At PayPal (NASDAQ: PYPL), we believe that every person has the right to participate fully in the global economy. Our mission is to revolutionize commerce globally to make moving money, selling and shopping, personalized and secure. Job Description Summary: PayPal's Global Credit Risk team is seeking a Business Risk & Control Lead (BRCL) to manage the full life cycle of Credit Risk Policy Change management across US-based revolving credit and Buy Now Pay later products. This position will work closely with Policy Owners to understand their strategies, goals, and key objectives and ensure practices are in full compliance with Regulatory guidance. The Business Risk and Control Lead ("BRCL") is responsible for helping the Product/Business owner manage the risk that they own over the product/business. The BRCL manages and executes risk processes that exist in the first line, such as risk identification, risk assessment, risk and control evaluation, management and resolution of issues and incidents, Risk and Compliance Plan ("RCP") output, and risk reporting for products, functions, and jurisdictions (as applicable). This role is also responsible for managing product/business-specific risk forums, and interfacing with the Second Line of Defense to understand and apply risk frameworks and protocols. Job Description: * Lead initiatives to evaluate issues across multiple product lines * Work with the appropriate functional team(s) to document recommendations and follow up with business units on resolution/implementation. * Act as single point of contact for Partner Bank, leading engagement and reporting rhythms related to relevant portfolios. * Single point of contact for audit and Second line engagements and data requests, providing requested material and follow up details within agreed SLAs. * Create/Manage action plans: gather updates, assign tasks and identify risks and issues during the impaired period. Collaborate with cross functional partners (Operations, Operational Excellence), Technology, Compliance, and other stakeholders as appropriate to remediate impacted customers during impaired period. * Provide periodic updates on project status and escalate issues to senior management and assist in issue resolution. * Ensure meetings and critical decision points are clearly documented and communicated. * Establish strong partnerships with line of business representatives and technology that will enable the team to meet business objectives. * Assist in business case/cost benefit analysis to help in the identification, development and prioritization of data, reporting, and technical projects as outputs of issues management. * Work collaboratively with business management and other teams to understand business requirements, align stakeholder expectations with internal & external review committee, update stakeholders on resolution progress, and prepare for issue resolution and associated business change. * Understand impact to the Control Environment and controls * Work very closely with Controls, understanding controls and being able to maintain Controls Job Requirements * Strong analytical skill - must be able to analyze complex data, draw meaningful/accurate conclusions, and make holistic business recommendations * Strong team player with excellent verbal and written communication skills * Engage with internal and external stakeholders to devise and execute on remediation plan, leveraging credit product experience and project/process management experience * Ability to approach problems in a quantitative and qualitative manner, and partner with the business to understand their needs, and drive solutions specifically around Issues * Proficient in Microsoft Office * Basic knowledge of internal systems & software a plus (examples: Kana, Intranet, web-based applications) * Familiarity with regulatory compliance requirements for merchants, products, and customer experience preferred * Familiarity with Financial Services / FinTech Operations * Bachelor's degree or equivalent experience required Additional Job Description: Subsidiary: PayPal Travel Percent: 0 - 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 $82500 to $187990 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. 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. For more information, visithttps://www.paypal.com , https://about.pypl.comand https://investor.pypl.com. 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 paypalglobaltalentacquisition@paypal.com. Any general requests for consideration of your skills, please Join Our Talent Community.
