Manager, U.S. Risk and Compliance in Chicago at PayPal

Date Posted: 2/23/2018

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.

This role will support the Risk and Compliance Officer for Braintree and the Merchant Business Unit, including payment processing. The nature of this role is continually evolving as the regulatory requirements and risks facing payment processing continue to change.


• Providing ongoing support and guidance to business partners relating to the development of controls for critical business processes to mitigate compliance/operational risk.

• Partnering with the business to ensure compliance with regulatory requirements.

• Evaluate controls and partner with business on continuous improvement.

• Developing and implementing compliance programs for new products, services, markets, and client types.

• Identifying potential areas of compliance vulnerability and risk, developing and implementing controls and solutions to resolve problems, and guiding future avoidance of similar issues.

• Assisting in the 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 SOPs and applicable policies.

• 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:

• 5-7 years of Compliance, AML/OFAC, banking or similar experience.

• A minimum of 3 years of experience executing compliance/risk oversight responsibilities related to payment services regulations, Anti-Bribery, third-party service provider risk management, and data protection regulations.

• Demonstrates strong and effective leadership skills and ability to operate comfortably within a complex cultural, global environment.

• Proven track record of driving results and building effective relationships with all levels of management.

• Possess sound judgment, flexibility and nimbleness in changing courses and solving problems swiftly.

• Strong project management skills.

• Ability to multitask effortlessly and manage competing priorities under demanding deadlines.

• Demonstrated ability to learn quickly, manage projects and drive/achieve results.

• Strong computer knowledge; excellent MS Word, Excel, Visio, and PowerPoint skills.

• Superior verbal and written communication skills.

• Demonstrate an understanding of business processes, policies and procedures, governance practices, and regulatory requirements.

• Operate with strong integrity with the ability to handle projects of a sensitive and confidential nature.

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.