Director, Emerging Payments

Socket.dev; Toronto; On-site; CAD 150,000 - 200,000; Full time

Job summary

RBC in Toronto seeks a Director, Emerging Payments to lead the Emerging Payments product team, oversee Interac e-Transfer, Real-Time Rail rollout, and drive strategic roadmap for commercial clients. You will partner with Technology, Risk, Legal and Business to shape payment solutions.

The role requires 5+ years in product management, 3+ years leading teams, and a proven track record of launching products to growth, including vendor relationships and cross-functional influence.

Qualifications

• 5+ years in product management with 3+ years P&L or business accountability for a product line and a proven track record of launching products to quantified objectives.

Responsibilities

• Lead product vision, strategy and development for Interac e-Transfer and Real-Time Rail (RTR) for commercial clients.
• Own end-to-end product strategy and roadmap for emerging payments (Interac, RTR, OLTF).
• Contribute to and execute against the new-products roadmap with clear status updates on progress, risks and trade-offs.
• Set and communicate product direction; ensure outcomes and outputs; maintain competitive awareness of payments landscape.
• Collaborate with vendors and industry partners to drive investments and alignment.

Skills

Product management

Leadership

Strategic thinking

Stakeholder communication

Job description

Job Description

What is the Opportunity?

The Director, Emerging Payments leads the Emerging Payments product team and will be responsible for the following mandates:

• Leading and managing the bank’s current payment product portfolio (Interac e-Transfer capabilities, Request To Pay, Online Tax Filing (OLTF), and Transactional Risk), while architecting our vision for optimal payment solutions and emerging payment opportunities.

• Launching our Real-Time Rail (RTR) (i.e. Real-Time Payment) capabilities for commercial banking portfolio, including driving the commercialization strategy and activities to drive growth and adoption.

• Evolving our emerging payments portfolio through the evolving payments landscape and maintaining a pulse on the competitive and market landscape with respect to payments end-to-end.

• Managing a dedicated team of product managers, helping each member to identify and achieve their professional and career developmental goals, and fostering a collaborative work environment

What Will You Do?

Product Leadership & Strategy

• Drive the product vision, strategy and development with respect to Interac e-Transfer capabilities and launch of Real-Time Rail (RTR) for commercial clients as a critical component of the bank’s broader payment ecosystem.

• Lead the end-to-end creation and development of our emerging payments product strategy and formulate the short and long-term visions of the product roadmap (Interac, RTR, OLTF).

• Contribute to and execute against the new-products roadmap, while providing clear, timely status updates on progress, risks, and trade-offs

• Set and communicate product vision and strategic direction; hold your team accountable to outcomes and outputs; maintain competitive awareness of payments landscape, industry changes, and emerging trends.

• Collaborate and manage vendor relationships, including engagements with industry partners

Team Leadership & Development

• Build, lead, and develop a team of product managers; establish standards for product discipline, prioritization, and execution

• Collaborate within the wider product organization

• Grow and develop team members in line with professional developmental goals

Cross-Functional Collaboration & Delivery

• Partner with Technology, Operations, Lines of Business, Legal, Risk, and Compliance to translate product requirements into delivered capabilities; engage Lines of Business, as primary customers, ground products in real client needs.

• Craft compelling product narratives and business cases to secure investment and stakeholder alignment

• Communicate seamlessly across all audience levels from executive narratives to detailed working sessions on product direction and impact

What Do You Need to Succeed?

Must Have

• 5+ years in product management, including 3+ years with full P&L/business accountability for a product line and proven track record of launching products and enhancing existing products to quantified objectives (e.g. revenue, adoption, retention).

• Experience with payment products, Interac and/or real-time payments, and thought leadership regarding emerging technology changes (i.e., API’s, embedded payments, etc.).

• 2+ years people management/ leadership experience

• Experience setting product vision and roadmaps for teams and holding them accountable to outcomes through in-house build and delivery

• Effective communication skills with ability to seamlessly shift between executive-level narratives and detailed working sessions; proven capability to craft compelling product stories to secure investments.

• Excellent communication skills across all audience levels with proven ability to craft compelling executive-level product narratives to secure stakeholder investment.

• Data-driven and customer-centric mindset with demonstrated ability to leverage qualitative and quantitative insights to inform decisions

• Demonstrated comfort with ambiguity and capability to influence without direct authority

• Experience with managing and working with vendor relationships and driving towards desired business outcomes

Nice to Have

• RBC experience (e.g., P&L, Channels/Digital or equivalent).

• Prior experience with emerging payment technologies and a pulse on the payments landscape.

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.

• Make a real difference: Lead the evolution of payments solutions that directly impact how commercial customers operate and succeed.

• Work in a dynamic, collaborative team: Join a progressive, high-performing organization that values innovation and cross-functional partnership.

• Grow and develop: Take on challenging work that stretches your capabilities and accelerates your professional growth.

Job Skills

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

Additional Job Details

Address: WATERPARK PLACE, 20 BAY ST:TORONTO

City: Toronto

Country: Canada

Work hours/week: 37.5

Employment Type: Full time

Platform: PERSONAL & COMMERCIAL BANKING

Job Type: Regular

Pay Type: Salaried

Posted Date: 2026-09-11

Application Deadline: 2026-09-25

Our Employment Opportunities

At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One RBC. We believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.

Note

Applications will be accepted until 11:59 PM on the day prior to the application deadline date above