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Sr. Director, FX Product & Risk Mgt
PayPal Inc., Austin
At PayPal (NASDAQ: PYPL), we believe that every person has the right to participate fully in the global economy. Our mission is to revolutionize commerce globally to make moving money, selling and shopping, personalized and secure.Job Description Summary:Sr. Director, FX Product and Risk ManagementJob Description:PayPal is a global company operating in the competitive and dynamic Payments Industry; operating in over 200 countries and managing over 160 currencies. Head of FX Product and Risk Management ("FX leader") is a highly visible leadership role within PayPal's Treasury function, overseeing all aspects of foreign exchange, including risk management, pricing, trading, and product support. FX leader will drive the design and execution of hedging programs to manage FX risk for the company, reducing earnings volatility from changes in FX rates. FX leader is also responsible for overseeing the FX trading activity to provide liquidity for cross border transactions and corporate flows supporting cash management.In addition, FX leader will collaborate closely with Product and Platform leaders to co-develop PayPal's Enterprise FX strategy and actively participate in a cross-functional team to deliver on that strategy including the strategic planning, prioritization, decisioning, and execution. The FX leader will also manage the team setting FX rates for PayPal products and delivering new rate experiences for customers.The FX leader will provide leadership in building and training a high performance, global team operating across multiple time zones. FX leader's responsibilities will include:Manage group wide FX risks and reduce earnings volatility through cash flow, balance sheet, and net investment hedging programsWork closely with internal Treasury teams (Global Cash Management, Investment, and International Treasury teams) to provide liquidity through FX trades in addition to broader finance teams (Tax, Accounting) to align on trading strategiesPartner with the Finance Technology Enablement team on Treasury transformation roadmap to identify key initiatives that will require changes to the Treasury infrastructure and capabilities and determine the execution strategy (e.g. FX back to back trading strategy)Partner with Product, Corporate Development, Finance M&A and Treasury M&A teams to support potential acquisition and integration activityPartner with FP&A and Controllership to build and maintain an FX P&L and monthly operating review with senior leadership to deliver information, insights and action plansDevelop the team's reporting and analytics capabilities to monitor FX performance to develop insights to support actionsEnsure appropriate governance and operating policies are in place to maintain a robust control environment minimizing risk or errorsBuild collaboration with Product, Platform, Global Strategy, Strategic Finance, Marketing, Sales and other key organizations to set our near term and long-term FX Product strategy and related roadmapPartner with the Go-to-Market team on launching new products and modifying existing FXproductPartner with the FX Operations team, responsible for setting our FX pricing and identifying opportunities to drive economic valuePartner with our Common Platforms and Product teams to support the technology operations and development of FX product-related capabilitiesManage trading relationships with bank counterparties, as part of the broader bank relationship strategy.Required Qualifications:15 years' experience in the payments, banking or a related industry with specialty in FX product and risk management;Proven leadership and team management skills;Bachelor's degree or equivalent, MBA a plus;Ability to excel and lead in a fast paced, global and innovative environment;Strong communication skills, including strong data visualization skills;Ability to build support for change, including the ability to explain the "why";Ability to translate desired outcomes into a detailed plan; andAbility to work independently; yet collaborate across functions and teams to drive results.Working knowledge of finance systems (Quantum, SAP) and trading venues a plusAdditional Job Description:Subsidiary:PayPalTravel Percent:10-PayPal is committed to fair and equitable compensation practices.Actual Compensation is based on various factors including but not limited to work location, and relevant skills and experience.The total compensation for this practice may include an annual performance bonus (or other incentive compensation, as applicable), equity, and medical, dental, vision, and other benefits. For more information, visit https://www.paypalbenefits.com.The U.S. national annual pay range for this role is$143400 to $285450Our Benefits:At PayPal, we're committed to building an equitable and inclusive global economy. And we can't do this without our most important asset-you. That's why we offer benefits to help you thrive in every stage of life. We champion your financial, physical, and mental health by offering valuable benefits and resources to help you care for the whole you.We have great benefits including a flexible work environment, employee shares options, health and life insurance and more. To learn more about our benefits please visit https://www.paypalbenefits.comWho We Are:Click Here to learn more about our culture and community.PayPal has been revolutionizing commerce globally for more than 25 years. Creating innovative experiences that make moving money, selling, and shopping simple, personalized, and secure, PayPal empowers consumers and businesses in approximately 200 markets to join and thrive in the global economy. For more information, visithttps://www.paypal.com , https://about.pypl.comand https://investor.pypl.com.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 [email protected] general requests for consideration of your skills, please Join Our Talent Community.Notice to Applicants and Employees who reside within New York City. Click here to view the notice.