Risk and Compliance Oversight 3
4 days ago
Risk and Compliance Oversight 3
**The Company**
PayPal has been revolutionizing commerce globally for more than 25 years. Creating innovative experiences that make moving money, selling, and shopping simple, personalized, and secure, PayPal empowers consumers and businesses in approximately 200 markets to join and thrive in the global economy.
We operate a global, two-sided network at scale that connects hundreds of millions of merchants and consumers. We help merchants and consumers connect, transact, and complete payments, whether they are online or in person. PayPal is more than a connection to third-party payment networks. We provide proprietary payment solutions accepted by merchants that enable the completion of payments on our platform on behalf of our customers.
We offer our customers the flexibility to use their accounts to purchase and receive payments for goods and services, as well as the ability to transfer and withdraw funds. We enable consumers to exchange funds more safely with merchants using a variety of funding sources, which may include a bank account, a PayPal or Venmo account balance, PayPal and Venmo branded credit products, a credit card, a debit card, certain cryptocurrencies, or other stored value products such as gift cards, and eligible credit card rewards. Our PayPal, Venmo, and Xoom products also make it safer and simpler for friends and family to transfer funds to each other. We offer merchants an end-to-end payments solution that provides authorization and settlement capabilities, as well as instant access to funds and payouts. We also help merchants connect with their customers, process exchanges and returns, and manage risk. We enable consumers to engage in cross-border shopping and merchants to extend their global reach while reducing the complexity and friction involved in enabling cross-border trade.
Our beliefs are the foundation for how we conduct business every day. We live each day guided by our core values of Inclusion, Innovation, Collaboration, and Wellness. Together, our values ensure that we work together as one global team with our customers at the center of everything we do - and they push us to ensure we take care of ourselves, each other, and our communities.
**Job Description Summary**:
Analyst, Obligation Regulatory Change Management (ORCM)
Supporting the regulatory examination process and delivering on the regulatory requirements for PayPal, this position is responsible for supporting the second line oversight ORCM. The Program's goal is to drive forward a data-driven approach that enables the Business to meet regulatory expectations efficiently and strategically.
**Responsibilities**:
- Support the Global ORCM process, including day to day support of our regional compliance teams, first line risk partners, and product development teams in executing their roles and responsibilities.
- Provide teams with training and the necessary materials to execute the ORCM process.
- Identify and raise areas of regulatory risk and raise blockers to leadership for resolution.
- Support the development of tools and platforms to meet the needs of end users, including defining story requirements, testing, and defect spotting.
- Drive global regulatory change reporting, including management of monthly and quarterly leadership reviews, risk appetite reporting, and management of SLA tracking for the end to end regulatory change process.
- Assist in managing the review process for Regulatory Change, including workflow tools and and quality reviews.
- Drive consistency in regulatory change, through quality management reviews to ensure a complete and consistent review process across all markets.
- Manage input and feedback from various stakeholders, and recommend process enhancements accordingly.
- Collaborate with cross-functional team professionals; strive to deliver exceptional and responsive service by providing risk and compliance management expertise in a clear, solution oriented and customer-focused manner.
**Qualifications/ Education/Experience/Skills**:
- Knowledge of global financial institutions, money service business, and/or banking compliance, including significant knowledge of anti-money laundering, data protection, anti-corruption/Foreign Corrupt Practices Act, and consumer protection regulations.
- 4+ years of experience in a large organization including risk and compliance experience.
- Experience in developing reporting and analytics for leaders to extract themes and areas of focus.
- Aility to manage multiple deliverables and timelines, while navigating across multiple geographies.
- Demonstrated ability to build and maintain relationships with key stakeholders, including strengths in influencing, conflict management, and negotiation.
- Ability to communicate complex matters in a simple and clear manner.
- Ability to take ownership of outcomes and the ability to work with business unit teams to confront issues and drive performance.
- Skilled at id
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