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. 

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:

The Regulatory Reporting Specialist supports PayPal's business by ensuring a high standard of compliance with financial reporting regulatory requirements, which is essential for maintaining licenses in the region.

Job Description:

Essential Responsibilities:

Initiate accounting processes to ensure financial statements meet local GAAPMonitor the accounting closing process and post journal entries for any required adjustments in the local ledgerSupport the organization in meeting local and global regulatory obligationsDrive process control rigor to support quarterly certification on financialsImplement monthly financial reports and analytics to support structured risk-based monthly financial reviewsImplement statutory financial statements and ensure timely completion of statutory auditsFacilitate month-end, quarter-end, and year-end accounting close activitiesReview and prepare journal entries, account reconciliations, roll-forwards, and month-end reporting packages

Minimum Qualifications:

Minimum of 5 years of relevant work experience and a Bachelor's degree or equivalent experience.

Preferred Qualification:

In your day-to-day role you will be responsible for

Management and submission of periodic financial regulatory reporting obligations for PayPal’s licensed entities in the LATAM Region to Regulators including Bacen, Banxico, CNBV and Government Agencies..Generation of management dashboards to report, monitor and forecast regulatory metrics, primarily related to Capital and Liquidity of licensed entities.Working with key stakeholders in the LATAM region including Regulatory Reporting Leadership, Data Sourcing & Governance, GEM, Compliance, Legal, Controllership and Treasury teams to manage reporting obligations and information requirements with a high degree of quality assurance.Perform reconciliation of output against financial accounts and other data points ensuring any differences are remediated in advance of reporting or explained as appropriate.Generate process efficiencies with particular focus on risk reduction through automation.Integrate risk based operating procedures and checklists focusing heavily on internal controls throughout.Proactively investigating, resolving, and communicating any issues to internal stakeholders.Preparing and presenting periodic updates to Regulatory, Compliance and Finance Leadership.Supporting integration of new acquisitions and products by managing data requirements, process set up and change management of reporting obligations.Monitoring the development of regulations in LATAM to ensure advance awareness and preparatory tasks are undertaken early to implement changes as prescribed by legislation and published circulars.Assisting the global Regulatory Reporting and Governance team with any related initiatives outside of the LATAM region.

Qualifications

Qualified accountant or finance professional (or similar BSc, BA), preferably with a Big 4 background and ~6+ years’ professional experience in banking/payments/financial services industries.High level of expertise in sourcing, interrogating and manipulating data in various forms and code from multiple systems/platforms. Knowledge of AI, macros, SQL and tableau an advantage.Keen analytical and problem-solving experience with a strong focus on quality assurance of output.Understanding of regulations affecting the Banking and Payments industries across LATAM and globally.Familiarity with financial statements preparation using local and international accounting standards including local GAAP and IFRS.Excellent written and oral communication and interpersonal skills with fluency in English mandatory.Meticulous 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.Proven success in working collaboratively within cross-functional teams, both locally and globally.Technical proficiency with various data systems and reporting platforms. SAP is an advantage.Ability to create and maintain a balanced and positive work environment.Strong capabilities in process improvement and documentation.Ability to work independently as well as in a team setting, sharing knowledge and expertise effectively with colleagues.Willingness to take on additional Regulatory Reporting work unrelated to the LATAM region.Ability to escalate issues and seek guidance as required.

Subsidiary:

PayPal

Travel Percent:

0

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 benefits to help you thrive in every stage of life. We champion your financial, physical, and mental health by offering valuable benefits and resources to help you care for the whole you.

We have great benefits including a flexible work environment, employee shares options, health and life insurance and more. To learn more about our benefits please visit https://www.paypalbenefits.com.

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 talentaccommodations@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.