Director, Entity Management (Brazil)

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.

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.

Job Description Summary: Reporting to the VP, PayPal Pte. Ltd. CEO and Global Entity Management (GEM), the GEM Leader for Brazil will provide leadership for PayPal Brazil legal entities. This leader will be responsible for the governance and regulatory agenda for the legal entity structure. The GEM Leader for Brazil may also sit on international subsidiary Boards and will help foster strong internal and external relationships, enabling an experienced international team to execute with excellence. The successful candidate will possess strong commercial acumen, business partnering skills and quickly demonstrate an understanding of PayPal’s core businesses.

Job Description:

Responsibilities:

• Provide governance and legal entity oversight of Brazil to support the development of PayPal’s business, organization, employees, and brand.
• Hold a statutory officer position with the Central Bank of Brazil for the PayPal Brazil regulated entity(s).
• Support the execution of strategic regulatory engagement plan for Brazil to continually uplift the relationship with key regulatory agencies.
• Function as the senior leadership representative during onsite audits and discussions with regulators on critical issues.
• Help drive legal/regulatory advice on potential growth initiatives and be accountable for the impact on legal entity management.
• Enable the business to move quicker by streamlining processes and ensuring control functions are suitably able to support commercial objectives.
• Ensure the entity has clear and open communication channels back to head office.
• Provide leadership that encourages the management team to further coalesce into a high-performing, unified whole.
• Promote PayPal’s internal and external image and reputation internationally.
• Attract, motivate, develop, and retain superior executive talent.
• Build effective, trust-based, working relationships with Head Office, the local Boards, Regulators, Government, Industry bodies and other key stakeholders.
• Establish and maintain strong contacts with key officials, including legal, legislative, regulatory and law enforcement individuals and organizations.
• Monitor and track legislation and regulatory initiatives impacting PayPal.
• Support crisis management matters with management.
• Understand and support local licensing requirements to ensure appropriate compliance with the obligations and how it can enable strategic business objectives for Brazil.

Qualifications:

• 10+ years’ experience including prior experience as a General Manager / Chief Operating Officer or functional executive, in an international leadership team of a significant financial services business of scale and complexity or in related regulated industries.
• Experience interacting with independent Boards and Regulators.
• Familiarity with the Brazil markets, coupled with perspectives from working in a matrixed environment.
• Knowledgeable about competitive forces within and outside of the industry.
• Track record of driving results for an organization.
• BS/BA Required
• Masters/MBA Preferred

Capabilities:

• Financially astute and knowledgeable about regulated businesses.
• Personal authority and gravitas to have impact and influence at the top level with regulators, business leaders and other key opinion formers.
• Maintain an ambitious yet balanced focus on performance, financial results, client satisfaction, and organizational well-being.
• Strong analytical skills and able to make clear and well-judged decisions in the face of uncertainty.
• Commitment to grow and improve the business in a way that is sustainable, measurable, and long term.
• Inspires and encourages entrepreneurial drive and innovation in the organization.

Interpersonal:

• The interpersonal skills to build mutually respectful, trust-based relationships with head office executives, local boards, and other stakeholders.
• Cultural sensitivity to operate effectively across a diverse international network.
• Demonstrate clear communication and a high-level of emotional intelligence; be a thoughtful listener, exhibiting wisdom and strength when necessary.
• Resilient, self-confident (but not arrogant), able to handle being in the spotlight, calm in a crisis and decisive under pressure.

Leadership and Diplomacy:

• Able to create and articulate an inspiring vision for the organization.
• Track record of attracting and recruiting diverse top talent.
• Lead through change and acts as a role model for new ways and standards of working being open, dependable, and connected.

Executing for Results:

• Ability to set clear and challenging goals while committing to the organization to improve performance; tenacious and accountable in driving efficiencies and results.
• Comfortable with ambiguity and uncertainty; the ability to adapt and lead others through complex situations.
• A risk-taker who seeks data and input from others to foresee possible threats or unintended circumstances from decisions.

Background / Technical Skills:

• Demonstrate a broad understanding of PayPal’s overall value proposition.
• Excellent regulatory relationships and understanding.
• Technical credibility across a broad range of functions.
• Ability to help navigate complex legal entity structures and partnerships.