Vp Int ' L Risk & Governance Officer jobs at Paypal in Luxembourg, Luxembourg

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

Key Responsibilities

• Support credit and fraud risk oversight efforts by analyzing credit risk data to identify trends, patterns, and potential issues across PayPal's credit portfolio
• Develop and maintain regular reports on key credit risk metrics and performance indicators
• Evaluate effectiveness of credit risk strategies and recommend improvements based on data analysis
• Identify emerging risk trends and potential impacts on the credit portfolio
• Partner with cross-functional teams to implement credit risk management initiatives and ensure roll out in line with the defined metric projections
• Support regulatory compliance efforts by performing regulatory gap assessments to ensure compliance with the applicable regulatory requirements
• Assist in refining credit risk models and methodologies to improve risk assessment accuracy
• Prepare presentations and materials for senior management on credit portfolio performance

Ideally you will have

• Bachelor's or Master’s degree in Finance, Economics, Statistics, Mathematics, or related field
• 3+ years of experience in credit risk analysis, financial analysis, or related analytical role
• Strong analytical skills with ability to interpret complex data sets
• Proficiency in SQL and experience with data analysis tools
• Knowledge of credit risk principles and practices
• Excellent communication skills with ability to present complex information clearly
• Strong attention to detail and problem-solving skills

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 activities of the role include:

• Serve as the main contact for global credit risk oversight teams, as well as local and global first line teams, ensuring compliance of PayPal credit risk management wth EU and Luxembourg regulatory requirements
• Actively participate in new credit product launches, ensuring soundness of the set up as well as compliance with local regulatory requirements
• Monitoring performance of the creidt portfolios, identification of early trends and close involvement of definition of remediation plans as needed
• Establishing monitoring and oversight of effectiveness of credit strategies, independently analyzing and interpreting credit data
• Participate in definition of credit risk appetite, in close collaboration with local and global teams, ensuring alignment with strategic objectives as well as full compliance with EU regulatory requirements. Ensuring robust governance of risk appetite, including escalation of breaches.
• Perform independent calculation of a set of metrics (risk appetite, performance, etc.) as a form of control over quality of the data provided by first line teams
• Participate closely and ensure second line oversight of reserving, overlay definition and reserve model changes.
• Review and challenge credit policies and procedures established by first line of defence
• Actively paticipate in internal governance related to credit risk oversight, and rpovide documented second line challenge of the respective proposals
• Establish and maintain independent second line reporting related to credit risk

• 5-7 years in credit risk management or credit risk oversight
• Strong knowledge of credit origination process and credit models
• Working knowledge of SQL, Python/R a strong plus
• FRM or similar professional certification is a strong plus
• Strong knowledge of EU and local Luxembourg regulations
• Ability to work in a dynamic work environment, prioritize tasks and establish strong working relationships with a variety of stakeholders

Our Benefits:

Any general requests for consideration of your skills, please

Our Benefits:

Any general requests for consideration of your skills, please

Key Responsibilities:

• Accountable for all International 2nd Line of Defense Risk Management activities; including but not limited to:
  • Credit Risk
  • Operational Risk
  • Fraud Risk
  • Financial Risk, including Liquidity and Capital
  • Risk Appetite statement development, tracking and compliance
  • Issue management tracking and resolution
  • Third Party Oversight
  • ESG Programs
• Develop and execute risk management capabilities to comply with European Central Bank regulations.
• Develop a holistic risk strategy and set of core capabilities to deliver efficient Pillar 1 + Pillar 2 required capital frameworks through an effective development, implementation and execution of risk management strategies to maintain adequate capital levels.
• Develop risk policy and second line of defense capabilities to support ongoing growth of the firm in all PayPal International business lines.
• Ensure business strategy and execution are consistent with risk appetite limits approved by the overall Board, local Boards and provided to Regulatory agencies. Implement appropriate monitoring programs
• This role will be a key leader in Regulatory relations for the firm and will stay abreast of all changes within the EU to ensure the firm remains in compliance with Regulatory mandates.
• The leader of this role will also lead the Chief Risk Officers of all international operating entities including the CRO for the UK, Singapore, China, and Australia in addition to all European countries.
• The successful leader will drive consistency in framework, where applicable, with all PayPal markets ensuring effective resource optimization across countries and to ensure the enablement of controls to ensure compliance with all regulatory mandates.
• Support Capital and Liquidity Stress testing and ensure alignment with local entity business financials and local regulatory capital and liquidity standards.
• Drive an effective risk culture across all international entities that is consistent and aligned with the corporate culture including driving business unit accountability and ownership of key risks.
• This leader will work effectively in a complex, fast-paced matrixed environment, replete with tight deliverable timeframes and multiple stakeholders, both internal and external.
• This position is expected to act independently and demonstrate strong initiative.
• This leader needs to influence outcomes, minimize and address conflict and demonstrate in-depth understanding of regulatory, credit, liquidity, market, fraud and operational risks.
• The role requires a sense of urgency, passion for results, and personal accountability for achievement.

Qualifications:

From a cultural perspective, this leader will need to fit into the PayPal leadership model that will require strong financial acumen, self-confidence and the ability to push back but in a respectful manner.

• Experience leading complex risk management functions within a highly regulated multidivisional, complex organization where effective risk management, and strong business processes are critical. Ideally, expertise in high transaction, data intensive, consumer-lending environments.
• A breadth of risk expertise including Regulator interactions, ERM program development and execution, credit, fraud, liquidity, capital, stress testing and other financial risks. The role requires sophisticated risk management skills and candidates must have led a sizeable risk function for a bank or consumer financial services business.
• Experience leading a coherent financial risk or CRO function which has produced risk appetite statements, risk metrics, risk processes including credit approval and early warning systems. This must include an understanding of building and operating a risk framework that delivers transparent, well-understood, financial risk policies for the business front line.
• A track record as an established leader who is equally strategic as they are tactical, and of the stature to build a peer relationship with business management. This will enable them to build a fully functional model for robust and transparent risk leadership, as well as a financial risk function that is commercially and strategically aligned.
• The successful candidate must have experience in successfully distilling and presenting complex regulatory, risk and reporting matters to the most senior levels of the organization.

• 20+ years of proven executive-level; leadership experience in managing large-scale global operations for complex, global, publicly traded companies.
• Previous experience serving as a Chief Risk Officer for a large, highly regulated entity
• Strong analytical skills and ability to interpret complex data to inform decision-making.
• Deep understanding of operational processes across a variety of business functions including finance, sales, marketing, risk, legal, etc.
• Excellent communication and cross-cultural collaboration skills.
• Expertise in project management and process improvement methodologies.
• Familiarity with relevant regulatory requirements.
• Strong financial acumen and ability to manage budgets effectively.
• Bachelors Degree in business administration, operations management, or a related field – MBA or Masters Degree strongly preferred.

Our Benefits:

Any general requests for consideration of your skills, please

Job Description:

Our Benefits:

Any general requests for consideration of your skills, please