Description
Working as part of the global Regulatory Governance and Reporting team, you will manage Financial Regulatory Reporting obligations for PayPal Licensed entities.
Essential Responsibilities:
- Collaborate internally to influence the quality and efficiency of entity management processes and programs.
- Determine appropriate actions outside of defined processes while considering alternative solutions.
- Oversee team performance and prioritize work to ensure effective project execution.
- Provide insights on best practices in corporate governance and legal compliance.
- Assist in maintaining accurate records and documentation for all legal entities and subsidiaries.
Additional Responsibilities & Preferred Qualifications:
- Prepare accurate and timely regulatory reporting for PayPal licensed entities in compliance with financial regulation including financial, prudential, statistical and credit reports.
- Prepare actual and forecast internal regulatory metrics, primarily related to Safeguarding, Liquidity and Capital of licensed entities.
- Complete reconciliations of output against financial accounts ensuring any differences are remediated.
- Collaborate effectively with key stakeholders including Regulatory Reporting Leadership, Finance Controllership, Finance Systems Leads, Data Technology, Treasury, Product, Compliance, Risk and Credit teams.
- Support integration of regulatory reporting changes originating from new regulation and new products.
- Manage the end-to-end data process to complete timely report production utilizing dedicated regulatory reporting applications and automation including AI.
- Ensure data integrity and controls with reconciliations to source systems and against financial accounts. Resolve any exceptions through process improvements and holding data providers accountable for data quality.
- Strive to create efficiencies in processes, in particular focusing on risk reduction through prioritizing automation and maximizing the use of AI technologies.
- Prepare and review detailed standard operating procedures and checklists focusing heavily on prescribed internal controls throughout.
- Prepare and present periodic updates to Finance Leadership.
- Challenge, resolve and communicate any issues to internal stakeholders, whilst adhering to the Enterprise Issue Management Policy.
- Work with internal and external auditors ensuring all requests and any issues are addressed timely and accurately.
- Assist the Global Regulatory Reporting and Governance team when required.
Requirements:
- 5 years + experience in Financial Institution and regulated business including payments/fintech/banking.
- High level of expertise in sourcing, interrogating and manipulating data in various forms/code from multiple systems/platforms.
- Technical knowledge dealing with multiple data systems and regulatory reporting applications, including experience with SAP and Regnology RRH or equivalent.
- Keen analytical and problem-solving experience with a strong focus on quality assurance of output.
- Experience in and ability to interpret EBA banking, payments and credit regulations relevant to UK, EU and globally is mandatory.
- Knowledge of local and international accounting standards.
- Strong interpersonal skills with excellent written and oral communication, with fluency in English mandatory.
- Attention to detail and the ability to prioritize and deliver in a fast paced and dynamic environment with a high degree of personal accountability, integrity and trust.
- Demonstrated ability to work effectively within cross functional and remote teams.
- Actively contributes to a balanced and positive work environment.
- Ability to share information, transfer knowledge and expertise to team members.
- Strong process improvement skills.
- Support regulatory reporting activities across regions as business needs evolve.
- Ability to escalate issues and seek guidance as required.