Director, FX and Money Markets Operations Product Owner - COO Group

Job DescriptionWhat is the opportunity?Royal Bank of Canada is seeking an experienced Director-level professional to serve as Product Owner for FX and Money Markets Operations. This strategic role leverages significant domain knowledge of FX markets, trading workflows, and post-trade processes to shape RBC's operations in this key business line. You will oversee the development and management of our client-facing FX platform, translate operational needs into technical solutions, and ensure regulatory and operational compliance. This position drives operational efficiency, automation, and settlement risk mitigation while collaborating with front-office stakeholders to ensure operational readiness for ongoing industry transformation and evolving regulatory environments. This is an exceptional opportunity to make a lasting impact on one of RBC's most critical business functions.What will you do?Drive a modern FX and Money Markets global operations platform and manage the product backlog; collaborate across teams to implement features supporting trade lifecycle, risk mitigation, and complianceDevelop and implement efficient processes aligned with industry best practices and regulatory requirements; design solutions optimizing FX and Money Markets processing across multiple venues and asset typesEstablish and track key performance indicators and service level agreements for settlement volumes, cycle times, exception rates, and operational efficiency gains; conduct regular process reviews and root cause analysis of settlement failuresAssess emerging technologies (AI, blockchain, real-time settlement capabilities) for potential adoption and support platform enhancements, system migration, and regulatory auditsCollaborate with internal departments (front-office, middle-office risk, compliance) to streamline FX and Money Markets processes; serve as escalation point for complex problems and client inquiriesBuild and manage relationships with external infrastructure providers (CLS Net, DTCC, counterparties); deliver monthly and ad-hoc reporting on settlement metrics, operational risks, and regulatory complianceStay updated on industry regulations and regulatory developments across all jurisdictions; ensure compliance with company policies and regulatory requirements related to settlements; manage regulatory examinations and auditsServe as subject matter expert on FX and Money Markets operations processes; advise front-office, risk, compliance, and technology teams; lead strategic projects such as FX Modernization readiness and settlement infrastructure upgrades.What do you need to succeed?Must-have:Minimum 10–15 years of progressive experience in capital markets operations, with substantive exposure to FX and Money Markets operationsProven track record leading operational transformation initiatives, including process redesign and change managementStrong understanding of trade settlement, clearing mechanics, payments, regulatory frameworks (including post-trade regulatory regimes), and operational risk management across multiple jurisdictionsDemonstrated experience navigating technology transitions and managing operational readiness for significant market infrastructure changesExceptional leadership and communication skills with ability to collaborate effectively across large, diverse, matrixed teams; proven ability to translate complex operational matters for senior leadership and regulators.Nice-to-have:MBA or equivalent advanced degree in Finance, Business Administration, or related fieldFINRA Series 99 certificationPrior experience in operational governance roles and exposure to regulatory examinations with demonstrated ability to manage remediation initiativesExperience with operational resilience testing, business continuity planning in settlement environments, or leading strategy on major market infrastructure transitionsFamiliarity with workflow automation, exception management systems, and emerging technologies in back-office operationsWhat’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 include competitive compensation and flexible benefits, such as 401(k) program with company-matching contributions, health, dental, vision, life, disability insurance, and paid-time off.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 build close relationships with clients.The expected salary range for this particular position is $180,000 - 250,000, 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 cultureEnables collective achievement of our strategic goalsGenerates sustainable shareholder returns and above market shareholder valueJob SkillsAdaptability, Critical Thinking, Customer Service, Detail-Oriented, Financial Engineering, Financial Statement Analysis, Investments Analysis, Personal Development, Personal Initiative, TeamworkAdditional Job DetailsAddress:BROOKFIELD PLACE FKA 3 WORLD FINANCIAL CENTER, 200 VESEY STREET:NEW YORKCity:New YorkCountry:United States of AmericaWork hours/week:40Employment Type:Full timePlatform:CAPITAL MARKETSJob Type:RegularPay Type:SalariedPosted Date:2026-09-18Application Deadline:Note:Applications will be accepted until 11:59 PM on the day prior to the application deadline date aboveOur Employment OpportunitiesAt 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.Join our Talent CommunityStay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.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.Job SummaryJob number: R-0000188029Date posted : 2026-09-18Profession: OperationsEmployment type: Full time