PayPal

VP, Global Merchant Lending

PayPal New York, NY

At PayPal (NASDAQ: PYPL), we believe that every person has the right to participate fully in the global economy. Our mission is to democratize financial services to ensure that everyone, regardless of background or economic standing, has access to affordable, convenient, and secure products and services to take control of their financial lives.

Job Description Summary:
PayPal is one of the largest fintech’s processing over 1.5 T in payments volume across 160+ countries. PayPal started it’s journey by serving small business and consumers seamlessly exchange money. Today we are one of the largest payments platforms serving the needs of SMB’s to accept payments and providing them access to capital, across the globe. We are seeking a strong, seasoned leader to join our team as the VP, SMB Merchant Lending, which will lead and manage the P&L, business cases, prioritization, road map, and GTM strategy of the Merchant Lending products.

Job Description:
Fueled by a fundamental belief that having access to financial services creates opportunity, PayPal (NASDAQ: PYPL) is committed to democratizing financial services and empowering people and businesses to join and thrive in the global economy. Through a combination of technological innovation and strategic partnerships, PayPal creates better ways to manage and move money, and offers choice and flexibility when sending payments, paying, or getting paid.

We operate a global, two-sided network at scale that connects merchants and consumers with 426 million active accounts (consisting of 392 million consumer active accounts and 34 million merchant active accounts) across more than 200 markets. PayPal helps 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.

PayPal is a purpose-driven company whose beliefs are the foundation for how we conduct business every day. We hold ourselves to our One Team Behaviors which demand that we hold the highest ethical standards, to empower an open and diverse workplace, and strive to treat everyone who is touched by our business with dignity and respect. Our employees challenge the status quo, ask questions, and find solutions. We want to break down barriers to financial empowerment. Join us as we change the way the world defines financial freedom.

The Position

Job Description Summary
PayPal is one of the largest fintech’s processing over 1.5 T in payments volume across 160+ countries. PayPal started it’s journey by serving small business and consumers seamlessly exchange money. Today we are one of the largest payments platforms serving the needs of SMB’s to accept payments and providing them access to capital, across the globe. We are seeking a strong, seasoned leader to join our team as the VP, SMB Merchant Lending, which will lead and manage the P&L, business cases, prioritization, road map, and GTM strategy of the Merchant Lending products.

Responsibilities
  • Own & accelerate growth by leading efforts to deepen engagement with existing base, reduce churn, scale existing target markets and unlock new use cases combining product, sales and marketing into a holistic Merchant Lending strategy & narrative. 
  • Manage Merchant Lending Business P&L’s
  • Build business cases, set thresholds, and analyze results to continually deliver value to the business.
  • Cross functional collaboration:  
  • Partner closely with Product on our roadmap to ensure we’re building the right solutions for our current and future target markets. 
  • Partner closely with Sales and Marketing to ensure we are meeting our collective goals across adoption and revenue. 
  • Influence cross-functionally across Product, Design, Sales, and Growth to drive alignment on strategy, narrative, and priorities. 
  • Represent and own the ‘voice of the customer’ and target market approach across our Payments business unit. 


Qualifications
  • 12+ years of leadership experience in fintech, payments, or financial services companies that cater to SMB customers.
  • Strong financial skills and P&L management.
  • Good understanding of Payments landscapes globally.
  • Experience leading business functions that require coordination of many stakeholders and cross functional teams.
  • Experience developing a multi-year vision, strategy and roadmap for large scale products.
  • Very strong written and verbal communication skills with a talent for precise articulations of customer problems.
  • Ability to navigate highly matrixed environments.
  • Extensive credit experience, with expertise in several functional areas of a credit; merchant lending a plus.


Commitment to Diversity and Inclusion

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.

PayPal is committed to fair and equitable compensation practices.

Actual Compensation is based on various factors including but not limited to work location, and relevant skills and experience.

The total compensation for this practice may include an annual performance bonus (or other incentive compensation, as applicable), equity, and medical, dental, vision, and other benefits. For more information, visit https://www.paypalbenefits.com.

The U.S. national annual pay range for this role is to

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 https://www.paypalbenefits.com

Who We Are:

To learn more about our culture and community visit https://about.pypl.com/who-we-are/default.aspx

PayPal has remained at the forefront of the digital payment revolution for more than 20 years. By leveraging technology to make financial services and commerce more convenient, affordable, and secure, the PayPal platform is empowering more than 400 million consumers and merchants in more than 200 markets to join and thrive in the global economy. For more information, visit paypal.com.

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 [email protected].

As part of PayPal’s commitment to employees’ health and safety, we have established in-office Covid-19 protocols and requirements, based on expert guidance. Depending on location, this might include a Covid-19 vaccination requirement for any employee whose role requires them to work onsite. Employees may request reasonable accommodation based on a medical condition or religious belief that prevents them from being vaccinated.

Notice to Applicants and Employees who reside within New York city. Click https://careers.pypl.com/Contact-Us/default.aspx

to view the notice.

REQ ID R0110889
  • Seniority level

    Not Applicable
  • Employment type

    Full-time
  • Job function

    Finance and Sales
  • Industries

    Software Development, Technology, Information and Internet, and Financial Services

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