PitchMeAI
PayPal

Director, Risk Management

PayPal · Chicago, IL

  • On site
  • Full-time
  • $238,700 / year
  • Chicago, IL

Job highlights

  • Lead risk management strategy for PayPal.
  • Influence executive decisions with risk assessments.
  • Implement risk reduction strategies with partners.
  • Monitor and analyze organizational risk exposure.
  • Drive long-term sustainability and resilience initiatives.

About the role

Director of Risk Management

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 job establishes overall business or technical strategy for risk management, influences executive-level decision-making through strategic risk assessments, partners with stakeholders to implement risk reduction strategies, monitors risk exposure, and leads initiatives for long-term sustainability and resilience.

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.

Minimum Qualifications:

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

Additional Responsibilities & Preferred Qualifications:

  • Subsidiary: PayPal
  • Travel Percent: 0

Pay Range:

  • Chicago, Illinois: ($160,500.00 - $238,700.00 Annually)
  • New York City, New York: ($176,500.00 - $262,350.00 Annually)
  • Austin, Texas: ($160,500.00 - $238,700.00 Annually)

Additional compensation for this role may include an annual performance bonus, equity, or other incentive compensation, as applicable.

PayPal does not charge candidates any fees for courses, applications, resume reviews, interviews, background checks, or onboarding. When making an application directly, we will never ask you to share passwords, one-time passcodes (OTP), or verification codes. Any such request is a red flag and likely part of a scam. All communication regarding your application will come from official PayPal email domains. If you suspect fraudulent activity, please report it immediately. 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 comprehensive, choice-based programs, to support all aspects of personal wellbeing—physical, emotional, and financial—delivering meaningful value where it matters most. We strive to create a flexible, balanced work culture with a holistic approach to benefits, including generous paid time off, healthcare coverage for you and your family, and resources to create financial security and support your mental health.

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.

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

Key skills/competency

  • Risk Management Strategy
  • Executive Leadership
  • Strategic Risk Assessments
  • Stakeholder Partnership
  • Risk Reduction Implementation
  • Risk Exposure Monitoring
  • Long-term Sustainability Planning
  • Business Strategy
  • Financial Services Risk
  • Global Commerce Risk

Skills & topics

  • Risk Management
  • Director
  • PayPal
  • Financial Services
  • Strategy
  • Leadership
  • Executive
  • Commerce
  • Payments
  • Risk Assessment
  • Business Strategy
  • Global Operations
  • Compliance
  • Finance
  • Risk Analysis
  • Strategic Planning
  • Management
  • Corporate Risk
  • Enterprise Risk
  • Credit Risk
  • Market Risk
  • Operational Risk
  • Technology Risk
  • Cybersecurity Risk
  • Fraud Prevention
  • Regulatory Compliance
  • Crisis Management
  • Business Continuity
  • Resilience
  • Sustainability
  • Decision Making
  • Stakeholder Management
  • Team Leadership
  • Financial Technology
  • Fintech
  • E-commerce
  • Online Payments
  • Digital Payments
  • Customer Protection
  • Data Analysis
  • Reporting
  • Policy Development
  • Risk Mitigation
  • Venture Capital
  • Startups
  • Innovation
  • Collaboration
  • Wellness

How to get hired

  • Tailor your resume: Highlight your 10+ years of experience in risk management and strategic planning, aligning with PayPal's values of Inclusion, Innovation, Collaboration, and Wellness.
  • Showcase leadership: Emphasize your experience in influencing executive-level decision-making and leading cross-functional teams to implement risk reduction strategies.
  • Demonstrate strategic thinking: Provide examples of how you've established business or technical strategies for risk management with significant operational impact.
  • Research PayPal: Understand PayPal's global operations, payment solutions, and commitment to diversity and inclusion to articulate how your risk management approach aligns with their mission.
  • Prepare for interviews: Be ready to discuss specific instances where you've monitored risk exposure, led sustainability initiatives, and partnered with stakeholders to achieve organizational objectives.

Technical preparation

Review financial risk assessment frameworks.,Study PayPal's payment processing systems.,Familiarize with global regulatory compliance.,Analyze case studies in risk mitigation.

Behavioral questions

Describe a major risk strategy you developed.,How do you influence executive decision-making?,Share an experience implementing risk reduction.,How do you ensure long-term organizational resilience?

Frequently asked questions

What is the typical work arrangement for a Director of Risk Management at PayPal?
PayPal operates on a balanced hybrid work model, typically requiring 3 days in the office for collaboration and allowing 2 days remotely or in the office. This structure aims to balance in-person effectiveness with personal flexibility.
What is the salary range for the Director of Risk Management position at PayPal?
The base pay for a Director of Risk Management at PayPal varies by location. For example, in Chicago, Illinois, the range is $160,500 - $238,700 annually. New York City has a higher range of $176,500 - $262,350 annually, and Austin, Texas is within the $160,500 - $238,700 range. Additional compensation like bonuses and equity may also apply.
What are the minimum qualifications for the Director of Risk Management role at PayPal?
The minimum qualifications include having at least 10 years of relevant experience coupled with a Bachelor's degree, or an equivalent combination of education and experience.
Does PayPal offer opportunities for professional development for a Director of Risk Management?
While not explicitly detailed for this role, PayPal emphasizes comprehensive, choice-based programs for employee wellbeing, including financial security and mental health resources. Their culture also promotes innovation and collaboration, suggesting a supportive environment for professional growth.
How does PayPal ensure a positive and inclusive work environment for its employees?
PayPal is committed to fostering a sense of belonging through a workplace culture of acceptance and security, where all employees feel included and valued. They actively promote diversity and inclusion, reflecting the diverse communities they serve, and provide resources to support employee wellbeing.
What should I do if I suspect recruitment fraud when applying for a Director of Risk Management job at PayPal?
If you suspect recruitment fraud, such as requests for passwords or OTPs, report it immediately. All official communications will come from PayPal email domains. You can find more information on identifying and avoiding scams at https://careers.pypl.com/contact-us.
What is the role of a Director of Risk Management in PayPal's global operations?
The Director of Risk Management establishes business or technical strategies, influences executive decision-making through risk assessments, partners on risk reduction, monitors exposure, and leads initiatives for sustainability and resilience within PayPal's global commerce operations.