PayPal Director, Risk Management in Dublin, Ireland
Director, Risk Managementin Dublinat PayPal
Date Posted: 2/28/2018
Employee Type: Full-Time
Experience: Not Specified
Date Posted: 2/28/2018
Job ID: R0022943
HELP US REIMAGINE MONEY.
At PayPal, we believe that now is the time to democratize financial services so that moving and managing money is a right for all citizens, not just the affluent. We are driven by this purpose, and we uphold our cultural values of collaboration, innovation, wellness and inclusion as our guide for making decisions and conducting business every day. It is our duty and privilege to be customer champions and put those we serve at the center of everything we do.
We are one team that respects and values diversity of thought for everyone, everywhere, and we actively seek to create an energizing workplace that brings out the best in all of us. If you’re ready to shape the future of money, join the team at PayPal. We're proud to work here. You will be too.
Fueled by a fundamental belief that having access to financial services creates opportunity, PayPal (NASDAQ: PYPL) is committed to democratizing financial services and empowering people and businesses to join and thrive in the global economy. Our open digital payments platform gives PayPal’s 210 million active account holders the confidence to connect and transact in new and powerful ways, whether they are online, on a mobile device, in an app, or in person. 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.
We are looking for a talented, motivated and results-driven leader to join the Risk Management organization to partner with the EMEA business in the UK region. Responsibilities will include focused delivery on the loss budget by assessing, bench marking and optimizing PayPal merchant acquiring and on boarding Risk strategy for the UK while supporting PayPal’s aggressive expansion in the exciting UK market. You will be responsible for the creation, documentation and implementation of policies that will enable PayPal to achieve Best in Class; risk decisions while achieving superior customer experience. These efforts require close collaboration with regional business and functional counterparts along with coordination, partnership and most importantly influencing of cross-functional teams located in different geographic locations. This position requires a proven record of merchant risk management (online preferred), business acumen, creative thinking, strong influencing skills, strong communication and collaboration skills and a foundation of research and analytical skills.
Develop, test and optimize underwriting, risk and fraud policies utilizing country specific consumer and business credit information as well as PayPal proprietary information.
Manage E2E team on analysts, as well as commercial underwriting managers and respective teams who support all of EMEA Commercial risk management.
Articulate, formulate and document policies reflecting the company overall risk appetite - holistically and at portfolio level
Work with global and regional teams to evaluate and improve existing policies on a regular basis; routine and on-going analysis of losses to ensure an appropriate balance of portfolio losses and risk at all times
Interface and work closely to provide policy support to local sales/business units, enabling entry to new markets while minimizing risk; build strong rapport with other teams throughout the organization especially international counterparts to influence business decisions, leverage best practices, and ensure excellent information flow and feedback on impacts of decisions.
Define, analyze, execute and evolve the end-to-end risk management processes for new products in the exciting UK market.
Build business cases for Risk management related projects or products, and defining success metrics for tracking effectiveness of initiatives post-launch
Support regional implementation of risk mitigation controls (e.g. reserves, minimum balances, withdrawal limits) to limit risk of specific populations
Identify relevant 3rd party data and service providers and support the negotiation, integration and management of on-going relationship
Continuously evaluate competitive external risk-based programs and customer needs to manage and influence PayPal’s needs, direction & performance for its risk & fraud management programs
Proactively identify opportunities to improve PayPal’s risk management capabilities and systems
Collaborate with x-functional teams to develop tools and processes to enhance efficiency of vetting and monitoring; assist in new product development, marketing activities and related risk endeavors
Translate complex quantitative information into presentations that are easily understood by senior management on a regular basis. Communicate and interact with partners and executives, verbally and written, in a professional manner;
Excel in a dynamic and fast-paced environment; manage changes, set and follow priorities and execute on vision and strategy.
Lead and direct special projects and perform other duties as assigned
Bachelors degree in Business, Economics, Statistics, Accounting, Finance, Mathematics, Operations Research, Engineering with an MBA or related graduate degree preferred Experience required:
8+ years of experience in risk management, credit underwriting and/or portfolio management capacity for financial services, payment services, or merchant account acquiring companies (online preferred)
Exceptional people influencing and collaboration skills
International experience preferred, including the management of country-specific risk
Knowledge of credit agency data availability and alternative sources of data for small business analysis
Solid understanding of local data protection, banking, card association and compliance requirements
A passion for problem-solving, flexibility, comfort with ambiguity, and creativity
Results driven team player with strong leadership, organizational and project management skills
The above statements are intended to describe the general nature of work being performed by the employees assigned to this classification. They are not intended to be construed, as an exhaustive list of all the responsibilities, duties, and skills required of employees so classified.
We're a purpose-driven company whose beliefs are the foundation for how we conduct business every day. We hold ourselves to our One Team Behaviors which demand that we hold the highest ethical standards, to empower an open and diverse workplace, and strive to treat everyone who is touched by our business with dignity and respect. Our employees challenge the status quo, ask questions, and find solutions. We want to break down barriers to financial empowerment. Join us as we change the way the world defines financial freedom.
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.
Individuals seeking employment at PayPal are considered without regard to race, color, religion, national origin, age, sex, marital status, ancestry, physical or mental disability, veteran status, or sexual orientation. You have the opportunity to provide the following information in order to help us comply with federal and state Equal Employment Opportunity/Affirmative Action record keeping, reporting, and other legal requirements.