Rbc
Finance
SeniorManager,GroupRetirementProducts
Neural analysis suggests this role is
optimal for Senior candidates.
“Senior Manager, Group Retirement Products at Rbc. Skills: product management, group retirement products, P&L management, product strategies, lifecycle management, risk management. overall product management of group retirement products (Group RRSP, Group TFSA and Deferred Profit Sharing Plans). ensuring compliance with mandatory federal legislation, as well as administrative and operational effectiveness”
What You'll Achieve.
achieving revenue and NIAT targets; capture its full business, market and profitability potential; minimizing the potential impact on our clients; continually improve Client Satisfaction levels
Industry & Context.
Analytical Thinking
What They're Looking For.
Must Have
Bachelor's degree in business, commerce or related field, with broad business management insight/knowledge, 5-7 years of related experience in product management, group retirement and/or pension plan management, Extensive product management experience including managing a P&L, building and executing product strategies and lifecycle management, Knowledge of Canadian Group Retirement space including Group RRSP, Deferred Profit Sharing Plan and Group TFSA administration and regulations, Working with financial and pricing models, Demonstrated planning and execution capabilities, Experience working in a matrix and highly collaborative, team-based environment
Nice to Have
Canadian Securities course, Canadian pension certificate
What You'll Do.
overall product management of group retirement products (Group RRSP
Group TFSA and Deferred Profit Sharing Plans)
ensuring compliance with mandatory federal legislation
as well as administrative and operational effectiveness
policy and development for group retirement products
manage and/or lead assigned initiatives
manage external and internal vendor relationships
Accountable for P&L of assigned products
Ensure products align and integrate with overall Personal Savings & Investment and Group product strategies
maximize profitability through focused client value propositions
segmented target markets
and efficient sales and service processes
develop and maintain product strategies
effective management of each product through its lifecycle
end-to-end product delivery (sales/distribution channels and fulfillment) and customer-service support processes and associated costs
Build solutions and processes to ensure product line is compliant with evolving regulations
Work with internal groups and external providers to lower error rates
improve service levels and increase reliability
Ensure adequate risk control measures are implemented/maintained through life cycle
escalate the risks and/or control deficiencies
promote and encouraging effective challenge during risk discussions
Provide leadership/act as the RBC Group Retirement Product “consultant” to internal partners
Represent RBC with key suppliers
industry associations
How You'll Work.
Team & Collaboration
highly collaborative, team-based environment; Partner with Director in effective management of each product; Work with internal groups and external providers; Provide leadership/act as the RBC Group Retirement Product “consultant” to internal partners; Collaborating
Process & Methodology
Demonstrated planning and execution capabilities
Full Job Description
**_Job Description_** **What is the opportunity?** The Senior Manager, Group Retirement Products is responsible for the overall product management of group retirement products (Group RRSP, Group TFSA and Deferred Profit Sharing Plans), with a focus on ensuring compliance with mandatory federal legislation, as well as administrative and operational effectiveness. As the subject matter expert for group retirement products, you are responsible for all aspects of the product, including strategy, profitability, policy and development. You will also manage and/or lead assigned initiatives and manage external and internal vendor relationships as part of the group business. **What will you do?** * Accountable for P&L of assigned products while taking into consideration the overall business P&L * Ensure products align and integrate with overall Personal Savings & Investment and Group product strategies and maximize profitability through focused client value propositions, segmented target markets, and efficient sales and service processes * In conjunction with Product Director, develop and maintain product strategies to ensure products are competitively differentiated and continue to offer strong value propositions to our clients (based on in-depth understanding of client needs and processes) focusing on achieving revenue and NIAT targets * Partner with Director in effective management of each product through its lifecycle to capture its full business, market and profitability potential, including end-to-end product delivery (sales/distribution channels and fulfillment) and customer-service support processes and associated costs * Build solutions and processes to ensure product line is compliant with evolving regulations (industry standards, tax regulations, federal/provincial regulations, etc.) while minimizing the potential impact on our clients * Work with internal groups and external providers to lower error rates, improve service levels and increase reliability to cont
Applying for this Senior Manager, Group Retirement Products role?
Most applicants get filtered before a human reads their resume. See if yours makes the cut.
How to Apply on Workday
- Workday has a multi-step form — save your progress after every section.
- "Apply With LinkedIn" can fail or lose data; manual entry is more reliable.
- Watch for the "Submit for Review" final step — hitting "Save" alone does not submit.
- Job requisition numbers are useful when following up with HR by email.
ANONYMOUS · UNFILTERED
What do employees actually say about Rbc?
Real rants from real employees. Read before you apply.