Associate - Payments Product Manager

Job Description

The Payment Product Manager within RBC Clear team will be supporting the end-to-end Fedwire payment product development life cycle, including working with the Sr. Product Managers to establish product vision, strategy and roadmap. The Product Manager will be supporting the Domestic High Value Payments team by defining, prioritizing and implementing Fedwire functionalities across all end to end product disciplines within RBC Clear to deliver client backed digital first solutions. The Product manager will operate with the agile delivery approach and work collaboratively with 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 Fedwire and other High Value Payment Rails
• Participate in client discussion and advise client solution related to payment products with focus on Fedwire
• Actively participate for the Fedwire payment product development following the strategy and roadmap in agile delivery environment, including but not limited to story grooming and prioritizing backlog, business process mapping.
• Collaborate with Design team to product service design blue print that is guided by the north star approach
• Collaborate with cross functional 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
• Support the Risk teams for establishing controls for confirming business is following RBC Clear Compliance Guidelines and the Fed Regulations

What you will need to succeed?

• 7+ years of working experience in financial industry, preferably Cash Management or Transaction Banking
• 5+ years of in-depth knowledge in Fedwire Payment product, Wire Processing operations and other payment rails
• 3+ years of experience in hand on agile development in a product owner role, including creating user stories, backlog refinement
• Knowledge in ISO and MT/MX payment formats
• 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
• CTP certification preferred but not required
• Client centric mind set 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)
• A Payment Enthusiast keeping updated with the industry trends
• 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
• Innovative mindset
• Identify client pain points based on client interaction and create differentiating experience via product design
• Familiar with legal and compliance obligation related to Nacha guidelines and other regulations related to Fedwire
• Ability to work with JIRA in agile squad structure
• Ability to product business process maps

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 $95,000-$130,000 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

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

Address:

GOLDMAN SACHS TOWER, 30 HUDSON STREET:JERSEY CITY

City:

Jersey City

Country:

United States of America

Work hours/week:

40

Employment Type:

Full time

Platform:

CAPITAL MARKETS

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2025-09-04

Application Deadline:

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

I nclusion and Equal Opportunity Employment

At 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.