Senior Product Manager - Emerging Payments

What is the opportunity?
Join RBC’s Cash Management Solutions team as a Senior Product Manager, Emerging Payments, where you’ll lead the strategic development and day-to-day operations of innovative commercial payment products. This role focuses on driving growth, enhancing client value, and ensuring compliance across emerging payment solutions like Interac, Real Time Rail, and Online Tax Filing. Collaborate with cross-functional teams to optimize product performance, manage risks, and deliver seamless experiences for RBC’s diverse business clients.

What will you do?

• Lead end-to-end product lifecycle management for emerging payment products, including strategy, development, and optimization.
• Partner with sales and operations to support client acquisition, retention, and operational efficiency.
• Monitor KPIs, market trends, and competitive benchmarks to inform product enhancements.
• Ensure compliance with regulatory requirements (e.g., AML, cross-border regulations) and maintain risk assessments (RTA’s).
• Manage third-party supplier relationships to improve product delivery and client satisfaction.
• Develop strategies to expand the product line and align with RBC’s broader business goals.
• Collaborate with internal and external stakeholders to streamline processes, reduce errors, and enhance service levels.
• Conduct risk mitigation analyses and implement control measures to safeguard product integrity.
• Stay ahead of industry trends in financial supply chain and cash flow solutions.
• Present insights to senior leadership to drive informed decision-making.

What do you need to succeed?

Must-have:

• 5+ years of experience in product management, cash management, or payments, preferably in banking/financial services.
• Strong understanding of payment systems, financial supply chain management, and cash flow processes.
• Proven ability to manage projects, prioritize stakeholders, and influence strategic outcomes.
• Robust analytical skills and data-driven decision-making expertise.
• Knowledge of regulatory compliance (AML, cross-border) and risk mitigation strategies.
• Excellent communication and collaboration skills.
• Bachelor’s degree in Business/Commerce or MBA.

Nice to have:

• Certifications: ICB, CTP, or AAP.
• Experience with Real Time Rail, Interac, or Online Tax Filing solutions.
• Familiarity with wholesale/commercial banking or SME client segments.
• Advanced proficiency in Excel, PowerPoint, and project management tools.

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.

• Ability to make a difference and lasting impact
• Work in a dynamic, collaborative, progressive, and high-performing team
• Opportunities to do challenging work

Job Skills

Business Case Design, Communication, Critical Thinking, Effectiveness Measurement, Financial Regulation, Interpersonal Relationship Management, Product Development Lifecycle, Product Development Methodology, Product Services, Results-Oriented, Waterfall Model

Additional Job Details

WATERPARK PLACE, 20 BAY ST:TORONTOTorontoCanada37.5Full timePERSONAL & COMMERCIAL BANKINGRegularSalaried2026-03-162026-04-06

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.