Sr Mgr. People of Color, Economic Equity

Job Description

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. We're a purpose-driven company, and our beliefs are the foundation of how we conduct business every day. We're guided by our core values of Inclusion, Innovation, Collaboration, and Wellness. Collectively, these values inspire us to work together as One Team with our customers at the center of everything we do, and to take care of ourselves, each other, and the communities in which we live and work. We challenge the status quo, ask questions, and find solutions. Join us as we enable the hopes, dreams, and ambitions of millions of people around the world.

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Location: Flexible to attract best talent and support the expansion of PayPal's Global Social Innovation Team.

At PayPal, we succeed because of our differences, and we continuously search for qualified individuals with diverse backgrounds and lived experiences from around the globe.

Please accompany your CV/resume with a thoughtful cover letter discussing how your candidacy aligns with this role (This is a requirement for your application to be considered). We are eager to fill this role as soon as possible and targeting a Q1 2022 start date.

PayPal

Fueled by a fundamental belief that having access to financial services creates opportunity, PayPal (NASDAQ: PYPL) is committed to making a powerful, positive difference in the world by democratizing financial services and empowering people and businesses to join and thrive in the global economy. Our open digital payments platform gives PayPal's 400 million active account holders the confidence to connect and transact in new and powerful ways, whether they are online, on a mobile device, in an app, or in person. Through a combination of technological innovation and strategic partnerships, PayPal creates better ways to manage and move money, and offers choice and flexibility when sending payments, paying or getting paid. The PayPal platform, including Braintree, Venmo and Xoom, enables consumers and merchants to receive money in more than 100 currencies, withdraw funds in 56 currencies and hold balances in their PayPal accounts in 25 currencies.

PayPal is purpose-driven company whose beliefs are the foundation for how we conduct business every day. 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. We believe access to affordable and convenient financial services should be a right for all rather than a privilege for the few. To achieve this, we are aligned across the company around one central vision: to make the movement and management of money as simple, secure, and affordable as possible. As we democratize financial services for customers, we can enable the hopes, dreams, and ambitions of millions of people around the world.

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 on PayPal, visit https://www.paypal.com/about.

Global Social Innovation Team

Founded in 2015, the Global Social Innovation (GSI) Team is in Corporate Affairs, which is part of the Strategy, Growth, and Data organization of PayPal. The GSI team collaborates with teams across the company to leverage PayPal's unique expertise and extends five types of capital (financial, human, network, intellectual, and reputation) to have sustainable social and environmental impact at scale. It uses a matrix operating model of bodies of work and functions. The bodies of work include (i) increased and diversified giving, (ii) financial health, (iii) economic equity and empowerment, (iv) environmental sustainability and climate resilience, and (v) community response and engagement. The functions include partnerships, employee mobilization, corporate and rapid response, learning, impact investing, customer mobilization, and data, evidence, and analysis for insights and innovation (data for good). To drive social impact and to help sustain our environment globally, the GSI team employs PayPal's platform, products, and assets - especially our people. The Global Social Innovation Team has colleagues based in the US (San Jose, CA; New York, NY; Austin, TX; Washington, DC), and seeks expansion outside of the United States.

Recent Global Social Innovation engagements:

• Digital Finance for Climate Resilience:https://newsroom.paypal-corp.com/2021-10-25-New-Global-Climate-Task-Force-Launches-Framework-for-Digital-Financial-Solutions-to-Improve-the-Climate-Resilience-of-One-Billion-People
• Gender Equality: https://newsroom.paypal-corp.com/2021-06-30-PayPal-Commits-Over-100-Million-to-Advance-Financial-Inclusion-and-Economic-Empowerment-of-Women-and-Girls
• Racial Wealth Equity: https://newsroom.paypal-corp.com/2021-06-02-PayPal-Deposits-135-Million-in-Financial-Institutions-Serving-Black-and-Underserved-Communities-as-Part-of-535-Million-Commitment-to-Advance-Racial-Equity

Job Description Summary

This new role will contribute to PayPal's commitment to do its part to address economic inequities and inequality for underrepresented communities in the United States and globally. Continuing the work and drawing from lessons learned from PayPal's $535M commitment in the United States, you will develop and execute a global strategy (based on the Global Social Innovation's theory of change) for economic empowerment targeting People of Color (including and not limited to Black, Latinx, Indigenous). Your portfolio will also seek to advance racial wealth equity. Your strategy could include opportunities to leverage external partnerships (public, private, nonprofit) and PayPal's:

• Intellectual Property: products, services, and data
• Human Resources: employee time and skills
• Reputation: voice and brand via communications and thought leadership
• Financial Resources: corporate, employee, and customer contributions
• Network: employees, customers (consumers, merchants, charities, developers, large enterprises)

Your strategy will be a part of a global economic equity and empowerment portfolio, which also includes women's economic empowerment, and in the future, your role will expand to include economic empowerment for other underrepresented populations, such as elderly, people with disabilities, and Veterans, among others. Your role will report directly to the Head of Global Social Innovation (who is based in Washington, DC) and will have intersections with other bodies of work, including financial health. This role does not include formal supervision responsibilities, but it will likely form and lead multi-disciplinary teams and working groups across the company. Travel will be light and only when determined safe within COVID pandemic conditions.

Job Qualifications:

Minimum Requirements

Core Knowledge and Skills

Economic Equity and Empowerment Expertise

• Seasoned understanding of barriers to economic equity and empowerment for underrepresented populations of color (in US and/or global).
• Deep knowledge and practice of tactics to remove barriers to economic equity and empowerment for People of Color.
• Familiarity of role of digital financial services towards economic equity and empowerment of People of Color.

Strategy

• Ability to create a tactical and scalable approach and execution plan towards measurable economic equity and empowerment outcomes.
• Exceptional professional judgement and a listening orientation, keen analytical and business strategy skills, and the ability to think critically, make decisions, and justify recommendations and results based on evidence, data, and analysis.
• Proven experience mobilizing various resources to have a measurable social impact, including partnerships, employee time and skills, product, reputational capital, intellectual capital and more.
• Ability to help frame tradeoffs by developing approaches to measure the "but for" impact of our work, such as through comparing outcomes between our actual portfolio and our "anti-portfolio" (the work we do not pursue due to limits on time and money)
• Established network and deep familiarity and relationships with the structure of and network in the economic equity and empowerment, community development communities, and with underrepresented populations.

Management and Operations

• Proven record of self-governance and ability to effectively build, lead, and collaborate with informal teams and working groups of talented and motivated knowledge professionals, especially remotely.
• Forward-thinking and dynamic management style.
• Ability to prioritize and effectively manage competing projects and requests
• Ability to integrate goal setting and related evidence base and data analysis into the annual planning process.
• Record of encouraging a culture of innovation, shared learning, risk taking, and accountability.
• Ability to bring imagination, innovation, and a customer-centered approach to systems of learning, and proven capacity to create and respond to novel and innovative approaches to addressing an issue.
• Superior interpersonal skills, builds and maintains strong relationships/credibility with external counterparties
• Excellent partnership formation and management skills.
• Experience working collaboratively with employees who have diverse abilities and are in different geographies and levels within the organization. Comfort with being only member of Global Social Innovation Team in an office.
• Strong written, presentation, and oral communication skills in English. Please indicate if you can work in any other languages.
• Highly proficient in Microsoft Office (Teams, Word, Excel and PowerPoint, in particular)

Education and Experience

• 12+ years relevant professional experience
• Bachelor's degree minimum. Advanced degrees preferred (social and economic development, development economics, anthropology, or related fields)
• Experience in supporting organizational, systems, and culture change and development.
• Meaningful experience with and/or knowledge of underrepresented populations in low-income and/or developing country context.
• A track record of impact ideally demonstrated throughout a career spanning the private, financial, or public sectors.
• Success in working across time zones, in a matrix, and with stakeholders across several teams.
• Exposure to and comfort with other cultures and the ability to operate comfortably and effectively in various cultural settings.
• Experience building coalitions, public goods, and other field and ecosystem-building

Profile and Work Style

• Creative and critical thinker who approaches projects and partnerships strategic lens and can process diverse sources of information.
• Ability to work independently and thrive in a rapidly changing, fast-paced, high-growth, complex, and results-oriented corporate environment, where a high degree of flexibility and tolerance of ambiguity is required
• Strong self-guided work ethic and excellent ability to multitask and maintain attention to detail, with empathetic responsiveness to the needs of others.
• Strategic thinker and active problem solver
• Patience, resilience, drive, and character to success in a matrix structure
• An inherently collaborative approach and appreciation for entrepreneurialism
• A deep sense of ethics and highest professional standards.
• High levels of energy, passion, and empathy.
• Ability to challenge others with humility and thoughtfulness
• Openness to diverse viewpoints.

Competitive Candidates will have:

• Alignment with PayPal vision, mission, and values; with a commitment to the mission and belief that financial health and economic equity and empowerment can be a major force for social and economic improvement.
• Perspective from direct experience living or working in communities with significant low income or otherwise disenfranchised peoples.
• Strong understanding and commitment to the use of human centered design and indigenous knowledge and techniques of enquiry to enrich evidence with communities and citizens.
• Commitment that evaluations, syntheses and summaries of evidence and insights are commissioned and managed in ways that empower voice and agency of underrepresented populations.
• Understanding of the structure, issues, and trends related to global financial health and economic equity and empowerment, coupled with an understanding of broader financial sector issues and particularly the way that digital technologies and business models are disrupting traditional financial services delivery.
• Familiarity with climate justice and resilience, financial health, gender equality, or philanthropy
• Strong understanding of socio-economic analysis, systems change, and foresight analysis.
• Familiarity with outcomes-based or participatory grantmaking.

For more than 20 years, PayPal has remained at the forefront of the digital payment revolution. By leveraging technology to make financial services and commerce more convenient, affordable, and secure, our open digital payments platform gives PayPal's 400 million active account holders the confidence to connect and transact in new and powerful ways. Through a combination of technological innovation and strategic partnerships, PayPal creates better ways to manage and move money, and offers choice and flexibility when sending payments, paying, or getting paid. Available in more than 200 markets around the world, the PayPal platform, including Braintree, Venmo and Xoom, enables consumers and merchants to receive money in more than 100 currencies, withdraw funds in 56 currencies and hold balances in their PayPal accounts in 25 currencies.

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.

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