Manager of Best Execution

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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.

The Manager of Best Execution is responsible for ensuring the firm delivers best execution on customer orders for all securities products offered.

Meet our Team:
Over the last year, PayPal has introduced a range of new products and features for our customers around the world, significantly expanding the functionality of the PayPal app and introducing new ways to use PayPal in more places, both digitally and in physical environments.In 2021, PayPal introduced the new PayPal app, an all-in-one, personalized app that provides PayPal customers with a single destination to easily and securely manage their daily financial lives and do more with their money. This included new features and services like high yield savings, early access to direct deposit funds, new and improved bill pay functionality, messaging capabilities enabling family and friend communications, as well as additional crypto capabilities, and customized deals and offers.

Your way to impact:
The Manager of Best Execution will establish procedures and routines for order routing decision making and execution performance analysis. The individual will work closely with data vendors and the clearing firm to establish exception reporting for analysis. Focus will be on data analysis and reporting to the best execution committee. Routine follow ups with the clearing firm and market centres will also be a key aspect of this role. Individual will remain abreast of industry trends and regulatory topics relating to best execution to ensure adherence to rules. The individual will work closely with Invest compliance to develop and maintain department procedures and books and records.

Your Day to Day:
Implement procedures and reviews to ensure the Firm is achieving best execution for customer orders. Order and execution data review and analysis with clearing firm to include daily and monthly exception reports - implement external data vendor tools as needed. Assemble, report and present data to the Best Execution Committee. Order routing decision support analysis including reviews of alternative markets; coordinate order routing changes when necessary. Maintain books and records for supervision and internal and external audits

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 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, visit paypal.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 [email protected].

As part of PayPal's commitment to employees' health and safety, we have established in-office Covid-19 protocols and requirements, based on expert guidance. Depending on location, this might include a Covid-19 vaccination requirement for any employee whose role requires them to work onsite. Employees may request reasonable accommodation based on a medical condition or religious belief that prevents them from being vaccinated.

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More Information on PayPal
PayPal operates in the Fintech industry. The company is located in San Jose, CA. PayPal was founded in 1998. It has 34450 total employees. It offers perks and benefits such as Volunteer in local community, OKR operational model, Flexible Spending Account (FSA), Disability insurance, Dental insurance and Vision insurance. To see all 18 open jobs at PayPal, click here.
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