Managing Director, Head of FX Operations - COO Group
RBC — TORONTO, Ontario, Canada
Posted 2026-09-18
Job Description What is the opportunity? Royal Bank of Canada is seeking an experienced Managing Director to lead our enterprise Foreign Exchange (FX) Operations function. This is a strategic leadership role overseeing FX settlement, clearing, trading support, and operational infrastructure across all business lines and global centers. You will drive operational excellence, manage enterprise-wide FX operations governance, and ensure world-class service delivery while maintaining the highest standards of regulatory compliance and operational risk management. In this role, you'll have the opportunity to shape the future of RBC's FX operations, lead a talented global team, and make a significant impact on one of the bank's most critical business functions. What will you do? Develop and execute enterprise FX operations strategy and governance frameworks aligned with regulatory requirements and RBC Group standards; establish strategic priorities and drive continuous improvement initiatives Oversee FX settlement and clearing operations across all currency pairs and markets, including pre-settlement matching, SWIFT messaging, nostro account management, and clearinghouse interactions; ensu