Senior Manager Product Management and Development - Commercial Payables & Receivables Product
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Key skills for this role
About the Role
RBC is seeking a Senior Manager for Commercial Payables & Receivables Product to own the full lifecycle of innovative payment solutions. Requires 7+ years in commercial cash management, deep knowledge of accounts payables/receivables, and expertise in Canadian/U.
Key Skills for This Role
Responsibilities
- Establish a compelling vision, strategy, and roadmap for Payables & Receivables solutions
- Translate client needs into innovative product capabilities
- Align products with RBC’s Commercial Banking and Cash Management strategies
- Manage product lifecycle including KPIs, market/competitor analysis, and client needs
- Ensure regulatory compliance (AML, cross border) and mitigate client impact
- Monitor competitive pricing, market share, and benchmarking
- Develop product roadmaps with cross functional teams
- Own product requirements, technical design, and participate in sprint planning
- Track OKRs and ensure platform integration/client adoption
- Own product profitability, revenue targets, and KPI achievement
Requirements
- 7+ years of industry experience in commercial cash management
- Deep knowledge of accounts payables and receivables processes
- Expertise in Canadian/U.S. treasury management products
- Deep understanding of Regulatory & Compliance framework
- Ability to thrive in fast paced, high pressure environments
- Strong analytical skills
- Project management experience (Agile, change management)
- Technical acumen to collaborate with technology teams
- Proven ability to manage competing priorities and stakeholders
Full Job Posting
What is the Opportunity?
- RBC leads Canada’s Business Markets with top market share in Deposits, Foreign Exchange, and payment volumes.
- This role owns the full lifecycle of innovative payment and receivables solutions, from strategic conception through market commercialization.
What Will You Do?
- Establish a compelling vision, strategy, and roadmap that positions Payables & Receivables solutions as market leading automation platform
- Translate client needs into innovative product capabilities
- Align products with RBC’s Commercial Banking and Cash Management strategies to maximize profitability
- Manage product lifecycle (KPIs, market/competitor analysis, client needs) and collaborate with operations, sales, and leadership
- Ensure regulatory compliance (AML, cross border) and mitigate client impact
- Monitor competitive pricing, market share, and benchmarking
- Handle escalations and engage with clients/sales teams
- Develop product roadmaps with cross functional teams
- Own product requirements, technical design, participate in sprint planning, sequence and release planning
- Lead project execution, prioritize features, and define requirements/user stories
- Track OKRs and ensure platform integration/client adoption
- Create reusable frameworks for consistent outcomes
What Do You Need to Succeed?
- 7+ years of industry experience in commercial cash management
- Deep knowledge of accounts payables and receivables processes
- Expertise in Canadian/U.S. treasury management products
- Deep understanding of Regulatory & Compliance framework
- Ability to thrive in fast paced, high pressure environments with tight deadlines
- Strong analytical skills (market trends, product performance, complex data)
- Project management experience (Agile, change management)
- Technical acumen to collaborate with technology teams
- Proven ability to manage competing priorities and stakeholders
What’s in it for you?
- Ability to make a difference and lasting impact
- Work in a dynamic, collaborative, progressive, and high performing team
- Opportunities to do challenging work
- Designs new products or changes to existing products
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