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Manager, Compliance Communications in Plymouth Meeting, Pennsylvania, United States of America at PayPal

Date Posted: 6/9/2022

Job Snapshot

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.

PayPal’s Compliance team is looking for a highly engaged individual who is ready to use their extensive knowledge of regulatory marketing/advertising rules, “roll up their sleeves” and operate in a fast-paced fintech start-up environment as a member of Operations Compliance. The Operations Compliance team is responsible for providing regulatory guidance to business partners in various functions critical to PayPal Invests adherence to industry regulations including the review and approval of Advertising & Sales Literature in support of the PayPal Invest (broker-dealer). In this role, you will work autonomously, as well as collaboratively, with team members in various roles across the PayPal organization. As a Manager Compliance Communications Review, you will report to the Sr Director, Head of Operations Compliance, and responsibilities will include, but are not limited to: - Active participant in the creation of communication and marketing materials - Review of communications and marketing materials for compliance with applicable regulatory requirements and internal compliance policies. - Proactively attend meetings and hold ad hoc discussions with business partners and other areas to understand new initiatives, offer compliance guidance, and determine the potential impact to communications and marketing materials. - Provide regulatory and compliance subject matter expertise and review to product and marketing business partners within PayPal’s new broker dealer and affiliated PayPal entities - Develop and implement regulatory policies and procedures for PayPal Invest advertising and marketing. - Develop Compliance Training and Review Business Training. - Execute on scheduled and ad-hoc new assignments and projects; provide advice and recommendations on complex and high-impact initiatives Compliance Management reporting You will perform, identify, and maintain the relevant Communications, Advertising & Sales Literature Risk & Controls Self-Assessment for assigned areas working with marketing, product, operations, risk, compliance, and legal to ensure offerings meet regulatory and firm policy requirements, collaborating with stakeholders to ensure any updates or corrective actions are fully implemented.

Communication with the Public - Review and provide supervisory approval of all Invest sales literature and advertising. 

  • Develop and maintain an advertising & sales literature review system meant to capture the firm’s review and approval of all communications with the public as prescribed by FINRA rules including email and social media.
  • Review of communications and marketing materials for compliance concerns and issues based on applicable regulatory requirements and internal compliance policies.
  • Attend meetings and hold ad hoc discussions with business partners and other areas to understand new initiatives, offer compliance guidance, and determine the potential impact to communications and marketing materials.
  • File firm’s advertising & sales literature with FINRA as required/needed

Advisory – Provide regulatory compliance subject matter expertise to business partners

  • Provide guidance in the application of a rule or regulation (ex. Communications with the Public Rules, FINRA 3110)
  • Act as a PayPal Invest business advocate as a pro-active partner/resource for risk and compliance functions.
  • Develop and maintain relationships with marketing and product business partners in support of oversight program
  • Develop written supervisory procedures, compliance and desk policy requirements that will apply to current and proposed securities related business activities 
  • Provide guidance in the application of regulatory requirements and standards or interpretations of firm policies.
  • Provide direction on regulatory derived education or marketing system enhancements projects
  • Perform and maintain periodic regulatory risk assessments for the brokerage marketing, product, and education functions – partner with Risk and First Line teams to establish effective monitoring and controls

Training – Develop Compliance Training and Review Business Training

  • Identify needs and assist in developing Compliance training to comply with FINRA Continuing Education Firm Element requirements.
  • Identify needs to develop ad-hoc Compliance training (ex. When a relevant new rule or regulation is approved)
  • Review business partner training and internal communications for compliance with regulatory standards
  • Create and distribute internal communications when pertinent regulatory guidance or information is published (e.g. annual FINRA Examination Priority letter, Compliance Alert memos, etc.)

Compliance Reporting, Projects & Strategic Initiatives – Execute on ad-hoc, new assignments and projects; delivers complex and high-impact recommendations and meaning Compliance Management reporting

  • Partner with business partners and other support areas on cross-functional teams and projects to support business growth and infrastructure development
  • Assist in developing compliance KRI’s and KPI’s and other compliance reporting including Annual 3130 Certification Report.

KNOWLEDGE/EXPERIENCE

  • Bachelor's degree preferred or 5-10 years or equivalent experience.
  • 5+ years of regulatory experience within a broker-dealer compliance function and/or with fintech companies.
  • Solid understanding of SEC and FINRA regulation, including practical applications of regulatory rules in broker-dealer operations (ex. Regulation Best Interest, Form CRS, FINRA 2210 and 3110)
  • Specific knowledge of FINRA and SEC regulations and interpretations relating to advertisements by broker-dealers and/or investment advisors
  • Experience with testing and monitoring communications with public and broker-dealer risk and control frameworks.
  • Active FINRA Series 7 license, 24 required.

SKILLS:

  • Ability to manage time independently and effectively, prioritize work to meet multiple tight deadlines while paying strong attention to detail
  • Proven ability to think fast, summarized complex thoughts, learn, and respond quickly in a fast-paced environment
  • Ability to identify dependencies and leverage multiple sources of information simultaneously
  • Solid critical, creative, and analytical thinking, decision making and innovative problem-solving skills.
  • Excellent verbal and written communication skills.
  • Strong reputation for integrity and ability to balance business partnership with the need to exercise independence judgment and to raise issues in a timely and constructive manner.
  • Proven ability to develop strong relationships and consensus building with various stakeholders, including senior and executive management.
  • High energy and a desire to work in a result- and team-oriented, rapid growth environment
  • Ability to work independently and within a virtually and in person team environment.

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 paypalglobaltalentacquisition@paypal.com.

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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