Job Description

At PayPal (NASDAQ: PYPL), we believe that every person has the right to participate fully in the global economy. Our mission is to democratize financial services to ensure that everyone, regardless of background or economic standing, has access to affordable, convenient, and secure products and services to take control of their financial lives. Summary: The Director of Commercial Lending Credit Risk is responsible for building a robust commercial lending framework focusing on developing financial statement underwriting capabilities. : What you need to know about the role

• The Director of Commercial Lending Credit Risk is responsible for identifying and mitigating risks associated with commercial lending activities.
• Ensure that the credit risk of the Global Merchant Lending (GML) programs leveraging financial statement analysis, is managed effectively and efficiently.

Your way to impact

• This position will directly impact the GML business by delivering a new set of capabilities that will enable overall growth of the commercial lending portfolios, while effectively managing credit risk.
• The core objective is to deliver credit risk strategies based on leveraging bank statements, income statements, and balance sheet statements in both a systemic and manual underwriting environments.
• You will report directly to the Senior Director of GML Credit Risk under the VP - Chief Credit Risk Officer
• The GML Credit Risk team directly supports the GML Business Unit and other relevant key stakeholders across PayPal\'s Consumer, Merchant, Credit, and Payments Business Units.

Your day-to-day

• Develop, implement, and maintain credit risk management policies and procedures for commercial lending activities.

• Review and analyze commercial loan applications and financial statements to assess creditworthiness and identify potential risks.
• Work closely with the credit department to establish appropriate credit limits, terms, and conditions for commercial loans.
• Monitor the credit quality of the commercial loan portfolio and take corrective actions as necessary.
• Ensure compliance with regulatory requirements, industry standards, and internal policies and procedures.
• Collaborate with other departments to ensure that credit risk management practices are integrated into business processes.
• Provide training and support to staff members on credit risk management practices and procedures.
• Develop and maintain relationships with external stakeholders, such as regulators, credit rating agencies, and industry associations.
• Conduct risk assessments and prepare reports for senior management and the board of directors.
• Keep up-to-date with industry trends, best practices, and emerging risks related to commercial lending.

What do you need to bring

• A bachelor\'s or master\'s degree in business, finance, economics, or a related field.
• Typically requires a minimum of 15 years of related experience with a Bachelor\xe2\x80\x99s degree; or 12 years and a Master\xe2\x80\x99s degree; or a PhD with 8 years experience; or equivalent experience. Significant barriers to entry (e.g., top management review, approval) exist at this level.
• Several years of experience in commercial lending, credit risk management, or a related field.
• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal skills.
• Knowledge of financial markets, credit risk analysis, and regulatory compliance.
• Familiarity with financial modeling and risk management software.
• Ability to work independently and as part of a team.
• Professional certifications, such as the Chartered Financial Analyst (CFA), Certified Credit Professional (CCP), or Risk Management Association (RMA) certification, may be an advantage.

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 $120300 to $287100 Our Benefits:
At PayPal, we\xe2\x80\x99re committed to building an equitable and inclusive global economy. And we can\xe2\x80\x99t do this without our most important asset\xe2\x80\x94you. That\xe2\x80\x99s 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.com

Who We Are:
To learn more about our culture and community visit https://about.pypl.com/who-we-are/default.aspx

PayPal has remained at the forefront of the digital payment revolution for more than 20 years. By leveraging technology to make financial services and commerce more convenient, affordable, and secure, the PayPal platform is empowering more than 400 million consumers and merchants in more than 200 markets to join and thrive in the global economy. For more information, visit paypal.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 paypalglobaltalentacquisition@paypal.com. As part of PayPal\xe2\x80\x99s commitment to employees\xe2\x80\x99 health and safety, we have established in-office Covid-19 protocols and requirements, based on expert guidance. Depending on location, this might include a Covid-19 vaccination requirement for any employee whose role requires them to work onsite. Employees may request reasonable accommodation based on a medical condition or religious belief that prevents them from being vaccinated.