Manager, Treasury Counterparty 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 Summary:

PayPal Treasury is seeking an experienced Counterparty Risk Management professional to join our North America Treasury team. This role will establish counterparty and credit risk management standards and enable opportunities for PayPal to scale its growth across global businesses and functions while ensuring strong financial risk management. The role partners with multiple teams within and outside Treasury, and has broad exposure to various businesses, products, functional areas, and regions. Additionally, the position works closely with other Finance functions (such as Accounting, Controllership) and other internal stakeholders (such as Partnerships and Business Development, Legal, Product, Risk & Compliance, Audit). The role requires a background in fundamental credit analysis, understanding of capital markets, financial market infrastructure and regulatory landscape for financial services in the US and globally. Financial Institutions industry experience preferred.

Job Description:

Essential Responsibilities:

• Take ownership of key Treasury processes such as corporate cash management or FX risk management activities.
• Partner with internal constituents to solve corporate cash management issues.
• Leading junior treasury team members for professional growth.
• Institute and socialize BCP/BIA processes and planning.
• Maintain and manage Treasury Workstation usage, optimization, testing, and upgrades.
• Integrate acquisitions and standardize policies across the organization.
• Provide oversight of intercompany loans and other Treasury Policies.
• Identify automation initiatives for daily operations efficiency.
• Collaborate with Risk and Compliance teams for regulatory and licensing compliance.

Expected Qualifications:

• Minimum of 8 years of relevant work experience and a Bachelor's degree or equivalent experience.

Preferred Qualification:

• Evaluate, monitor, manage, and structure counterparty exposure, and articulate risk appetite to cross-functional stakeholders

• Remain current on all aspects of the counterparty portfolio and individual relationships, including changes in credit profile, exposure, emerging risks, potential issues and opportunities

• Perform credit due