PayPal Manager Credit Risk Oversight 

Luxembourg, Luxembourg 

5520469

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