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Sr Dir, Financial Crime Risk Management

Company: PayPal, Inc.
Location: Scottsdale
Posted on: November 22, 2021

Job Description:

Sr Dir, Financial Crime Risk Management in Scottsdale, Arizona, United States of America at PayPal Job Description At PayPal (NASDAQ: PYPL), we believe that every person has the right to participate fully in the global economy. Our mission is to democratize financial services to ensure that everyone, regardless of background or economic standing, has access to affordable, convenient, and secure products and services to take control of their financial lives. We're a purpose-driven company, and our beliefs are the foundation of how we conduct business every day. We're guided by our core values of Inclusion, Innovation, Collaboration, and Wellness. Collectively, these values inspire us to work together as One Team with our customers at the center of everything we do, and to take care of ourselves, each other, and the communities in which we live and work. We challenge the status quo, ask questions, and find solutions. Join us as we enable the hopes, dreams, and ambitions of millions of people around the world.

PayPal's Compliance team is looking for an experienced, highly-engaged and dynamic leader to serve as our Sr. Director, Head of Financial Crime Risk Management - PayPal Invest (broker-dealer). The Sr. Director will lead PayPal's Invest initiatives in this area, including developing global standards based on industry best practices, rules and regulations.

Job Responsibilities

  • Establish and lead the Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) program for PayPal's new broker-dealer.
  • Provide regulatory and compliance subject matter expertise to key business partners within PayPal's Broker-dealer and affiliated PayPal entities
  • Oversee AML and Fraud Investigations programs including CIP, Customer Due Diligence/Enhanced Due Diligence, sanctions screening, and monitoring for suspicious money movement
  • Ensure all required regulatory reporting is conducted in a timely, accurate, and compliant manner, including the filing of Currency Transaction Reports (CTRs) and Suspicious Activity Reports (SARs) to Fin CEN, FinCEN 314(a) and 314(b) procedures and reporting.
  • Partner with PayPal's current Global Financial Crimes division to build out employee conduct and internal investigations program for broker-dealer.
  • Assist in the design of Senior and Vulnerable Investors (SVI) Fraud and Synthetic Account programs
  • Lead FINRA 3310 Annual Review Process
    • Bachelor's degree required (advanced degree, such as MBA or JD is preferred) with 15 years or more equivalent experience
    • 10+ years in a leadership role within a broker-dealer AML/BSA function and/or with fintech companies
    • Experience in assessing, validating, designing, or managing various risk management controls, automated monitoring systems, transaction surveillance, operations monitoring, reporting, and/or interdiction systems is a plus.
    • Proficiency with the Bank Secrecy Act (AML/KYC), USA Patriot Act (Anti-Terrorist Financing, correspondent banking and Customer Identification Program) and Office of Foreign Assets Control (OFAC).
    • Certified Anti-Money Laundering Specialist (ACAMS)/Certified Fraud Examiner (CFE)/Certified AML and Fraud Professional (CAFP) is a plus
    • Membership in the International Association of Financial Crimes Investigators (IAFCI) is encouragedKey Competencies
      • Ability to work under pressure, manage multiple projects with competing priorities, meet deadlines, and adapt to change.
      • Ability to identify dependencies and leverage multiple sources of information simultaneously
      • Solid critical, creative, and analytical thinking, decision making and innovative problem-solving skills
      • Excellent verbal and written communication skills
      • Strong reputation for integrity and ability to balance business partnership with the need to exercise independence judgment and to raise issues in a timely and constructive manner
      • Proven ability to develop strong relationships and consensus building with various stakeholders, including senior and executive management
      • High energy and a desire to work in a result- and team-oriented, rapid growth environment
      • Ability to work independently and within a team environment
        For more than 20 years, PayPal has remained at the forefront of the digital payment revolution. By leveraging technology to make financial services and commerce more convenient, affordable, and secure, our open digital payments platform gives PayPal's 400 million active account holders the confidence to connect and transact in new and powerful ways. 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.

        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

        R0078614 Together, we'll build a world of
        economic opportunity. Grow your career with us. Please access our internal career opportunities while connected to our corporate network. Questions about a position or an application?
        We have answers to the most commonly asked questions.

Keywords: PayPal, Inc., Scottsdale , Sr Dir, Financial Crime Risk Management, Accounting, Auditing , Scottsdale, Arizona

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