Manager Ppeu Credit Risk Governance jobs at Paypal in Luxembourg, Luxembourg

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.

Essential Responsibilities:

• Lead complex projects related to the administration of legal entities and corporate structures.
• Resolve complex problems by applying functional expertise and understanding current business trends.
• Develop methods and procedures for new assignments to improve global processes.
• Provide valuable insights on corporate governance and compliance to enhance operational efficiency.
• Collaborate with cross-functional teams to ensure alignment on entity management strategies.

Expected Qualifications:

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

Travel Percent:

PayPal does not charge candidates any fees for courses, applications, resume reviews, interviews, background checks, or onboarding. Any such request is a red flag and likely part of a scam. To learn more about how to identify and avoid recruitment fraud please visit.

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 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.

to learn more about our culture and community.

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.

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.

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

Essential Responsibilities:

• Identify issues and recommend best practices for the administration of legal entities and subsidiaries.
• Lead functional projects and programs that contribute to business or process improvements.
• Analyze business trends to inform decision-making and enhance operational effectiveness.
• Collaborate with internal stakeholders to ensure compliance with legal and regulatory requirements.
• Oversee the maintenance of accurate corporate records and documentation.

Expected Qualifications:

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

In your role as a credit risk manager, you will:

• Manage credit policy change governance, working also with global credit team as needed to appropriately update policy and procedure documents, and log any changes.
• Interact with global credit compliance and legal teams to confirm that the credit policies are compliant with applicable regulatory guidelines.
• Manage timely compliance with credit risk-related legal requirements, attend the corresponding Regulatory Change Forum, and lead regulatory compliance projects such as emerging CSSF/ECB requirements.
• Interact with the Regulatory Reporting team to oversee the forbearance and non-performing exposure reporting to CSSF and credit related reports to BCL.
• Monitor policy execution to ensure compliance with existing policies and procedures, and log potential policy breaches, investigation results, and eventual resolutions.
• Interact with global credit control and operations teams to become aware of any operational issues/incidents as they arise and inform PayPal Europe management on root causes, remediation plans, financial impact, and preventive actions.
• Verify the accuracy of the periodic portfolio level credit risk appetite reviews.
• Draft and coordinate credit-related parts of various daily reports to the regulator, such as Self Assessment Questionnaire/SAQ, Short Form Report/SAQ.
• Conduct Credit Risk Assessment as well as Business Impact Analysis and Business Continuity Management including sub-sequent updates.
• Participate in credit audits and inspections to provide support to internal and external auditors on all these activities as needed.

Requirements/Qualifications

• Bachelor’s or master’s degree in a related field.
• Minimum of 6 years of experience in risk management, compliance, consulting, or a related field.
• Strong communication skills, both verbal and written.
• Team worker, responsible, delivery oriented.
• Ability to work with a group of people within the credit team or broadly across the larger organization to achieve desired outcomes in an effective way.
• Ability to accomplish tasks with close attention to detail checking work carefully even over smaller points.
• Experience in banking regulatory background in EU.

Our Benefits:

Any general requests for consideration of your skills, please

Essential Responsibilities:

• Identify issues and recommend best practices for risk management within the organization.
• Lead functional projects and programs that enhance risk assessment and mitigation efforts.
• Collaborate with teams to analyze business trends and their implications for risk management.
• Contribute to process improvements that enhance the effectiveness of risk management strategies.
• Provide guidance and support to team members in executing risk management initiatives.

Expected Qualifications:

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

Credit Compliance Advisory & Product Governance

• Lead credit compliance advisory for new and modified credit products (BNPL, merchant credit, payment innovations), ensuring compliance with Consumer Credit Directive (CCD) and national consumer protection frameworks
• Review and approve credit-related business initiatives, providing guidance on creditworthiness assessments, responsible lending, disclosure requirements, and customer protection standards
• Advise on credit risk strategies (underwriting, fraud management, collections, asset sales) and oversee compliance of customer-facing content across multiple European jurisdictions

Regulatory Change Management & Horizon Scanning

• Monitor and assess emerging credit regulations (including CCD II implementation and national transpositions) ensuring timely integration into operational processes
• Collaborate with Regulatory Change Management to scope and implement credit-related regulatory developments
• Provide subject matter expertise on European credit regulations to internal stakeholders

Compliance Oversight & Monitoring

• Support oversight of key credit compliance processes including issue management, incident reporting, complaints handling, and regulatory reporting
• Contribute to Second Line Testing program through risk-based testing and thematic reviews of high-risk areas
• Monitor credit-related incidents and issues, ensuring root cause analysis, remediation, and reporting through governance forums (Credit Risk Committee, Operations Compliance and Risk Committee)

Stakeholder Engagement & Governance

• Build strong relationships with First Line business owners (Credit Risk, Collections, Product, Business Development) and cross-functional stakeholders (Credit Legal, First Line of Defense Risk & Control)
• Prepare Management Information materials and present credit compliance updates to governance forums and senior leadership
• Support internal and external audit exercises and coordinate remediation of audit findings

Required Qualifications

• 8-10 yearsof compliance experience in banking/financial services withsignificant credit compliance expertise(consumer credit, lending regulations, responsible lending, underwriting, collections)
• Deep understanding ofEuropean credit regulations(CCD/CCD II, national consumer protection laws, BNPL frameworks)
• Experience withfintech, digital lending, or BNPL productshighly valued

Technical Knowledge

• Strong knowledge ofbanking regulations and CSSF supervisory expectations(particularly Circular 12/552)
• Understanding ofthree lines of defense modeland second line compliance oversight
• Knowledge of regulatory change management and horizon scanning methodologies

Skills & Competencies

• Excellent analytical and risk assessment skills with business-oriented approach
• Strong stakeholder management and cross-functional collaboration capabilities
• Exceptional communication skills inEnglish; proficiency inFrench, German, Italian or Spanishis a significant advantage
• Ability to manage multiple priorities in a fast-paced, dynamic environment

Our Benefits:

Any general requests for consideration of your skills, please

Essential Responsibilities:

• Leverage specialized security governance and risk expertise to identify and address complex security risks, recommending best practices and determining new approaches that have an impact on broader security operations, while aligning strategies with business priorities
• Partner across teams and key stakeholders to drive security risk and governance initiatives, leading and solutioning complex projects and programs to strengthen overall security posture.
• Apply advanced analytical skills and sound judgment to assess and mitigate security risks, considering diverse perspectives and innovative solutions. Stay informed on industry trends and regulatory landscape while evaluating their security implications within the context of the PayPal’s governance framework.
• Directly contribute to improvements within the security domain and occasionally beyond, ensuring decisions lead to meaningful enhancements in risk mitigation strategies and overall security practices.
• Leverage relationships across teams, both within and outside of security, to influence initiatives and integrate feedback into security governance processes and risk management practices.
• Develop and articulate clear plans and priorities for the team, guiding them to achieve security risk and governance objectives while fostering a collaborative and high-performance environment.
• Lead by example, providing mentorship and support to ensure the team successfully executes on initiatives and goals.

Minimum Qualifications:

• Minimum of 8 years of relevant work experience and a Bachelor's degree or equivalent experience.

Preferred Qualification:

• Strong expertise and background in technology and cybersecurity risk management. Independent oversight and/or audit experience in an international organization is a plus.
• Excellent written and verbal skills; interpersonal and collaborative skills; and the ability to communicate information security related concepts to technical and non-technical audiences.
• Thorough understanding of the regulatory frameworks in the European Union including PSD2, DORA, and others.
• Professional credentials such as CISSP, CISM, CRISC, and knowledge of frameworks such as COBIT, NIST CSF, PCI DSS, and ISO27001 is a plus.

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

Essential Responsibilities:

• Delivers complete solutions spanning all phases of the Software Development Lifecycle (SDLC) (design, implementation, testing, delivery and operations), based on definitions from more senior roles.
• Advises immediate management on project-level issues
• Guides junior engineers
• Operates with little day-to-day supervision, making technical decisions based on knowledge of internal conventions and industry best practices
• Applies knowledge of technical best practices in making decisions

Minimum Qualifications:

• Minimum of 5 years of relevant work experience and a Bachelor's degree or equivalent experience.

Your Day-to-Day

• Design, develop, and implement robust Java applications for a large-scale Underwriting and Fraud Detection platform, ensuring scalability, multi-tenancy, and seamless integration with various internal PayPal services.

• Advocate for engineering excellence and contribute to a customer-centric approach.

• Own the quality of deliverables throughout the software development lifecycle, including design, implementation, testing, and deployment.

• Collaborate with cross-functional teams, including engineers, product managers, and stakeholders, to define and execute solutions.

• Thrive in a fast-paced environment with evolving business needs and priorities.

What you need to succeed

• Strong programming skills:Expertise inJava/J2EE, Spring Framework, and Hibernate.

• Experience: 5-8 years of software design and web application development experience.

• API Development:Proficiency inbuilding REST APIs, Web Services, and using unit testing frameworks and build tools.

• Database Knowledge: Hands-on experience with relational databases like MySQL or Oracle.

• Cloud Technologies: Familiarity with Kubernetes, Docker, Kafka, Spark, or other cloud-native technologies.

• Object-Oriented Design: Rich experience in object-oriented design and analysis.

• Problem-Solving: Ability to resolve ambiguity in requirements and estimate engineering effort for realistic schedules.

• Scalability: Experience designing systems for high availability, scalability, and performance optimization.

• Security: Knowledge of secure coding practices and experience with risk or fraud detection systems is a plus.

• Testing : Experience with automated testing frameworks and CI/CD pipelines.

You are known as:

• Quick learner, undeterred by complex systems and challenges.

• Excellent collaborator, capable of building trust and fostering strong relationships with stakeholders.

• Adaptable and thrives in a dynamic, fast-changing environment.

• Strong communicator, with the ability to articulate technical concepts to non-technical stakeholders.

• Passionate about innovation, continuous learning, and staying updated with emerging technologies.

Get bonus points with:

• Degree in Computer Science or related fields.

• Experience in GCP cloud Architecture

• Experience mentoring junior engineers or leading small teams.

• Exposure to hackathons, tech events, blogging, or active participation in online tech forums.

Our Benefits:

Any general requests for consideration of your skills, please

Essential Responsibilities:

• Business partnering with leaders and VPs and the other cross-functional teams located globally
• Build and retain a strong and effective team
• Oversee month-end close and reporting activities, forecast, variance analysis and reporting of operating expense (as well as Contra)
• Drive continuous process improvements both within the team and with the business
• Provide analysis and recommendations to leadership groups quickly and effectively to drive results
• Ensure strict adherence to corporate policies and GAAP regulations
• Partner with leadership on risk awareness for projects
• Develop key insights to provide finance senior leadership visibility into areas of risk
• Work within finance and technology partners to identify areas of opportunity for improvement
• Prepare and present results and forecasts to senior leaders
• Track and re-trend results against forecasts and budgets

Expected Qualifications:

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

Our Benefits:

Any general requests for consideration of your skills, please