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.
Primary Responsibilities:
Manage and complete monthly, quarterly and annual reporting submissions to Financial Regulators in EMEA, primarily for the credit business and Anacredit obligations
Manage the end-to-end data process and business partners to complete timely report production utilizing dedicated regulatory reporting applications including FRS and Abacus 360
Ensure data integrity and controls with reconciliations to source systems and against financial accounts
Resolve any exceptions through process improvements and holding credit data providers accountable for data quality
Collaborate with key stakeholders and Leadership in Regulatory Reporting, Data Technology, Financial Controllership and Credit teams
Project manage and support the integration of regulatory requirements for new products and acquisitions by managing data requirements, process set up and transition to a sustainable methodology
Implement and own regulatory reporting production and delivery systems including roadmap
Manage vendor relationships, budget and service delivery for reporting applications. Manage system upgrades, changes, regression testing and transition to production environment
Monitor the development of regulations in EMEA to ensure advance awareness and preparatory tasks are undertaken early to implement foreseen changes
Liaise with Regulators on new publications and enquiries regarding regulatory compliance
Strive to create efficiencies in processes, in particular focusing on risk reduction through automation and maximizing the use of existing functionality
Review and manage detailed risk based operating procedures and checklists focusing heavily on internal controls throughout
Prepare and present periodic updates to Finance Leadership
Challenge, resolve, and communicate any issues to internal stakeholders
Liaise with internal and external auditors ensuring all requests and any issues are addressed timely and accurately
Assist the Global Regulatory Reporting and Governance team in any related initiatives outside of EMEA
Qualifications/Skills:
Qualified accountant, preferably with a Big 4 background and 5+ years’ professional experience in e-commerce/payments/financial services industries
High level of expertise in sourcing, interrogating and manipulating data in various forms/code from multiple systems/platforms
Keen analytical and problem-solving experience with a strong focus on quality assurance of output
Understanding of regulations affecting the Banking, Payments and Credit industries across EMEA and globally
Familiarity with local and international accounting standards
Key Competencies
Excellent written and oral communication and interpersonal skills with fluency in English mandatory
Attention to detail and the ability to prioritize and deliver in a fast paced and dynamic environment with a high degree of personal accountability, integrity and trust
Demonstrated ability to work effectively within cross functional and remote teams
Good sense of humour and ability to create and maintain a balanced, positive work environment
Strong process improvement skills
Ability to work autonomously and as part of a team
Ability to share information, transfer knowledge and expertise to team members
Willingness to take on additional Regulatory Reporting work unrelated to EMEA
Ability to escalate issues and seek guidance as required
Competitive salary and benefits on offer - for a full list of our benefits please visit - https://www.paypalbenefits.com/ire
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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