About this opportunity
RBC Capital Markets, LLC lists this Director, FX and Money Markets Operations Product Owner - COO Group opportunity in new york, New York. Review the employer’s description below for duties, qualifications and application requirements.
Job description
Job Description
What is the opportunity?
Royal Bank of Canada is seeking an experienced Director-level professional to serve as Product Owner for FX and Money Markets Operations. This strategic role leverages significant domain knowledge of FX markets, trading workflows, and post-trade processes to shape RBC's operations in this key business line. You will oversee the development and management of our client-facing FX platform, translate operational needs into technical solutions, and ensure regulatory and operational compliance. This position drives operational efficiency, automation, and settlement risk mitigation while collaborating with front-office stakeholders to ensure operational readiness for ongoing industry transformation and evolving regulatory environments. This is an exceptional opportunity to make a lasting impact on one of RBC's most critical business functions.
What will you do?
Drive a modern FX and Money Markets global operations platform and manage the product backlog; collaborate across teams to implement features supporting trade lifecycle, risk mitigation, and compliance
Develop and implement efficient processes aligned with industry best practices and regulatory requirements; design solutions optimizing FX and Money Markets processing across multiple venues and asset types
Establish and track key performance indicators and service level agreements for settlement volumes, cycle times, exception rates, and operational efficiency gains; conduct regular process reviews and root cause analysis of settlement failures
Assess emerging technologies (AI, blockchain, real-time settlement capabilities) for potential adoption and support platform enhancements, system migration, and regulatory audits
Collaborate with internal departments (front-office, middle-office risk, compliance) to streamline FX and Money Markets processes; serve as escalation point for complex problems and client inquiries
Build and manage relationships with external infrastructure providers (CLS Net, DTCC, counterparties); deliver monthly and ad-hoc reporting on settlement metrics, operational risks, and regulatory compliance
Stay updated on industry regulations and regulatory developments across all jurisdictions; ensure compliance with company policies and regulatory requirements related to settlements; manage regulatory examinations and audits
Serve as subject matter expert on FX and Money Markets operations processes; advise front-office, risk, compliance, and technology teams; lead strategic projects such as FX Modernization readiness and settlement infrastructure upgrades.
What do you need to succeed?
Must-have:
Minimum 10-15 years of progressive experience in capital markets operations, with substantive exposure to FX and Money Markets operations
Proven track record leading operational transformation initiatives, including process redesign and change management
Strong understanding of trade settlement, clearing mechanics, payments, regulatory frameworks (including post-trade regulatory regimes), and operational risk management across multiple jurisdictions
Demonstrated experience navigating technology transitions and managing operational readiness for significant market infrastructure changes
Exceptional leadership and communication skills with ability to collaborate effectively across large, diverse, matrixed teams; proven ability to translate complex operational matters for senior leadership and regulators.
Nice-to-have:
MBA or equivalent advanced degree in Finance, Business Administration, or related field
FINRA Series 99 certification
Prior experience in operational governance roles and exposure to regulatory examinations with demonstrated ability to manage remediation initiatives
Experience with operational resilience testing, business continuity planning in settlement environments, or leading strategy on major market infrastructure transitions
Familiarity with workflow automation, exception management systems, and emerging technologies in back-office operations
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 $180,000 - 250,000, 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 shareholder value
Job Skills
Adaptability, Critical Thinking, Customer Service, Detail-Oriented, Financial Engineering, Financial Statement Analysis, Investments Analysis, Personal Development, Personal Initiative, Teamwork
Additional Job Details
Address: BROOKFIELD PLACE FKA 3 WORLD FINANCIAL CENTER, 200 VESEY STREET:NEW YORK
City: New York
Country: United States of America
Work hours/week: 40
Employment Type: Full time
Platform: CAPITAL MARKETS
Job Type: Regular
Pay Type: Salaried
Posted Date:
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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Worksite address
new york, NY, 10261, US
Who can apply
Review the original listing for work authorization, qualifications and employer requirements.