ERCS Director - HK, Korea & Taiwan in Hong Kong at PayPal

Date Posted: 2/8/2018

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 210 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 Risk and Compliance Director is responsible for second line oversight for all risk disciplines, including Compliance, across all lines of business in Hong Kong, Korea and Taiwan.

This position is charged with the implementation of the global ERCS strategic plan and policies & standards to drive an industry-leading, data-driven approach to excellence in enterprise risk and compliance management that meets both the PayPal Global ERCS Framework and all local regulatory requirements.

Delivering on the regulatory requirements of the Chief Compliance Officer, Chief Risk Officer, and Money Laundering Reporting Officer across PayPal business in Hong Kong, Korea and Taiwan will be the responsibility of this role.

This position will ensure that the appropriate fit for purpose processes & systems are in place to enable PayPal to identify, manage, and mitigate risk across the businesses in the country. The Risk and Compliance Director will provide oversight by:

  • Maintaining & managing Policy & Procedure Governance;
  • Risk Appetite Governance & Reporting;
  • Collaboration with Legal to maintain an inventory of legal obligations;
  • Supporting maintenance of risks in line with risk taxonomy, framework & assessment process;
  • Providing objective, independent risk and compliance assessments & recommendations;
  • Supporting 1st line in prioritization of risk mitigation;
  • Establishing and maintaining effective stakeholder engagement across PayPal and key regulators; and
  • Escalating timely and actionable information to key 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.