Royal Bank of Canada

Senior Business Analyst - Payments Product

Royal Bank of Canada$95K — $115K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years as a Business or Product Analyst in Financial institutions, particularly in Capital Markets or Payments/Cash Management.
  • 3+ years in agile development as a Product Owner, involving user story creation and backlog refinement.
  • Proficient in ISO and MT/MX payment formats, SWIFT messaging, FX payments, and Instant Payments.
  • Familiarity with innovative technologies and current market trends.
  • Professional certifications such as CSM or CTP are preferred.
  • Strong team collaboration skills with both technical and non-technical resources.
  • Excellent communication skills, both oral and written, to convey information to project stakeholders.

Responsibilities

  • Lead mapping and analysis of business processes to find inefficiencies and technology opportunities.
  • Analyze current Capital Markets Payments ecosystems for improvement areas.
  • Collaborate with operations, legal, compliance, and risk teams.
  • Ensure operational readiness for product rollouts through training and support.
  • Conduct test case modeling and execution oversight.
  • Develop and prioritize product roadmaps based on strategic goals.
  • Design dashboards and tools for end-to-end payment tracking.

Benefits

  • Comprehensive Total Rewards Program with bonuses and flexible benefits.
  • Leadership support for personal and professional development.
  • Dynamic, collaborative work environment within a high-performing team.
  • Opportunities for challenging projects that foster growth.
  • Flexible work-life balance options.
Full Job Description
Job Description

What is the opportunity?

The COO group is the functional core of RBC Capital Markets' trading activities. We provide our business partners greater efficiency, scalability, and control within their operational processing, helping to ensure the firm's continued growth and success. Within the COO Group is the Liquidity, Funding and Payment Services pillar dedicated to supporting mission critical Treasury, Cash, Control and Collateral Management capabilities across various Capital Market and Enterprise-wide business lines. The Product Team in Liquidity, Funding and Payment Services shapes and advances the transformation roadmap through a holistic lens including people, processes, data, and technologies. This role sits within the Payments Product Organization with goal for improved STP rates for high value payments along with enhanced controls across all of Capital Markets businesses. Through a variety of tools and methodologies, our team strives to clearly articulate a vision for the future of our business, and drive towards it, in collaboration with our IT partners.

What will you do ?
  • Lead the comprehensive mapping, analysis, and redesign of business processes to identify inefficiencies and opportunities for technology & automation, process improvements, and home-of-best-fit recommendations
  • Support the analysis of "as-is" Capital Markets Payments Eco systems and identify areas of efficiency improvement as a part of the Capital Markets Payments Modernization Program.
  • Collaborate with cross functional teams such as operations, legal, compliance, and risk where required
  • Contribute to the operations readiness for product roll outs, such as providing training and support to internal teams
  • Test Case modelling, planning, and execution
  • Roadmap development and prioritization
  • Designing dashboards and end-to-end tracking tools for payments
  • Thought leadership on key and emerging technologies, competitive landscape, and capital markets transformation
  • Liaise with and manage cross-functional teams to achieve buy-in
  • Report progress of project status, milestones, and achievements to stakeholders
  • Establish and maintain relationships with vendors and service providers in assessing new technologies and industry trends


What will you need to succeed?
  • 5+ years of experience as a Business or Product Analyst in Financial institutions especially within the scope of Capital Markets or Payments/Cash Management products and services.
  • 3+ years of experience in hand on agile development in a product owner role, including creating user stories, backlog refinement
  • Knowledge of ISO and MT/MX payment formats, SWIFT Messaging, FX payments, and Instant Payments Processing
  • A good understanding of innovative technologies and current technology trends
  • Professional Certifications : CSM, CTP certification preferred but not required
  • Must be a team player who works well with technical and non-technical resources
  • A Payment Enthusiast keeping updated with the industry trends
  • A "can do" attitude. Must be able to see tasks through to completion without significant supervision
  • Good oral and written communication skills and the ability to clearly articulate to all project members and stakeholders
  • Familiar with legal and compliance obligation related to Payments processing guidelines and other regulations related to Capital Markets


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
Agile Methodology, Business Data Analysis, Business Process Modeling, Commercial Acumen, Communication, Critical Thinking, Decision Making, Group Problem Solving, Interpersonal Relationship Management, Requirements Analysis

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:

2026-09-15

Application Deadline:

2026-09-30
Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

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.

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Learn more about Royal Bank of Canada
Size
86,007 employees
Market Cap
$130.3 billion
Industry
5 Year Trend
+8.7%
NASDAQ

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