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Senior Manager, PP & E in Shanghai at PayPal

Date Posted: 6/28/2020

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 305 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.

• Managing PayPal’s relationships with external Chinese payments partners (banks, processors, networks) • Working with internal stakeholders in Finance Treasury, Products, Engineering, Sales, Marketing and other function teams, to support growth, and consulting on strategic elements that impact payments revenue growth • Support implementation of complex major banks, other payment institutes and payment network partnerships alongside the Director for Payments, China • Report directly to, and supports, the Director, International Markets Payments, China

China payment partners management:

  • Preparation of regular Quarterly Business Reviews and irregular settlements between Products, Engineering, Ops team, Card Networks and other local payment institutes for resolution and performance improvement meetings
  • Manage enquiries from PayPal’s Business Operations about discrepancies of funding data and actual settlements
  • Coordination between PayPal China, regional and global teams and payment networks (UPI, CUP, NUCC, Visa, MC, AE, etc.), banks, other payment institutes and processors
  • English translation of simple documents received from card networks and our processors for product platform teams to action

Bank partners management:

  • Manage business development opportunities with new and existing bank partners to drive for the growth of both PP consumer and merchant base and deeper engagement
  • Drive the sourcing and delivery of new products and payment partnerships that optimize our KPI's of transaction expense and revenue enablement
  • Manage a portfolio of payment network, FI or Non-FI partnerships in China and be the first point of contact for the relationship and the PayPal business
  • Analysis and optimization of our payment solutions and make recommendations to improve success rates, STP rates and lower costs
  • Negotiate contracts with local service providers, payments partners and FIs
  • Be the payments expert for the local business and the face of PayPal to the payment industry participants including banks, networks, and schemes
  • Strategize on the future of payments in the China market and develop plans to partner with industry players to further digitize and democratize payments

Ongoing payments business management:

  • Support FX Meetings with direct debit banks (current or prospective)
  • Reply to various emails from SNG, FIs, and within PP asking simple clerical information
  • Commercial contract preparation, negotiation, support and management
  • Distribution of various documents to vendors, partner.
  • Basic Qualifications:
  • BS/BA degree required
  • Minimum 15+ years professional experience in Chinese payments at a bank, network, processor or consultancy with a strong emphasis on retail and/or card payments, cash management solutions and partner management
  • Experiences or certificates in banks or payment institutions with Foreign Exchange related is a big plus
  • Track record of working with cross functional groups to identify payment market needs and facilitating solution development
  • Attention to details and management of ongoing processes and problem solving ability
  • Customer centric mindset
  • Knowledge of payment industry including payment technologies, payment types, payment experience, transaction processing, risk & fraud related industry trends and know-how
  • Understanding of key payment regulations and other related regulations is important
  • Fluent in English and Chinese with additional language skills a plus.

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.

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