Director - Digital Trading

Rbc Capital Markets
Minneapolis, MN, United States
24 days ago

Role details

Contract type
Permanent contract
Employment type
Full-time (> 32 hours)
Experience level
Expert
Experience required
5 years minimum
Compensation
$140,000.0 - $230,000.0
Working hours
Regular working hours

Tech stack

Algorithmic Trading Data Analysis

Job description

The Director - Digital Trading provides strategic leadership and oversight of digital product initiatives within RBC US Wealth Management. They manage a team of Product Owners, align product strategy with core brokerage and trading objectives, and drive innovation across the digital client experience for our portfolio management and trading tools. This role focuses on trading systems including advisor order entry, order processing and execution systems. You’ll work with vendors and internal development partners to ensure the best overall experience for our clients and advisors., * Define digital product strategy for trading platforms, portfolio analytics, risk management, and execution systems

  • Establish roadmaps aligned with business goals and client needs
  • Identify opportunities in algorithmic trading, analytics, and workflow automation
  • Ensure regulatory compliance across all initiatives

Team Leadership

  • Hire, mentor, and develop Product Owners
  • Coach on product strategy, regulatory requirements, and capital markets best practices
  • Set performance expectations and foster cross-functional collaboration

Portfolio & Financial Management

  • Oversee product performance and ROI across the trading and portfolio management portfolio
  • Manage budget allocation and prioritize investments
  • Monitor trading volumes, execution quality, and client retention metrics

Stakeholder Engagement & Cross-Functional Leadership

  • Manage relationships with traders, portfolio managers, clients, compliance, and risk teams
  • Represent the product function in regulatory discussions
  • Act as ā€œthe glueā€ between vertical silos within project teams - including operations, risk/compliance and other technology delivery teams
  • Partner across business, tech, design, research, communications, training, compliance, legal, and risk functions
  • Enable partners by equipping communications/training teams with data, digital messaging, and timely updates
  • Provide regular visibility and updates to senior leadership on project status and releases

Product Development & User Engagement

  • Lead user engagement through pilot management, research, and feedback collection
  • Align product teams with user experience and increase speed to delivery through agile ways of working
  • Conduct user research, design solutions, and iterate through agile cycles (Research Design Build Pilot)
  • Own end-to-end requirements
  • Move from fragmented digital environments to deliver cohesive user experiences across advisor-facing, branch-facing, and client-facing platforms

Requirements

  • 12+ years of product management experience in financial services in money movement
  • 5+ years leading product management teams
  • Proven track record of scaling digital products in highly regulated banking environments
  • Strong understanding of banking industry, deposit products, credit products, and lending operations
  • Experience navigating regulatory compliance, risk management, and consumer protection in financial services
  • Excellent strategic thinking and executive communication abilities
  • Deep knowledge of agile and digital product development methodologies

Benefits & conditions

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
  • A world-class training program in financial services
  • Flexible work/life balance options
  • Opportunities to do challenging work

The good-faith expected salary range for the above position is $140,000- $230,000 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

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

About the company

At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One RBC. 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.

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