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Manager, Risk Management

Venmo

Chicago, ILJob$106–157K/yrPosted 6 days agoStill listed today

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At a glance

Compensation
$106–157K/yr
Location
Chicago, IL
Work Authorization
Not specified

Olive lists jobs from US employers, including remote roles you can work from the United States.

Job overview

The Manager, Risk Management identifies issues and recommends risk management practices, leads projects to improve risk assessment and mitigation, and works with teams to analyze business trends. The role also contributes to process improvements and guides team members. It requires five or more years of relevant experience and a bachelor’s degree, or an equivalent combination of education and experience. The position follows PayPal’s balanced hybrid work model.

Skills & qualifications

RequiredNice to have

Skills

Risk ManagementSoftware Project ManagementBusiness AnalysisProcess ImprovementsProject CollaborationRisk AssessmentRisk MitigationBusiness Trend AnalysisCross-Functional Team ManagementGovernance Approvals

Qualifications

5+ Years Relevant ExperienceBachelor's Degree or Equivalent Education and Experience

Benefits

Paid Time Off
Medical Insurance

Full job description

The Company

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.

We operate a global, two-sided network at scale that connects hundreds of millions of merchants and consumers. We help merchants and consumers connect, transact, and complete payments, whether they are online or in person. PayPal is more than a connection to third-party payment networks. We provide proprietary payment solutions accepted by merchants that enable the completion of payments on our platform on behalf of our customers.

We offer our customers the flexibility to use their accounts to purchase and receive payments for goods and services, as well as the ability to transfer and withdraw funds. We enable consumers to exchange funds more safely with merchants using a variety of funding sources, which may include a bank account, a PayPal or Venmo account balance, PayPal and Venmo branded credit products, a credit card, a debit card, certain cryptocurrencies, or other stored value products such as gift cards, and eligible credit card rewards. Our PayPal, Venmo, and Xoom products also make it safer and simpler for friends and family to transfer funds to each other. We offer merchants an end-to-end payments solution that provides authorization and settlement capabilities, as well as instant access to funds and payouts. We also help merchants connect with their customers, process exchanges and returns, and manage risk. We enable consumers to engage in cross-border shopping and merchants to extend their global reach while reducing the complexity and friction involved in enabling cross-border trade.

Our beliefs are the foundation for how we conduct business every day. We live each day guided by our core values of Inclusion, Innovation, Collaboration, and Wellness. Together, our values ensure that we work together as one global team with our customers at the center of everything we do – and they push us to ensure we take care of ourselves, each other, and our communities.

Job Summary: This job identifies issues and recommends best practices for risk management, leads projects to enhance risk assessment and mitigation, collaborates with teams to analyze business trends, contributes to process improvements, and provides guidance to team members. Job Description: Essential Responsibilities:

  • Identify issues and recommend best practices for risk management within the organization.
  • Lead functional projects and programs that enhance risk assessment and mitigation efforts.
  • Collaborate with teams to analyze business trends and their implications for risk management.
  • Contribute to process improvements that enhance the effectiveness of risk management strategies.
  • Provide guidance and support to team members in executing risk management initiatives.

Minimum Qualifications:

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

Additional Responsibilities & Preferred Qualifications:

Ability to manage cross functional teams to secure governance approvals for new credit products and strategy changes.

Subsidiary: PayPal Travel Percent: 0

The base pay for this role will depend on where you work and the relevant experience and expertise you bring. The expected range of pay for this role by location is:

Primary Location | Pay Range: Chicago, Illinois: ($106,000.00 - $157,300.00 Annually)

Additional Location(s) | Pay Range: No other locations are assigned to this requisition currently.

Additional compensation for this role may include an annual performance bonus, equity, or other incentive compensation, as applicable. PayPal does not charge candidates any fees for courses, applications, resume reviews, interviews, background checks, or onboarding. When making an application directly, we will never ask you to share passwords, one-time passcodes (OTP), or verification codes. Any such request is a red flag and likely part of a scam. All communication regarding your application will come from official PayPal email domains. If you suspect fraudulent activity, please report it immediately. To learn more about how to identify and avoid recruitment fraud please visit https://careers.pypl.com/contact-us.

For the majority of employees, PayPal's balanced hybrid work model offers 3 days in the office for effective in-person collaboration and 2 days at your choice of either the PayPal office or your home workspace, ensuring that you equally have the benefits and conveniences of both locations.

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 comprehensive, choice-based programs, to support all aspects of personal wellbeing—physical, emotional, and financial—delivering meaningful value where it matters most. We strive to create a flexible, balanced work culture with a holistic approach to benefits, including generous paid time off, healthcare coverage for you and your family, and resources to create financial security and support your mental health.

Who We Are: Click Here to learn more about our culture and community.

Commitment to Diversity and Inclusion 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].

Belonging at PayPal: Our employees are central to advancing our mission, and we strive to create an environment where everyone can do their best work with a sense of purpose and belonging. Belonging at PayPal means creating a workplace with a sense of acceptance and security where all employees feel included and valued. We are proud to have a diverse workforce reflective of the merchants, consumers, and communities that we serve, and we continue to take tangible actions to cultivate inclusivity and belonging at PayPal.

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

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

How this job compares

Set against the 3,899 open Risk Management jobs on Olive Jobs, counted November 5, 2026.

Pay
  • This posting$106–157K/yr
  • Illinois median$127–175K/yr171 salary ranges
  • US median$115–198K/yr2,885 salary ranges

This range's midpoint, $132K, is 18% below the Illinois median midpoint ($160K) — in the middle half of Risk Management salary ranges in Illinois.

Openings
Olive Jobs lists 189 open Risk Management jobs in Illinois and 3,899 across the US. 3% of them nationwide are listed as remote or flexible.
Hiring the most in Illinois
Experience
This posting asks for at least 5 years of experience; Risk Management postings that state a minimum ask for 6 years at the median (3,438 postings).
Education
1,610 of the 3,899 open Risk Management jobs (41%) ask for a bachelor's degree or higher.

Counted across the open, public US postings on Olive Jobs on November 5, 2026. Pay medians are the middle values of the low ends and of the high ends of postings that list both ends of a range in the same cadence (a yearly salary or an hourly rate); a range's midpoint is halfway between its ends. Pay and experience figures resting on fewer than 20 postings are left out.

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