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Product Cash Manager in Luxembourg at PayPal

Date Posted: 1/27/2021

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    Luxembourg
  • Job Type:
  • Experience:
    Not Specified
  • Date Posted:
    1/27/2021
  • Job ID:
    R0065221

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 375 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.

The selected candidate will be a key member of PayPal’s Global Product Cash Management Team. In this role, you will support the execution of world-class product cash management activities and transformation projects, enabling PayPal to scale with its rapid growth while ensuring strong controls. The Product Cash management will partner closely with Product & Payments, Global Treasury and operational accounting team to ensure world class cash management process and chart out the future landscape of Global Product Cash Management.

Responsibilities may include, but are not limited to:

  • Support and provide oversight of day to day Global Cash Management ensuring compliance to Companywide and Treasury policies.
  • Manage and review account balances to support global Treasury and PayPal Business Units liquidity requirements, as well as Regulatory requirements. 
  • Facilitate regulatory and financial audit requests
  • Serve as a subject matter expert on individual products and associated customer cash needs; forecast cash requirements at an account and entity level, short and long term, and deliver reporting on these requirements to relevant stakeholders
  • Drive efficiency of day to day operations, exploring automation and transformation opportunities
  • Meet service level agreements for timely execution with zero defects
  • Partner with the Treasury Product Enablement team to understand the key product initiatives that will impact operational cash volume and/or require changes to the Treasury cash management infrastructure and capabilities in region
  • Support M&A Treasury integrations to PayPal ecosystem and onboarding of new payments
  • Partner with GCM Operations team to ensure integrity of data in Treasury Systems and Applications; and support updates/enhancements to systems and processes, including improvements to existing controls where required
  • Support balance sheet hedging and FX trading activities from a back-office perspective
  • Work on ad hoc projects as assigned

Required Qualifications:

  • Requires bachelor's degree
  • 5 + years of experience in a banking/financial institution or FinTech setting.
  • Ability to excel in a fast paced, highly analytical environment where multi-tasking and short timelines are met with consistent ability to achieve financial accuracy
  • Self-starter with strong communication skills
  • Advanced excel and power-point skills preferred
  • Demonstrated history of successful cross-functional collaboration with internal teams (to include Controllership, Tax, Legal, Product and Merchant organizations) to meet organizational needs in a rapidly growing business environment
  • Experience with Treasury Management Systems, preferably SAP, Quantum, FXALL, & online banking systems

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. If you are unable to submit an application because of incompatible assistive technology or a disability, please contact us at paypalglobaltalentacquisition@paypal.com.

R0065221

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