Sr. Payments Product Manager - US Cash Management

What is the opportunity?

The Sr Payment Product Manager within RBC Capital Markets US Cash Management team will be responsible for leading the end to end ACH payment product development life cycle, including working with the product leadership to establish product vision, strategy and roadmap. Sr. Product Manager is also responsible for define, prioritize and implement payment products across all rails for the US cash management to deliver client backed digital first solutions. The Sr. product manager will operate with the agile delivery approach and work collaboratively with squads/teams across engineering, operations, sales, legal, compliance, risk and strategic vendors deliver innovative and best in class outcome.

What will you do?

• Contribute to establishing the vision and the road map for Cash Management payment products including ACH, Fedwire, Checks, RTP, cross currency (FX) payment. Acts as the voice of the client in product and workflow design, gathering direct feedback from customers on the future feature roadmap
• Participate client discussion and advise client solution related to payment products with focus on ACH. Lead ACH payment development following the strategy and roadmap in the agile delivery environment, including but not limited to drafting, grooming and prioritizing user stories backlog, business process mapping. Support FUT, SIT and UAT and production release.
• Collaborate with Design team to product service design blue print that is guided by the north star approach.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
• Evaluating processes and resources to identify potential limitations in product. Modifying designs to maximize client adoption and product quality.Stay current or participate industry forum where necessary such as AFP and Nacha conference (remote or in person) where required to gain industry and client insight and support of future and emerging products development.

What do you need to succeed?

• 10 years of working experience in financial industry, preferably Cash Management or Transaction Banking.5 years of in depth knowledge in ACH payment product and other domestic payment products such as check issuance and remote deposit.
• 3 years of experience in hand on agile development in a product owner role, including creating user stories, backlog refinement. Ability to work with JIRA in agile squad structure. Ability to product business process maps
• In depth knowledge in ISO and Nacha payment formats. Familiar with legal and compliance obligation related to Nacha guidelines and other regulations related to ACH
• Client centric and innovative mindset in product design. Must be a team player who works well with technical and non-technical resources. 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 project members and stakeholders; Must be able to see tasks through to completion without significant guidance.
• Experience in building web-based payment product; A good understanding of innovative technologies and current technology trends; Working knowledge in digital channel product knowledge such as host to host, API, SWIFT and TMS/ERP integration
• Working knowledge in the pricing strategy for payment product in the industry

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 good-faith expected salary range for the above position is $150,000-$200,000 depending on factors including but not limited to the candidate's experience, skills, registration status; market conditions; and business needs.This salary range does not include other elements of total compensation, including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions; health, dental, vision, life and disability insurance; and paid time-off plan.

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

Additional Job Details