Director of Product Innovation

About the role

Join our growing Global Asset Management (GAM) team at RBC! We are seeking a Director of Product Innovation to lead our efforts in expanding our product suite across asset classes and channels.

Responsibilities

• Own the new product innovation agenda, proactively identifying, developing and championing new investment product opportunities across all asset classes and distribution channels
• Build and maintain a structured, living product pipeline, ensuring every idea in the pipeline has a clear owner, a defined timeline and a rigorous business case
• Work closely with the client-facing teams across channels, IPMs and investment teams, and other key functional business partners across the global organization to ensure new product ideas are rigorously evaluated, efficiently progressed and successfully launched
• Represent the US Distribution business on various Funds Boards, New Product Committees and senior governance forums, presenting new product proposals with confidence and authority to senior internal and external stakeholders
• Identify and through due diligence of potential inorganic product expansion ideas, challenge the status quo on the existing product suite, and make the case for rationalization where appropriate
• Develop compelling go-to-market strategies for newly approved products, working closely with Distribution, Marketing and the IPM team to ensure every launch is well-positioned, well-timed and well-supported
• Define the target client and channel strategy for each new product, with a clear view of where the opportunity is largest and how to sequence the distribution effort
• Serve as the firm’s primary subject matter expert on all potential US investment vehicle types, advising the IPM team, Distribution, Legal and Compliance on the optimal structure for new product ideas as they progress through the pipeline
• Adapt or repackage existing global strategies for the US market, reducing time to market by leveraging what the firm already manages

Requirements

• Must-have Minimum 10–15 years in asset management, with a significant and demonstrable focus on product innovation, new product development or product strategy
• Credible track record of bringing new investment products to market, originating and championing ideas from concept through to launch
• Deep experience across multiple US vehicle types including active ETFs, interval funds, mutual funds, SMAs and other emerging structures — with a clear view on where the market is heading
• Strong understanding of US fund regulation and the product approval process
• Experience working across multiple distribution channels — institutional, intermediary, RIA and sub-advisory — with a clear understanding of what each channel needs from a product
• Genuine curiosity and passion for product innovation
• Deep commercial instinct and ability to assess whether a product idea has real legs or is a solution looking for a problem
• Proficient computer skills with specific experience utilizing Microsoft Office (Excel, Word and PowerPoint)

Qualifications

• CFA / CAIA designations or willing to work towards strongly preferred

Skills

• Business Case Design
• Critical Thinking
• Knowledge Organization
• Product Development Lifecycle
• Product Development Methodology
• Product Manufacturing
• Product Services
• Product Testing
• Results-Oriented
• Waterfall Model

Benefits

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.

Pay

The expected salary range for this particular position is $154,000-$253,000, depending on your experience, skills, and registration status, market conditions and business needs.

Schedule

Work hours/week: 40

Employment Type

Full time

Platform

WEALTH MANAGEMENT

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