7+ years in consumer lending credit risk, particularly account origination
2+ years experience with BNPL products
2+ years people management experience
Subsidiary:
PayPal
Travel Percent:
0
-
The base pay for this role will depend on where you work and the relevant experience and expertise you bring. The expected range of pay for this role by location is:
No other locations are assigned to this requisition currently.
Additional compensation for this role may include an annual performance bonus, equity, or other incentive compensation, as applicable.
Benefits
Paid time offEquity / stock optionsPerformance bonus
Additional Information
The Company
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.
Job Summary:
This person will launch and manage the Venmo BNPL product from a credit risk strategy perspective. This will include both short term and long term lending products. They will be responsible for:
- Credit risk strategies including approve/decline, exposure limits, and APR decisions.
- They will make decisions regarding credit bureaus and other data integrations.
- They will work with the Lending Machine Learning team to identify existing models, or develop new credit risk models to be leveraged in their strategies.
- They will work with engineering and product partners to define requirements and implement policies. - They will work with legal, compliance, second line, and governance partners to adhere to all regulatory requirements and receive necessary approvals.
- They will contribute to reporting, loss forecasting, and budgeting projections.
Job Description:
Essential Responsibilities:
Lead and manage data science projects, ensuring timely delivery and alignment with business goals.
Develop and maintain data models, algorithms, and reporting systems to support data analysis and decision-making.
Analyze complex datasets to identify trends, patterns, and insights that drive strategic initiatives.
Collaborate with cross-functional teams to understand data needs and provide actionable insights.
Ensure data quality and integrity through regular audits and validation processes.
Mentor and guide junior data scientists, fostering a culture of continuous learning and improvement.
Paypal · Chicago, IL