Senior Director, Cash Services - Technology & Enterprise Operations
About this role
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 ManagementAdditional Job Details
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Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
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.
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RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.
Company at a glance
Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 94,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada's biggest bank and one of the largest in the world, based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our more than 17 million clients in Canada, the U.S. and 27 other countries. Learn more at rbc.com.
We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at www.rbc.com/community-social-impact.
La Banque Royale du Canada est une institution financière mondiale définie par sa raison d'être, guidée par des principes et orientée vers l'excellence en matière de rendement. Notre succès est attribuable aux quelque 94 000+ employés qui mettent à profit leur créativité et leur savoir faire pour concrétiser notre vision, nos valeurs et notre stratégie afin que nous puissions contribuer à la prospérité de nos clients et au dynamisme des collectivités. Selon la capitalisation boursière, nous sommes la plus importante banque du Canada et l'une des plus grandes banques du monde. Nous avons adopté un modèle d'affaires diversifié axé sur l'innovation et l'offre d'expériences exceptionnelles à nos plus de 17 millions de clients au Canada, aux États Unis et dans 27 autres pays. Pour en savoir plus, visitez le site rbc.com/francais
Nous sommes fiers d'appuyer une grande diversité d'initiatives communautaires par des dons, des investissements dans la collectivité et le travail bénévole de nos employés. Pour de plus amples renseignements, visitez le site www.rbc.com/collectivite-impact-social.
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