RBC · 5 hours ago
Director, Practice Management & Teams
Minneapolis, Minnesota, United States of America
Full-time
Onsite
Senior Level, Lead/Staff
$140K/yr - $230K/yr
10+ years expRBC is a leading bank that emphasizes client service and community support. The Director, Practice Management & Teams will drive financial advisor productivity and development while overseeing coaching strategies and initiatives within the RBC Wealth Management US team.
BankingFinancial ServicesWealth Management
Responsibilities
Partners with RBC WM-US senior management to develop, implement and drive strategic priorities and services
Develops and executes the strategy of the practice management, teaming, and portfolio efficiency teams along with the Director, Wealth Consulting to best support field productivity, practice efficiency, and field compliance and development
Directs the overall management of the Practice Management and Portfolio Management Consultants specializing in strategies for FA team development, practice/investment management efficiencies, practice transitions and consulting with individual teams in various stages of their development
Provides strategic guidance, thought leadership, problem resolution, sales ideas and best practices to the team and to branches/complexes
Uses discernment, experience and coaching skills to proactively identify opportunities for increased effectiveness and efficiency within the target practices and develops strategies and workshops that address areas of greatest need among advisors and teams
Provides direction to team members on escalated and complex coaching engagements
Directs and leads the team’s strategies group in developing the related framework, tools and support needs for the field to ensure effective team partnerships
Proactively and continually stays abreast of marketplace trends and issues, gathered through external and internal networks. Actively monitors and reports on the competitive environment and RBC Wealth Management’s competitive position
Responsible for ensuring all firm and department procedures are adhered to and issues and/or concerns are resolved in a timely, efficient and appropriate manner
Actively promotes the profile of the group and RBC WM through internal and external industry events and media
Advocates for and represents the team in selected corporate initiatives
Mediate, facilitate and consult with advisors and teams through a process which focuses on efficiency, growth, communication and leadership
This includes, among other things, business planning, segmentation, value proposition, service models, building a brand, personal/team assessments, and effective communication
Collaborate with others in the department, field leadership, and Client Strategies Team members to identify and work with target advisors and teams
Proactively identify opportunities for increased effectiveness and efficiency within the target practices, engage team members, and provide coaching related to those specific opportunities
Direct, lead, facilitate and deliver workshops and programs for our top-tier advisors and teams
Identify areas of greatest need among advisors and teams, and develop strategies to address those needs
Collaborate with field leadership relative to team business development
Ensure activities and engagements are well-documented
Collaborates with, and influences, leaders across functions to promote the department's capabilities. This flow of information of best practices to and from the department will improve communication, idea sharing and consistency in the solutions and experience delivered
Ensures the team remains focused on a client-first culture with ethical and professional behavior that will achieve desired client satisfaction levels
Communicates and ensures that employees understand the RBC vision, as well as supports and reinforces targeted behaviors that contribute to RBC goals
Provides focus and clarity in establishing individual goals, driving performance management, supporting career development and rewarding strong performance
Exemplifies the leadership values and collective ambition focus of RBC
Identifies inherent values/strengths/benefits of team, department, and enterprise to develop better solutions and achieve a cross-enterprise mindset
Accepts and successfully executes change while supporting employees through the process and keeping them focused on business priorities
Qualification
Required
Four-year college degree
Ten or more years financial services or investment industry experience
Five-to-seven years' experience in coaching and consulting with financial advisors
Ability to lead a team of high-performing individuals
Excellent collaboration and influencing skills
Strong knowledge of and aptitude in concepts related to practice management, teams, portfolio efficiency and practice transitions
Formal credentials and study hours related to practice management theory and skills
Exceptional written and communication skills including proven presentation delivery skills, ability to actively listen and discern meaning underlying both verbal and non-verbal communications, and ability to inspire, persuade and hold others accountable
Preferred
Proven dedication to and focus on client service and satisfaction
Project management and organizational skills
Ability to direct multiple projects and tasks simultaneously with tight deadlines and competing priorities
Strong negotiation, influencing, and problem-solving skills
Excellent interpersonal skills, including the ability to work with and influence many levels within an organization
Ability to assess data related to team success metrics and help manage team travel and initiative budget
Dedicated team player, willing to collaborate where necessary to make the team successful
Proficiency with Microsoft Word, Excel, and PowerPoint
Series 7, 63 and 65 preferred
Benefits
401(k) program with company-matching contributions
Health, dental, vision, life, disability insurance
Paid-time off
Company
RBC
Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance.
10001+ employees
H1B Sponsorship
RBC has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (29)
2024 (17)
2023 (3)
2022 (4)
2021 (1)
2020 (2)
Funding
Current Stage
Public CompanyTotal Funding
$16.3B2025-10-30Post Ipo Debt· $5B
2025-09-15Post Ipo Debt· $1.35B
2025-07-10Post Ipo Debt· $177.74M
Leadership Team
Graeme Hepworth
Chief Risk Officer
Kelly Bradley
Chief Human Resources Officer
Recent News
2026-01-22
Qatar Tribune
2026-01-21
Company data provided by crunchbase