The first question I would ask is: where is the working RGB color profile used in RT, and why going from ProPhoto to BruceRGB changes not only the saturated reds in the nose, but also the overall tint in the image?
Comparing your images, the BruceRGB version looks warmer in general (see for example the greyish dress of the lady in the background, which is shurely within the gamut of both colorspaces). IMHO, this should not happen in a color managed workflow…
BruceRGB reproduces the same colors as ProPhoto if they fit within its gamut (although the numerical RGB values are different), and clips one or more RGB channel if the color is out-of-gamut. Please note that BruceRGB has a much smaller gamut than ProPhoto, basically comparable with sRGB. So yes, it “stays away from highly saturated values” simply because they cannot be represented… however, you are not obliged to have highly saturated colors in ProPhoto.
What I would personally do is to bring the ProPhoto version into GIMP (or PhotoFlow ) and locally reduce the saturation of the area in the nose, until the colors are brought back into the gamut of your display (or of sRGB) and start looking natural again.
Most likely this is because you are making a conversion between two matrix-type ICC profiles. Such profiles do not have any perceptual intent table encoded into them, and therefore choosing “perceptual” as the rendering intent will silently fall back to “relative colorimetric” without further notice.
Hope this helps…