Product Head – Payments / Transactions Data Owner

Posted 14 Hours Ago
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Jersey City, NJ
210K-250K Annually
0 Years Experience
Fintech • Insurance
The Role
The Product Head for Payments will lead the design and development of data strategies for payment products, ensuring structured data flows into the USCM data repository. Responsibilities include developing data models, managing data quality, collaborating with product teams, and supporting sales teams with client-specific payment solutions.
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Job Summary

Job Description

What is the Opportunity?

The role will lead the strategy, design, and development of the data journey, business specific - contextual & logical data model for all payment products to ensure provisioning of structured and clean data to the USCM data repository. The role will partner closely with all product & technology teams involved in the supply chain of Payments data and with the Data product & technology teams to facilitate seamless data flow that helps the Data teams to ensure the right downstream data handoffs and reporting. The position will have full accountability for data quality being provisioned to the data repository. This role will also work closely with key stakeholders in the client facing teams to understand specific data needs of clients to help in solutioning payment deals.

What will you do?

Your main responsibilities will include:

  • Develop product strategy, roadmap and design to create appropriate data models, required quality checks and data journey for all end-to-end payment flows.
  • Ensure strategy aligns with organization and department goals as well as supports client experience and needs.
  • Obtain buy-in and support from various key stakeholders – including senior management, partners, and committees.
  • Be fully responsible for managing and remediating all logical models, critical data elements and data quality for all Payment data.
  • Collaborate with other product teams in assisting in setting up data journeys and accountability in their product domains.
  • Support sales teams in deal solutioning to ensure data flows are correctly identified and transformed to provide a seamless end-to-end experience.

What do you need to succeed?

To be successful in this role, you will need:

Knowledge

  • Broad cash management and international treasury
  • Understanding of management, modeling, transforming and provisioning of transaction data to deliver seamless client experience.
  • Understanding of different payment rails/capabilities/ File capabilities / FX
  • Relevant Banking regulations regarding cash management, especially payments.

Skills

  • Strong leadership skills and proven record of leading cross-functional teams
  • Strong collaboration skills and ability to engage business partners (i.e. risk, compliance, technology) and navigate a highly matrixed environment.
  • Effective and concise communicator at all levels, both verbal and written

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, commissions, and stock where applicable

  • 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 building close relationships with clients

The good-faith expected salary range for the above position is $210,000 - $250,000 depending on factors including but not limited to the candidate’s experience, skills, registration status; market conditions; and business needs. This salary range does not include other elements of total compensation, including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions; health, dental, vision, life and disability insurance; and paid time-off plan.

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

Communication, Critical Thinking, Effectiveness Measurement, Financial Regulation, Interpersonal Relationship Management, Long Term Planning, Product Development Lifecycle, Product Development Methodology, Product Services, Results-Oriented, Waterfall Project Management

Additional Job Details

Address:

GOLDMAN SACHS TOWER, 30 HUDSON STREET:JERSEY CITY

City:

Jersey City

Country:

United States of America

Work hours/week:

40

Employment Type:

Full time

Platform:

CAPITAL MARKETS

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2024-09-25

Application Deadline:

Inclusion 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.
​​​​​​​
We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.

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The Company
Minneapolis, MN
88,000 Employees
On-site Workplace

What We Do

Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 88,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada’s biggest bank, and one of the largest in the world based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our 17 million clients in Canada, the U.S. and 27 other countries. Learn more at rbc.com.‎

We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities.

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