Sr Director, Financial Risk Management

The Company

PayPal has been revolutionizing commerce globally for more than 25 years. Creating innovative experiences that make moving money, selling, and shopping simple, personalized, and secure, PayPal empowers consumers and businesses in approximately 200 markets to join and thrive in the global economy. 

We operate a global, two-sided network at scale that connects hundreds of millions of merchants and consumers. We help merchants and consumers connect, transact, and complete payments, whether they are online or in person. PayPal is more than a connection to third-party payment networks. We provide proprietary payment solutions accepted by merchants that enable the completion of payments on our platform on behalf of our customers.

We offer our customers the flexibility to use their accounts to purchase and receive payments for goods and services, as well as the ability to transfer and withdraw funds. We enable consumers to exchange funds more safely with merchants using a variety of funding sources, which may include a bank account, a PayPal or Venmo account balance, PayPal and Venmo branded credit products, a credit card, a debit card, certain cryptocurrencies, or other stored value products such as gift cards, and eligible credit card rewards.  Our PayPal, Venmo, and Xoom products also make it safer and simpler for friends and family to transfer funds to each other. We offer merchants an end-to-end payments solution that provides authorization and settlement capabilities, as well as instant access to funds and payouts. We also help merchants connect with their customers, process exchanges and returns, and manage risk. We enable consumers to engage in cross-border shopping and merchants to extend their global reach while reducing the complexity and friction involved in enabling cross-border trade. 

Our beliefs are the foundation for how we conduct business every day.  We live each day guided by our core values of Inclusion, Innovation, Collaboration, and Wellness. Together, our values ensure that we work together as one global team with our customers at the center of everything we do – and they push us to ensure we take care of ourselves, each other, and our communities.

Job Description Summary:

This position, Senior Director – Financial, Liquidity, Market, Credit Risk & ERM Chief of Staff will report directly to the Chief Enterprise Risk Officer. This role is a critical member of the Global Risk team and requires an individual with unique and specialized financial, risk and management expertise. This role will interface with Executive leaders globally thorough out the firm with key relationships required in both Corporate Finance and Treasure. Moreover, the leader in this role will have interactions with Executive Vice Presidents, Senior Vice Presidents and key external constituents including domestic and international regulators.

Job Description:

Responsibilities and Objectives:

• Primarily, this leader will have overall accountability for PayPal’s second line of defense financial risk management.
• Serve as a subject matter expert in credit, liquidity, market risk, capital and other financial risk disciplines.
• Is an expert on capital stress testing and international regulatory requirements including ICAAP, CCAR and other similar prudential requirements for advanced financial institutions.
• Responsible for the quality, timely and accurate reporting of Prudential risk reporting across the franchise.
• Establish the financial risk function and support the firms enhanced risk appetite framework globally.
• Support development of a series of key risk indicators and other reporting that will be leveraged for senior management, management and committees, and boards.
• Help monitor multiple data sources, including but not limited to, testing results, issues, and risk assessments, to identify and escalate trends and patterns.
• Proactively identify key risks to capital and liquidity, monitoring global regulatory requirements and minimums
• Analyze, monitor, inform and escalate on contingency liability matters with key third parties and critical entities supporting any PayPal holdings business.
• Serve as the Chief of Staff for Enterprise Risk Management including overall budget and expense management, efficiency programs and people programs in conjunction with HR People leaders.
• This candidate will also need to build strong relationships with PayPal business partners and within the ERCS organization to be effectively positioned to understand, communicate and influence plans, results, issues, and outcomes.
• This leader will be a member of the Enterprise Risk Management Committee and will present to various management committees and boards.
• This leader will work effectively in a complex, fast-pace