Senior Product Manager, Cash Products

Quick Facts

• Role: Senior Product Manager for Cash Products
• Focus: Operational cash management suite for HNW/UHNW clients in Wealth Management-US

Description

The Senior Product Manager for Cash Products will lead the evolution of RBC Wealth Management-US’s cash management suite, providing a seamless “private bank” digital experience for managing operational cash. The role has end-to-end product responsibility for Debit Cards, Checks, and Wires, integrating these foundational banking services into a modern, consumer-grade digital ecosystem. This position bridges traditional wealth management with cutting-edge consumer digital banking.

What will you do?

• 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 traditional competitors and fintech disruptors
• Advocate for “Total Wealth” visibility so clients can view and move cash across brokerage and banking accounts effortlessly
• Lead delivery of new banking features, focusing on 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 UI/UX for Wealth Management clients
• Collaborate with Legal, Risk, Compliance and other internal partners to ensure money-movement features meet AML and KYC standards
• Work with Financial Advisors to gather feedback and ensure digital tools empower the advisor-client relationship
• Define and track North Star metrics (e.g., Cash-to-AUM ratios, digital adoption rates for wire transfers, debit card interchange revenue)
• Use client analytics to identify pain points in the money-movement funnel and iterate on the user experience

What do you need to succeed?

Must-have

• Bachelor’s degree in finance, business or related field
• 7+ years in Product Management 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
• Proven track record of delivering high-end digital experiences; understands 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

Benefits

• Comprehensive Total Rewards Program with competitive compensation and flexible benefits (401(k) with company-matching, health, dental, vision, life, disability insurance, and paid-time off)
• Leaders who support development through coaching and managing opportunities
• Ability to make a difference and lasting impact
• Work in a dynamic, collaborative, progressive, high-performing team
• Opportunities to do challenging work and build close relationships with clients

Additional Job Details

• Work hours/week: 40
• Platform: Wealth Management