At PayPal (NASDAQ: PYPL), we believe that every person has the right to participate fully in the global economy. Our mission is to democratize financial services to ensure that everyone, regardless of background or economic standing, has access to affordable, convenient, and secure products and services to take control of their financial lives.
Job Description Summary:
The Business Development Director will be responsible for the lifecycle of the opportunities from sourcing, to closing, to ongoing management. The Director will work cross-functionally within PayPal to gain stakeholder approval and signoffs required to close commercial agreements. This is an exciting opportunity to work with some of the fastest growing companies in the fintech space.
Job Description:
- Work with PPV’s 70+ portfolio companies on identifying areas of opportunity to collaborate and learn from with PayPal. This could entail workshops, product development or cross-portfolio collaboration opportunities
- Create value for PPV's portfolio companies, ensuring that we are creating the optimal experience for their relationship with PayPal
- Contribute thought leadership and expertise to portfolio companies by joining calls and interacting with their senior leadership
- Responsible for organizing & managing PPV’s internal Advisor Network and ensuring portfolio companies are finding ways to easily leverage this differentiated resource. The Advisor Network is a group of subject matter experts from across PayPal (e.g. PR, technical architecture, cybersecurity, etc.) who have agreed to dedicate time to our portfolio. The Operating Partner should ensure that portfolio companies are aware of this resource and are getting value from it
- Help build PPV’s external brand image and reputation by building a best-in-class operating program and relationship with portfolio companies, as well as hosting in person events regularly to drive portfolio engagement and enhance the sourcing pipeline
- Help respond to ad hoc requests from portfolio companies, including introductions to people / companies in our network, representation at events, or other requests.
- Deliver strategic learnings and market sensing value back to PayPal. This role will be responsible for helping designing internal programs, collateral and events to ensure that PayPal leaders get the benefits of the learnings from our investment and portfolio activity
- Run the day-to-day operations of the fund, including all reporting and analytics for the team and senior leadership.
- Manage all third party vendor relationships
- Work cross functionally with finance, legal, tax, and other internal teams regarding the operations of the fund, including quarterly FP&A reporting
- Manage relationship with 19 Economic Opportunity Funds that PayPal invested in
- Lead a small team to fulfil these responsibilities
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:
To learn more about our culture and community visit https://about.pypl.com/who-we-are/default.aspx
PayPal has remained at the forefront of the digital payment revolution for more than 20 years. By leveraging technology to make financial services and commerce more convenient, affordable, and secure, the PayPal platform is empowering more than 400 million consumers and merchants in more than 200 markets to join and thrive in the global economy. For more information, visit paypal.com.
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 paypalglobaltalentacquisition@paypal.com.
As part of PayPal’s commitment to employees’ health and safety, we have established in-office Covid-19 protocols and requirements, based on expert guidance. Depending on location, this might include a Covid-19 vaccination requirement for any employee whose role requires them to work onsite. Employees may request reasonable accommodation based on a medical condition or religious belief that prevents them from being vaccinated.
REQ ID R0102597