Manager, Venmo BNPL Credit Risk Strategy

PayPal•Chicago, IL

3d•$160,500 - $238,700•Hybrid

About The Position

This person will launch and manage the Venmo BNPL product from a credit risk strategy perspective. This will include both short term and long term lending products. They will be responsible for credit risk strategies including approve/decline, exposure limits, and APR decisions. They will make decisions regarding credit bureaus and other data integrations. They will work with the Lending Machine Learning team to identify existing models, or develop new credit risk models to be leveraged in their strategies. They will work with engineering and product partners to define requirements and implement policies. They will work with legal, compliance, second line, and governance partners to adhere to all regulatory requirements and receive necessary approvals. They will contribute to reporting, loss forecasting, and budgeting projections.

Requirements

5+ years relevant experience and a Bachelor’s degree OR Any equivalent combination of education and experience.

Nice To Haves

7+ years in consumer lending credit risk, particularly account origination
2+ years experience with BNPL products
2+ years people management experience

Responsibilities

Lead and manage data science projects, ensuring timely delivery and alignment with business goals.
Develop and maintain data models, algorithms, and reporting systems to support data analysis and decision-making.
Analyze complex datasets to identify trends, patterns, and insights that drive strategic initiatives.
Collaborate with cross-functional teams to understand data needs and provide actionable insights.
Ensure data quality and integrity through regular audits and validation processes.
Mentor and guide junior data scientists, fostering a culture of continuous learning and improvement.