minneapolis) depending on experience, skills, registration status, market conditions and business needs. Potential variable compensation may increase total compensation.
Job Description The Director, Banking Solutions is a highly strategic and execution-focused role responsible for the end-to-end product life cycle, strategy, and distribution of all consumer and brokerage cash, deposit, and cash management solutions across RBC Wealth Management. This individual will drive product innovation and delivery through our advisor and client-facing digital channels, ensuring superior client experience, regulatory compliance, and alignment with the firm’s deposit-gathering goals.
Responsibilities
Develop and execute a comprehensive solution strategy for all consumer and brokerage cash management products, including cash sweep programs, FDIC-insured deposit products, checking/cash management accounts, debit cards, and wire/money movement services.
Lead product delivery execution roadmap across all channels, translating complex business requirements into clear specifications for technology and operations teams.
Drive the enhancement and innovation of digital cash management capabilities through client portal and advisor desktop.
Serve as primary Subject Matter Expert (SME), managing the product lifecycle from ideation and feature development through deployment and post‑launch monitoring.
Manage the Product P&L for the banking solutions suite, optimizing deposit mix, pricing, fees and overall profitability.
Conduct continuous competitive analysis and market research to identify opportunities for new cash products and service improvements in the high‑net‑worth (HNW) space.
Oversee advisor and client‑facing channel strategy for product adoption, ensuring products are delivered and serviced efficiently and intuitively across digital platforms.
Collaborate with Legal and Compliance teams to ensure all banking products and channel delivery methods meet regulatory requirements.
Develop and deliver training and communication materials to Financial Advisors and field support teams regarding new product releases, features and policy updates.
Partner with Operations to streamline back‑office processes related to cash movements, checks and debit card issuance/support, ensuring operational excellence.
Qualifications
Minimum 10 to 15 years of progressive experience in financial services, specifically in consumer banking, brokerage banking or wealth management product management.
Deep, hands‑on experience with core consumer and brokerage banking products, including CMAs, checks, debit card programs and money transfer services.
Proven experience in product delivery through digital channels (client portals, mobile apps, advisor platforms) is preferred.
Demonstrated ability to define a product strategy and lead cross‑functional execution to bring it to market.
Exceptional communication and influence skills, with ability to convey product vision and technical requirements to executive leadership, technology teams and field advisory groups.
Nice‑to‑Haves
Experience managing a product P&L for a banking or deposit product line.
Familiarity with integration points between wealth management custody platforms and commercial banking services.
Relevant professional certifications or advanced degrees such as MBA.
Benefits
Comprehensive Total Rewards Program including competitive compensation and flexible benefits such as 401(k) with company matching, health, dental, vision, life, disability insurance and paid‑time‑off.
Career development through coaching and management opportunities.
Opportunity to make a lasting impact on clients and communities.
Dynamic, collaborative, progressive, high‑performing team environment.
Challenging and impactful work with prospects for building close client relationships.
Job Skills
Business Case Design, Critical Thinking, Knowledge Organization, Product Development Lifecycle, Product Development Methodology, Product Manufacturing, Product Services, Product Testing, Results‑Oriented, Waterfall Model.
Additional Job Details
Address: 6000 Fairview Road, Charlotte
City: Charlotte
Country: United States of America
Work hours/week: 40
Platform: Wealth Management
Job Type: Regular
Pay Type: Salaried
Posted Date: 2025-12-08
EEO Statement 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.
Apply Applications will be accepted until 11:59 PM on the day prior to the application deadline date. For additional information, join our Talent Community to stay in-the‑know about great career opportunities at RBC.
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Location Minneapolis, MN
Employment Type Full time, Regular, Salaried
Posted / Deadline Posted Date: 2025-12-08 Application Deadline: 11:59 PM on the day prior to the application deadline date
Salary Range $130,000 - $210,000 (Minneapolis) depending on experience, skills, registration status, market conditions and business needs. Potential variable compensation may increase total compensation.
Job Description The Director, Banking Solutions is a highly strategic and execution-focused role responsible for the end-to-end product life cycle, strategy, and distribution of all consumer and brokerage cash, deposit, and cash management solutions across RBC Wealth Management. This individual will drive product innovation and delivery through our advisor and client-facing digital channels, ensuring superior client experience, regulatory compliance, and alignment with the firm’s deposit-gathering goals.
Responsibilities
Develop and execute a comprehensive solution strategy for all consumer and brokerage cash management products, including cash sweep programs, FDIC-insured deposit products, checking/cash management accounts, debit cards, and wire/money movement services.
Lead product delivery execution roadmap across all channels, translating complex business requirements into clear specifications for technology and operations teams.
Drive the enhancement and innovation of digital cash management capabilities through client portal and advisor desktop.
Serve as primary Subject Matter Expert (SME), managing the product lifecycle from ideation and feature development through deployment and post‑launch monitoring.
Manage the Product P&L for the banking solutions suite, optimizing deposit mix, pricing, fees and overall profitability.
Conduct continuous competitive analysis and market research to identify opportunities for new cash products and service improvements in the high‑net‑worth (HNW) space.
Oversee advisor and client‑facing channel strategy for product adoption, ensuring products are delivered and serviced efficiently and intuitively across digital platforms.
Collaborate with Legal and Compliance teams to ensure all banking products and channel delivery methods meet regulatory requirements.
Develop and deliver training and communication materials to Financial Advisors and field support teams regarding new product releases, features and policy updates.
Partner with Operations to streamline back‑office processes related to cash movements, checks and debit card issuance/support, ensuring operational excellence.
Qualifications
Minimum 10 to 15 years of progressive experience in financial services, specifically in consumer banking, brokerage banking or wealth management product management.
Deep, hands‑on experience with core consumer and brokerage banking products, including CMAs, checks, debit card programs and money transfer services.
Proven experience in product delivery through digital channels (client portals, mobile apps, advisor platforms) is preferred.
Demonstrated ability to define a product strategy and lead cross‑functional execution to bring it to market.
Exceptional communication and influence skills, with ability to convey product vision and technical requirements to executive leadership, technology teams and field advisory groups.
Nice‑to‑Haves
Experience managing a product P&L for a banking or deposit product line.
Familiarity with integration points between wealth management custody platforms and commercial banking services.
Relevant professional certifications or advanced degrees such as MBA.
Benefits
Comprehensive Total Rewards Program including competitive compensation and flexible benefits such as 401(k) with company matching, health, dental, vision, life, disability insurance and paid‑time‑off.
Career development through coaching and management opportunities.
Opportunity to make a lasting impact on clients and communities.
Dynamic, collaborative, progressive, high‑performing team environment.
Challenging and impactful work with prospects for building close client relationships.
Job Skills
Business Case Design, Critical Thinking, Knowledge Organization, Product Development Lifecycle, Product Development Methodology, Product Manufacturing, Product Services, Product Testing, Results‑Oriented, Waterfall Model.
Additional Job Details
Address: 6000 Fairview Road, Charlotte
City: Charlotte
Country: United States of America
Work hours/week: 40
Platform: Wealth Management
Job Type: Regular
Pay Type: Salaried
Posted Date: 2025-12-08
EEO Statement 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.
Apply Applications will be accepted until 11:59 PM on the day prior to the application deadline date. For additional information, join our Talent Community to stay in-the‑know about great career opportunities at RBC.
#J-18808-Ljbffr