Manager, PPEU Credit Risk Governance at PayPal

Luxembourg, , Luxembourg -

Full Time

Start Date

Immediate

Expiry Date

15 Apr, 26

Salary

0.0

Posted On

15 Jan, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Credit Risk Management, Regulatory Compliance, Policy Governance, Business Analysis, Stakeholder Collaboration, Documentation Management, Communication Skills, Attention to Detail, Teamwork, Risk Assessment, Business Continuity Management, Audit Support, Legal Requirements, Operational Effectiveness, Process Improvement, Trend Analysis

Industry

Software Development

Description

Identify issues and recommend best practices for the administration of legal entities and subsidiaries. Lead functional projects and programs that contribute to business or process improvements. Analyze business trends to inform decision-making and enhance operational effectiveness. Collaborate with internal stakeholders to ensure compliance with legal and regulatory requirements. Oversee the maintenance of accurate corporate records and documentation. 5+ years relevant experience and a Bachelor's degree OR Any equivalent combination of education and experience. In your role as a credit risk manager, you will: Manage credit policy change governance, working also with global credit team as needed to appropriately update policy and procedure documents, and log any changes. Interact with global credit compliance and legal teams to confirm that the credit policies are compliant with applicable regulatory guidelines. Manage timely compliance with credit risk-related legal requirements, attend the corresponding Regulatory Change Forum, and lead regulatory compliance projects such as emerging CSSF/ECB requirements. Interact with the Regulatory Reporting team to oversee the forbearance and non-performing exposure reporting to CSSF and credit related reports to BCL. Monitor policy execution to ensure compliance with existing policies and procedures, and log potential policy breaches, investigation results, and eventual resolutions. Verify the accuracy of the periodic portfolio level credit risk appetite reviews. Draft and coordinate credit-related parts of various daily reports to the regulator, such as Self Assessment Questionnaire/SAQ, Short Form Report/SAQ. Conduct Credit Risk Assessment as well as Business Impact Analysis and Business Continuity Management including sub-sequent updates. Participate in credit audits and inspections to provide support to internal and external auditors on all these activities as needed. Bachelor's or master's degree in a related field. Minimum of 6 years of experience in risk management, compliance, consulting, or a related field. Strong communication skills, both verbal and written. Team worker, responsible, delivery oriented. Ability to work with a group of people within the credit team or broadly across the larger organization to achieve desired outcomes in an effective way. Ability to accomplish tasks with close attention to detail checking work carefully even over smaller points. Experience in banking regulatory background in EU.

Responsibilities

The manager will identify issues and recommend best practices for legal entities and subsidiaries while leading projects that improve business processes. They will also ensure compliance with legal and regulatory requirements and oversee the maintenance of corporate records.