Sr. Dir, Head of Risk-Invest

Who we are

At PayPal (NASDAQ: PYPL), we believe that every person has the right to participate fully in the global economy. Our mission is to democratize financial services to ensure that everyone, regardless of background or economic standing, has access to affordable, convenient, and secure products and services to take control of their financial lives. We’re a purpose-driven company, and our beliefs are the foundation of how we conduct business every day. We’re guided by our core values of Inclusion, Innovation, Collaboration, and Wellness. Collectively, these values inspire us to work together as One Team with our customers at the center of everything we do, and to take care of ourselves, each other, and the communities in which we live and work. We challenge the status quo, ask questions, and find solutions. Join us as we enable the hopes, dreams, and ambitions of millions of people around the world.

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Job Description Summary:

Job Description:

Job Responsibilities

• Design and build a risk management program for PayPal’s new broker-dealer consistent with PayPal’s global risk management and governance framework.
• Oversee all risk types related to the PayPal’s new broker-dealer business.
• Provide risk leadership and oversight of the business, creating streamlined interaction with independent risk management and a comprehensive view within PayPal’s new broker-dealer and affiliated PayPal entities.
• Lead, manage, and supervise a team of risk professionals responsible for the broker-dealer’s risk management
• Provide in-depth and technical advice to support timely decision-making.
• Execute board-level, senior management, committee, and business/enterprise function materials, presentations, and reports.
• Provide a single point of contact to leadership for risk management oversight across all broker-dealer business activities.
• Identify and escalate risk and control issues with transparency, in a timely manner and in accordance with PayPal policies and procedures.
• Advise senior business leadership regarding appropriate operations policies and processes leveraging risk appetite, risk management metrics, performance metrics, and emerging trends across the business.

Requirements

• Bachelor's degree required (advanced degree, such as MBA or JD is preferred) with 15 years or equivalent experience.
• Extensive knowledge of broker dealer risk management required, including 10+ years of leadership experience within a broker-dealer compliance function and/or with fintech companies.
• Significant experience in policy and framework development in a broker-dealer environment.

• Solid understanding of SEC and FINRA regulation
• Series 14 or 24, and/or FRM qualification a plus

Key Competencies

• Ability to work under pressure, manage multiple projects with competing priorities, meet deadlines, and adapt to change.
• Ability to identify dependencies and leverage multiple sources of information simultaneously
• Solid critical, creative, and analytical thinking, decision making and innovative problem-solving skills.
• Excellent verbal and written communication skills.
• Strong reputation for integrity and ability to balance business partnership with the need to exercise independence judgment and to raise issues in a timely and constructive manner.
• Proven ability to develop strong relationships and consensus building with various stakeholders, including senior and executive management.
• High energy and a desire to work in a result- and team-oriented, rapid growth environment
• Ability to work independently and within a team environment.

Subsidiary:

Travel Percent:

For more than 20 years, PayPal has remained at the forefront of the digital payment revolution. By leveraging technology to make financial services and commerce more convenient, affordable, and secure, our open digital payments platform gives PayPal’s 400 million active account holders the confidence to connect and transact in new and powerful ways. Through a combination of technological innovation and strategic partnerships, PayPal creates better ways to manage and move money, and offers choice and flexibility when sending payments, paying, or getting paid. Available in more than 200 markets around the world, the PayPal platform, including Braintree, Venmo and Xoom, enables consumers and merchants to receive money in more than 100 currencies, withdraw funds in 56 currencies and hold balances in their PayPal accounts in 25 currencies.

PayPal provides equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, pregnancy, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, PayPal will provide reasonable accommodations for qualified individuals with disabilities. If you are unable to submit an application because of incompatible assistive technology or a disability, please contact us at [email protected].