Director, Home Equity Financing Strategic Initiatives

Job Description

What is the opportunity?

The Home Equity Financing (HEF) business provides residential mortgages and secured lines of credit to Canadians. HEF continues to grow the overall portfolio and is the largest residential mortgage portfolio in the country. The Strategic Development team is accountable for keep pace with evolving client preferences and market dynamics by spotting new opportunities to support our overall strategic goals to drive profitable and sustainable growth. The team is responsible for identifying, assessing and executing on strategic opportunities to maintain our market lead in Home Equity Financing through innovative ways to support long term sustainable and profitable growth in a highly competitive environment.

As the Director, Strategic Initiatives you will be responsible for enabling and managing our strategic development opportunities by working with senior stakeholders, key enterprise partners and a multi-disciplinary team to achieve a bold future ambition, including supporting strategy definition, program planning, execution oversight and risk monitoring.

What will you do?

• Provide thought leadership and evaluate strategic growth opportunities for HEF

• Develop business cases to assess strategic opportunities against Home Equity Financing priorities, including developing a strong understanding of the revenue and cost drivers and financial impacts on RBC

• Oversee the ongoing execution across Strategic Initiatives and enable the governance through appropriate cadence of updates to key stakeholders and escalation of key risks and issues

• Define a multi-year roadmap and supporting key metrics to operationalize HEF Strategic Initiatives alongside key partners ensuring Initiatives and key performance metrics are well-defined, sequenced appropriately, and interdependencies are managed effectively

• Lead the execution of key work streams on the roadmap by working with other stakeholders and aligning partners and teams to the business outcomes we want to achieve

• Break-down complex topics into clear and concise messages to enable leadership discussion and effectively convey trade-offs to inform decision making are aligned on the vision and financial benefits to RBC

What do you need to succeed?

Must have:

• 5-7 years' relevant experience

• Demonstrated ability to impact and influence across multiple cross-functional stakeholders

• Proven leadership, facilitation, and collaboration – with the ability to grasp new concepts quickly

• An innovative thinker, who has high comfort with ambiguity and is proactive in determining next steps to identify opportunities and drive work forward

• Proven track record of leading complex strategy work streams end-to-end, thriving in a fast past environment and demonstrating exceptional critical thinking to drive to outcomes

• Excellent verbal and non-verbal communication skills, including experience in creating clear actionable presentations for C-level executives and leaders

• Master's in Business Administration degree

What'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 impact

• Work in a dynamic, collaborative, progressive, and high-performing team

• Opportunities to do challenging work

Job Skills

Adaptability, Commercial Acumen, Creative Visioning, Decision Making, Long Term Planning, Managerial Courage, Organizational Leadership, Organizational Savvy and Politics, Strategic Thinking

Additional Job Details

Address:

RBC WATERPARK PLACE, 88 QUEENS QUAY W:TORONTO

City:

Toronto

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

PERSONAL & COMMERCIAL BANKING

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2026-02-19

Application Deadline:

2026-03-06

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Inclusion and Equal Opportunity Employment

At 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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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.