Director - Foreign Exchange & Deposits, Caribbean - Bridgetown - Saint Michael, Bridgetown, Royal Bank of Canada

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Job Description

Applicaiton Deadline: August 25, 2025

This role can be located in the Caribbean Banking Market or Canada where the successful candidate resides

What is the opportunity?

The Director of Foreign Exchange (FX) & Deposits will be a key leader within RBC Caribbean Banking’s Products, Marketing & Digital team. This team is responsible for all products across Retail, Commercial, Cards, Merchant Acquiring, Investments, Private Banking, and Marketing. In addition, the team also leads the development of digital and automated solutions. Products, Marketing & Digital is leading the way to transform Caribbean Banking and driving growth and focused on delivering a simplified and exceptional experiences for all clients across the Caribbean.

What will you do?

Responsible for developing and executing the end-to-end strategy for FX & Deposit products which takes into consideration product value proposition, customer segments, channels, competition, macro-economic factors, digital innovation, marketing, pricing, and profitability.
Lead all activities with respect to the management of the FX & Deposit products including performance, KPIs and profitability management.
Actively partner with teams across the Caribbean and Enterprise to define a roadmap, and leverage funding to execute on initiatives to grow the FX & Deposit products
Work with Caribbean Banking partners, in particular Other Product Managers, Treasury, Sales, Operations, Technology, Legal & Compliance by impacting and influencing to design, develop and implement appropriate strategies, processes, policies and reporting which support the execution of the business strategy
Become the center of expertise (COE) and an escalation point for handling and addressing escalations related to FX & Deposits
Regularly present recommendations and opportunities to senior management and key Caribbean stakeholders
Track and ensure delivery of all action items related to audit items and regulatory requests.
Ensure FX & Deposit related risks across all products are flagged and proactively addressed and closed by working with key functional partners to address changes which help to improve the risk(s) for the product
Establish the appropriate framework to monitor and update policies and the controls to address changes in a timely manner
Ensure alignment between product construct, system set up, service delivery, client agreements, sales conversations and marketing execution

What do you need to succeed?

Must-have

Bachelor’s degree
Banking experience with at least 5 years in a managerial role
Ability to understand the bigger picture and build steps to solve complex problems
Effectively share ideas and capture the attention of your audience through different tools and tactics
Enhanced business and financial knowledge in order to make better decisions and prioritise limited resources
Be readily able to weigh-out multiple alternatives based on levels of risk and ambiguity

Nice-to-have

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.

Opportunity to Lead in a dynamically changing environment
The advantage of working with a dynamic, collaborative, and high performing team where initiative and hard work are recognized and rewarded
Leaders who help your development through coaching and managing opportunities
Ability to make a difference and lasting impact

Job Skills

Business Case Design, Critical Thinking, Knowledge Organization, Product Development Lifecycle, Product Development Methodology, Product Manufacturing, Product Services, Product Testing, Results-Oriented, Waterfall Model