Trade Support & Middle Office Operations Associate

Job Description Summary

PayPal is seeking a Trade Support and Middle Office professional with Fixed Income and Foreign Exchange experience to assist the Treasury Operations and Controls team within PayPal’s corporate treasury. This team is responsible for supporting all cash investment and foreign exchange activities across PayPal’s global $40+bn of corporate and customer cash management activities. In addition, this team is responsible for the risk governance and controls which ensure the integrity of Paypal’s treasury operations.

Job Description

The responsibilities of this role will include Treasury operations / trading support, including Investments, FX, and other relevant Treasury transactions:

• Supporting the overall Fixed Income and Foreign Exchange investment processes, working with portfolio managers, traders, Risk Management team and other functions , etc. to ensure smooth operation of treasury capital markets activity
• Trade confirmation, matching, and settlement of fixed income and foreign exchange trades
• Conduct various reconciliations of cash, positions, transactions, etc. with external and internal systems, platforms, and providers
• Assist with the month-end close process management
• Fixed income and FX key vendor and system management, including new system setup: StateStreet, Bloomberg AIM, CTM, FXALL, Reval, DTCC
• FX and Investments counterparty onboarding, KYC, ISDA, SSI, LEI support
• Coordinate with PayPal’s custodian and Treasury Accounting teams to support review of accounting and reconciliations in addition to reporting and monitoring collateral postings
• Work with PayPal’s custodian to ensure trade settlement and resolve any trade flow obstacles
• Settlement / tracking / reporting support for other Treasury transactions such as Debt, Share Repurchase, etc.
• Automation of operational processes and procedures (utilization of Python preferred)

Treasury Operational Risk Management:

• Support relevant operational / process controls in conjunction with SOX and other processes
• Policy exception tracking and reporting
• Treasury / Risk policy maintenance support, including Policy exception tracking and reporting
• Assist with Treasury audits, second line interactions as required
• Assist with the development and implementation of key operational risk indicators, monitoring mechanisms, and related notification / escalation pathways
• Partner with Treasury stakeholders and internal risk/control functions to analyze root cause and remediate issues

​Position Requirements:

The ideal candidate will have 5+yrs experience in a fixed income middle office / investment operations support capacity, coupled with programming skills / experience.  Additionally, the ideal candidate will have working knowledge of the following relevant systems: Bloomberg AIM, DTCC’s Central Trade Matching (CTM) service, FIS/Quantum, Clearwater, FXALL, Reval, Markit

• Bachelor’s degree required, finance or business degree preferred
• 5+ years professional experience in fixed income / FX middle office/operations related role
• Python programming skills / experience preferred
• Strong initiative, energy, and effective communication skills
• Ability to manage multiple projects under tight deadlines