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:

Credit Portfolio Management sits at the intersection of PayPal’s on-balance sheet credit business and off-balance sheet asset externalization. Our mandate is to protect and optimize return on capital, liquidity, and reputation by managing balance sheet lending and capital markets trades across consumer and merchant lending. We ensure portfolios align with strategy, deliver target economics, and operate within a strong control framework. With Capital Markets, we manage relationships with investors, banks, advisers, and rating agencies.

As an asset-backed finance portfolio manager, you will own PayPal’s off-balance sheet credit portfolio globally. Externally, you’ll be the key interface for investors, banks, and rating agencies on collateral performance, valuation, and post-closing management. Internally, you’ll integrate data, market intelligence, and analytics to report profitability, financial impact, and performance trends to leadership.

Job Description:

Essential Responsibilities:

• Develop and articulate clear plans to optimize the credit portfolio and meet team performance
• Perform more-complex financial objectives highly specialized domain knowledge and advanced business expertise
• Lead some lending activities that align with it's financial objectives and may coordinate activities of others
• Design credit portfolios for long-term financial success understanding of business needs and industry trends
• Determine methods and procedures on new assignments that may impact activities of others

Expected Qualifications:

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

Responsibilities

• Transaction Execution & Governance – Partner with Capital Markets to lead internally-facing activities related to new issuances, extensions and upsizes; coordinate due-diligence streams, first-/second-line approvals, documentation, and key governance activities
• Post-Execution Portfolio Management – Own weekly/monthly performance reporting, trigger monitoring and incident resolution to preserve balance-sheet resilience.
• Market Intelligence & Valuation – Monitor primary/secondary markets, agency reports, and sell-side color to value portfolios and advise on pricing, structure, and investor appetite.
• Process Scalability & Control – Design frameworks that ensure the future scalability of the capital markets platform by automating low-leverage tasks, retiring legacy pain points, and driving operational control standards.
• Support the portfolio strategy for PayPal’s on-balance sheet credit assets: use unit economics, asset yields and customer lifetime value calculations to perform portfolio valuation analysis and strategy.

Experience & Skills

• Experience in asset-backed finance/ABS, or working knowledge in an adjacent structured finance domain (e.g. private credit, infrastructure, DCM). Corporate strategy experience may also be suitable.
• Comfort translating financial analysis into narrative for consumption by senior management.
• Ability to interpret and sensitize financial models.
• Ability to interpret transaction legal docs.
• Track record managing post-execution credit portfolios, operational risk, and regulatory engagements within a banking, asset manager, corporate treasury or fintech environment.
• Advanced Excel (VBA, Python or SQL a plus).
• Strong stakeholder-management skills spanning investors, banks, and internal stakeholders.
• High self-direction and bias for process improvement; commitment to responsible AI adoption and continuous learning.
• Some experience of US GAAP and/or IFRS three-statement analysis

Subsidiary:

PayPal

Travel Percent:

0

-

The base pay for this role will depend on where you work and the relevant experience and expertise you bring. The expected range of pay for this role by location is:

Primary Location | Pay Range:

New York City, New York | ($129,500.00 - $191,950.00 Annually)

Additional Location(s) | Pay Range:

No other locations are assigned to this requisition currently.

Additional compensation for this role may include an annual performance bonus, equity, or other incentive compensation, as applicable. This role is also eligible for a range of benefits which may include, medical, dental, vision, life and disability insurance, parental and family leave, 401(k) savings plan, paid time off, and other benefits. For more information visit https://www.paypalbenefits.com.

PayPal 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 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 [email protected].

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.

Notice to Applicants and Employees who reside within New York City. Click here to view the notice.