Director, Cash Network Management

**Job Summary**

Manage RBC's network of cash correspondent banks globally to support all lines of business

**What is the opportunity?**
In this role you will be responsible for establishing a cash network management function within RBC Capital Markets Global Transaction Banking (GTB) team. This new function will be responsible for ensuring that RBC has an optimized network of cash correspondent banks globally to support all lines of
business.

We are looking for a results-oriented individual with strong business acumen. To succeed, you will need to develop strong internal and external relationships, be attuned with the constantly changing payments landscape and have the ability to prioritize highest impact requests.

**What will you do?**
- Support lines of business across RBC Canada to ensure the needs of our clients related to cross
- border payments are met.
- Stay current on industry trends, including new products and services that RBC can take
- advantage of or can replicate in its home market.
- Recommend agent banks in markets where RBC requires correspondent banking services.
- Ensure RBC receives a high quality, competitively priced service from its correspondent banking
- providers.
- Responsible for ensuring that RBC only maintains SWIFT Relationships when there is a business
- rationale.
- Ensure all correspondent bank appointments are consistent with RBC’s policies including
- regulatory and compliance requirements.
- Develop a network management policy that governs the function.

**What do you need to succeed?**
**Must-have**
- Business mentality focused on results and client satisfaction.
- Proficiency in cross border payments (including SWIFT) and cash management products related
- to correspondent banking.
- Ability to navigate the organizational structure of large organizations.
- Strong communication and relationship management skills.
- Strong analytical, decision making and negotiation skills.
- 10+ years’ experience in the Financial Services sector.

**Nice-to-have**
- Experience in network management for correspondent banking services for financial institutions.

**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 including bonuses and flexible benefits, competitive compensation
- Leaders who support your development through coaching and managing opportunities
- Work in a dynamic, collaborative, progressive, and high-performing team
- Opportunities to do challenging work
- Flexible work/life balance options

**Job Skills**

Business, Business Case Design, Correspondent Banking, Critical Thinking, Cross Border Payments, Knowledge Organization, Product Development Lifecycle, Product Development Methodology, Product Manufacturing, Product Services, Product Testing, Results-Oriented, Waterfall Model

**Additional Job Details**

**Address**:
RBC CENTRE, 155 WELLINGTON ST W:TORONTO

**City**:
TORONTO

**Country**:
Canada

**Work hours/week**:
37.5

**Employment Type**:
Full time

**Platform**:
CAPITAL MARKETS

**Job Type**:
Regular

**Pay Type**:
Salaried

**Posted Date**:
2025-01-16

**Application Deadline**:
2025-01-31

**I**nclusion** and Equal Opportunity Employment**

At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.

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