Director, Liquidity & Funding Product Owner

RBC•Jersey City, NJ

2d•$160,000 - $250,000•Onsite

About The Position

The Liquidity and Funding Product Owner is responsible for defining, prioritizing, and guiding the development of liquidity and funding management products and capabilities to maximize value and alignment with business objectives. This role sits within the Funding, Liquidity & Payment Services portfolio and reports to Product Lead, Funding, Liquidity & Payment Services. The Liquidity and Funding Product Owner translates business strategy into clear roadmaps, manages product backlogs, and ensures delivery of innovative solutions that enable global positioning and allocation of firm and client cash and collateral to support trading, underwriting, bank loans, and other financial instruments while maintaining regulatory compliance and operational excellence.

Requirements

Bachelor's degree in business, finance, technology, or equivalent experience required.
Strong knowledge of liquidity management, cash management, or banking operations preferred.
15+ years of working experience in financial operations, capital markets, or treasury management, with substantial focus on liquidity management, cash management, or funding operations.
12+ years of hands-on experience with liquidity operations, cash positioning, funding processes, or related financial management activities.
7+ years of hands-on agile development in a product owner role, including creating user stories and backlog refinement.
5–10 years of experience in product, platform, or transformation leadership.
Prior experience working in a large, geographically dispersed, matrixed organization managing global teams and regulatory compliance across multiple jurisdictions.
Understanding of software development processes, timelines, and technical constraints well enough to make informed trade-offs.
Knowledge of Agile and Scrum methodologies, including how sprints, user stories, and backlogs function.
Familiarity with product management frameworks like OKRs, user journey mapping, and competitive analysis.
In-depth knowledge of liquidity and funding operations including cash positioning, collateral allocation, cash flow forecasting, account management, and funding optimization.
Expertise in regulatory standards related to liquidity management, intraday liquidity, and cash flow forecasting.
Familiarity with payment systems, settlement processes, clearing house operations, and banking infrastructure.
Understanding of corporate standing orders, global liquidity management frameworks, and attestation policies.
Ability to produce business process maps and operational workflows.
Strong understanding of operational risk management, control frameworks, and financial governance.
Proven ability to drive automation and STP solutions while maintaining control discipline.
Ability to manage operational risk through diligent execution of robust control frameworks and ensure process controls lead to a robust operating environment.
Strong organizational skills and ability to see tasks through to completion without significant guidance.
Ability to work with relevant tools and systems in agile squad structures.
Proactive ability to assess obstacles and identify opportunities to improve overall team performance.
Strong organizational skills and ability to see tasks through to completion without significant guidance.
Ability to work with JIRA in agile squad structure.
A startup mindset—comfortable with quick pace, quick change, and ambiguities.
Strong communication and presentation skills are essential.
The ability to explain complex liquidity, funding, and cash management concepts clearly to both technical and non-technical audiences.
Excellent analytical abilities to interpret operational and financial data, identify trends, and make evidence-based decisions.
Strategic thinking to connect daily tasks to long-term business objectives while staying current on industry trends and competitive landscape dynamics.

Nice To Haves

Project Management Professional (PMP) certification a plus.
Certified Scrum Product Owner (CSPO) certification a plus.
Project Management Professional (PMP) Certified or Certified Scrum Product Owner (CSPO)

Responsibilities

Articulates the vision for liquidity and funding management capabilities spanning cash positioning, collateral allocation, cash flow forecasting, account management, payment execution, and funding optimization.
Works closely with stakeholders, customers, and leadership to understand market needs, competitive positioning, and strategic priorities.
Translates business goals into a clear roadmap for liquidity and funding functionalities and communicates this vision consistently to development teams, so everyone understands what they're building and why.
Anticipates operational risks and competitive landscape trends to develop best-in-class solutions.
Maintains the liquidity & funding product backlog—an ordered list of features, improvements, and fixes.
Writes user stories and acceptance criteria, ensuring requirements are clear and testable.
Continuously refines and reprioritizes the backlog based on business value, customer feedback, regulatory requirements, operational risk mitigation, and financial governance needs.
Balances short-term operational execution against long-term strategic transformation while considering intraday liquidity management, cash flow forecasting, and compliance with global liquidity management frameworks.
Analyzes metrics, user feedback, and usage data to inform prioritization and make evidence-based decisions.
Tracks key performance indicators including liquidity adequacy, funding costs, settlement efficiency, manual processing touchpoints, and operational risk events.
Validates hypotheses through releases and champions a culture of continuous improvement in liquidity management and operational effectiveness.
Ensures products comply with relevant regulatory standards and support contributions to liquidity crisis management frameworks.
Oversees onboarding of new products, counterparties, and clearing models without compromising controls.
Acts as the business owner for liquidity and funding platform initiatives, automation strategies, and technology migrations.
Develops and executes technology automation strategies that result in scalable and digital infrastructure while maintaining appropriate management control and compliance environments.
Partners with Technology to drive STP automation for payments, cash positions, account attestations, forecasting reports, and other key processes; reduce manual touchpoints and spreadsheet dependencies; and improve data quality, reliability, and real-time visibility.
Leads the development of strategic initiatives to create efficiencies that lower cost of services through automation, new technology, resource optimization strategies, or process reengineering approaches.
Coordinates with operations, finance, compliance, and support teams on feature launches and product rollouts.
Determines release timing, provides training and support to operations and user teams, and ensures the organization is ready to support new functionality.
Supports integration of new business initiatives by developing better solutions and achieving a cross-enterprise mindset.
Collaborates with Risk, Compliance, and Audit teams to integrate robust control frameworks into product design.
Ensures products support diligent execution of operational risk controls, including documented procedures, process maps, and internal controls that lead to a robust operating environment.
Ensures product development aligns with the RBC Combined US Operations overall liquidity management framework, Standing Order policies, industry best practices, and regulations.
Supports attestation processes and sign-off requirements in accordance with global RBC attestation policy.
Proactively leads the creation of clearly defined, robust, repeatable, and scalable solutions while driving automated STP (Straight-Through Processing) solutions to minimize risks of manual errors.
Serves as the bridge between development teams and business stakeholders across engineering, operations, finance, corporate treasury, global risk management, compliance, and front office teams.
Gathers requirements from counterparties, financial institutions, clearing houses, vendors, and internal teams while managing competing interests.
Advocates for decisions that serve the product, risk management, and business best and communicates progress, roadmap changes, and product decisions to stakeholders transparently.
Cultivates strong external relationships with clients, counterparts, CCPs, and vendors to ensure products meet market needs.
Works closely with Finance teams to ensure products enable financial planning, budgeting, and cost management while supporting liquidity and funding objectives.
Ensures products provide transparency into cash flow forecasting, both short and long term, and enable optimization strategies for excess cash positioning.
Supports cost reduction opportunities through automation and process efficiencies that do not jeopardize risk and control infrastructure or diminish service levels.
Ensures products provide reliable data for financial controls, P&L analysis, variance tracking, and resource planning.
Negotiation and conflict resolution skills to manage competing priorities and build consensus among diverse stakeholders.
Proven ability to lead cross-functional teams without direct authority.
Must be a team player who works well with technical and non-technical resources across operations, risk, compliance, legal, liquidity, treasury, and front office.
Ability to command credibility across Front Office, Risk, and regulators.