VP, Ad Sales, PayPal Ads

Company:  PayPal
Location: New York
Closing Date: 08/11/2024
Hours: Full Time
Type: Permanent
Job Requirements / Description

The CompanyPayPal 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 Description Summary:PayPal Ads is looking for an experienced global advertising sales leader with a track record of building and scaling an ad sales and account organizations globally that meet our advertiser's marketing objectives and exceeds PayPal's revenue targets. You and your team of sellers and account managers bring advertisers onto the ads platform. In this role, you are responsible for all advertiser engagement related to PayPal's Ads Platform, leveraging industry connections and category expertise to identify and secure new business and to maintain strong and growing client relationships.Job Description:VP, Ad Sales, PayPal AdsAbout PayPal AdsPayPal Ads' vision is to be the premier commerce-centric advertising platform, seamlessly connecting PayPal, Venmo, and Honey users with advertisers and merchants. We help advertisers and merchants sell more products and services effectively, enabling consumers to discover and buy what they love. Leveraging transaction data from approximately a quarter of the world's $6 trillion in digital commerce and nearly 400 million active accounts annually, our platform empowers advertisers to engage customers through the entire marketing funnel-from awareness to purchase, loyalty, and advocacy.We are establishing a new PayPal Ads division to drive the growth of our advertising business. With a dedicated organization responsible for our comprehensive suite of advertising products, PayPal Ads will empower merchants and brands to reach and convert our highly engaged user base across PayPal, Venmo, and Honey platforms in multiple markets, revolutionizing global commerce.About the rolePayPal Ads is looking for an experienced global advertising sales leader with a track record of building and scaling an ad sales and account organizations globally that meet our advertiser's marketing objectives and exceeds PayPal's revenue targets. You and your team of sellers and account managers bring advertisers onto the ads platform. In this role, you are responsible for all advertiser engagement related to PayPal's Ads Platform, leveraging industry connections and category expertise to identify and secure new business and to maintain strong and growing client relationships. You will identify the best talent, hire, onboard and grow them in multiple markets globally, incl. the US, UK and Germany. We seek a high-performing team leader who drives results rapidly while delivering profitable growth for the PayPal Ads business. In this role, you have the opportunity to significantly extend PayPal's value proposition to our three-sided network while being instrumental in developing our new advertising business for the company. This role will be reporting into the SVP of PayPal Ads.Responsibilities:Develop and execute revenue strategy that enables teams to exceed global advertising revenue targetsBuild and lead a high-performing and diverse sales and account management globallyResponsible for delivering advertising revenue across PayPal Ads surface globallyOwn and drive revenue growth by leading teams and participating fully in identifying upsell opportunities, best practice implementations, co-marketing programs, and jointly developing solutions that meet mutual customer needs and strategic objectivesDevelop relationships and credibility required to effectively convey the value of PayPal's solutions and vision to C-level executivesNegotiate favorable commercial terms, contracts, and agreements that create sustainable, long-term value for all parties and employ superior negotiation and communication abilities as an influencer while embodying integrity and trustAccelerate results through superior pipeline management, navigating internal and external product roadmaps, and influencing resource allocationAs the voice of the customer, based on learnings and competitor analysis, provide valuable insights on product enhancements, new solutions, and go-to-market strategiesUnderstand the advertising industry to drive meaningful consumer experiences and business results for global advertisersPrepare and give business reviews to PayPal and partner senior leadershipPartner with cross-functional leadership to align on sales structure, revenue targets and KPIsPerform revenue modeling and forecasting to inform and optimize revenue organization strategy, priorities, and processesCollaborate with operations, product and finance teams to inform ads surfaces/inventory, formats, targeting and pricing needed to enable advertisers to engage audiences across advertiser goals of awareness, trial and conversionWork with the VP, Ad Operations to create joint business plans with major advertisersDrive for results with a bias toward action based on a comprehensive strategyQualifications:Degree in Business Administration, or a related field Master or PhD preferred20+ years of experience in ad sales at media provider15+ years' experience in leading ad sales globallyDeep understanding of the advertiser, agencies, and merchant branding and performance needsNetwork and close working relationship with advertiser, agency decision-makersProven track record of building and managing a multi-million dollar advertising businessFarmer and hunter People Manager and DoerConsistent achievement of sales quota on an individual and team levelHired and managed highly successful ad sales organizationsExperience in scaling and developing internationally dispersed teamsDeep understanding of the advertiser, agencies, and advertiser branding and performance needsFamiliarity with incentive-based pay structure is the key to managing high-performing and motivated teamsStrong financial and business acumen with a high degree of comfort engaging with technical leaders internally and externallyExperience negotiating complex contracts and achieving favorable deal terms to the companySuperior relationship-building and exceptional consultative sales skills with a passion and hunger to winExcellent sales skills and the ability to communicate complex ad solutions effectivelySuccessful track record building out sales organizations and partnerships with cross functional leadersAbility to navigate altitudes (shifting between strategic and tactical)Ability to synthesize complex information into the essential points to inform executive decision-makingOutstanding communication and influencing skillsResults-oriented, analytical, self-motivated, and a "hands-on" leader with a proven ability to meet objectives/targets, develop and scale a team, and cultivate superb relationships with cross-functional teamsTravel required, as necessary for operations activities and leadership reviewsExperience and appreciation for cultural nuances when working internationallyExecutive presentation skills; including in-person, written, and verbalAdditional Job Description:Subsidiary:PayPalTravel Percent:20-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 U.S. national annual pay range for this role is$250000 to $360000For 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 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 We Are:Click Here to learn more about our culture and community.Commitment to Diversity and InclusionPayPal 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 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.Notice to Applicants and Employees who reside within New York City. Click here to view the notice.Minimum Salary: 250000.00 Maximum Salary: 360000.00 Salary Unit: Yearly

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