Director Product Management jobs at Paypal in Luxembourg, Luxembourg

Essential Responsibilities:

• Establish a shared vision across the company for one or more products, or a platform product enabling development & scalability, with a deliberate and cohesive strategy.
• Leads product strategy development, and develops a clear, executable view of the product strategy with cross-functional stakeholders.
• Influences the architectural roadmap and balances innovative design and technical implementation, while balancing regulatory requirements, time-to-market, meeting customer needs and product profitability.
• Champions the customer experience and prioritizes customer needs in product requirements and decision making.
• Defines and uses metrics that inform the success of products including usability studies, research and market analysis.
• Standardizes workstreams to include analytics, customer discovery, market research and competitive analysis to drive data-driven decision-making.
• Responsible for product profitability, including budgetary decisions.
• Leads operational mechanisms that drive execution and accountability including Product Reviews, Operating Reviews, and Business Reviews. Interfaces with senior leadership as needed.
• Maximizes efficiency in a constantly evolving environment where the process is fluid and creative solutions are the standard.

Expected Qualifications:

• 10+ years relevant experience and a Bachelor’s degree OR Any equivalent combination of education and experience.
• 2 years of experience leading others

Key Responsibilities:

• Product Strategy and Vision:Own the product vision and roadmap for bank payment flows in Europe (SEPA Credit Transfer, SEPA Instant, SEPA Direct Debit, etc), collaborating closely with our Banking Ops, Treasury, Risk, and Compliance functions.

• Regulatory Compliance:Translate complex regulatory frameworks (PSD2, PSD3) into actionable product requirements.

Our Benefits:

Any general requests for consideration of your skills, please

KeyResponsibilities:

• Provide second-line oversight for data management frameworks, ensuring that first-line teams execute processes that achieve consistent, accurate, and reliable risk data. Validate compliance with BCBS 239 principles and regulatory expectations such as timeliness, completeness, and integration of risk data systems.
• Ensure appropriate implementation of data management related governance structures, ensuring proper ownership, accountability, and effective control measures. Recommend refinements to internal processes to address gaps and enhance compliance readiness.
• Ensure first-line teams maintain scalable and efficient IT systems, data architecture, and automated workflows that meet ECB supervisory standards and industry best practices. Provide oversight to validate disaster recovery measures and system resilience under adverse conditions.
• Leverage risk reviews, stress-testing methodologies, and predictive analytics to assess data performance and aggregation effectiveness. Advise first-line teams on enhancements to elevate reporting quality andresponsiveness.
• Conduct gap analyses to evaluate alignment between first-line data governance practices and ECB requirements. Recommend and monitor corrective action plans to address identified deficiencies and ensure compliance readiness.
• Review and validate data governance policies and procedures developed by first-line teams, ensuring alignment with second-line expectations and regulatory standards. Partner with relevant stakeholders to ensure policies are seamlessly integrated into workflows across the European entity.
• Engage with PPEU and Global, Compliance, Technology, Legal, and Finance functions to foster a collaborative oversight process. Act as a key intermediary for regulators, auditors, and consultants, ensuring transparency and alignment with supervisory expectations.
• Oversee the quality and timeliness of regulatory reporting and risk metrics prepared by the operational teams, providing assurance that deliverables meet BCBS239 and ECB expectations. Proactively identify opportunities for refinement and process improvement in reporting practices.
• Establish oversight mechanisms, key performance indicators, and internal monitoring processes to evaluate the effectiveness of data governance practices and ensure sustained alignment with BCBS 239 principles.

Ideally, you'll have

• Bachelor’s or Master’s degree in Finance, Business Administration, IT, Data Management, or related field.
• Proven experience in data oversight, risk reporting, and regulatory compliance within financial services, payments, or technology industries.
• Deep knowledge of BCBS 239 framework, EBA guidelines, and ECB regulatory standards, with emphasis on second line of defense responsibilities for risk oversight and governance.
• Proven track record of overseeing the implementation of risk data aggregation controls, ensuring adherence to industry standards while driving operational improvements.
• Strong ability to manage cross-functional relationships, influence stakeholders at varying organizational levels, and foster collaboration across technical and business teams.
• Expertise in analytics for assessing and validating risk management practices under evolving regulatory conditions.

Our Benefits:

Any general requests for consideration of your skills, please

Key Responsibilities

• Serve as the primary contact for operational risk oversight across business lines and functions, to ensure the effectiveness and regulatory alignment of the operational risk management framework.
• Oversee and coordinate operational loss data collection and aggregation, ensuring complete, accurate, and validated reporting in line with CSSF, EBA, and Basel/CRR regulatory requirements.
• Support and facilitate risk assessment process, scenario analyses, and other risk evaluation processes, providing independent challenge and review.
• Contribute to the definition, monitoring, and governance of operational risk appetite and associated metrics, collaborating with relevant teams to ensure they align with strategic objectives and regulatory obligations. Escalate risk appetite breaches and support remediation where necessary.
• Prepare, maintain, and continuously enhance independent second line risk reporting, including trend analysis, emerging risk identification, and key risk indicators for senior management, risk committees, the board, and regulatory authorities.
• Provide clear, well-documented second line oversight and challenge to risk mitigation and remediation plans, as well as review and challenge operational risk policies and procedures established by the first line of defence.
• Actively participate in internal risk governance forums, supporting risk-related discussions and ensuring second line challenge is provided on proposals and risk exposures.
• Ensure ongoing compliance with all relevant CSSF circulars, EBA/ESAs guidelines, and Basel/CRR requirements relating to operational risk management, event data, aggregation, reporting, and risk appetite.

Ideally, you will have

• 12 years of experience in enterprise or operational risk management, preferably within a regulated EU/EEA banking environment and in a second line of defense role, or equivalent.
• Strong knowledge of regulatory standards including CSSF Circulars, EBA/ESAs guidelines, Basel/CRR, and supervisory reporting.
• Demonstrated experience in risk event data collection, risk appetite frameworks, and risk assessments.
• Strong communication skills, ability to manage conflicting priorities and complex projects.
• Master’s degree in economics, business, finance or related field
• Professional certification (FRM, PRM, CERA) strongly preferred.
• Proven ability to work in a dynamic environment, prioritize effectively, and develop strong relationships with internal and external stakeholders.

Our Benefits:

Any general requests for consideration of your skills, please

Key Responsibilities:

• Provide second-line oversight related to risk data aggregation, data integrity, and governance practices to ensure compliance with BCBS 239 principles, EBA guidelines, and ECB standards.
• Evaluate the implementation of risk data governance frameworks to ensure accuracy, consistency, and completeness in data reporting and aggregation. Identify inefficiencies or gaps in compliance and provide detailed recommendations for remediation.
• Review and validate policies, procedures, and data management controls developed by first-line teams to ensure alignment with regulatory standards and second-line expectations. Verify that policies are properly integrated into day-to-day workflows and processes.
• Analyze data quality metrics, risk reporting outputs, and key performance indicators to assess the performance of first-line data aggregation systems. Highlight trends, anomalies, or areas requiring improvement and prepare detailed findings for the Sr. Manager and stakeholders.
• Support the monitoring of compliance readiness and adherence to European regulatory requirements, including BCBS 239 and EBA guidelines, particularly focusing on risk data aggregation, reporting timeliness, and governance accountability.
• Assist in conducting gap analyses against regulatory expectations. Develop and monitor progress on corrective action plans to address compliance deficiencies and facilitate readiness for supervisory reviews.
• Prepare detailed reports, oversight assessments, and reviews for internal stakeholders, regulatory bodies, and auditors. Ensure all documentation demonstrates accuracy, clarity, and alignment with regulatory guidelines.

Ideally you'll have:

• Bachelor’s degree in Finance, Business Administration, Information Technology, Data Management, or a related field. A Master’s degree or professional certifications are considered a plus.
• Strong understanding of BCBS 239 principles, EBA guidelines, and ECB regulatory frameworks, with practical experience in second-line of defense roles or compliance monitoring.
• Working knowledge of SQL, Python and other data management tools
• Proven ability to evaluate complex data processes, assess risks, and recommend improvements to meet regulatory expectations.
• Hands-on experience analyzing data aggregation and reporting practices, with a focus on assessing completeness, accuracy, timeliness, and consistency.
• Solid interpersonal skills with the ability to foster effective cross-functional collaboration, particularly with risk, compliance, and technology teams.

Our Benefits:

Any general requests for consideration of your skills, please

Our Benefits:

Any general requests for consideration of your skills, please