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Manager, Regulatory Compliance in Toronto at PayPal

Date Posted: 6/14/2021

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.

Delivering on the regulatory requirements for PayPal Canada Co., this position is responsible for second line oversight of the PayPal Canada’s Risk and Compliance Management Program driving a data-driven approach that meets both the PayPal global framework and all local regulatory requirements.

Job Responsibilities:

  • Delivering on the regulatory requirements for PayPal Canada, this position is responsible for support of second line oversight of the PayPal Canada’s Risk and Compliance Management Program driving a data-driven approach that meets both the PayPal global framework and all local regulatory requirements.
  • Assessing new regulation and its applicability to PayPal Canada, as well as provide assistance to stakeholders for compliance with regulatory obligations.
  • Providing guidance to business partners relating to the development of controls for critical business processes to mitigate compliance/operational risk.
  • Assisting in execution of the compliance risk assessments.
  • Supporting ongoing and targeted compliance monitoring and/or testing.
  • Providing ongoing support of business unit’s issue management and remediation efforts.
  • Assisting with the development of applicable policies and procedures.
  • Providing business with guidance and oversight of new product development initiatives.
  • Preparing periodic reports summarizing the business units’ risk and control environment.
  • Engaging key Risk and Compliance program stakeholders to help support business unit initiatives.

Qualifications/ Education/Experience/Skills:

  • Deep knowledge of financial institutions, payments aggregators, money service business, and/or banking compliance.
  • At least 5+ years of experience in a large organization within financial services and payments industry including demonstrated leadership in building and overseeing Compliance Programs comprised by -among others- regulatory, risk management, privacy, anti-corruption, anti-bribery, consumer protection.
  • Experience with regulators and the regulatory exam process, ideally for non-bank financial institutions.
  • Ability to navigate across multiple geographies, including global shared services functions that reside outside of Canada.
  • Demonstrated ability to build and maintain relationships with key stakeholders, including strengths in influencing, conflict management, and negotiation.
  • Ability to work in a dynamic and changing environment.
  • Ability to communicate complex matters in a simple and clear manner.
  • Ability to take ownership of outcomes and the ability to work with business unit teams to confront issues and drive performance.
  • Skilled at identifying and recommending cost effective solutions and organizing resource allocation.
  • 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 work within a matrixed environment, and cross functionally with operations and technology functions.
  • 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.

Behaviours:

  • Partnership – organisational awareness, engages widely with peers and seniors across PayPal.
  • Innovate – leads effectively in a dynamic, fast-changing environment; challenges convention.
  • Deliver Stand out Results – develops decisive strategies that deliver tangible results.
  • Execution – focuses the business area on strategic priorities; operates clear, simple systems.
  • Enable and Grow Talent – builds capability and a succession pipeline.
  • Leadership – contributes to the business leadership agenda; sets business area vision.

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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