PayPal Compliance Manager in Richmond upon Thames, United Kingdom
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 305 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.
We are looking for an experienced UK Compliance Specialist who will be assisting with the implementation of PayPal’s Brexit Compliance workstream, as well as ongoing Risk and Compliance support of the UK post Brexit. The role will report into the UK Head of Compliance and work closely with the key stakeholders within the organisation to provide key deliverables.
Assist with Brexit Implementation Plan execution – including liasing with various business partners and stakeholders to track progress through to completion
Ensure new regulatory obligations relating to licensing agreements are tracked in the appropriates tools and systems, identify relevant stakeholders, and provide guidance and input through completion
Assist with the development of training for relevant internal team members
Assist with the development of testing and monitoring activities for both first and second-line testing under the post-Brexit UK business model
Assist with setting up the necessary regulatory reporting framework for the UK
Assist with setting up the necessary management and governance structures to ensure adequate reporting and oversight
Assist with implementing a Senior Management Regime in the UK business. Assist with completing the necessary risk assessments for the UK Bank Branch, including a Tax Evasion
Support various Risk and Compliance program pillars, including Issue Management, Risk Assessment, and quarterly reporting F
- A Bachelor’s degree is required. A compliance qualification is an advantage.
Extensive technical knowledge of FCA regulations and the Consumer Credit Act in relation to credit offerings in the UK environment
A familiarity with a Compliance Management Programme and experience identifying control gaps and determining testing and monitoring
Extensive experience in partnering with and counselling senior business clients, particularly in the context of a rapidly changing and growth-oriented environment
Experience with implementing Senior Management Regime
Experience in teaming with technology and engineers on product development
Experience with drafting Compliance policies and procedures
Extensive experience with regulators and the regulatory exam process, ideally for money
Service businesses or money transmitters
Skills & Abilities required:
Strong, communication and negotiation skills.
Strong problem solving and operational process skills and attention to detail.
Excellent ability to analyse compliance risks in complex business processes and recommend controls to mitigate those risks.
Excellent executive presentation and project management skills with the ability to successfully work multiple issues at one time and work across global time zones.
High energy, intellectual agility and creativity, an entrepreneurial spirit and the desire to work in a fast growth and changing environment.
Ability to work within a matrixed environment and cross functionally with operations and technology functions.
Ability to hold a level of influence at the top table, organising and motivating others, including those who are in more senior positions.
- Deep knowledge of financial institution, money service business, credit and/or banking compliance in the UK, including knowledge of anti-money laundering, credit compliance and consumer protection, data protection, anti-corruption regulations.
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 email@example.com.