At PayPal (NASDAQ: PYPL), we believe that every person has the right to participate fully in the global economy. Our mission is to democratize financial services to ensure that everyone, regardless of background or economic standing, has access to affordable, convenient, and secure products and services to take control of their financial lives.

Job Description Summary:
PayPal is seeking a dynamic, innovative, and driven Enterprise & Op Risk Manager to join our high-performing UK Risk and Compliance team. The role will manage the 2nd line oversight and advisory on all non-financial risk, financial risk, and broader enterprise risk management matters for PayPal’s business in the UK. Meet our team Reporting to the Risk Lead of PayPal’s business in the UK, you will contribute to the sustainable growth of PayPal’s business in the UK, which offers payment solutions, financial services including credit products to its consumers and merchants in those markets. You will collaborate with regional and global business and functional teams.

Job Description:
Your way to impact

• Manage the SLOD oversight on all non-financial risk, financial risk, and broader enterprise risk matters for PayPal’s business in the UK.
• Manage the embedding PayPal’s ERM framework for the business in the UK including the risk appetite, KRI, annual risk assessments etc.
• Engage with the first line of defence Risk and Compliance teams to ensure that risks are properly identified, assessed, managed, and controlled within the Bank’s Risk Appetite.
• Provide expertise / input on enterprise-wide risk management in the context of risk frameworks, governance, management and measurement, stress testing, strategy, and regulatory expectations.
• As the Risk SME collaborate with the PayPal globally, on designing the UK specific framework.
• Provide the second line advisory and oversight on regulatory compliance to the Safeguarding requirements.
• Manage prudential risk matters including determination of adequate capital and liquidity requirements and appetite; Lead the stress testing exercises to inform the business risk appetite.
• In partnership with the Risk Lead and the PPEU/ Global Financial Risk teams, manage the stress testing, and the wind-down planning for the PayPal UK entity.
• Collaborate with global PayPal stakeholders on the development and coordination of enterprise risk transformation offerings.
• Manage the delivery of thematic risk reviews and other risk-insight initiatives; Leads the facilitation of risk assessments to support major decision making.
• Supports the Risk Lead in developing annual objectives for the Risk function, working collaboratively with all members of the risk team.
• Identify control improvements required for PayPal’s business in the UK to operate within defined impact tolerances when, not if, severe but plausible disruptions occur.
• Manage the SLOD responsibilities for risk activities such as risk and control self-assessments (RCSA’s), risk reporting, overseeing key risk indicators (KRI’s), risk incident management, and much more.
• Enable/ Manage/ Lead the regular risk reporting for the Risk Management Committee and sub-committees
• Supporting the management of key governance processes within the organisation and providing support to Risk Governance committees
• Provide the SLOD oversight of the PayPal’s Crypto produces and services in the UK.
  
  
  

What Do You Need To Bring-

• 7+ years in the financial industry or equivalent with proven experience in Risk leadership roles for regulated financial services firms (large banks, payments institutions).
• Knowledge of FCA requirements particularly Enterprise Risk, Prudential Risk, Credit Risk
• Ability to leverage a global matrix structure to meet the UK business, regulatory, and customer requirements.
• Strong verbal and written communication skills, with an ability to independently draft and review key documents for internal and external consumption.
• We know the confidence gap and imposter syndrome can get in the way of meeting spectacular candidates. Please don't hesitate to apply.
  
  
  

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:

To learn more about our culture and community visit https://about.pypl.com/who-we-are/default.aspx

PayPal has remained at the forefront of the digital payment revolution for more than 20 years. By leveraging technology to make financial services and commerce more convenient, affordable, and secure, the PayPal platform is empowering more than 400 million consumers and merchants in more than 200 markets to join and thrive in the global economy. For more information, visit paypal.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.

As part of PayPal’s commitment to employees’ health and safety, we have established in-office Covid-19 protocols and requirements, based on expert guidance. Depending on location, this might include a Covid-19 vaccination requirement for any employee whose role requires them to work onsite. Employees may request reasonable accommodation based on a medical condition or religious belief that prevents them from being vaccinated.

REQ ID R0108205