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Enterprise Risk Manager, Crypto in New York at PayPal

Date Posted: 8/28/2021

Job Snapshot

Job Description

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. We’re a purpose-driven company, and our beliefs are the foundation of how we conduct business every day. We’re guided by our core values of Inclusion, Innovation, Collaboration, and Wellness. Collectively, these values inspire us to work together as One Team with our customers at the center of everything we do, and to take care of ourselves, each other, and the communities in which we live and work. We challenge the status quo, ask questions, and find solutions. Join us as we enable the hopes, dreams, and ambitions of millions of people around the world.

At PayPal's Blockchain, Crypto and Digital Currencies (BCDC) business unit, we know that the best way to predict the future is to create it. If you want to help write the next chapter of money, join one of PayPal's most prominent new initiatives and work on a highly visible, cross-functional team of high performers, serial entrepreneurs, and crypto thought leaders. If you've worked in crypto before or simply have a passion for the potential of these emerging technologies, come join the PayPal BCDC team and take the rare opportunity to innovate at scale. Help hundreds of millions of customers and merchants worldwide accelerate toward a cashless, more inclusive, digital-first future.

We're looking for an Enterprise Risk Manager to work with the PayPal Treasury and BCDC teams to ensure that risks taken are quantified, transparent and within our firm's risk thresholds as PayPal moves into cryptographically-secured digital currencies.  You will be an essential member of the team helping ensure we use the right data, benchmarks and emerging best practices to manage key risks around this set of financial innovations.  In this visible role, you will guide meaningful decisions and have direct exposure to senior management across PayPal while driving the implementation of key initiatives related to risk management, reporting, analytics and governance.

Job Responsibilities:

  • Develop subject matter expertise and guide PayPal senior leadership regarding identifying, assessing, prioritizing, and optimally managing risk in the crypto markets
  • Build and implement BCDC’s risk management framework including policy, reporting and analytical insights related to risks at the group and entity level
  • Manage BCDC risk governance and reporting for PayPal’s Capital Risk Committee, including establishing and monitoring Risk appetite tolerances, key risk indicator limits and thresholds, stress tests, escalations, and notification procedures
  • Collaborate with Finance Internal Controls and Financial Risk Oversight (Second Line of Defense) teams to ensure controls related to covered risks are identified and codified for leadership visibility
  • Design and implement dashboard based reporting and tools to enhance BCDC and Treasury risk monitoring capabilities
  • Be a contributor in business strategy development for PayPal BCDC
  • Collaborate with team members and external partners to evaluate and assess new product, counterparty, and financial risk
  • Deliver strategic advice based on competencies across risk domains (operational, financial, strategic, technological, and regulatory)

Job Qualifications (required):

  • Relevant experience in an ALM/Treasury/Balance Sheet Management/ Finance/Risk Oversight
  • Entrepreneurial and enjoys taking ownership of projects and being accountable for results
  • Intellectually curious, proactive, and able to work both independently and in small teams
  • Strong quantitative finance experience, knowledge of markets and financial products
  • Strong financial analysis skills in Excel or Google sheets and quantitative ability
  • Demonstrated passion for cryptocurrencies and blockchain technologies
  • Able to develop initiatives through analytical and structured decision-making and execution
  • Ability to crystalize complex topics and present them to executive audiences
  • Comfortable with an agile and dynamic work environment

Job Qualifications (desired):

  • Previous capital markets experience in managing and developing trading businesses, lending desks, FX, rates and derivatives teams, hedge funds, asset managers, and exchanges is a plus
  • Previous experience or demonstrated interest in crypto is a strong plus. (For those with this experience, PayPal BCDC is the opportunity to apply your learnings to a platform of 403 million users)
  • Familiarity with data analytics and visualization tools like Looker or Tableau is a plus
  • Graduate degree in a quantitative field such as Economics, Finance, Accounting or Math is a plus, as is a professional certification such as the CFA charter

For more than 20 years, PayPal has remained at the forefront of the digital payment revolution. By leveraging technology to make financial services and commerce more convenient, affordable, and secure, our open digital payments platform gives PayPal’s 400 million active account holders the confidence to connect and transact in new and powerful ways. 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.

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