Director, Liquidity & Funding Product Owner

About this role

Job Description

What is the opportunity?

The Liquidity and Funding Product Owner is responsible for defining, prioritizing, and guiding the development of liquidity and funding management products and capabilities to maximize value and alignment with business objectives. This role sits within the Funding, Liquidity & Payment Services portfolio and reports to Product Lead, Funding, Liquidity & Payment Services. The Liquidity and Funding Product Owner translates business strategy into clear roadmaps, manages product backlogs, and ensures delivery of innovative solutions that enable global positioning and allocation of firm and client cash and collateral to support trading, underwriting, bank loans, and other financial instruments while maintaining regulatory compliance and operational excellence.

What will you do?

Vision and Strategy • The Liquidity and Funding Product Owner articulates the vision for liquidity and funding management capabilities spanning cash positioning, collateral allocation, cash flow forecasting, account management, payment execution, and funding optimization. • Work closely with stakeholders, customers, and leadership to understand market needs, competitive positioning, and strategic priorities. • Translate business goals into a clear roadmap for liquidity and funding functionalities and communicate this vision consistently to development teams, so everyone understands what they're building and why. Anticipate operational risks and competitive landscape trends to develop best-in-class solutions.

Requirements, Backlog Management and Product Design • Maintains the liquidity & funding product backlog—an ordered list of features, improvements, and fixes. • Write user stories and acceptance criteria, ensuring requirements are clear and testable. Continuously refine and reprioritize the backlog based on business value, customer feedback, regulatory requirements, operational risk mitigation, and financial governance needs. This requires balancing short-term operational execution against long-term strategic transformation while considering intraday liquidity management, cash flow forecasting, and compliance with global liquidity management frameworks. • Analyze metrics, user feedback, and usage data to inform prioritization and make evidence-based decisions. Track key performance indicators including liquidity adequacy, funding costs, settlement efficiency, manual processing touchpoints, and operational risk events. Validate hypotheses through releases and champion a culture of continuous improvement in liquidity management and operational effectiveness. • Ensure products comply with relevant regulatory standards and support contributions to liquidity crisis management frameworks. • Oversee onboarding of new products, counterparties, and clearing models without compromising controls

Technology Enablement & Transformation • The Product Owner acts as the business owner for liquidity and funding platform initiatives, automation strategies, and technology migrations. Develop and execute technology automation strategies that result in scalable and digital infrastructure while maintaining appropriate management control and compliance environments. • Partner with Technology to drive STP automation for payments, cash positions, account attestations, forecasting reports, and other key processes; reduce manual touchpoints and spreadsheet dependencies; and improve data quality, reliability, and real-time visibility. • Lead the development of strategic initiatives to create efficiencies that lower cost of services through automation, new technology, resource optimization strategies, or process reengineering approaches. • Coordinates with operations, finance, compliance, and support teams on feature launches and product rollouts. • Determine release timing, provide training and support to operations and user teams, and ensure the organization is ready to support new functionality. Support integration of new business initiatives by developing better solutions and achieving a cross-enterprise mindset.

Governance, Controls & Stakeholder Management • The Product Owner collaborates with Risk, Compliance, and Audit teams to integrate robust control frameworks into product design. Ensure products support diligent execution of operational risk controls, including documented procedures, process maps, and internal controls that lead to a robust operating environment. • The Product Owner ensures product development aligns with the RBC Combined US Operations overall liquidity management framework, Standing Order policies, industry best practices, and regulations. Support attestation processes and sign-off requirements in accordance with global RBC attestation policy. Proactively lead the creation of clearly defined, robust, repeatable, and scalable solutions while driving automated STP (Straight-Through Processing) solutions to minimize risks of manual errors. • The Liquidity and Funding Product Owner serves as the bridge between development teams and business stakeholders across engineering, operations, finance, corporate treasury, global risk management, compliance, and front office teams. • Gather requirements from counterparties, financial institutions, clearing houses, vendors, and internal teams while managing competing interests. Advocate for decisions that serve the product, risk management, and business best and communicate progress, roadmap changes, and product decisions to stakeholders transparently. Cultivate strong external relationships with clients, counterparts, CCPs, and vendors to ensure products meet market needs • The Product Owner works closely with Finance teams to ensure products enable financial planning, budgeting, and cost management while supporting liquidity and funding objectives. Ensure products provide transparency into cash flow forecasting, both short and long term, and enable optimization strategies for excess cash positioning. • Support cost reduction opport

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