Director, Liquidity & Market Risk Oversight

This position will lead PayPal’s independent (2LOD) global Liquidity Risk oversight function, providing credible challenge to 1LOD Treasury/Finance and ensuring strong governance, stress testing, and contingency readiness across regions. You’ll set and enforce the liquidity risk framework and appetite, elevate forecasting quality, and deliver decision-ready insights to executive leadership and the Board. Scope also includes targeted non-trading Market Risk oversight and prudential leadership for APAC/LATAM. The role involves establishing overall business or technical strategy for risk management and influencing executive-level decision-making.

Must Have

• Lead PayPal’s independent global Liquidity Risk oversight function.
• Provide credible challenge to 1LOD Treasury/Finance.
• Ensure strong governance, stress testing, and contingency readiness.
• Set and enforce the liquidity risk framework and appetite.
• Elevate forecasting quality.
• Deliver decision-ready insights to executive leadership and the Board.
• Oversee targeted non-trading Market Risk.
• Provide prudential leadership for APAC/LATAM.
• Establish overall business or technical strategy for risk management.
• Influence executive-level decision-making through strategic risk assessments.
• Partner with stakeholders to implement risk reduction strategies.
• Monitor and analyze risk exposure.
• Lead initiatives for long-term sustainability and resilience.
• Own global liquidity risk appetite (survival horizon, stressed outflows, liquidity buffers, EWIs).
• Set and approve limits; track breaches and remediation.
• Review and challenge cash-flow forecasting, funding strategy, investment liquidity, partner-bank/PSP arrangements, and safeguarding of customer funds.
• Oversee Contingency Funding Plans and liquidity playbooks.
• Challenge intraday monitoring, settlement exposures, and payment-rail/clearing risks.
• Drive high-quality, automated liquidity MI and dashboards.
• Strengthen governance forums, challenge papers, issue management, and timely escalation.
• Provide 2LOD challenge on ALM/IRRBB, FX exposures, and investment portfolio risk.
• Own 2LOD prudential standards for APAC/LATAM entities (ILAAP/ICAAP).
• Act as senior 2LOD contact for supervisory engagement.
• Maintain an obligations inventory for regulatory change.
• Mentor, coach, and develop a high-performing team.

Good to Have

• Payments/fintech or e-money background.
• Experience with partner-bank/PSP arrangements.
• Experience with settlement and intraday liquidity.
• Data/analytics fluency (e.g., SQL/Python).
• Hands-on, pragmatic working style.

Perks & Benefits

• Flexible work environment
• Employee shares options
• Health insurance
• Life insurance
• Benefits to help you thrive in every stage of life

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 position will lead PayPal’s independent (2LOD) global Liquidity Risk oversight function, providing credible challenge to 1LOD Treasury/Finance and ensuring strong governance, stress testing, and contingency readiness across regions. You’ll set and enforce the liquidity risk framework and appetite, elevate forecasting quality, and deliver decision-ready insights to executive leadership and the Board. Scope also includes targeted non-trading Market Risk oversight and prudential leadership for APAC/LATAM.

Job Description:

Essential Responsibilities:

• Establish overall business or technical strategy for risk management with significant impact on operations.
• Influence executive-level decision-making through strategic risk assessments and recommendations.
• Partner with stakeholders to implement strategies that reduce or transfer identified risks.
• Monitor and analyze risk exposure to ensure alignment with organizational objectives.
• Lead initiatives that contribute to long-term sustainability and resilience in the face of uncertainty.

Expected Qualifications:

• 10+ years relevant experience and a Bachelor’s degree OR Any equivalent combination of education and experience.

Additional Responsibilities & Preferred Qualifications:

Your Way to Impact

• Build a best-in-class 2LOD liquidity risk oversight program with clear appetite, limits, and early-warning indicators.
• Raise the bar on stress testing, cash-flow forecasting, and contingency funding readiness.
• Harmonize global standards while meeting local prudential requirements in APAC/LATAM.
• Provide crisp, decision-useful reporting and timely escalation through governance channels

Key Responsibilities

• Risk Appetite & Limits: Own the global liquidity risk appetite (e.g., survival horizon, stressed outflows, liquidity buffers, EWIs). Set/approve limits; track breaches and remediation
• Independent Challenge of 1LOD: Review and challenge cash-flow forecasting, funding strategy, investment liquidity, partner-bank/PSP arrangements, and safeguarding/segregation of customer funds
• Contingency Readiness: Oversee Contingency Funding Plans and liquidity playbooks; test triggers, options, and execution drills; ensure recovery/resolution alignment where relevant.
• Intraday & Settlement Liquidity: Challenge intraday monitoring, settlement exposures, and payment-rail/clearing risks; ensure controls for cross-border and multi-currency flows.
• Metrics, Data, and Reporting: Drive high-quality, automated liquidity MI and dashboards; ensure data lineage and reproducibility; deliver concise insights to senior management and Board Risk.
• Governance & Escalation: Strengthen forums, challenge papers, issue management, and timely escalation of emerging liquidity risks.
• Provide 2LOD challenge on ALM/IRRBB, FX exposures from balance-sheet flows and hedging, and investment portfolio risk.
• Review sensitivity, stress, and limit frameworks; monitor breaches and remediation; ensure governance alignment with liquidity priorities.
• Own 2LOD prudential standards for APAC/LATAM entities (e.g., ILAAP/ICAAP or local equivalents) with emphasis on liquidity adequacy, documentation, and governance.
• Supervisory Engagement: Act as senior 2LOD contact for exams/thematics; manage submissions, findings, and commitments to closure.
• Regulatory Change: Maintain an obligations inventory; assess impact; drive timely, well-controlled implementation across entities.
• Mentor, coach, and develop a high-performing team of risk professionals.

Qualifications

• 10–15+ years in liquidity risk, treasury risk, asset/liability management with substantial 2LOD or supervisory experience
• Deep expertise in liquidity measurement (forecasting, stress testing, buffers, contingency planning, safeguarding/segregation) and governance.
• Proven leadership of ILAAP/ICAAP (or local equivalents) and Board-level risk reporting.
• Experience engaging regulators in EMEA and at least one of APAC or LATAM.
• Exceptional communication—able to translate complex analysis into clear, executive-ready narratives.
• Payments/fintech or e-money background; partner-bank/PSP arrangements; settlement and intraday liquidity.
• Data/analytics fluency (e.g., SQL/Python) to validate results and enhance MI.
• Hands-on, pragmatic working style that adapts with organizational needs

We know the confidence gap and imposter syndrome can get in the way of meeting spectacular candidates. Please don’t hesitate to apply.

Work Permit and Relocation Prerequisites: Must already possess valid authorization to work in the country where the position is advertised/located. Domestic relocation support is available for this role.

Subsidiary:

PayPal

Travel Percent:

0

PayPal does not charge candidates any fees for courses, applications, resume reviews, interviews, background checks, or onboarding. Any such request is a red flag and likely part of a scam. To learn more about how to identify and avoid recruitment fraud please visit https://careers.pypl.com/contact-us.

For the majority of employees, PayPal's balanced hybrid work model offers 3 days in the office for effective in-person collaboration and 2 days at your choice of either the PayPal office or your home workspace, ensuring that you equally have the benefits and conveniences of both locations.

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:

Click Here to learn more about our culture and community.

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. If you are unable to submit an application because of incompatible assistive technology or a disability, please contact us at paypalglobaltalentacquisition@paypal.com.

Belonging at PayPal:

Our employees are central to advancing our mission, and we strive to create an environment where everyone can do their best work with a sense of purpose and belonging. Belonging at PayPal means creating a workplace with a sense of acceptance and security where all employees feel included and valued. We are proud to have a diverse workforce reflective of the merchants, consumers, and communities that we serve, and we continue to take tangible actions to cultivate inclusivity and belonging at PayPal.

Any general requests for consideration of your skills, please Join our Talent Community.

We know the confidence gap and imposter syndrome can get in the way of meeting spectacular candidates. Please don’t hesitate to apply.