Director - Digital Lending/Products

Job DescriptionWHAT IS THE OPPORTUNITY? The Director – Digital Lending/Cash provides strategic leadership and oversight of digital product initiatives in RBC's Banking & Lending business within US Wealth Management. They manage a team of Product Owners, align product strategy with banking and lending objectives, and drive innovation across the digital client experience and lending solutions portfolio. This role focuses on the multiple lending and deposit products, including cash sweep and savings, as well as other lending products like mortgages, credit cards and specialized products such as securities-based lending and tailored lending.WHAT WILL YOU DO? Strategic LeadershipDefine digital product strategy for deposit products, credit products, and lending solutionsEstablish product roadmaps aligned with interest and lending business goals and customer needsIdentify market opportunities in alternative lending, and credit productsDrive innovation in customer-facing and internal lending platform experiencesEnsure compliance with banking regulations, anti-money laundering (AML), and consumer protection frameworksTeam Leadership & DevelopmentHire, mentor, and develop Product Owners focused on banking and lending solutionsProvide coaching on product strategy, regulatory requirements, and banking industry best practicesSet performance expectations and conduct regular evaluationsFoster collaboration between product, compliance, risk, fraud prevention, and business teamsPortfolio & Financial ManagementOversee digital banking and lending product portfolio performance and ROIManage budget allocation across deposit products, lending platforms, payment solutions, and customer toolsPrioritize investments based on customer value, revenue impact, and strategic fitPresent business cases to secure funding for digital transformation and product innovationMonitor product profitability, cost structures, and operational efficiencyStakeholder & Executive EngagementReport to Banking & Lending leadership on product performance, market trends, and competitive positioningManage relationships with key stakeholders including Banking/Lending Product team, vendors, IT/App Dev partners, compliance, and risk teamsCommunicate product vision and roadmap across the organizationRepresent product function in regulatory and strategic business discussionsEnsure alignment with RBC's broader digital and lending strategyProcess & GovernanceEstablish product management frameworks aligned with banking regulations and RBC governance standardsImplement decision-making structures for product launches and feature prioritizationEnsure compliance with federal banking regulations, consumer protection laws, and fair lending requirementsDrive continuous improvement in product development processes while maintaining security and data privacy standardsCoordinate with Security, Compliance, Risk, and Fraud Prevention teams on product initiativesSupport product documentation and audit requirementsWHAT DO YOU NEED TO SUCCEED?Must have: 12+ years of product management experience in financial services (banking, lending, or consumer finance)5+ years leading product management teamsProven track record of scaling digital products in highly regulated banking environmentsStrong understanding of banking industry, deposit products, credit products, and lending operationsExperience navigating regulatory compliance, risk management, and consumer protection in financial servicesExcellent strategic thinking and executive communication abilitiesDeep knowledge of agile and digital product development methodologiesWhat’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 applicableLeaders who support your development through coaching and managing opportunitiesAbility to make a difference and lasting impactWork in a dynamic, collaborative, progressive, and high-performing teamA world-class training program in financial servicesFlexible work/life balance optionsOpportunities to do challenging workThe 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 valueJob SkillsBusiness Case Design, Critical Thinking, Knowledge Organization, Product Development Lifecycle, Product Development Methodology, Product Manufacturing, Product Services, Product Testing, Results-Oriented, Waterfall ModelAdditional Job DetailsAddress:250 NICOLLET MALL:MINNEAPOLISCity:MinneapolisCountry:United States of AmericaWork hours/week:40Employment Type:Full timePlatform:WEALTH MANAGEMENTJob Type:RegularPay Type:SalariedPosted Date:2026-07-17Application Deadline:2026-08-28Note:Applications will be accepted until 11:59 PM on the day prior to the application deadline date aboveOur Employment OpportunitiesAt 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.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 jobs.rbc.com.RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.Job SummaryJob number: R-0000180793Date posted : 2026-07-17Profession: Strategy | Project & Program ManagementEmployment type: Full time