Director , Venmo Risk

PayPal
New, CA Full Time
POSTED ON 3/20/2023 CLOSED ON 4/1/2023

What are the responsibilities and job description for the Director , Venmo Risk position at PayPal?

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.

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Summary:

The Venmo Risk Strategy team is at the front line of identifying and targeting fraud to keep tens of millions of Venmo users secure and engaged. Together, we are accountable for the logical and statistical solutions that detect, prevent, and mitigate financial risk in real time across all Venmo products and payment flows. We are looking for a new Director level manager to lead our team!

Job Description:

As the Venmo Risk Strategy Director, you will:

  • Lead a team of >25 talented Risk decision scientists and Risk Strategy managers, each of them responsible to mitigate financial fraud in a different part of the business using analytical and statistical tools. You will also be responsible for their growth career development, for headcount planning, manager development, and for guiding overall work prioritization.

  • Own a key business metric that impacts Venmo's bottom line - our fraud exposure budget.

  • Keep Venmo safe from new fraud vectors while our company grows, and as we launch new products, merchant integrations, and unique financial services.

  • Lead yearly and quarterly planning for Financial Risk mitigation at Venmo across various dependencies, including budgeting, coordinating, and prioritizing large scale projects.

  • Work across Venmo and PayPal to advance the abilities and platforms for financial fraud mitigation - including Product, Engineering, Data Science, Operations, Finance, Marketing, and Leadership.

Requirements

  • Typically requires a minimum of 15 years of related experience with a Bachelor's degree; or 12 years and a Master's degree; or a PhD with 8 years experience; or equivalent experience in an analytical, mathematical, or technological field.

  • Experience acting as Senior Manager, Director, or equivalent

  • 6-10 years of experience in people management, including people development, manager development, talent retention, and headcount planning

  • Experience in financial planning, roadmap planning, and roadmap execution across multiple teams and functions

  • Experience in collaborating effectively with various functions

  • Excellent verbal and written communications skills, as well as strong organizational skills

Preferred Qualifications

  • Experience in Financial Risk management, especially in Consumer Fraud

  • Experience in fintech / online payments platforms, especially mobile payments

  • Strong analytical abilities, including effectively translating and communicating analytical results to leadership

  • Experience in leading teams through dynamic situations

  • Experience leading large teams across multiple locations and time zones

  • Acting as a Director level in a previous role

Additional Job Description:

Subsidiary:

PayPal

Travel Percent:

0

  • 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'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 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:

Click Here to learn more about our culture and community.

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's commitment to employees' 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.

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