About 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. For more information, visitāÆhttps://www.paypal.com ,⯠https://about.pypl.comāÆand āÆhttps://investor.pypl.com. 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 [email protected].
Job Summary
Key Responsibilities
šServe as the primary contact for operational risk oversight across business lines and functions, to ensure the effectiveness and regulatory alignment of the operational risk management framework. šOversee and coordinate operational loss data collection and aggregation, ensuring complete, accurate, and validated reporting in line with CSSF, EBA, and Basel/CRR regulatory requirements. šSupport and facilitate risk assessment process, scenario analyses, and other risk evaluation processes, providing independent challenge and review. šContribute to the definition, monitoring, and governance of operational risk appetite and associated metrics, collaborating with relevant teams to ensure they align with strategic objectives and regulatory obligations. Escalate risk appetite breaches and support remediation where necessary. šPrepare, maintain, and continuously enhance independent second line risk reporting, including trend analysis, emerging risk identification, and key risk indicators for senior management, risk committees, the board, and regulatory authorities. šProvide clear, well-documented second line oversight and challenge to risk mitigation and remediation plans, as well as review and challenge operational risk policies and procedures established by the first line of defence. šActively participate in internal risk governance forums, supporting risk-related discussions and ensuring second line challenge is provided on proposals and risk exposures. šEnsure ongoing compliance with all relevant CSSF circulars, EBA/ESAs guidelines, and Basel/CRR requirements relating to operational risk management, event data, aggregation, reporting, and risk appetite.
Ideally, you will have
š12 years of experience in enterprise or operational risk management, preferably within a regulated EU/EEA banking environment and in a second line of defense role, or equivalent. šStrong knowledge of regulatory standards including CSSF Circulars, EBA/ESAs guidelines, Basel/CRR, and supervisory reporting. šDemonstrated experience in risk event data collection, risk appetite frameworks, and risk assessments. šStrong communication skills, ability to manage conflicting priorities and complex projects. šMasterās degree in economics, business, finance or related field
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