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Financial Crime Specialist in Luxembourg at PayPal

Date Posted: 6/12/2021

Job Snapshot

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.

PayPal Europe is seeking a dynamic, innovative and driven Financial Crime Specialist to join our Risk and Compliance team in Luxembourg. This role reports to the Money Laundering Reporting Officer (MLRO) and is part of the Luxembourg MLRO team. This team provides support and oversight of the AML/CTF program for PayPal Europe and EMEA markets. This includes the current PayPal core products, its adjacencies and any further integrations and new products. The Financial Crime Specialist is an active and key player within the Luxembourg teams and as well within the Global Financial Crime teams as it supports the MLRO mission to protect the brand and to enable sustainable growth of the business, by strengthening the regulatory engagement, by enhancing the internal controls, processes and policies and by maintaining adequate level of oversight. The candidate needs to have significant Financial Crime expertise with the ability to work in a fast-paced environment across many functional groups, to demonstrate ownership and responsibility, to understand the customer experience and to make business-oriented recommendations.

Job Description Summary

PayPal Europe is seeking a dynamic, innovative and driven Financial Crime Specialist to join our Risk and Compliance team in Luxembourg.

This role reports to the Money Laundering Reporting Officer (MLRO) and is part of the Luxembourg MLRO team. This team provides support and oversight of the AML/CTF program for PayPal Europe and EMEA markets. This includes the current PayPal core products, its adjacencies and any further integrations and new products.

The Financial Crime Specialist is an active and key player within the Luxembourg teams and as well within the Global Financial Crime teams as it supports the MLRO mission to protect the brand and to enable sustainable growth of the business, by strengthening the regulatory engagement, by enhancing the internal controls, processes and policies and by maintaining adequate level of oversight.


The candidate needs to have significant Financial Crime expertise with the ability to work in a fast-paced environment across many functional groups, to demonstrate ownership and responsibility, to understand the customer experience and to make business-oriented recommendations.


Main Core Duties and Key Strategic Objectives

  • Enabling sustainable growth of the business with the review and assessment of the risks associated to customers, to providing timely and compliant recommendations.
  • Maintaining robust tracking of AML/CTF metrics, documentation and data for program support including various Financial Crime related forums. 
  • Performing testing on key processes. 
  • Ensuring adequate integration of AML/CTF processes for new products and businesses. 
  • Force of proposal for enhancement and update in Policies, SOPs and guidelines by partnering with Business, Product, Operational and Training teams. 
  • Actively maintain an up to date understanding of the requirements of the Luxembourg legislation and any other relevant regulations and guidance related to Financial Crime.
  • Fostering strong working partnerships with stakeholders across the relevant local and Global teams.
  • Assisting and supporting on AML/CTF related regulatory duties and requests.

About you 

  • You have relevant knowledge and years of experience in the Financial Crime space.  
  • You possess excellent verbal and written communication skills in English with knowledge of French being a valuable asset.
  • You can prioritize work, multi-tasks effortlessly, meet deadlines, and achieve goals.
  • You work efficiently under pressure in a dynamic and complex environment.
  • You must be self-motivated, dependable, adaptable, and detail-oriented.
  • You have a proven ability to work independently, autonomously and within a team environment.
  • You are adaptable in unexpected situations, comfortable dealing with ambiguity and uncertainty.
  • You operate with strong integrity and the ability to handle projects of a sensitive and confidential nature.
  • You possess solid analytical, problem solving, and critical / creative thinking skills.
  • You demonstrate solid interpersonal skills and ability to build relationships with peers and business support partners.

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.

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