Senior Risk and Compliance Officer in Sydney at PayPal

Date Posted: 2/18/2018

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 team are at the forefront of our global Paypal credit expansion - both domestically and abroad, and must ensure that Paypal adopts, implements and maintains innovative and appropriate processes and controls.

The role

You will be responsible for the culture of compliance within Credit. You will take a consultative approach and work closely with every business division to implement and manage an innovative and practical, yet thorough, compliance programme.

You will work collaboratively with our GM, Head of Legal and internal senior stakeholders.

Some of the main elements of the role will involve:

  • Surveying and interpreting our regulatory, compliance and broader credit risk landscape.
  • Being the ultimate point of escalation for credit risk and compliance issues.
  • Working with senior stakeholders across the business to maintain a world-class compliance framework, monitoring and training programme.
  • Constantly driving for improvement in efficiency and risk management.
  • Championing and driving adoption of industry standard certifications, where appropriate.
  • Working with the credit and internal control partner teams to conduct and maintain risk assessments.
  • Working with the credit teams to review strategies to ensure these align with regulatory obligations
  • Ensuring that all AU Enterprise Risk, Compliance and Security policies and standards are up to date
  • Advising and providing governance on any incidents, issues or process breakdowns.
  • Providing regulatory input to any customer complaints
  • Working to identify any gaps in controls and drive the overall Compliance and Risk Management Program.

What we're looking for

We’re looking for a senior risk and compliance professional with experience in a regulated financial institution, or other corporate, and who is passionate about moving to a fast-paced global payments company. You will be driven and able to work independently, while taking a consultative approach in an area that can be seen as inhibitive to business.

You may be a mid-level lawyer looking for an exciting new challenge, or an experienced Risk and Compliance professional, looking to shape the credit compliance function at a growing company.

We’d love to hear from you if:

  • You have a minimum of 5 years experience in a risk and compliance team at a regulated company or corporate.
  • You have experience in drafting, implementing and rolling out compliance plans, frameworks and policies across a company or department.
  • Your risk radar is finely tuned.
  • Your communication skills are first class, and you are able to distil complex and cumbersome regulation into understandable English.
  • You are easy to work with, and want to work in a fun, global company.

Bonus points if:

  • You’ve helped to establish, or have lead a compliance function framework establishment.
  • You have knowledge of domestic regulatory requirements within the credit environment.
  • You have experience working with product teams and supporting product launches from a .risk and compliance perspective.
  • You have experience of an international risk and compliance programme.

This role would ideally suit someone with experience in a large risk and compliance team, who is confident working autonomously and reporting to international line managers.  

However, we recognise that the most talented people can have the most unusual backgrounds, so if you’re unsure, please apply. The role will be based in Sydney CBD.

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.