Cash Services Operations Manager, II

RBC Capital Markets LLC; Minneapolis (MN); On-site; USD 70,000 - 130,000; Full time

Benefits offered by this job

Bonuses

Flexible benefits

Career development

Work-life balance

Job summary

RBC Capital Markets LLC in Minneapolis seeks an Operations Manager for Cash Services, leading a team, hiring, onboarding, and coaching. You will oversee time-sensitive workflows, provide SME guidance, and support escalated customer inquiries, with focus on process adherence and risk mitigation.

You will manage training, documentation, and performance, ensuring accurate data and continuity across operations, while aligning with regulatory standards.

Qualifications

• Must-have: 4-year degree or equivalent and 5+ years in securities, banking, technology or related industry experience.
• Must-have: 3+ years in securities, banking, technology or related industry.
• Must-have: Securities license 99 or ability to obtain within 120 days.
• Nice-to-have: 4-year degree in business, finance or related field.
• Nice-to-have: 3+ years in credit operations, project management, vendor management, analysis, and/or risk control.

Responsibilities

• Hire, onboard, and train new team members.
• Supervise and direct time sensitive, complex daily work flows to meet service levels.
• Serve as a subject matter expert for department processes.
• Provide customer service support and research for escalated questions.
• Oversee performance management and career development.
• Review and record data into department systems with accuracy.
• Support department metrics, staffing models, and budgets.

Skills

Customer Service

Decision Making

Interpersonal Skills

Investment Performance

Operational Delivery

Process Improvement

Risk Management

Time Management

Treasury Management

Education

4-year degree

Securities license 99

Job description

Job Description

What is the opportunity?

The Cash Services Operations Manager position is responsible for providing leadership for a team and supporting time sensitive, complex and/or highly specialized processes. Incumbent will hire, onboard, and support training new team members. This position will provide training, coaching, recognition and development for Cash Services Operations Associates and Specialist, and foster teamwork and planning for succession. In addition, this position supports escalated complex customer service situations, completes process oversight, provides new initiative/process implementation support, and maintains accurate department procedures/reference materials. Individual must understand regulatory and organizational risks associated with work processes, how work is processed from beginning to end, and dependencies to other areas and departments. Position contains increased elements of risk which are managed through operational reviews, system checks, and adherence to procedures.

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.
• Serve as a subject matter expert for department processes supported by team.
• Liaise and provide customer service support for individuals requiring research, problem resolution, or securing information from other Operations departments, external customers or industry participants.
• Address escalated questions independently, seeking assistance from Senior Manager or other Operations resources as appropriate.
• Provide focus and clarity in establishing individual goals, driving performance management, supporting career development and rewarding strong performance.
• Conduct operations process oversight on complex and/or highly specialized processes to ensure adherence to department procedures, risks are mitigated, and regulatory requirements are met.
• 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.
• Develop and provide ongoing training support for team members related to the department's processes and systems.
• 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 5+ years of securities, banking, technology and/or job specific industry experience
• 3+ years prior securities, banking, technology and/or job specific related industry experience
• Securities license 99 (or able to obtain license within 120 days)

Nice-to-have

• 4-year degree from an accredited university in business, finance or related field
• 3+ years credit operations, project management, vendor management, analysis, and/or risk control 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. 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: 2026-10-07

Application Deadline: 2026-10-21

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.