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

• Support the establishment of a UK entity with a primary focus on the Financial Regulatory Reporting Requirements to the Bank of England, Financial Conduct Authority and Prudential Regulation Authority

• Support license application requirements and validate related reporting obligations and detailed data requirements

• Support Finance and Regulatory system implementations including data integrations and related testing

• Collaborate with key stakeholders including Regulatory Reporting Leadership, Finance Systems, Data Technology, Financial Controllership, Treasury, Product and Credit teams

• Establish and manage monthly, quarterly and annual reporting submissions to Financial Regulators in the UK and Luxembourg primarily for the credit and e-money products

• Manage the end-to-end data process and business partners to complete timely report production utilizing dedicated regulatory reporting applications

• Ensure data integrity and controls with reconciliations to source systems and against financial accounts

• Resolve any exceptions through process improvements and holding data providers accountable for data quality

• Manage and support integration of regulatory requirements for new products and acquisitions by managing data requirements, process set up and transition to a sustainable methodology.

• Monitor the development of regulations in the UK and EU to ensure advance awareness and preliminary 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 concentrating 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.

Skills & Qualifications required

• 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 the UK, EMEA and globally

• Familiarity with local and international accounting standards

• Demonstrated ability to work effectively within cross functional and remote teams

• Technical experience dealing with multiple data systems and regulatory reporting platforms. Direct experience with SAP, FRS and Abacus 360 is an advantage

• 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

Core 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

• 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

We offer competitive salary and benefits – please view our benefits page for more information 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.