PayPal Manager PPEU Credit Risk Governance 

Luxembourg, Luxembourg 

902571854

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