Senior Payments Product Manager

The Senior Product Manager – Payment Domain Expert will be responsible for helping define and deliver on the product strategy for the end to end digital process and tooling for the US Cash Management business. We have a unique opportunity at RBC to build the cash management business of the future from the ground up. While we are building differentiated digital experiences for clients, a key aspect of the strategic differentiation emanates from our ability to provide state of the art digital channels to give complete control to clients to manage their treasury operations.

What is the opportunity?

The Senior Payment Product Manager within RBC Capital Markets US Cash Management team will be responsible for the end to end payment products management life cycle, including contributing to payments product strategy, establishing multi-years product roadmaps and its execution via client solution oriented delivery structure. We have a unique opportunity at RBC to build the cash management business of the future from the ground up. Seamless and frictionless money movement experience underpins the foundation of the core business.

What will you do?

• Contribute to establishing the vision and the road map for RBC Clear’s payment products including Fedwire, SWIFT, ACH, Checks, RTP and cross currency (FX) payment
• Champion differentiating client experiences and product innovation to drive adoption of RBC Clear payment products
• Subject matter expert in end to end payment processing for high value and/or low value payment rails
• Act as the voice of the client in all aspect of product management life cycle, including but not limited to drafting, grooming and prioritizing end to end EPICs and user stories, drafting business process flow, supporting FUT, SIT and UAT and performing GTM tasks along with other functions within RBC.
• Participate clients discussion and advise client solution related to payment products
• Collaborate with other product domains (such as client channel, liquidity, FX and data) in RBC Clear to drive end to end design and experience of payment clients experience
• Collaborate with cross divisional teams such as operations, legal, compliance and risk where required to progress the product development and product launch.
• Contribute to the Go-to-Market readiness for product roll outs, such as providing training and support to teams in Operations, Client Services, Sales and other functional areas
• Stay current or participate industry forum where required such as AFP and / or Nacha conference (remote or in person) to gain industry and client insight and support of future and emerging products development.

What do you need to succeed?

• 10+ years of experience working in financial industry, preferably Cash Management or Transaction Banking
• 5+ years of in depth domain knowledge in payment products such as Fedwire, ACH and checks
• 3+ years of experience in hand on agile development in a product owner role, including creating user stories, backlog refinement.
• Strong Product Management background – adept in Human Centered Design, strong understanding of technical concepts and strong business acumen
• Strong knowledge in developing client facing channels such as Host to Host connections, API integrations, SWIFT enablements and industry standard formats like ISO XML, and NACHA.
• Client centric and innovative mindset in product design.
• Familiar with legal and compliance obligation related to payment processing
• Ability to work with JIRA in agile squad structure.
• Ability to produce business process flows
• Ability to listen and engage stakeholders and effectively align others around a common goal

• Must be a team player who works well with technical and non-technical resources.

• A good understanding of innovative technologies and current technology trends
• Working knowledge in the pricing strategy for payment product in the industry
• Startup mindset (comfortable with quick pace, quick change, ambiguities)
• Strong organizational skills
• A "can do" attitude.
• Good oral and written communication skills and the ability to clearly articulate to all stakeholders including clients
• Must be able to see tasks through to completion without significant guidance.

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 bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable
• Leaders who support your development through coaching and managing opportunities
• Ability to make a difference and lasting impact
• Work in a dynamic, collaborative, progressive, and high-performing team
• Opportunities to do challenging work
• Opportunities to building close relationships with clients

The expected salary range for this particular position is $180,000-$200,000 , depending on your experience, skills, and registration status, market conditions and business needs. You have the potential to earn more through RBC’s discretionary variable compensation program which gives you an opportunity to increase your total compensation, provided the business meets its performance targets and you meet your individual goals.

RBC’s compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that:

• Drives RBC’s high-performance culture
• Enables collective achievement of our strategic goals
• Generates sustainable shareholder returns and above market shareholder value

Job Skills

Agile Product Development, Agile Product Development, Business, Cash Management, Communication, Customer Service, Customer Success, Decision Making, Group Problem Solving, International Payments, Leadership, Long Term Planning, Payment Applications, Payment Handling, Payment Integration, Payment Operations, Payment Processing Software, Payment Services, Payments Industry, Payments Management, Payments Strategy, Payment Systems, SWIFT Payments, Teamwork, Time Management {+ 1 more}

Additional Job Details

GOLDMAN SACHS TOWER, 30 HUDSON STREET:JERSEY CITYJersey CityUnited States of America40Full timeCAPITAL MARKETSRegularSalaried2025-02-25

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