Country Leader, Hong Kong , KR and TW in Hong Kong at PayPal

Date Posted: 8/25/2019

Job Snapshot

Job Description

Fueled by a fundamental belief that having access to financial services creates opportunity, PayPal (NASDAQ: PYPL) is committed to democratizing financial services and empowering people and businesses to join and thrive in the global economy. Our open digital payments platform gives PayPal’s 286 million active account holders the confidence to connect and transact in new and powerful ways, whether they are online, on a mobile device, in an app, or in person. 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 is seeking a Country Manager for Hong Kong/Taiwan and Korea. Reporting directly to the North Asia VP, he/she will be responsible for identifying and developing new business opportunities for the 3 markets, and negotiating agreements with key external stakeholders including the local government officials or agencies, key business partners, etc. This senior executive will also be responsible for developing similar relationships with partners who help facilitate trading and consummate transactions between users including technology providers, financial institutions, etc with the objective of establishing PayPal as the leading online, mobile and offline payment service in Hong Kong, Taiwan and Korea, and maximizing market share and profitability.

Major Responsibilities

  • Define and implement the business strategy to drive and maximize growth within the Hong Kong, Taiwan and Korea market and establish the company as the leading payment solution provider.
  • Responsible for the overall P&L of the business including establishing business and revenue goals and strategies in coordination with the North Asia VP and the BU management team.
  • Work with key regulatory bodies and external parties to ensure that the company obtains the necessary regulatory approvals and ensure that the business is in compliance with local laws and regulations.
  • Representing the company both internally and externally to communicate key business objectives, build partnerships and seek resources.
  • Partner with all eBay Inc. affiliates to cross/up-sell both on-eBay and off eBay user base, for merchandise as well as payment volume.
  • Working with colleagues across the APAC and global organization to ensure adequate resources are secured to achieve business goals.
  • Drive “operational excellence” by leveraging regional infrastructure to maximize efficiency and synergy of the organizations
  • Coordinating with counterparts globally to contribute to international initiatives and sharing best practices.
  • Leading and motivating a team of senior managers with diverse backgrounds, as well as knowing how to attract, recognize, and reward outstanding people.

WORK EXPERIENCE & SPECIFIC CRITERIA

The ideal candidate for the role of Country Head of Hong Kong, Taiwan and Korea must have a relevant track record of engaging senior-level executives in sustained business relationships – a proven rainmaker, business generator and closer who is able to develop relationships that lead to profitable business. In addition he / she must have:

  • High level strategic capability with insights to future influences on the business coupled with good analytical and decision making skills.
  • Appropriate industry knowledge of payments and eCommerce. Experience in M&A, business partnerships, risk management and regulatory requirements would be advantageous.
  • Knowledge of at least two of the following areas: Financial Services, Banking, Payments, Retail & Online Commerce, Internet Portals, Social Networking, Social Gaming, Mobile.
  • Must have an excellent command of both verbal and written English.  Cantonese and / or Mandarin speaker and knowledge of the China market is highly desirable.
  • Must have an undergraduate degree in an appropriate discipline and a MBA qualification from a highly regarded institution.

Ideal Experience

  • Proven and successful track record of business leadership: Fifteen or more years relevant business and leadership experience in a dynamic multi-cultural environment including 12 years plus experience in a p/l management capacity within a leading organization. A strong track record of growing profitable businesses that have achieved sustainable growth and have a strong client focus. Proven results in business development including being responsible for devising and implementing both the strategic vision and investment plan for the business and ensuring proper investment in resources (people, capital, technology) for the growth of the group. Outstanding leadership skills, having led teams with the ability to attract, engage and retain high quality staff. Core and scaled management and leadership with the drive to contribute directly to the business – not just preside over it.
  • Relationship Management: Demonstrable track record of targeting, initiating, developing, leading, retaining and enhancing client and partnership relationships in the markets of Hong Kong, Taiwan and Korea in addition to providing advice and guidance with regard to product development to facilitate new product ideas and value-added solutions. Ability to enhance their stature and credibility by building high quality, trusted and long lasting partnerships and relationships with key constituents, internal and external, including prospective and existing clients, regulators and stakeholders, through a strong existing network and relationship building skills. They will have outstanding personal credentials, reputation and professional credibility within the local markets and be an individual with unquestioned integrity and ethics.

Critical Competencies for Success

  • Organizational Leadership: In order to be able to make an immediate contribution to the business, this executive will have built a strong career and reputation as an outstanding leader of people, including the ability to recruit, motivate and retain high caliber, high performing professionals.  This individual must be able to quickly build consensus and inspire loyalty amongst staff to the company, all while driving a more entrepreneurial culture.  This will be achieved through:

Strong, non-hierarchical leadership and a genuine commitment to mentoring, coaching and developing a team capable of meeting aggressive business targets; Possessing the sophistication, knowledge and professional presence that inspire trust and confidence. This individual must be able to work effectively with other areas from within the company. The successful candidate will be a skilled communicator who can develop relationships with people at all levels and within an environment where there are multiple stakeholders with priorities and agendas that may at times differ; Recognizing that a team is stronger than an individual when talking to clients who are increasingly sophisticated; Being robust, commercial and straight forward but diplomatic and sensitive to other’s opinions. Able to stand his/her ground in a constructive and appropriate fashion but then support the team decision whole heartedly and take collective responsibility; Embracing ambiguity inherent in multi-cultural dynamics, and create an atmosphere of professionalism, cohesion, and teamwork amongst one’s colleagues.

  • Commercial Acumen: A successful candidate would be an entrepreneur who thrives on the challenge of driving a business. The success of the Country Head will be measured by revenues and new business won. This individual must be constantly initiating and building relationships while leveraging all of the resources within the company to support, enhance and drive the business. Consequently, in a highly competitive market the right candidate must grow the business by:

Leveraging their own network as well as that of the company to develop strategic and profitable relationships and partnerships; Establishing and providing best in class solutions and services; Possessing real and broad transaction experience and industry knowledge in addition to high-level ‘door opening’ relationship management skills; Being recognized as having professional credibility as a business leader in Hong Kong, Taiwan and Korea.

  • Strategic Leadership: This executive will establish and achieve the company’s growth targets through being a thought leader and strategic business driver in the long term, as well as identifying and executing quickly on key priorities in the short term. As the senior executive responsible for setting the vision and strategy for the business, this individual will:

Exhibit a demonstrated ability to identify existing and new opportunities, customers and partners within the market that have the highest potential for the company in a rapidly growing environment where sales are driven by relationships and trust; Possess the intellectual horsepower to formulate strategic plans, advocate for them clearly, and to execute against them via a practical approach which will drive rapid growth and profitability; Be entrepreneurial enough to be able to seek out creative solutions to address issues that might arise while remaining commercially aware of the overall impact of such solutions on the company as a whole; Possess strong influencing, problem solving, and decision making capabilities. Take a proactive role in keeping abreast of the current regulatory environments within Hong Kong, Taiwan and Korea, and provide information and advice on a timely basis to relevant stakeholders, paying special attention to the changing regulatory landscape and its potential impact on the business operations.

Other Personal Characteristics

  • High energy with the ability to thrive in a non-stop, high intensity environment.
  • Relishes challenges and prevails in difficult operating environments.
  • Entrepreneurial, independent, mature, energetic, assertive, passionate and proactive, with ambition to build a business.  Can handle ambiguity with the capability to make effective decisions and balance tradeoffs.
  • Detailed, analytical, and in particular, hands-on, with excellent organizational and planning skills, while also possessing abilities in strategic thinking.
  • Capable of providing passionate, ethical, disciplined and committed leadership within a fast-paced, dynamic and challenging, organizational environment.
  • Sense of humor, friendly/outgoing, easy to work with, team player.
  • Unquestioned personal integrity and professional ethics.

We're a purpose-driven company whose beliefs are the foundation for how we conduct business every day. We hold ourselves to our One Team Behaviors which demand that we hold the highest ethical standards, to empower an open and diverse workplace, and strive to treat everyone who is touched by our business with dignity and respect. Our employees challenge the status quo, ask questions, and find solutions. We want to break down barriers to financial empowerment. Join us as we change the way the world defines financial freedom.

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.

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