Senior Digital Product Owner - Banking

What is the opportunity?
The Sr. Product Owner - Banking/Cash Management provides strategic leadership over digital product initiatives in RBC's Banking & Lending business within US Wealth Management. This role drives the product strategy, innovation, and delivery of cash management solutions—including Bill Pay, Money Movement (ACH/Wires), checking accounts, and debit cards to strengthen our platform and client experience.

Job Description
The Sr. Product Owner - Banking/Cash Management provides strategic leadership over digital product initiatives in RBC's Banking & Lending business within US Wealth Management. This role drives the product strategy, innovation, and delivery of cash management solutions—including Bill Pay, Money Movement (ACH/Wires), checking accounts, and debit cards to strengthen our platform and client experience.

What will you do?
Strategic Leadership

Define digital product strategy for banking products, including cash management accounts, money movement, and checking/debit card services

Establish product roadmaps aligned with lending business goals and customer needs

Identify market opportunities and competitive gaps in banking and cash management products

Drive innovation in customer-facing and internal platform experiences

Ensure compliance with banking regulations, anti-money laundering (AML), and consumer protection frameworks

Team Leadership & Development

Coach cross-functional teams on product strategy, regulatory requirements, and banking industry best practices

Foster collaboration between product, compliance, risk, fraud prevention, and business teams

Portfolio & Financial Management

Oversee banking product portfolio performance and ROI

Manage budget for technology used for banking products

Prioritize investments based on customer value, revenue impact, and strategic fit

Present business cases to secure funding for digital transformation and product innovation

Monitor product profitability, cost structures, and operational efficiency

Stakeholder & Executive Engagement

Communicate product performance, market insights, and competitive positioning to Banking & Lending leadership

Manage relationships with key stakeholders including Banking/Lending Product team, vendors, IT/App Dev partners, compliance, and risk teams

Communicate product vision and roadmap across the organization

Represent product function in regulatory and strategic business discussions

Ensure alignment with RBC's broader digital and lending strategy

Process & Governance

Establish product management frameworks aligned with banking regulations and RBC governance standards

Implement decision-making structures for product launches and feature prioritization

Ensure compliance with federal banking regulations, consumer protection laws, and fair lending requirements

Drive continuous improvement in product development processes while maintaining security and data privacy standards

Coordinate with Security, Compliance, Risk, and Fraud Prevention teams on product initiatives

Support product documentation and audit requirements

What do you need to succeed?
Must-have

Bachelor’s degree, preferably in business, finance or technology

7+ years of product management experience in financial services (banking, lending, or consumer finance)

5+ years leading product management teams

Proven track record of scaling digital products in highly regulated banking environments

Strong understanding of banking industry and lending operations

Experience navigating regulatory compliance, risk management, and consumer protection in financial services

Excellent strategic thinking and executive communication abilities
Deep knowledge of agile and digital product development methodologies

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 $100,000-170,000, 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 your 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 share.

Job Skills
Agile Methodology, Business Case Design, Business Oriented, Communication, Decision Making, Long Term Planning, Process Management, Software Product Management, Software Quality Assurance (SQA), Time Management

Additional Job Details
Address
250 NICOLLET MALL:MINNEAPOLIS

City
Minneapolis

Country
United States of America

Work hours/week
40

Employment Type
Full time

Platform
WEALTH MANAGEMENT

Job Type
Regular

Pay Type
Salaried

Posted Date
2026-09-03

Application Deadline
2026-09-28

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.

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