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Snr Manager, Financial Crime Compliance in Sydney at PayPal

Date Posted: 1/31/2021

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 375 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.

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 325 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 is to provide support and execute monitoring of the financial crime (i.e., anti-money laundering, counter-terrorist financing, sanctions, and anti-bribery and corruption) programme across PayPal Australia.

Responsibilities: 

  • To participate in the Global AML/CTF Risk Assessment process and conduct local financial crime risk assessments, as required.
  • To review and update AML/CTF policies, procedures, and other governance documentation.
  • To stay apprised of AML/CTF regulatory changes and conduct gap analyses to understand policy or process impacts.
  • To coordinate or participate in annual internal or external audits, exams, and projects and develop remediation plans, as required. Facilitate issue, incident, and breach management process and execute or support remediation of issues.
  • To ensure timely reporting and escalation of significant issues to management.
  • To provide AML advisory to various areas of the company including product, technology, and operational support areas. Review and support suspicious matter reporting, Politically Exposed Person, and other high-risk customer escalations.
  • To develop and prepare regular reporting related to the AML/CTF Program including operational and risk metrics and issue management.
  • To support the development and delivery of financial crime training courses, including the annual assessment of training needs and job specific training. Enhance general risk management and compliance culture within the business.
  • To undertake and lead local projects and initiatives across business verticals, as required.
  • To support and provide input into global project and initiatives, as required.
  • To develop and maintain excellent working relationships across global, operational, and functional staff supporting PayPal Australia.

Qualifications/Experience/Skills:

  • 7 – 10 years’ experience dealing with AML/CTF compliance and regulatory matters in the financial services or payments industry.
  • Substantive knowledge of legal, policy, and/or operational aspects of financial crime compliance programs (e.g., AML/CTF, CIP/KYC/ECDD, SMRs, Sanctions/OFAC, AB&C, and/or financial crime investigations).
  • Specific knowledge of the laws and regulations relating to payments industry and/or e-commerce is preferred.
  • Strong computer knowledge; excellent MS Word, Excel, Visio, and PowerPoint skills.
  • Tertiary qualifications in financial, business or law disciplines highly regarded.
  • Other relevant risk and compliance qualifications an advantage.

Behaviours:

  • Ability to work within a matrixed environment, and cross functionally with operations and technology functions.
  • Ability to navigate across multiple geographies, including global shared services functions that reside outside Australia.
  • Effective collaborative skills that contribute to positive working relationships with counterparts in PP BUs, and Regional and Global Compliance teams.
  • Strong organizational skills, ability to problem-solve, attention to detail and the ability to work on multiple projects and track/meet deadlines while ensuring a high level of quality output.
  • Effective project management experience, including leadership in the development and execution of project plans and reporting.
  • Exceptional oral, written, and interpersonal communication skills with the ability to communicate complex information accurately, clearly, and quickly.
  • Ready to take initiative, actively share information, and be willing to undertake a variety of roles as required.
  • High energy and creativity, an entrepreneurial spirit, and the desire to work in a fast paced, constantly changing environment.
  • Ability to learn quickly, manage multiple responsibilities simultaneously with sound judgment, flexibility, and nimbleness in changing courses and solving problems swiftly
  • Ability to take ownership and proactively work with relevant teams to resolve issues.
  • Good judgment. An inquisitive approach to practices and procedures.  Personal authority and integrity.  Independence and resilience.

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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