Credit Portfolio Management

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:

Reporting to the General Manager, Consumer Credit, this new role is critical in supporting the sustainable growth of PayPal’s Credit business across the UK, which offers both regulated and unregulated credit products to its consumers and merchants in those markets. It will focus on ensuring regulatory compliance guidance along with Credit Risk and Compliance strategies and relevant policies are understood, implemented and embedded. This is a dynamic role where understanding the PayPal two sided network and how Regulations support and impact consumers, merchants and PayPal is key.

Job Description:

Core responsibilities:

• Ensure compliance with FCA/EMI Subsidiary guidelines and business readiness at all times for Credit Business
• Manage and support the Credit Business, Marketing and Credit Risk functions in navigating Regulatory directives related to FCA initiatives such as Consumer Duty and the upcoming BNPL regulatory framework
• Manage and oversee all customer facing touchpoints and support BU and marketing functions as part of the launch and ongoing operation of the new Brexit independent EMI subsidiary
• The implementation of key regulatory deliverables in relation to the UK credit portfolio (PayPal Credit and BNPL)
• Manage and oversee customer Credit related activities which impact across Credit Risk, Customer Services, Collections and Marketing
• Provide functional leadership as a Credit SME between the Credit BU and PayPal’s Risk and Compliance organisation
• Collaborate with internal teams (such as the Marketing, Analytics, Legal, Compliance, Govvernment Relations, Program enablement, FLOD, Credit Risk, product leaders etc.) to identify clear steps necessary to implement regulatory developments and mitigate related risks
• Manage Business reporting of credit risk and compliance initiatives across UK and Global management committees.
• Monitor relevant regulatory developments and changes and advise the Credit Team of potential impacts

Experience required:

• 3+ years experience gained in a Financial/Operations organisation in a Credit Regulatory related role
• Good knowledge of FCA credit requirements plus appreciation of broader regulatory landscape
• Experience in partnering with and counseling senior business clients, particularly in the context of a rapidly changing and growth-oriented environment
• Strong project management skills and change management experience.
• Good analytical skills

Qualifications required:

• Bachelor’s degree is desirable but not essential.

Skills & Abilities required:

• Ability to prioritise, manage resources and focus on delivery
• Strong communication skills in all formats (verbal, written) and ability to effectively communicate with all levels within the organisation.
• Ability to build and manage relationships with merchants and third party vendors
• An enthusiastic team player whilst able to ‘self start’ and work independently
• High levels of integrity/trust with strong ethics and values
• Enthusiastic and resiliant with the ability to work on own initiative as well as take direction
• Ability to work within a matrix environment and cross functionally with commercial, operations and regulatory functions
• Ability to interpret data and collate information

Knowledge required:

• Knowledge of UK Consumer Credit Market and Regulatory Environment
• Proficiency in external systems (Internet, Office Applications- particularly PowerPoint).
• Possesses Business acumen
• An understanding of the UK Payments Industry is desirable but not essential

Additional Job Description:

Subsidiary:

PayPal

Travel Percent:

0

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 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.

Any general requests for consideration of your skills, please Join Our Talent Community.

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.