Senior Product Owner

What is the opportunity?

As a Senior Product/Capability Owner – Risk Management/Compliance, you will partner with executive stakeholders to ensure RBC Wealth Management delivers the right technology controls to meet an ever-evolving regulatory landscape and internal risk appetite. You will work with our Head of Business Risk, Chief Compliance Officer and their direct reports, driving the introduction of new vendor applications, internal controls and reports, and enhancements to existing platforms to ensure compliance in a growing business.

What will you do?

Serve as an advocate for our Head of Business Risk, Chief Compliance Officer and their teams, bringing forward risks and opportunities with recommendations on how to proceed and/or adjust course to deliver value for the business.  An understanding of the financial services industry and competitive environment, as well as vendors that are recognized as key leading solution providers in these areas is critical to success in this role.

• Responsible for successfully delivering strategic initiatives through completion of quality deliverables within the identified scope, schedule and budget
• Review “business cases” for enhancements and make recommendations for approvals depending on Return on Investment, payback, alignment to strategy, etc.  Lead associated Discovery efforts to validate proof-of-concept as appropriate
• Work with the key Business groups, Stakeholders, Information Technology, and Project Delivery Organization to prioritize the enhancements to be made to the assigned applications ensuring adherence to annual budget
• Report to business stakeholders and team members on the progress of initiatives within the capability of work and product roadmap so their feedback is incorporated as part of on-going planning
• Establish strong relationship with vendor(s) and play a key role in providing input to the vendor strategy and roadmap to enhance the client experience
• Work with the Information Technology group and the impacted businesses to manage the overall release process ensuring all stakeholders are aware of the contents of the release and how they will be impacted
• Provide visibility to all work streams across initiatives to stakeholders including regular updates to Sr. Leadership Team
• Provide support to Director for cross platform alignment  
• Depending on the initiative, the Senior Capability Owner may be called upon to perform multiple roles, some of which include Business Analyst (write requirements /user stories), User Acceptance Tester, and PIV oversight and execution

What do you need to succeed?

Must-have

• 4-year degree from an accredited university in Business Administration, Information Technology, Computer Science, Engineering, Management, Business or equivalent industry experience
• 5+ years of experience with progressively increasing responsibility in application management or product owner
• Understanding of financial services industry, sales & services processes, and industry knowledge of key platforms used to deliver the advisor/client experience
• Understanding of securities-based lending products and services
• 2+ years successful prior project management or business analyst experience
• Possess knowledge of the wealth management / asset management industry and/or operations
• Experience working in a financial service setting and a FINRA Series 7 or 99 (or ability to acquire within 90 days)
• The Senior Capability Owner must have a deep understanding of compliance and regulatory requirements in Wealth Management including strategy and processes, operational efficiencies, audits, supporting technology and data integrations. 

Nice-to-have

• Ability to impact and influence Senior Leaders, Client-facing professionals and functional partners (e.g., Ops, Tech, Compliance, Legal, Finance) in a highly complex, matrixed, global environment
• Proven excellence in client service including timely and effective problem resolution
• Results oriented- executing goals within timelines and at acceptable risk levels
• High caliber of skill influencing, negotiating and presentation skills

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 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
• Flexible work/life balance options
• Opportunities to do challenging work
• Opportunities to take on progressively greater accountabilities   
• Access to a variety of job opportunities across business WMUS

The good-faith expected salary range for the above position is $85-150K 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:

·       Drives RBC’s high performance culture

·       Enables collective achievement of our strategic goals

·       Generates sustainable shareholder returns and above market shareholder value

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Job Skills

Business Oriented, Communication, Critical Thinking, Cross-Team Collaboration, Customer Relationship Management (CRM), Data Gathering Analysis, Information Technology (IT) Projects, Long Term Planning, Process Management

Additional Job Details

250 NICOLLET MALL:MINNEAPOLISMinneapolisUnited States of America40Full timeWEALTH MANAGEMENTRegularSalaried2024-12-182025-03-28

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above