# Director, Head of Core Banking Technology Platforms

**Company**: PayPal
**Location**: Chicago, IL
**Work arrangement**: hybrid
**Experience**: senior
**Job type**: full-time
**Salary**: $198,000.00 - $294,250.00 Annually
**Category**: Engineering
**Industry**: Finance

**Apply**: https://paypal.wd1.myworkdayjobs.com/en-US/jobs/job/Chicago-Illinois-United-States-of-America/Director--Head-of-Core-Banking-Technology-Platforms_R0138187?utm_source=yubhub.co&utm_medium=jobs_feed&utm_campaign=apply
**Canonical**: https://yubhub.co/jobs/job_49f20568-c81

## Description

PayPal Bank is seeking a Director, Head of Core Banking Technology Platforms, to lead the strategy, architecture, implementation, and operation of platforms supporting deposits, lending, payment gateway services, and Federal Reserve master-account connectivity.

The role will unify these capabilities through composable APIs and event-driven architecture, integrating with PayPal’s identity, fraud, credit, payments, finance, treasury, compliance, data, servicing, and customer-experience platforms.

**Essential Responsibilities:**

- Directs and controls the delivery of business and technical outcomes that comprise multiple projects and operational activities within a domain through organizational and technical leadership

- Defines engineering health objectives that drive organization health, engineering best practices and operational targets

- Drives product and technical strategy with cross-functional leaders across the enterprise to deliver Domain goals

- Responsible for the delivery of programs, establishing annual organizational goals and ensuring performance and results that impact both their domain and potentially enterprise

- Develops engineering strategy that translates into operational and tactical plans; uses ground-breaking methods to think beyond existing solutions

- Sets the tri-annual roadmap for a domain level organization. Defines the operational strategy for a domain based on a defined budget

- Evaluates key business challenges and can complete complex, ambiguous initiatives having impact across engineering; directs the development of new or innovative solutions. Ability to deal with high levels of technical domain level ambiguity.

- Collaborates with direct team, managers in org, stakeholders, managers in other orgs, external partners and business stakeholders

**Additional Responsibilities:**

- Build the technology foundation for PayPal Bank, establishing a modern banking platform that can scale from initial deposit products to broader banking, lending, and payment capabilities across the PayPal ecosystem.

- Lead the implementation, integration, and evolution of a modern, cloud-native core banking platform, including product configuration, integration architecture, testing, production launch, and ongoing modernization.

- Own the end-to-end technology architecture for banking products, spanning account onboarding and servicing, deposits, lending, transaction posting, interest processing, ledgering, reconciliation, and general-ledger integration.

- Design and deliver integrations across PayPal’s enterprise ecosystem, connecting banking platforms with identity, fraud, risk, credit decisioning, compliance, payments, treasury, finance, servicing, and data capabilities.

- Establish reusable APIs, events, and banking services that enable banking capabilities to be securely consumed across PayPal products while supporting an extensible, event-driven architecture.

- Deliver secure, resilient, highly available, and auditable banking infrastructure, establishing strong financial controls, observability, data lineage, production readiness, and connectivity to payment networks and Federal Reserve payment services.

- Build and lead a high-performing banking technology organization and partner ecosystem, developing senior engineering and architecture talent while managing strategic vendors and remaining actively engaged in critical architecture and technology decisions.

**Minimum Qualifications:**

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

- 2 years of experience leading others

**Preferred Qualifications:**

- 12+ years of software engineering or technology-platform experience, including significant leadership responsibility, with 7+ years leading engineering teams supporting banking, payments, financial services, or other highly regulated platforms.

- Demonstrated experience implementing, modernizing, or operating core banking platforms spanning deposits, lending, payments, or related financial infrastructure.

- Deep knowledge of banking technology and operations, including deposit accounts, lending systems, transaction posting, interest processing, clearing and settlement, reconciliation, ledger design, double-entry accounting, and general-ledger integration.

- Experience with modern cloud-native banking cores, enterprise API platforms, event-driven distributed systems, and public- or hybrid-cloud environments.

- Experience with bank payment connectivity, including ACH, wire, instant payments, payment gateways, and ideally Federal Reserve services such as FedACH, Fedwire Funds Service, or FedNow Service.

- Knowledge of regulated banking environments, including FDIC-insured deposits, FBO/custodial/omnibus structures, pass-through deposit insurance, brokered deposits, technology risk, cybersecurity, financial-crime controls, and related regulatory requirements.

**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.

## Skills

### Required
- banking technology
- cloud-native core banking
- enterprise API platforms
- event-driven distributed systems
- payment gateways
- Federal Reserve services

### Nice to have
- modern cloud-native banking cores
- bank payment connectivity
- regulated banking environments
- FDIC-insured deposits
- FBO/custodial/omnibus structures

---

Source: [Apply at paypal.wd1.myworkdayjobs.com](https://paypal.wd1.myworkdayjobs.com/en-US/jobs/job/Chicago-Illinois-United-States-of-America/Director--Head-of-Core-Banking-Technology-Platforms_R0138187?utm_source=yubhub.co&utm_medium=jobs_feed&utm_campaign=apply)
