Senior Risk Strategies Manager in Wilmington at PayPal

Date Posted: 8/30/2018

Job Snapshot

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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 244 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 Senior Risk Strategies Manager supports the Director of Risk Strategies in managing, directing and controlling lending activities in the areas of targeting, credit strategies, credit operations, underwriting and loss mitigation for Business Financial Solutions. This role will manage a team of Risk Strategy Analysts and work together with other Risk Strategy Managers to develop, execute and optimize lead stage, application stage, and existing account stage credit and risk strategies for Business Financial Solutions.

  • Manages a team of analysts to develop, implement, track and optimize targeting, underwriting, and existing account strategies to improve portfolio risk, profitability, forecasting accuracy and operational performance.
  • Targeting strategies may include but are not limited to, risk knockouts, and pre-approvals strategies.
  • Underwriting strategies may include but are not limited to automation, risk rating, eligibility, risk based pricing, credit line assignment, consumer and business verification, and intentional misuse / credit abuse strategies.
  • Existing account strategies may include but are not limited to delinquency methodology, collections, credit bureau refresh, renewal eligibility, and asset quality. 
  • Manages the team's analysis of internal and external data sources, models and scorecards, and other criteria used to determine the ability to repay, credit worthiness, and other conditions of a small business that support the overall lending philosophy.
  • Monitor and analyze asset quality, and drive deep-dive analytics to identify trends based on economic and portfolio conditions, and recommending strategic enhancements to maximize the risk vs. reward tradeoff for the business unit.
  • Partner closely with Product and Portfolio General Managers, influences strategic direction and develops tactical plans to achieve strategic business and client objectives.
  • Create business partnerships across the enterprise to enhance value proposition, improve customer experience and strengthen regulatory and compliance alignment.
  • Influences strategic direction and develops tactical plans.
  • 7+ years Strategy Management experience preferred.

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.