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Job Snapshot
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Employee Type:
Full-Time -
Location:
New York, NY -
Job Type:
-
Experience:
Not Specified -
Date Posted:
12/18/2024
Job Description
The CompanyPayPal 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:
Job Description SummaryThe VP, Global Risk – Regional Risk / Global Markets will play a crucial role in providing strategic leadership across the LATAM, APAC, Europe, and MEA regions. This position is responsible for ensuring that robust risk management and control frameworks are established and maintained, tailored to the specific needs of each region. The VP will oversee the design and execution of first line of defense (1LOD) business controls, lead comprehensive risk assessment programs, and manage risk associated with mergers and acquisitions (M&A). Furthermore, this role will advocate for member and seller interests, managing complaints and ensuring a balanced approach to global market risks. The VP will be instrumental in driving consistent risk practices across diverse regions, thereby supporting the company’s growth and operational resilience.
Job Description:
• Regional Risk Leadership:
o Provide strategic direction and leadership in risk management across
LATAM, APAC, Europe, and MEA, ensuring alignment with the company's
global risk strategy.
o Develop and maintain region-specific risk management frameworks that
address local regulatory requirements and market dynamics.
• 1LOD Business Controls:
o Design and implement robust first line of defense(1LOD) business controls
that are tailored to each region’s unique risk landscape.
o Ensure that controls are effectively executed, monitored, and continuously
improved to mitigate risks in day-to-day operations.
• Risk Assessment Programs:
o Lead comprehensive risk assessment programs across all regions,
identifying, evaluating, and prioritizing risks that could impact the organization’s objectives.
o Collaborate with regional teams to develop risk mitigation strategies that are proactive and aligned with the company’s risk appetite.
• M&A Risk Management:
o Oversee risk management for mergers and acquisitions, ensuring that
potential risks are thoroughly assessed and managed throughout the M&A
lifecycle.
o Work closely with corporate development teams to integrate risk
considerations into M&A strategy and execution.
• Member/Seller Advocacy & Complaint Management:
o Champion the interests of members and sellers by overseeing the
management of complaints and ensuring that they are resolved effectively
and fairly.
o Develop and implement advocacy programs that enhance member/seller
satisfaction while mitigating reputational risk.
• Cross-Functional Collaboration:
o Partner with key stakeholders across risk, operations, legal, compliance,
and other functions to ensure a coordinated approach to risk management.
o Act as the primary liaison between regional teams and global risk
management, ensuring that regional insights are integrated into global
strategies.
• Regulatory Compliance & Engagement:
o Ensure compliance with local regulatory requirements across all regions,
maintaining strong relationships with regulators and other external
stakeholders.
o Stay informed of regulatory changes and emerging risks in a region,
adjusting risk management practices accordingly.
• Team Leadership & Development:
o Lead, mentor, and develop a global team of risk professionals, fostering a
culture of excellence, accountability, and continuous improvement.
o Build and maintain a high-performing team that is capable of managing
complex risks in diverse and dynamic environments.
• Continuous Improvement:
o Drive continuous improvement in regional risk management practices,
leveraging best practices and innovative approaches to enhance
effectiveness.
o Promote a culture of risk awareness and proactive risk management across
all regions.
Qualifications:
• Education:
o Bachelor’s degree in Finance,Business, Risk Management, or a related field.
Advanced degree (MBA, MS) preferred.
• Experience:
o 15+ years of experience in risk management,with a focus on regional or
global markets.
o Proven track record of leading risk management initiatives in diverse
geographical regions, particularly in LATAM, APAC, Europe, and MEA.
o Experience in designing and executing 1LOD business controls, risk
assessment programs, and M&A risk management.
• Skills:
o Strong strategic thinking and leadership abilities, with the capacity to
influence and drive change across multiple regions.
o Excellent communication and interpersonal skills, with the ability to
collaborate effectively with cross-functional teams and senior executives.
o Deep understanding of regional regulatory environments and market
dynamics, with the ability to navigate complex compliance landscapes.
o Proficiency in risk management tools and software, with a focus on data-
driven decision-making.
Additional Job Description:
Subsidiary:
PayPalTravel Percent:
15-
PayPal is committed to fair and equitable compensation practices.
Actual Compensation is based on various factors including but not limited to work location, and relevant skills and experience.
The total compensation for this practice may include an annual performance bonus (or other incentive compensation, as applicable), equity, and medical, dental, vision, and other benefits. For more information, visit https://www.paypalbenefits.com.
The U.S. national annual pay range for this role is
$250000 to $360000For the majority of employees, PayPal's balanced hybrid work model offers 3 days in the office for effective in-person collaboration and 2 days at your choice of either the PayPal office or your home workspace, ensuring that you equally have the benefits and conveniences of both locations.
Our Benefits:
At PayPal, we’re committed to building an equitable and inclusive global economy. And we can’t do this without our most important asset—you. That’s why we offer benefits to help you thrive in every stage of life. We champion your financial, physical, and mental health by offering valuable benefits and resources to help you care for the whole you.
We have great benefits including a flexible work environment, employee shares options, health and life insurance and more. To learn more about our benefits please visit https://www.paypalbenefits.com.
Who We Are:
Click Here to learn more about our culture and community.
Commitment to Diversity and Inclusion
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 talentaccommodations@paypal.com.
Belonging at PayPal:
Our employees are central to advancing our mission, and we strive to create an environment where everyone can do their best work with a sense of purpose and belonging. Belonging at PayPal means creating a workplace with a sense of acceptance and security where all employees feel included and valued. We are proud to have a diverse workforce reflective of the merchants, consumers, and communities that we serve, and we continue to take tangible actions to cultivate inclusivity and belonging at PayPal.
Any general requests for consideration of your skills, please Join our Talent Community.
We know the confidence gap and imposter syndrome can get in the way of meeting spectacular candidates. Please don’t hesitate to apply.
Notice to Applicants and Employees who reside within New York City. Click here to view the notice.
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