Sr Financial Analyst , Merchant Lending

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 Description Summary:

The PayPal Global Merchant Lending Finance Team is responsible for managing the finances and forecasting the performance of credit products and initiatives for Merchants.  We work in partnership with a variety of teams across PayPal to make financially sound business decisions that fuel the company’s growth.

The Financial Analyst, Global Merchant Lending will support the financial planning process, which includes near term forecasting, annual planning, strategic planning, and global expansion initiatives for the PayPal Working Capital Program.  Additionally, this position will support the analysis and modeling of the loan portfolio, developing forecast assumptions thru data analysis, perform profitability analysis of key segments, and assess strategic and tactical initiatives.  This person will have the opportunity to collaborate with multiple functional areas across the business to project, and deliver results, while influencing business strategies.

The successful candidate for the Financial Analyst position will understand the concepts and possess skills in credit, finance, accounting, and information systems.  The ideal candidate will also communicate effectively, be able to work independently, and thrive in a rapidly changing environment.

Job Description:

Specific responsibilities include:

• Provide meaningful daily, weekly, monthly analysis of trends vs. expectations
• Research and review portfolio activity to measure and map asset performance.  Identify trends to support forecast assumptions, model inputs and perform attribution analysis
• Updating key financial models and creating new financial models from scratch – including loan portfolio models, pricing models, deal models, etc…
• Convert business questions into analytical problems and provide solutions through data analyses
• Assist with developing the near-term and long-term business planning assumptions and pro forma financial statements
• Assist with business case development for new product launches and product changes
• Provide insights and input into the annual plans and monthly forecasts for loan volume, revenue, fees, losses, loss provision, and operating expenses
• Unit cost analysis
• Partner with the Marketing team to develop marketing channel P&Ls to support management initiatives, incremental spend opportunities and facilitate decision-making
• Liaise closely with Risk, Accounting Policy, Credit Controllership, Legal and Compliance to ensure integrity and alignment around financial processes and controls
• Partner with Credit Finance team to envision, define, and drive opportunities for technology and process improvements while ensuring team responsibilities are balanced efficiently and well controlled

Capabilities - Applicants should have the following capabilities:

• Strong data analysis skills, but also synthesize the big picture by identifying connections and relationships in data
• Communicate complex concepts and the results of the analyses with clear and effective communication and visualization
• Takes pride in having an impact across the organization by providing thoughtful, objective, and unbiased financial analysis and feedback on business strategy, product and operations.
• Working with large volumes of data using excel, SQL, Essbase.
• Takes ownership of tasks and problems, committed to delivering quality results and overcoming challenges in a time-sensitive environment. 
• Controls-focused in supporting and extending repeatable, documented processes that ensure accurate and consistent deliverables.
• Polished interpersonal and collaboration skills, including an ability to listen to needs of the business and comprehend complex matters. 
• Ability to self-manage multiple projects under pressure with changing priorities.
• Relentless attention to detail and accuracy.

Qualifications

• 3-5 years of progressive Credit/FP&A/Finance career experience (corporate FP&A, strategic finance, financial reporting)
• Advanced proficiency in MS Excel and PowerPoint
• Experience with financial modeling, scenario analysis, and sensitivity analysis
• Comfortable working with large data sets
• Experience working in Credit, Lending, or Banking industry is a plus
• Demonstrated track record of identifying and implementing process improvements
• Must be proactive, resourceful, and demonstrate intellectual curiosity

Preferred Qualifications

• 3+ years of experience at a firm in the Fintech, corp finance, banking, or credit card industry
• An advanced degree in Finance, Accounting, Management Information Systems, Business Administration, Analytics, or a related field
• Strong experience building and maintaining complex financial models
• Experience leading teams in a matrix environment
• Experience leading, managing, and analyzing financial planning and analytics (FP&A) processes
• Comprehensive knowledge of US GAAP (specifically loan accounting a plus)
• Experience using SQL & VBA; Essbase

Subsidiary:

PayPal

Travel Percent:

0

-

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

$52800 to $136510

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 talentaccommodations@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.

Notice to Applicants and Employees who reside within New York City. Click here to view the notice.