Director, Bank Controller

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

Benefits offered by this job

Annual bonus

Equity/Other incentive compensation

Flexible work options

Job summary

PayPal, Inc. in Utah seeks a Director, Bank Controller to lead PayPal Bank’s controllership function, owning books, accounting policy, close, GAAP/regulatory reporting, and audits.

Reports to Bank CFO and partners with Finance, Treasury, Risk, Legal, Tax, Operations, Tech, and Internal Audit as the accounting SME for regulators and auditors. The role requires CPA, 10+ years in accounting/controllership within regulated banking, and 5+ years in senior management.

Qualifications

• CPA license required; 10+ years accounting and controllership experience; 5+ years in senior management with responsibility for accounting teams and reporting

Responsibilities

• Manage a team of financial controllers and ensure effective performance
• Perform risk assessments and improve control and risk management framework
• Develop and maintain accounting and reporting processes in compliance with laws and regulations
• Monitor KPIs and KRIs to drive operational performance
• Ensure regulatory compliance of outsourced activities
• Manage month-end close and present reports to senior leadership
• Shape CAO and finance strategy and advise stakeholders across the enterprise

Job description

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. 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 performance
• Perform risk assessments and identify improvements in the control and risk management framework
• Develop and maintain accounting and reporting processes in compliance with laws and regulations
• Monitor Key Performance Indicators and Key Risk Indicators to drive operational performance
• Ensure regulatory compliance of outsourced activities
• Manage the month close process and present reports to senior leadership
• As 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: PayPal Travel 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.

Our Benefits:

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. 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.

Commitment to Diversity and Inclusion:

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.

Belonging 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.

PayPal is on a mission to revolutionize commerce globally.

We’re driving our company, industry, and society forward with vision and velocity. With our commitment to excellence, innovation, and talent, the possibilities are limitless. Learn more at PayPal.com/Jobs.

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