Royal Bank of Canada

Senior Director, Cash Services - Technology & Enterprise Operations

Royal Bank of Canada$150K — $180K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Extensive experience in managing large teams with a high employee engagement score.
  • Strong skills in strategic thinking and tactical execution handling complex issues.
  • Proven capabilities in change leadership and navigating organizational dynamics.
  • Excellent collaboration and partnering skills with stakeholders and clients.
  • Experience in distribution and operations within the banking or financial services sector.
  • Ability to translate operational strategies into measurable outcomes.
  • Willingness to travel up to 25% domestically.

Responsibilities

  • Provide strategic leadership and vision for the Cash Services team aligning with organizational strategies.
  • Drive operational excellence by partnering with Operations and Process Engineering on enhancements.
  • Identify and execute solutions to streamline and automate Cash Services processes.
  • Engage with Capital Markets for business expansions and build relationships with clients.
  • Lead innovative initiatives by implementing AI and automation within the cash services framework.
  • Manage physical premises and security in collaboration with CBRE.
  • Act as a trusted advisor to PB/CB partners on strategic initiatives for operational efficiency.
  • Develop and oversee a comprehensive risk management framework including regulatory compliance.

Benefits

  • Opportunity to lead a large and diverse team across multiple locations.
  • Work in a fast-paced, high-visibility environment.
  • Drive innovation and operational excellence.
  • Collaborate with strategic partners in the financial industry.
  • Engage in professional development and talent-building initiatives.
Full Job Description
Job Description

What is the Opportunity?

As Senior Director, Cash Services, Technology and Enterprise Operations (TEO, you will lead a team of over 400 employees located in 9 centres across the country. Operating in a high-visibility, fast-paced environment, you will lead and develop a strategic vision for the cash services team. This team provides essential services to PB and CB and OFIs in cash supply to branches and ATMs and client deposit processing. You will drive operational excellence, strategic enablement, employee engagement, client experience and risk mitigation across Cash Services. In addition, you will be responsible for third party relationships and associated contracts supporting the business, such as Armoured Cars, BoC, Mint, BoA.. We are seeking an experienced and strategic leader and trusted strategic advisor to PB/CB partners. You will lead and partner on strategic initiatives, with a focus on enhancing the client experience, enhancing productivity, and maximizing financial performance.

What will you do?
  • Provide strategic leadership and vision to Cash Services ensuring alignment with T&O and TEO strategies, priorities, and goals.
  • Lead operational excellence within the cash centres through partnering with Operations and Process Engineering team (OPE) on process engineering and redesign opportunities. Lead Workforce Management discipline focused on employee productivity, employee capability and aligning resource supply to demand. Lead Practice Management Routines and enhance coaching, leader enablement, and employee engagement.
  • Identify and execute opportunities and solutions to simplify, eliminate, and automate activities within Cash Services.
  • Partner with Capital Markets on business expansion opportunities with OFIs and building strong relationships with OFI clients.
  • Lead innovation through the implementation of AI and automation opportunities across cash services.
  • Responsible for physical premises and security management in partnership with CBRE.
  • Trusted advisor to PB/CB partners to effectively deliver strategic initiatives focused on driving efficiency and effectiveness of operations activities, as well as operational oversight.
  • Develop comprehensive risk management framework, establish key risk indicators, ensure regulatory compliance (AML/CFT, cash handling standards), and oversee third-party risk assessments for critical vendors
  • Partner with risk in the design and maintenance of effective controls over cash operations, lead control testing results across 9 centres and partner with Risk/Internal Audit on remediation.
  • Strong coaching and leadership acumen with demonstrated ability to develop talent, build high-performing teams, and lead through others to achieve operational excellence


What do you need to succeed?

Must-Have:
  • Large people management experience and proven employee engagement score
  • Capability of handling complex issues, balancing strategic thinking and tactical execution skills
  • Exceptional Change Leadership skills with ability to navigate organizational dynamics
  • Strong partnering and collaboration skills with both internal and external stakeholders and clients
  • Distribution and/or Operations experience within a banking or financial services environment
  • Demonstrated capability to translate operational strategy into measurable results
  • Willingness to travel up to 25% domestically

Nice-to-Have:
  • Minimum 10 years of relevant professional banking experience, including people management
  • Graduate-level education, MBA, or equivalent


Job Skills
Adaptability, Business Performance Management, Customer Service, Decision Making, Interpersonal Relationship Management, Operational Delivery, Process Improvements, Time Management

Additional Job Details

Address:

180 WELLINGTON ST W:TORONTO

City:

Toronto

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

TECHNOLOGY AND OPERATIONS

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2026-08-19

Application Deadline:

2026-09-07
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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