Director, Treasury

• The CompanyPayPal 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:PayPal Treasury is seeking a driven and analytical Treasury professional with deep knowledge of capital markets to join our EMEA Treasury team. In this role, you will execute and oversee securities, money market, and repo transactions, ensuring efficient liquidity management and compliance with evolving banking regulations. You will play a key role in assessing and managing financial and operational risks across Treasury activities, while establishing world-class standards in trade execution, control frameworks, and regulatory governance. Ability to communicate with regulators and senior management in a clear and concise manner is essential also. The successful candidate will also contribute to regional and global initiatives aimed at advancing the Treasury function in Luxembourg and supporting PayPal’s continued growth.Job Description:Essential Responsibilities: Ownership of all bank administration functions, including opening, closing, and maintaining bank accountsPartnering with internal constituents to identify and address banking issuesDeveloping relationships with global banking partnersImplementing rigor and controls to prevent misappropriation of funds and assetsMaintaining Treasury Management Systems usage and optimizationLeading, coaching, and mentoring the GCM Operations and Treasury teamsCoordinating and influencing transformation opportunities across the Treasury ecosystemManaging treasury technology vendors and systemsAnalyzing current treasury technology capabilities and contributing to the roadmap for scale and efficiencySupporting treasury technology risk assessment for new product activitiesExpected Qualifications:10+ years relevant experience and a Bachelor’s degree OR Any equivalent combination of education and experience.Additional Responsibilities & Preferred Qualifications:PayPal is seeking a driven and analytical Treasury or Finance professional to join our EMEA Treasury team based in Luxembourg.  In this role, you will play a central part in managing PayPal’s regional balance sheet, executing investment and funding strategies across securities and money market instruments, and ensuring strong adherence to banking regulatory frameworks such as Basel III.  You will oversee regulatory and liquidity risk management, support senior management reporting, and collaborate closely with the global Treasury organization to align regional initiatives with enterprise-wide objectives.  The successful candidate will help shape world-class Treasury management standards and contribute to strategic projects that advance the transformation of PayPal’s Treasury function in Luxembourg into a more agile, efficient, and risk-aware organization.Responsibilities for the Treasury Director
• EMEA will include, but is not limited to:Support annual balance sheet and capital planning cycle including regulatory ratio compliance forecasting and monitoring for the Luxembourg Bank entityPrepare management presentations on balance sheet optimization opportunitiesAnalyze balance sheet trends (e-money, credit, funding composition, maturity profiles) and calculate and forecast regulatory ratio impacts of planned transactionsLead compliance with internal controls as well as banking regulatory requirements (e.g., Basel III/IV, LCR, NSFR, SOX, IFRS)Monitor total capital ratio compliance, track capital buffer headroom and RWA (Risk-Weighted Assets) movements to identify drivers of changeMonitor Liquidity Coverage Ratio (LCR) and ensuring bank has sufficient high-quality liquid assets (HQLA)Monitor Net Stable Funding Ratio (NSFR) - ensuring NSFR remains at least 100%Monitor compliance with large exposure limits, flag potential breaches and coordinate remediation actions.Ensure compliance with Pillar 2 Requirements (P2R)Monitor the bank’s investment portfolio, and execute investment activities, undertake risk-adjusted analysis, and ensure investments align with policy constraints and regulatory standards.Model regulatory impacts of new products or business initiativesSupport in responding to ECB/CSSF supervisory inquiriesSupport internal/external audit reviews of regulatory calculationsPrepare and present management reports on liquidity, cash flow projections, and financial risk exposures to senior leadership and governance committeesSupporting review of EMEA legal entity structure and manage further capitalization, dividends, and/or liquidationsOversight of PayPal’s banking relationships in region in collaboration with global teamsWork with Accounting, Tax and other teams on joint regional projects.Monitor and optimize excess cash positions across EMEA entities, ensuring adherence to bank and investment policy guidelinesSupporting development and maintenance of liquidity contingency plans.Partner with other Treasury teams to enhance automation and digitization of treasury processes and reportsManage treasury forecasting and stress models to support planning and analysisWhat does Success Look Like?  Uses rigorous logic and methods to solve difficult problems with effective solutionsDemonstrates skill in designing, streamlining, and integrating processes to create the most effective and efficient workflows, ensuring tasks are organized and completed with minimal complexity and maximum productivityClear written communications and able to utilize data to craft effective presentations to support decision makingCan comfortably cope with change and risk to progress tasks within an uncertain environment or with incomplete information## About You

You have a bachelor's degree or equivalentYou have proven ability to work and take initiative to problem solve with minimal directionIn-depth understanding of banking laws, capital adequacy, reserve requirements, and other relevant regulatory frameworksExperience working in an ECB regulated bankPossess experience of trade execution of securities and money market instrumentsAnalytical and strategic thinking for risk assessment, scenario analysis, and financial decision-making.Possesses the capability to initiate, lead, or actively contribute to projects, ensuring effective representation and integration of treasury requirements and insights throughout the project lifecycleYou have proficiency in Microsoft Excel and PowerPointYou have experience in cash forecasting and modelling inputs and have familiarity with financial statementsYou are able to quickly understand complex process flows and drive process improvementsYou have demonstrated understanding of financial and relational data and using analytics to drive solutionsYou have strong interpersonal skills, including written and oral communication skillsYou should be able to work well with cross functional teams and external partnersYou have previous experience working in a matrixed organisationYou have strong internal customer focus, with a desire to exceed expectationsYou have more than +10 years of work experience in Treasury or Liquidity Risk Management or similar in Banking or Multi-National CorporationsYou have familiarity with global liquidity management, banking risk management structures and regulatory ratios managementYou Might Also HaveWorking knowledge of Sungard Quantum and SAP (preferred)Subsidiary:PayPalTravel Percent:0PayPal 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 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.