Royal Bank of Canada

Operations Manager, Payment Operations

Royal Bank of Canada$70K — $130K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 4-year degree or equivalent, or high school diploma with 4+ years of relevant experience
  • 5+ years in Wealth Management or related fields
  • 2+ years of managerial experience leading a team
  • FINRA Securities Licensing (SIE/S99) within 120 days

Responsibilities

  • Hire, onboard, and train new team members to meet service levels
  • Provide coaching and development to promote teamwork and succession planning
  • Act as a subject matter expert on payment processes
  • Liaise with customers to resolve issues and provide service support
  • Address escalated queries and reinforce RBC goals within the team
  • Drive performance management through individual goal setting
  • Implement change and cross-departmental solutions effectively

Benefits

  • Comprehensive Total Rewards Program including bonuses and flexible benefits
  • Leadership support for development and growth opportunities
  • Ability to make a meaningful impact in the organization
  • Dynamic, collaborative, and high-performing work environment
  • Flexible work/life balance options
  • Challenging work opportunities
  • Potential for greater responsibilities over time
  • Variety of job opportunities across the business
Full Job Description
Job Description

Whatis the opportunity?

The Payment Operations Manager leads and develops a specialized team managing time-sensitive, complex, and exception-based wire transfer processing functions. This leadership role combines operational expertise with team management responsibilities, ensuring excellence in execution, regulatory compliance, and continuous process improvement across domestic and international wire services. This position manages increased operational and compliance risk through structured operational reviews, system checks, adherence to established procedures, and proactive oversight of team activities and process controls. Wire Transfer Operations is responsible for providing excellent, accurate and timely customer service to RBC Wealth Management (RBC WM) branches & complexes, Custody & Clearing, Operations and Corporate areas for supporting wire payment requests, reconciling general ledger accounts, managing bank account departmental ledgers, and supporting phone queue operations.

What will you do?
  • Hire, onboard, and train new team members. Supervise and direct time sensitive, complex and/or highly specialized daily work flows to ensure department service levels are met.
  • Provide training, coaching, recognition and development for the team members, fostering teamwork and planning for succession.
  • Serve as a subject matter expert for payment processes supported by team.
  • Liaise and provide customer service support for individuals requiring research, problem resolution, or securing information from other Operations departments, RBC Business Units, external customers or industry participants.
  • Address escalated questions independently; seeking assistance from Senior Manager or other Operations resources as appropriate. Ensure that employees understand RBC vision, as well as support and reinforce targeted behaviors that contribute to RBC goals.
  • Provide focus and clarity in establishing individual goals, driving performance management, supporting career development and rewarding strong performance.
  • Leverage the value in unit, department, and enterprise wide teams to develop better solutions and achieve a cross enterprise mindset. Accept and successfully execute change while supporting employees through the process, and keeping them focused on business priorities.
Department Oversight Support
  • Conduct payment process oversight on complex exception-based and/or highly specialized processes to ensure adherence to department procedures, risks are mitigated, and regulatory requirements are met.
  • Review exceptions to standard payment processing to ensure overall compliance with regulations, firm policies, and accepted business practices.
  • Accurately review, verify, and/or record data into technology supporting department processes. Provide support with department volume metrics, staffing models, financial forecasts, and budgets as required.
Process Improvement
  • Reduce risk, increase efficiencies, or enrich customer service by suggesting process changes and/or system modifications.

  • Participate in business requirement development, UAT testing, end-user training, and implementation support for enhancements and new firm initiatives for changing technology systems supporting department processes.


Training and Documentation
  • Develop and provide ongoing training support for team members related to the department's processes and systems. Provide feedback to department leadership team when appropriate.
  • Develop and maintain department procedures.
  • Ensure team members are aware of any new system functionality changes and document modifications.


What do you need to succeed?

Must-have
  • 4-year degree from an accredited university (or equivalent). Or High school diploma (or equivalent) and 4+ years of job-related experience.
  • 5+ years of Wealth Management, securities, banking, technology and/or job specific industry experience
  • 2+ years demonstrated and sound managerial experience leading and managing a team
  • FINRA Securities Licensing (SIE/S99) within 120 days.

Nice-to-have
  • 4-year degree from an accredited university or equivalent OR High school diploma or equivalent AND 3+ years of securities, banking, technology and/or job specific industry experience
  • 1+ year prior securities, banking, technology industry and/or job specific related industry experience
  • 4-year degree from an accredited university in business, finance or related field
  • 1+ year business, finance, customer service and/or accounting/securities experience


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
  • Flexible work/life balance options
  • Opportunities to do challenging work
  • Opportunities to take on progressively greater accountabilities
  • Access to a variety of job opportunities across business


The good-faith expected salary range for the above position is $70,000 - $130,000 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
Customer Service, Customer Service Management, Decision Making, Interpersonal Relationship Management, Investment Performance Measurement, Operational Delivery, Process Improvements, Risk Management, Time Management, Treasury 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:

2026-05-20

Application Deadline:

2026-06-26
Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.

About Royal Bank of Canada

Royal Bank of Canada Careers

Join the dynamic team at Royal Bank of Canada (RBC), a global leader in financial services and a company committed to excellence and innovation. At RBC, we offer a wide range of job opportunities that empower professionals to shape their career paths with leadership, diversity training, and continuous growth.

Work You’ll Do

At Royal Bank of Canada, we are not just hiring; we are building a culture of innovation and leadership. Our team members are at the forefront of the financial industry, driving transformation and delivering targeted solutions that meet the evolving needs of our clients and communities.

Explore Job Opportunities and Employment at RBC

Whether you are starting your career or looking to take it to the next level, RBC offers positions that challenge your skills and fuel your ambition. From entry-level positions to leadership roles, our job opportunities span across various functions and regions. Join us and be part of a team that values professional growth and diversity.

Internship and Professional Development

Kickstart your career with an internship at Royal Bank of Canada. Our internships provide invaluable hands-on experience, networking opportunities, and insights into the financial services industry. Interns at RBC gain the skills necessary to excel and are often considered for full-time positions within the company.

Benefits and Culture

At RBC, we prioritize the well-being and satisfaction of our employees. Our benefits package is designed to support our team members at every stage of their life and career. RBC’s culture is built on a foundation of respect, integrity, and responsibility, fostering an environment where everyone can thrive.

Career Growth and Innovation

We believe in nurturing the potential of our employees through continuous learning and career development programs. At RBC, you will find endless opportunities to grow professionally through on-the-job experiences, formal training programs, and leadership development initiatives. Our commitment to innovation means we are constantly seeking out new ideas and perspectives, making RBC a perfect place for those who aim to lead and innovate.

Diversity and Inclusion

Diversity is our strength. At Royal Bank of Canada, we are committed to building an inclusive workplace where every employee feels valued and respected. Our diversity training programs are designed to educate and inspire, creating a more inclusive and equitable workplace.

Join Our Team

Search open positions that match your skills and interests. We look for passionate, curious, creative, and solution-driven team players. Start your journey with RBC today and be part of a world-class team known for its commitment to client service, community involvement, and innovation.

Stay Connected

Keep up to date with career tips, insider perspectives, and industry-leading insights you can put to use today—all from the people who work here at Royal Bank of Canada.

Job Alert Emails

Personalize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding career opportunities awaiting you at RBC. Explore the possibilities with Royal Bank of Canada, where your future is filled with potential and the path to success is paved with countless opportunities for professional and personal growth. Join us and shape not just your career but the future of the financial industry.
Learn more about Royal Bank of Canada
Size
86,007 employees
Market Cap
$130.3 billion
Industry
5 Year Trend
+8.7%
NASDAQ

Similar Jobs

More Jobs at Royal Bank of Canada

More Finance & Insurance Jobs

Find similar Operations Manager, Payment Operations jobs: