Product Review Risk & Compliance

PayPal

Job Description

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 392 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.

See below.

Job Responsibilities:

  • Providing guidance to business partners relating to the development of controls for critical business processes to mitigate compliance/operational risk.
  • Assist Product team and Enterprise Risk Partners reviewing controls identified by FLOD
  • Support the intake and review of Product related initiatives, including new products, enhancements, regional expansion and deprecation
  • Attend deep dive sessions with product owners to further understand product solution, use cases, and relevant risks.
  • Identify potential risks within specialized areas (e.g. Privacy, AML, InfoSec) which may require SME review, and ensure that cross-functional stakeholders are engaged
  • Present product functionality and open risks to Compliance leadership at routine meetings and debrief sessions.
  • Update system of record with risks, concerns and product related questions along with identified controls and/or mitigation measures
  • Assisting in execution of the compliance risk assessments.
  • Supporting ongoing and targeted compliance monitoring and/or testing.
  • Sign off on relevant risks through documentation of approval for controls, mitigation or non-applicability.
  • Provide ongoing oversight of relevant initiatives through post-launch monitoring to ensure integration, adoption, complaints, and customer comprehension issues have been addressed.
  • Assisting with the development of SOPs and applicable policies.
  • Preparing periodic reports summarizing the business units’ risk and control environment.
  • Engaging key Risk and Compliance program stakeholders to help support business unit initiatives.
  • Collaborate with cross-functional team professionals; strive to deliver exceptional and responsive service by providing risk and compliance management expertise in a clear, solution oriented and customer-focused manner.
  • Support execution of regulatory change management initiatives.
  • Escalate timely and actionable information to key stakeholders.
  • Support management and operations with problem solving on regulatory matters.

Qualifications/ Education/Experience/Skills:

  • Strong knowledge of global financial institutions, money service business, and/or banking compliance, including significant knowledge of anti-money laundering, data protection, anti-corruption/Foreign Corrupt Practices Act, and consumer protection regulations.
  • Years of Experience: 5+years of experience.
  • Degrees or Certifications: BA/BS degree
  • Demonstrated ability to build and maintain relationships with key stakeholders, including strengths in influencing, conflict management, and negotiation.
  • Extensive experience in partnering with and counseling senior business clients, particularly in the context of a rapidly changing environment.
  • Strong problem solving and operational process skills and attention to detail.
  • Excellent ability to analyze regulatory risks in complex business processes, and recommend controls to mitigate those risks.
  • Excellent presentation and project management skills with the ability to successfully work multiple issues at one time.
  • High energy and creativity, an entrepreneurial spirit and the desire to work in a growing and changing environment.
  • Ability to operate with strong integrity with the ability to handle projects of a sensitive and confidential nature.
  • Strong computer knowledge; excellent MS Word, Excel, Visio, and PowerPoint skills.
  • Strong analytical, cross-referencing and deductive reasoning skills. Ability to problem-solve, review and analyze data, locate its source, effectively assess risk, identify root cause of issues and identify operational efficiencies.
  • Ability to determine best course of action/make sound recommendations
  •  Self-motivated. Must be able to work in a fast-paced environment with frequent interruptions and work effectively under the pressure of deadlines.
  • Solid communication skills, both written and verbal, and the ability to communicate with several stakeholders.

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.

R0072814

Job ID: 7753

Posted 20 days ago

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