Director, Treasury New Products
5 days ago
**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 Description**:
**Meet our team**
- The Treasury New Products function supports new initiatives across PayPal globally, serving as a primary point of entry for Product and Commercial teams and enabling successful product delivery.
- The Treasury New Products team will represent Treasury for all new initiatives impacting liquidity strategies and account structures. The team partners with various departments (Product Engineering, Payment Operations, Sales, Legal, Compliance, Finance, and Technology) to design settlement models and liquidity structures for PayPal's products and services, organic or acquired.
**Your way to impact**
- You will collaborate with cross-functional and cross-regional teams to create a Treasury product intake and assessment process
- You will integrate Treasury into product design and execution, and support the implementation of relevant Treasury control frameworks and policies.
**Your day-to-day**
In your day-to-day role you will:
- Act as the main point of entry for Product, Commercial and Engineering teams within Treasury for key business initiatives
- Advise on product development and co-lead design of settlement and money movement from a Treasury perspective
- Collaborate with Treasury leaders and SMEs from cross-functional teams such as Risk, Tax, Legal, Accounting, Operations, Technology as relevant, to assess product impact and define any new Treasury related risks and mitigating control requirements
- Co-develop with peers a Treasury assessment framework to support new products and business growth
- Understand PayPal's payment products, partners, and roadmap as well as fit into Treasury Product Liquidity operations and account structures
- Manage product/go-to-market initiatives and coordinate with Treasury Product Liquidity and Bank Admin Operations for change management and/or execution implementation
- Ensure Treasury requirements (data, systems, processes, regulatory compliance) are embedded in product development
- Provide regular status updates to senior management and stakeholders
**What do you need to bring**
- Proven track record of dealing with multiple stakeholders and ability to influence and drive initiatives from conception to successful execution, ensuring timely delivery and compliance.
- Demonstrated experience leading assessments of new products or deal reviews
- 8+ years of experience in treasury banking services or product development
- In-depth knowledge of global payments industry product, services and market dynamics
- Strong knowledge of regulations that pertains to payments and treasury operations in different jurisdictions
- Excellent verbal and written communication skills to effectively convey ideas and collaborate with stakeholders
- Ability to lead and influe
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