Director, Payments Product Development

Job Description What is the opportunity? The Payment Product Development Director will lead end-to-end product development for RBC Capital Markets' cash management and payment solutions. You will establish product vision, strategy, and roadmap while collaborating across engineering, operations, sales, legal, compliance, risk, and strategic partners to deliver innovative, best-in-class payment capabilities. Operating within an agile framework, you will drive product evolution from conception through launch and optimization. What will you do? You will lead the vision and roadmap for cash management payment products including ACH, Fedwire, and other payment rails, ensuring alignment with RBC's strategic objectives. You will own payment product development in an agile environment, translating strategy into prioritized features and user stories while managing backlog refinement and delivery cadence. Working closely with the Design team, you will establish product service design blueprints guided by a north star approach that balances innovation with user needs. You will coordinate across functional teams to ensure seamless product development and launch execution while establishing appropriate controls and validating compliance with RBC guidelines. You will lead product rollouts by developing training materials and supporting adoption across Operations, Client Services, Sales, and related functions. Additionally, you will assess emerging technologies and market trends to inform product strategy and competitive positioning. What do you need to succeed? Must-have You will have 20+ years of experience in financial services with deep expertise in cash management or transaction banking, combined with 15+ years of specialized knowledge in payment products, wire processing operations, and payment rails. You will bring 7+ years of hands-on experience in agile product ownership, including proficiency in creating user stories, backlog refinement, and sprint execution. Technical competencies include expertise in ISO and MT/MX payment standards; working knowledge of digital channels (host-to-host, APIs, SWIFT, and TMS/ERP integration); and familiarity with payment product pricing strategies. You will possess a solid understanding of emerging technologies and current industry trends, combined with working knowledge of legal and compliance obligations in payments. JIRA fluency and the ability to produce business process maps are essential. Nice-to-have You will be a collaborative team player who works effectively with both technical and non-technical stakeholders, comfortable navigating ambiguity and rapid change with a startup mentality. You will show initiative, drive tasks to completion with minimal guidance, and embody a "can do" attitude. CTP certification is preferred but not required. Beyond technical skills, you will demonstrate a client-centric mindset in product design, strong organizational abilities, and excellent oral and written communication skills. 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 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 $200,000-$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 yr 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 5,000 Job Skills Adaptability, Critical Thinking, Customer Service, Detail-Oriented, Financial Engineering, Financial Statement Analysis, Investments Analysis, Personal Development, Personal Initiative, Teamwork 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: 2026-07-01 Application Deadline: 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. Join our Talent Community Stay 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. Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 84,000+ employees who bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada’s biggest bank, and one of the largest in the world based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to more than 16 million clients in Canada, the U.S. and 34 other countries. Learn more at rbc.com.‎ We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at rbc.com/community-social-impact.