Regulatory Reporting Specialist

The Company

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. 

We operate a global, two-sided network at scale that connects hundreds of millions of merchants and consumers. We help merchants and consumers connect, transact, and complete payments, whether they are online or in person. PayPal is more than a connection to third-party payment networks. We provide proprietary payment solutions accepted by merchants that enable the completion of payments on our platform on behalf of our customers.

We offer our customers the flexibility to use their accounts to purchase and receive payments for goods and services, as well as the ability to transfer and withdraw funds. We enable consumers to exchange funds more safely with merchants using a variety of funding sources, which may include a bank account, a PayPal or Venmo account balance, PayPal and Venmo branded credit products, a credit card, a debit card, certain cryptocurrencies, or other stored value products such as gift cards, and eligible credit card rewards.  Our PayPal, Venmo, and Xoom products also make it safer and simpler for friends and family to transfer funds to each other. We offer merchants an end-to-end payments solution that provides authorization and settlement capabilities, as well as instant access to funds and payouts. We also help merchants connect with their customers, process exchanges and returns, and manage risk. We enable consumers to engage in cross-border shopping and merchants to extend their global reach while reducing the complexity and friction involved in enabling cross-border trade. 

Our beliefs are the foundation for how we conduct business every day.  We live each day guided by our core values of Inclusion, Innovation, Collaboration, and Wellness. Together, our values ensure that we work together as one global team with our customers at the center of everything we do – and they push us to ensure we take care of ourselves, each other, and our communities.

Job Summary:

Working as part of the global Regulatory Governance and Reporting team, the role will manage Financial Regulatory Reporting obligations for PayPal Licensed entities

Job Description:

Essential Responsibilities:

• Collaborate internally to influence the quality and efficiency of entity management processes and programs.
• Determine appropriate actions outside of defined processes while considering alternative solutions.
• Oversee team performance and prioritize work to ensure effective project execution.
• Provide insights on best practices in corporate governance and legal compliance.
• Assist in maintaining accurate records and documentation for all legal entities and subsidiaries.

Minimum Qualifications:

• 3+ years relevant experience and a Bachelor’s degree OR Any equivalent combination of education and experience.

Job Description:

• Prepare accurate and timely regulatory reporting for PayPal licensed entities in compliance with financial regulation including financial, prudential, statistical and credit reports.
• Prepare actual and forecast internal regulatory metrics, primarily related to Safeguarding, Liquidity and Capital of licensed entities.
• Complete reconciliations of output against financial accounts ensuring any differences are remediated

• Collaborate effectively with key stakeholders including Regulatory Reporting Leadership, Finance Controllership, Finance Systems Leads, Data Technology, Treasury, Product, Compliance, Risk and Credit teams.
• Support integration of regulatory reporting changes originating from new regulation and new products.
• Manage the end-to-end data process to complete timely report production utilizing dedicated regulatory reporting applications and automation including AI.
• 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.
• Strive to create efficiencies in processes, in particular focusing on risk reduction through prioritizing automation and maximizing the use of AI technologies.
• Prepare and review detailed standard operating procedures and checklists focusing heavily on prescribed internal controls throughout.
• Prepare and present periodic updates to Finance Leadership.
• Challenge, resolve and communicate any issues to internal stakeholders, whilst adhering to the Enterprise Issue Management Policy
• Work with internal and external auditors ensuring all requests and any issues are addressed timely and accurately.      
• Assist the Global Regulatory Reporting and Governance team when required.

Requirements:

• 5 years + experience in Financial Institution and regulated business including payments/fintech/banking.
• High level of expertise in sourcing, interrogating and manipulating data in various forms/code from multiple systems/platforms.
• Technical knowledge dealing with multiple data systems and regulatory reporting applications, including experience with SAP and Regnology RRH or equivalent  
• Keen analytical and problem-solving experience with a strong focus on quality assurance of output.
• Experience in and ability to interpret EBA banking, payments and credit regulations relevant to UK, EU and globally is mandatory.
• Knowledge of local and international accounting standards.
• Strong interpersonal skills with excellent written and oral communication, 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.
• Actively contributes to a balanced and positive work environment.
• Ability to share information, transfer knowledge and expertise to team members.
• Strong process improvement skills.
• Support regulatory reporting activities across regions as business needs evolve.
• Ability to escalate issues and seek guidance as required.

Subsidiary:

PayPal

Travel Percent:

0

PayPal does not charge candidates any fees for courses, applications, resume reviews, interviews, background checks, or onboarding. When making an application directly, we will never ask you to share passwords, one-time passcodes (OTP), or verification codes.  Any such request is a red flag and likely part of a scam. All communication regarding your application will come from official PayPal email domains. If you suspect fraudulent activity, please report it immediately.  To learn more about how to identify and avoid recruitment fraud please visit https://careers.pypl.com/contact-us. 

For the majority of employees, PayPal's balanced hybrid work model offers 3 days in the office for effective in-person collaboration and 2 days at your choice of either the PayPal office or your home workspace, ensuring that you equally have the benefits and conveniences of both locations.

Our 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 comprehensive, choice-based programs, to support all aspects of personal wellbeing—physical, emotional, and financial—delivering meaningful value where it matters most. We strive to create a flexible, balanced work culture with a holistic approach to benefits, including generous paid time off, healthcare coverage for you and your family, and resources to create financial security and support your mental health.

Who We Are:

Click Here to learn more about our culture and community.

Commitment to Diversity and Inclusion 

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.  

Belonging at PayPal: 

Our employees are central to advancing our mission, and we strive to create an environment where everyone can do their best work with a sense of purpose and belonging. Belonging at PayPal means creating a workplace with a sense of acceptance and security where all employees feel included and valued. We are proud to have a diverse workforce reflective of the merchants, consumers, and communities that we serve, and we continue to take tangible actions to cultivate inclusivity and belonging at PayPal.

Any general requests for consideration of your skills, please Join our Talent Community.

We know the confidence gap and imposter syndrome can get in the way of meeting spectacular candidates. Please don’t hesitate to apply.