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Senior Product Manager, Cash Products

Royal Bank of CanadaCharlotte, NC
Onsite

About The Position

The Senior Product Manager for Cash Products will lead the evolution of RBC Wealth Management-US’s cash management suite. The focus of this role will be to provide high-net-worth (HNW) and ultra-high-net-worth (UHNW) clients with a seamless, "private bank" digital experience that allows clients to manage their operational cash with the same sophistication as their investment portfolios. This role will have end-to-end product responsibility for Debit Cards, Checks, and Wires, ensuring these foundational banking services are integrated into a modern, consumer-grade digital ecosystem. The incumbent of this role will bridge the gap between traditional wealth management services and cutting-edge consumer digital banking.

Requirements

  • Bachelor’s degree in finance, business or related field
  • 7+ years in Product Management, specifically within Wealth Management, Private Banking, or Consumer Digital Banking
  • Deep understanding of payment rails (ACH, Fedwire, SWIFT) and the lifecycle of debit card processing and physical/digital check issuance
  • Experience working in an Agile environment, collaborating directly with engineering teams to deploy APIs and microservices
  • A proven track record of delivering high-end digital experiences; you understand that for a wealth client, "simple" is a luxury
  • Exceptional ability to influence senior leadership (Director/MD levels) and present complex product trade-offs clearly

Responsibilities

  • Define the multi-year roadmap for operational cash at RBC Wealth Management-US, prioritizing features that reduce friction in moving and spending money
  • Benchmark RBC’s cash products against both traditional competitors and fintech disruptors to ensure a market-leading client experience
  • Advocate for "Total Wealth" visibility, ensuring clients can view and move cash across brokerage and banking accounts effortlessly
  • Lead the delivery of new banking features, specifically focusing on the modernization of Wires (domestic and international) and Digital Debit Card management (instant issuance, spend controls)
  • Own the lifecycle of Check-related services, including remote deposit capture and digital check ordering/management
  • Translate complex regulatory and compliance requirements into intuitive user stories and technical specifications
  • Partner with Consumer Digital Product teams to leverage enterprise-level banking rails while customizing the UI/UX for the specific needs of Wealth Management clients
  • Collaborate with Legal, Risk, Compliance and other key internal partners to ensure all money-movement features meet stringent anti-money laundering (AML) and "Know Your Customer" (KYC) standards
  • Work closely with Financial Advisors to gather feedback and ensure digital tools empower the advisor-client relationship
  • Define and track North Star metrics, such as Cash-to-AUM ratios, digital adoption rates for wire transfers, and debit card interchange revenue
  • Utilize client analytics to identify pain points in the money-movement funnel and iterate on the user experience

Benefits

  • competitive compensation
  • flexible benefits
  • 401(k) program with company-matching contributions
  • health, dental, vision, life, disability insurance
  • paid-time off

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