What is the opportunity?

We are seeking a strong Portfolio Manager to join our team and drive exceptional project delivery across our portfolio. In this role, you will identify at-risk initiatives early, work hands-on with Project Managers to improve project health, and restore troubled projects. As a dynamic leader, you will bring order and positive energy to our organization, fostering a culture of accountability and continuous improvement. You will oversee portfolio health, strategic alignment, and financial performance while mentoring Project Managers to build organizational capability and resilience.

What will you do?

Project Support & Risk Recovery

• Collaborate with Project Managers across the portfolio to monitor project health and identify at-risk initiatives early, taking a proactive approach to risk mitigation.
• Partner directly with project teams to diagnose root causes of delays, scope creep, and resource constraints, demonstrating hands-on leadership and problem-solving expertise.
• Co-create action plans with Project Managers to restore troubled projects to health, driving accountability and positive outcomes.
• Mentor and support Project Managers with passion and commitment, sharing best practices in risk mitigation, delivery execution, and leadership excellence to strengthen organizational capability.
• Model and promote a culture of transparency, collaboration, and continuous improvement across all project teams.

Financial & Budget Management

• Monitor and manage the aggregate financial performance and budget of the entire portfolio with precision and foresight.
• Track expenditures against forecasts and ensure capital is deployed efficiently and strategically across all initiatives.
• Identify budget variances, overruns, or funding gaps early and take decisive corrective action.
• Escalate unbalanced budgets or severe financial risks to executive stakeholders with clear, actionable recommendations.

Portfolio Governance & Reporting

• Implement and maintain a standard, transparent view of portfolio status, risks, and dependencies using enterprise tools.
• Prepare compelling portfolio health and financial reports for senior leadership that drive informed decision-making.
• Ensure all projects remain aligned with organizational goals and strategic priorities throughout their lifecycle.
• Foster cross-functional collaboration and knowledge-sharing to elevate overall project delivery standards.

What do you need to succeed?

Must have’s

• Experience: 7+ years in project or portfolio management with a demonstrated track record of successfully turning around troubled projects and delivering results under pressure.
• Business Acumen: 5+ years of experience in Capital Markets with strong understanding of operational processes and ability to navigate complex stakeholder environments.
• Financial Acumen: Proven expertise in budget tracking, cost forecasting, variance analysis, and financial risk management.
• Leadership: Exceptional ability to coach, mentor, and inspire Project Managers without direct line authority, fostering a high-performance culture.
• Communication: Exceptional stakeholder management, conflict resolution, and escalation skills with the ability to influence at all organizational levels.

Nice to Have’s

• Certifications: PMP preferred.

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.

• A comprehensive Total Rewards Program including performance-based bonuses, flexible benefits, competitive compensation packages.
• Leaders who prioritize development and provide opportunities for accelerated career growth.
• Work in a dynamic, collaborative, progressive, and high-performing team.
• Ability to make a difference and lasting impact.

Job Skills

Additional Job Details

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

Our Employment Opportunities

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.

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.