Head of Stock Administration

Company: PayPal, Inc.
Location: Scottsdale
Posted on: September 17, 2020

Job Description:

Who we are Fueled by a fundamental belief that having access to financial services creates opportunity, PayPal (NASDAQ: PYPL) is committed to democratizing financial services and empowering people and businesses to join and thrive in the global economy. Our open digital payments platform gives PayPal’s 305 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. 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.

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Job Description Summary:

PayPal’s Legal team is looking for an experienced and dynamic stock plan administrator to lead PayPal’s administration of equity plans globally. In this role, you will strategically partner with other PayPal legal professionals and stakeholders, including HR, tax, accounting, payroll, and treasury. As Senior Manager of Global Stock Plan Services, you will report to VP, Corporate Legal and Secretary at PayPal. Job Description:

Job Responsibilities:

Manage a global equity team with a strong focus on collaboration and process optimization and ensure this highly-visible function provides extraordinary customer service to PayPal’s employees.

Broad and comprehensive expertise and experience leading a global equity team responsible for the administration and reporting of stock options, restricted stock units, performance-based restricted stock units, employee stock purchase plan and similar plans.

Drive end-to-end accountability and a tight partnership with key stakeholders across PayPal.

Oversee processing and controls over transactions processed online (e.g. issuance of grant agreements, option exercises, cancellations of options and RSUs, activity in an employee stock purchase plan) via E*TRADE platform.

Oversee and manage relationship with E*TRADE with responsibility for ensuring the service provider operates in a cost-effective manner and is providing a best-in-class online experience for PayPal equity holders.

Strategically partnering with the compensation team, develop a list of key performance indicators of the company's equity programs that can be tracked and benchmarked to other companies.

Strategically partnering with the business technology team to automate reporting between equity administration system and systems used for payroll (earnings and taxes) and human capital management for real-time reporting of equity transactions and drive continuous transformation.

Strategically partnering with the Corporate Secretary, timely file Section 16 reports and help to ensure compliance with the Insider Trading Policy.

Assist in the preparation of the equity footnote in the Company's audited financial statements, as well as the annual proxy statement.

This role and members of the team will provide regular employee education sessions (recorded and live sessions with employees around the globe).

This role will oversee a team responsible for controls, financial reporting, tax reporting for multiple foreign jurisdictions in partnership with third party tax and legal counsel.

Maintain process documentation and list of key controls for use by internal and external auditors and in support of requirements under Sarbanes-Oxley.

Responsible for monthly reporting and analysis of equity activity by participants.

Respond timely to frequent ad-hoc reporting requests.

Qualifications:

7+ years in a role responsible for global equity administration at a publicly-traded company (with 3+ years in a managerial position)

Experience with Equity Edge Online strongly preferred

Broad experience with different equity award forms (e.g., RSU, PBRSU, PSU, stock options, and ESPP).

Experience with various forms and filings with the Securities and Exchange Commission (Proxies, Form 4's, executive compensation tables)

Familiarity with concepts and issues related to administration of equity programs with global workforce (e.g., tax).

Extensive experience working cross functionally on equity matters with colleagues in legal, finance and human resources.

Proven track record of leveraging technology to support growth at scale.

Demonstrated experience driving extraordinary customer service in a cost-effective manner.

Bachelor's degree

Certified Equity Professional certification preferred

Subsidiary:

PayPal Travel Percent:

0 Primary Location:

Scottsdale, Arizona, United States of America Additional Locations:

We're a purpose-driven company whose beliefs are the foundation for how we conduct business every day. We hold ourselves to our One Team Behaviors which demand that we hold the highest ethical standards, to empower an open and diverse workplace, and strive to treat everyone who is touched by our business with dignity and respect. Our employees challenge the status quo, ask questions, and find solutions. We want to break down barriers to financial empowerment. Join us as we change the way the world defines financial freedom.

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 .

Posted 24 Days Ago

Full time

R0059152

About Us At PayPal we are reimagining money, democratizing financial services, and giving people more ways to safely connect to their money and to each other. We are purpose-driven and looking for people who want to join us at the forefront of the digital payments revolution.  Learn more about privacy-related questions or data retention. Please note that this site has updated features that can’t run on older versions of Internet Explorer. Please use IE11 or MS Edge for an optimal experience.

Keywords: PayPal, Inc., Scottsdale , Head of Stock Administration, Other , Scottsdale, Arizona