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Treasury Manager in Singapore at PayPal

Date Posted: 3/26/2020

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 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.

PayPal Treasury is seeking a driven and analytical Treasury manager with relevant experience to support our International activity and be part of our expanding operations internationally, including new acquisitions in China. Successful candidates will need the ability to work in a dynamic and ever-changing environment remaining focused on risk, bottom line results and to comply with the requirements of the local regulators.

Job Responsibilities:

  • Be a part of the International Treasury team working to expand the PayPal Brand through involvement in new product and market launches
  • Primary focus will be assisting with the expansion and set up of the PayPal network into China following our recent acquisition of a Chinese payments company
  • Work closely with our China treasury team for smooth execution of customer funds both from export sellers and import buyers onshore
  • Partner with our China Payment, Product and Engineering teams to ensure that the suitable relationships are established with our banking partners to optimise funds flow and reduce risks throughout our cross-border business
  • Enhance existing internal processes to reduce risk within the complex PayPal ecosystems
  • Integration of newly acquired businesses in China and APAC into PayPal and standardising governance and processes throughout
  • Collaborate with our key internal stakeholders to ensure Treasury is involved in the key decision making processes and to ensure correct support can be provided on new initiatives
  • Work with the Global Treasury team to identify opportunities for investment or revenue generation and ensuring good communication back to the Treasury Capital Markets and Cash management teams to assist in implementation
  • Work with the China treasury team and internal stakeholders to set up new cash management processes to support our growing business
  • Monitoring local regulatory ratios, particularly capital and liquidity requirements, and establishing action plans to demonstrate continued compliance in every market
  • Ensure necessary agreements and documents are in place with our partners to ensure smooth operations throughout the region, i.e. KYC, Cross Border Authorizations, Currency Control Approvals
  • Develop and Maintain key Treasury reports to monitor and track the key metrics in the region
  • Assist with the Treasury Workstation enhancement initiatives
  • Prepare presentations and reports to Senior Management and Board of Directors
  • Operate within the Treasury Governance policies at all times and be aware of individual responsibilities around risk management i.e. Liquidity risk, FX Risk, Counterparty risk, etc.

Job Requirements:

  • Requires bachelor's degree or equivalent, a strong track record of Treasury Management or related experience
  • 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
  • Strong project management skills
  • Ability to collaborate outside of Treasury organization as Company evolves processes and strategy to new global standards
  • Strong business acumen with analytical and problem-solving skills
  • Proven track record in cash and liquidity management, forecasting and capital planning
  • Strong communication skills and experience interacting with all levels of Management
  • Ability to work independently
  • Previous experience / comfort around working in in a global environment with dispersed teams across time zones, exposure to Chinese markets would be advantageous
  • Familiarity with global liquidity management and risk management structures
  • Mandarin speaker would be a benefit

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