Company: Royal Bank of Canada

Location: Toronto, ON

Expected salary:

Job date: Sun, 13 Apr 2025 04:17:44 GMT

Job description: Job SummaryJob DescriptionWhat is the opportunity?RBC Cards is one of the leading credit card businesses in Canada and is a strong contributor to RBC’s overall Canadian Banking revenues and profits. The business has grown tremendously in the last five years, driven by our strong suite of Credit Card products and innovative strategy.The successful candidate for this role will be tasked with development and implementation of business strategies for RBC’s lending cards. As the Senior Manager, Cards Lending Product you will partner with various product, risk, modeling and marketing teams, be accountable for the successful execution and integration of business strategies across multiple key stakeholders and be responsible for enhancing shareholder value creation. Specifically, you will contribute to the broader Cards business objectives and results by analyzing credit strategies and supporting model development that align with our product development goals.What will you do?Lead all stages of the product development and management lifecycle and/or support development and implementation of key initiativesSupport underwriting model development to improve new acquisition adjudication by partnering with Borealis (AI data science team) and credit strategistsPartner with credit risk to optimize our credit strategies to align with our business objectives and drive growth in balances and acquisitionsCollaborate with cross-functional teams, including credit risk, AI modeling, marketing, marketing analytics, product, and acquisition to implement strategiesDevelop and implement a new onboarding curriculum to improve digital engagement with RBC’s digital tools and retention while also encouraging positive client behaviours earlyIdentify opportunities for accelerating market share, share of wallet, client engagement & retention, balance growth while meeting our business financial & market share objectivesMonitor and report on strategy effectiveness and KPI outcomes relative to expectations, identify insights on new opportunities, and preparing executive level presentations.What do you need to succeed?Must have:Prior marketing or acquisition experience leading complex financial products or credit strategy or risk modeling development experienceExperience in using data to drive decisionsStrategic Mindset – ability to think strategically, integrate information from multiple sources and synthesize complex issuesStrong ability to achieve results in the context of complexity and ambiguityHighly organized with ability to multitask and shift prioritiesExcellent critical thinking skills with ability to resolve issues through innovative solutionsWell-developed interpersonal and influencing skills to build and maintain effective working relationships and elicit cooperation from internal partnersExcellent communication skills, including ability to prepare content for senior executivesProficient in MS Excel, MS Word, PowerPointNice to have:Prior Cards experience or working knowledge of Cards products – understanding of key credit card business drivers and operationsProficient in SQL/SAS/PythonWhat’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.Ability to make a difference and lasting impactWork in a dynamic, collaborative, progressive, and high-performing teamOpportunities to do challenging workJob Skills Communication, Critical Thinking, Group Problem Solving, Knowledge Organization, Long Term Planning, Product Development Lifecycle, Product Manufacturing, Product Services, Product Testing, Waterfall ModelAdditional Job DetailsAddress: RBC WATERPARK PLACE, 88 QUEENS QUAY W:TORONTOCity: TORONTOCountry: CanadaWork hours/week: 37.5Employment Type: Full timePlatform: PERSONAL & COMMERCIAL BANKINGJob Type: RegularPay Type: SalariedPosted Date: 2025-04-11Application Deadline: 2025-04-25Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date aboveInclusion and Equal Opportunity EmploymentAt 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.Join our Talent CommunityStay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at .

The job opportunity is for a Senior Manager, Cards Lending Product at RBC Cards in Canada. The successful candidate will develop and implement business strategies for lending cards, work with various teams to analyze credit strategies and support model development. The role involves leading product development initiatives, optimizing credit strategies, and collaborating with cross-functional teams. The ideal candidate must have prior marketing or acquisition experience, strong analytical skills, and proficiency in Excel and other tools. RBC offers a dynamic and collaborative work environment with opportunities for growth and impact. Applications are accepted until the deadline specified. RBC promotes an inclusive workplace that values diversity and equal opportunity. Interested individuals can join the Talent Community to stay updated on job opportunities at RBC.