AML Testing Associate in Luxembourg at PayPal

Date Posted: 5/17/2018

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 237 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.

The Global Enterprise Risk, Compliance and Security (ERCS) Testing Team is seeking a Testing Associate to support the Independent Testing Program (“Program”) within the Second Line of Defense (SLOD). This role requires a self-starter with the ability to operate independently and manage multiple competing priorities with difficult deadlines.

A typical day for the AML Testing Associate will include:

  • Being responsible for designing and executing testing engagements for AML/Sanctions Testing (“Testing”).
  • Serving as a regulatory compliance testing specialist and will partner with Compliance Subject Matter Experts, other testing teams and non-Compliance teams to ensure that SLOD testing is being completed in an effective, efficient, and timely manner

What does Success Look Like?  

  • Serving as a Compliance SLOD Subject Matter Expert/Point of Contact for AML/Sanctions Compliance Testing.
  • Designing Testing scopes.
  • Conducting quality assurance reviews on Testing results prior to disclosure to SLOD leadership.
  • Assisting with creating and maintaining regular reporting for Testing results.
  • Coordinating with SMEs to ensure Testing results are disseminated to the appropriate decision makers in a timely manner.
  • Supporting the team leadership in the management and execution of the Program.
  • Handling both proactive and reactive needs arising from additional oversight and manage corresponding take away items.
  • Having a strong understanding of related regulatory requirements and testing design, management and execution.

About You  

  • You have relevant years issues management/resolution, regulatory compliance, audit, and/or compliance testing experience required.
  • You have proven knowledge of AML and Sanctions regulations and guidance such as the Bank Secrecy Act, USA Patriot Act, OFAC, and Commission de Surveillance du Secteur Financier Regulations.
  • You have advanced analytical, cross-referencing and deductive reasoning skills.
  • You have excellent project management organizational, communication, presentation and interpersonal skills.
  • You are skilled in focusing on desired results, determining what is important and urgent, clarifying next steps, and delegating effectively to meet deadlines and achieve desired results.
  • You have compliance AML and Sanctions regulation experience
  • You are able to maintain composure under pressure and make sound decisions.
  • You must display a high level of professional judgment, commitment, integrity, teamwork, and customer service.
  • You have ability to learn and adapt to new internal processes and systems.
  • You are proficient in the use of a personal computer and its applications, including Windows and Windows based applications (Word, Excel, Power Point, etc.).
  • You thrive working in a fast paced environment while maintaining composure and able to make sound decisions under pressure.

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.



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