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About the Role

RBC Borealis is seeking an experienced Principal Product Manager to lead the development of next-generation AI products for Personal Banking. This role involves translating advanced AI models from research into production-ready solutions, collaborating with AI experts, and driving responsible AI adoption within a regulated financial environment.

Responsibilities

• Define AI Product Strategy and Roadmap: Shape the vision for AI-driven products aligned with business priorities and translate that vision into a clear, executable roadmap.
• Bridge Research and Production: Collaborate closely with machine learning researchers and engineers to transition cutting-edge AI models into scalable, production-ready solutions that deliver real business value.
• Drive Responsible AI and Governance: Ensure all AI products meet standards for fairness, transparency, explainability, and regulatory compliance.
• Lead Cross-Functional Execution: Coordinate across research, engineering, design, risk, and business stakeholders to deliver end-to-end AI products, from ideation to deployment and iteration.
• Measure Impact and Optimize Performance: Define success metrics (e.g., model performance, business KPIs, user adoption) and continuously improve products using experimentation, monitoring, and feedback loops.

Requirements

• Bachelor's or Master’s degree in Computer Science, Engineering, or a related technical field (MBA or advance degree is a plus)
• 5+ years of product management experience, with a focus on AI/ML-powered products from ideation through production and continuous iteration
• Strong understanding of machine learning concepts (e.g., model lifecycle, evaluation metrics, data dependencies) without needing to be hands-on coding daily
• Ability to translate complex technical concepts into clear business value and actionable product requirements
• Experience working in highly regulated environments, with a focus on responsible AI, governance, and compliance
• Demonstrated success leading cross-functional teams across research, engineering, data science, and business stakeholders
• A data-driven mindset with a track record of defining KPIs, running experiments, and using insights to drive product decisions
• Exceptional communication, presentation, and interpersonal skills, with experience managing senior stakeholders and delivering executive-level presentations

Skills

• Communication
• Critical Thinking
• Effectiveness Measurement
• Financial Regulation
• Interpersonal Relationship Management
• Long Term Planning
• Product Development Lifecycle
• Product Development Methodology
• Product Services
• Results-Oriented
• Waterfall Model

Location

• Toronto, Canada

Work Type

• Full time

Experience Level

• 5+ years of product management experience

Education Level

• Bachelor's or Master’s degree in Computer Science, Engineering, or a related technical field
• MBA or advance degree is a plus

Benefits

• Bonuses
• Flexible benefits
• Competitive compensation
• Commissions
• Stock options where applicable

About the Company

• RBC Borealis is the driving force behind Royal Bank of Canada’s AI and data innovation.
• As part of Canada’s largest financial institution, we bring together a team of architects, engineers, scientists, and product experts on a mission to revolutionize finance through world-class research, solutions, and a resilient data platform.
• With locations across Toronto, Waterloo, Montreal, Calgary, and Vancouver, we’re at the forefront of AI research and platform development.
• With a focus on cutting-edge research in areas like time series forecasting, causal machine learning, and responsible AI, we are seamlessly integrating AI research and data engineering, to solve critical challenges in the financial industry.
• We are building intelligent, and scalable, data-driven solutions that will help communities thrive and drive innovation for our customers across the bank.

Equal Opportunity

• RBC is an equal opportunity employer committed to diversity and inclusion.
• We are pleased to consider all qualified applicants for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veterans status, Aboriginal/Native American status or any other legally-protected factors.
• Disability-related accommodations during the application process are available upon request.