Product Strategy - Venmo Payments at PayPal Inc. in New York, New York

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 revolutionize commerce globally to make moving money, selling and shopping, personalized and secure.



Job Description Summary:

This individual will help Venmo identify and execute against opportunities to optimize our P&L. For example, this person will be obsessed with the entire Venmo experience - looking at how we can drive deeper engagement within & across our ecosystem of productsWe're looking for a world-class strategic thinker to join our team and help us build the future of VP2P payments. You will be working closely with leaders across Venmo to understand the nuances of our consumer-facing products, determine how rewards can help us deliver a more compelling product suite to our customers, and ultimately execute/build a more robust rewards platform.



Job Description:




Meet our team:



Venmo is a small yet mighty team at PayPal and we're excited to bring excellent people on board to help us build exciting new features and concepts for our over 90 million consumers. With this roll, you'll be joining the Venmo Commercial Team. The Commercial Team is responsible for setting the priorities across the Venmo organization while seeking input from our various stakeholders. Further, the Commercial Team is ultimately accountable for our Profit & Loss statement - ensuring Venmo is meeting our business objectives.



Your way to impact/ your day-to-day:



Specifically, you will


A. Obsess over business drivers. After understanding the nuances of the Venmo consumer business, you will think through opportunities that will drive deeper engagement among our existing customer base while remaining net positive for the Venmo business. You will spearhead execution of these strategies with the help of a cross-functional team. This may include:


1. Identifying reasons consumers are leaving the Venmo platform & develop win back strategies.


2. Understand how we can best monetize consumers engaged with Venmo today


3. Work with our customer service team to identify areas of improvement.


4. Obsess over our risk rules - are we offering our customers the best possible experience while managing our explore to fraud?


B. Build business cases, set thresholds, & analyze results. You will build detailed businesses cases for each of your projects and be responsible for promoting/ negotiating across a variety of business priorities. Once prioritized, you will track performance of the various concepts based on business case thresholds, and ultimately be accountable for delivering value to the business.


C. Work closely with a cross-functional team.You will have the opportunity to meet some of the smartest people working in fin tech today - your day-to-day will involve engaging with people in Venmo's Product, Marketing, and Risk organizations; learning from them and contributing to the dialogue.


D. Engage with Venmo and PayPal leadership.You will be responsible for sharing and presenting your concepts and achievements to leaders across the organization.



What you need to bring:



1. Strategic thinking - full of ideas on how we can build the Venmo of the future.


2. Analytical mind - a love of numbers. While this is not a data job, fluency in Excel, building business cases, and an ability to clearly communicate analytical trends to executives is critical.


3. Collaborative nature - willingness to work with teams to deliver against shared objectives.


4.Highly flexible, able to prioritize multiple projects and deadlines to execute well in a fast-paced, rapidly evolving organization.



**We know the confidence gap and imposter syndrome can get in the way of meeting spectacular candidates. Please don't hesitate to apply.




Additional Job Description:




Subsidiary:

Venmo



Travel Percent:

0


-


PayPal is committed to fair and equitable compensation practices.


Actual Compensation is based on various factors including but not limited to work location, and relevant skills and experience.


The total compensation for this practice may include an annual performance bonus (or other incentive compensation, as applicable), equity, and medical, dental, vision, and other benefits. For more information, visit https://www.paypalbenefits.com.


The U.S. national annual pay range for this role is
$82500 to $187990



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 benefits to help you thrive in every stage of life. We champion your financial, physical, and mental health by offering valuable benefits and resources to help you care for the whole you.
We have great benefits including a flexible work environment, employee shares options, health and life insurance and more. To learn more about our benefits please visit https://www.paypalbenefits.com



Who We Are:

Click Here to learn more about our culture and community.


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. For more information, visithttps://www.paypal.com , https://about.pypl.comand https://investor.pypl.com.


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.


Any general requests for consideration of your skills, please Join Our Talent Community.


Notice to Applicants and Employees who reside within New York City. Click here to view the notice.