Director, Bank Controller

PayPal; Utah; Hybrid; USD 153,000 - 227,000; Full time

Benefits offered by this job

Balanced hybrid work model

Job summary

PayPal, Utah-based, seeks a Director of Bank Controller to establish and lead the PayPal Bank controllership function. Reporting to Bank CFO, this role owns books, policy, close, GAAP/regulatory reporting, and audit coordination for a FDIC/state-supervised bank.

You will ensure accurate, auditable financials and liaise with regulators and external auditors. Responsibilities include managing a team, improving control framework, and ensuring compliance for outsourced activities while partnering

Qualifications

• Bachelor's degree in Accounting, Finance, Business or related field (or equivalent).
• Active CPA license required;10+ years accounting and controllership experience in banking environment.
• Experience with CECL/ASC 326, Call Reports, and bank regulatory reporting.

Responsibilities

• Lead a team of financial controllers and drive performance.
• Oversee month-end close, policy setting, and ICFR governance.
• Coordinate external audits and regulatory reporting with regulators/auditors.
• Partner with Finance, Treasury, Risk, Legal, Tax and Ops on strategic initiatives.

Skills

CPA license

GAAP knowledge

Regulatory reporting

Leadership

Close & reconciliation

Education

Bachelor's degree in Accounting/Finance/Business

Tools

Bank accounting systems

Regulatory reporting platforms

Job description

The CompanyPayPal 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:The Director, Bank Controller is a Utah-based leader responsible for establishing and leading PayPal Bank’s controllership function. Reporting to the Bank CFO, the Director owns legal-entity books and records, accounting policy, close and balance-sheet controls, GAAP and regulatory reporting, ACL accounting, internal controls, and external audit coordination.The Director is accountable for accurate, complete, timely, and auditable financial information and an accounting framework appropriate for an FDIC- and state-supervised industrial bank. The role retains authority over ledger integrity, accounting decisions, key journal entries, reporting certifications, and submissions, while overseeing affiliate and third-party services. The Director partners with Finance, Treasury, Risk, Legal, Tax, Operations, Technology, and Internal Audit and serves as the Bank’s accounting subject-matter expert for regulators and external auditors.Job Description:Essential Responsibilities:Manage a team of financial controllers and ensure their effective performancePerform risk assessments and identify improvements in the control and risk management frameworkDevelop and maintain accounting and reporting processes in compliance with laws and regulationsMonitor Key Performance Indicators and Key Risk Indicators to drive operational performanceEnsure regulatory compliance of outsourced activitiesManage the month close process and present reports to senior leadershipAs a finance leader, you will help shape the strategy for CAO and finance, and influence decision making of stakeholders across the enterprise.Minimum Qualifications:10+ years relevant experience and a Bachelor’s degree OR Any equivalent combination of education and experience.Additional Responsibilities & Preferred Qualifications:Required Qualifications:Bachelor’s degree in Accounting, Finance, Business, or a related discipline (or equivalent combination of education and experience); active CPA license required.10+ years of progressive accounting and controllership experience, including meaningful experience within an insured depository institution or comparable regulated banking environment.5+ years in a senior management or Director-level role with responsibility for accounting teams, financial reporting, regulatory reporting, and first-line controls.Deep knowledge of bank GAAP and regulatory accounting, including Call Report preparation, standalone bank financial statements, CECL/ASC 326, investment securities, loan, deposit and payments accounting, regulatory capital, and intercompany accounting.Demonstrated experience with close and reconciliation governance, accounting policy, ICFR, external audit, control-deficiency evaluation, and Part 363 or SOX environments.Experience with bank accounting systems, general ledgers and subledgers, data lineage, interface controls, and oversight of activities delivered through affiliate or third-party service arrangements.Direct experience supporting banking regulators and communicating complex accounting, data, control, and service-provider matters to auditors, executives, technologists, and Board-level stakeholders.Preferred Qualifications:Experience with a de novo bank charter, industrial bank buildout, bank conversion, acquisition, or comparable financial-institution transformation.Big Four or other major public-accounting experience serving banks or financial institutions.Experience with affiliate-supported or outsourced operating models, including service governance, performance monitoring, Regulation W, TPRM, SOC reports, and contingency planning.Experience with merchant and/or consumer lending, digital deposits, acquiring and settlement accounting, bank regulatory-reporting platforms, and CECL production.Subsidiary:PayPalTravel Percent:10-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:Utah - (Virtual): ($152,500.00 - $226,600.00 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.PayPal does not charge candidates any fees for courses, applications, resume reviews, interviews, background checks, or onboarding. When making an application directly, we will never ask you to share passwords, one-time passcodes (OTP), or verification codes. Any such request is a red flag and likely part of a scam. All communication regarding your application will come from official PayPal email domains. If you suspect fraudulent activity, please report it immediately. 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 comprehensive, choice-based programs, to support all aspects of personal wellbeing—physical, emotional, and financial—delivering meaningful value where it matters most. We strive to create a flexible, balanced work culture with a holistic approach to benefits, including generous paid time off, healthcare coverage for you and your family, and resources to create financial security and support your mental health.Who We Are:Commitment to Diversity and InclusionPayPal 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 [e-mail] 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.