Sr. Product Manager, Daylight Overdraft

$200,000 - $200,000/Yr

Royal Bank of Canada - Jersey City, NJ

Full-time - Senior

Jersey City, NJ

Credit Intermediation and Related Activities

About the position

The Senior Product Manager for Daylight Overdraft Limits is responsible for managing the credit funded service within the US Cash Management Business. This role involves working in an Agile environment to transform corporate cash management offerings by collaborating with cross-functional partners, including technology, product, operations, and credit risk. The ideal candidate will focus on delivering a simple, transparent, actionable, and real-time solution while enhancing the client experience.

Responsibilities

• Execute on the vision and strategy for Daylight Overdraft Limits and Overnight Overdraft capabilities.
• Collaborate with product and technology partners to prioritize and drive solutions to market.
• Work directly with Enterprise partners to ensure compliance with internal requirements and regulations.
• Design operational processes to support DOL services that meet internal and client needs.
• Focus on automation and simple solutions for an efficient experience.
• Define and measure Key Performance Indicators (KPI).
• Review test plans for thorough validations and sign-off on test completion related to DOL solutions.
• Review solutions with senior management, compliance, and legal teams.
• Set priorities, detail solutions, and review with stakeholders.
• Define internal product communications and ensure adherence to terms and conditions.

Requirements

• Experience in a corporate banking environment.
• General knowledge of credit funded services.
• Ability to prioritize deliverables based on Agile methodology.
• Excellent verbal and non-verbal communication skills.
• Focus on client experience to deliver best-in-market solutions.

Nice-to-haves

• Experience with product development lifecycle and methodology.
• Strong critical thinking and effectiveness measurement skills.

Benefits

• Comprehensive Total Rewards Program including bonuses and flexible benefits.
• Competitive compensation and commissions.
• 401(k) program with company-matching contributions.
• Health, dental, vision, life, and disability insurance.
• Paid time-off plan.