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Director, Risk & Compliance Oversight at PayPal
Sydney, Australia


Job Descrption

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.

Job Description Summary:

Delivering on the regulatory requirements for PayPal Australia Pty. Ltd (“PPAU”), this Leadership position is responsible for second line oversight of the PPAU’s Risk and Compliance Management Program driving a data-driven approach that meets both the PayPal global framework and all local regulatory requirements.

Job Description:

Meet our team

This role will report directly to the Chief Risk Officer (CRO). This role requires a seasoned Risk Management and Compliance leader that is able to consistently demonstrate sound technical skills, strategic pragmatic judgment, and an ability to work in a dynamic business environment.  

 

Equally critical will be the ability of this leader to effectively collaborate with various lines of Business, Functional areas, other key stakeholders both within Australia and globally. 

 

The ability to lead a team of professionals effectively and collaboratively in a manner that is consistent with PayPal’s vision, mission, and values will also be critical to success in this role. 

 

Further, this leader will need to demonstrate a deep ongoing understanding of PayPal’s business model, strategy, and organizational culture in the execution of the Risk Management and Compliance program.

Your way to impact

  • Consistently demonstrate PayPal’s  core values, which include Collaboration and Inclusion

  • Partnership – organisational awareness, engages widely with peers and seniors across PayPal.

  • Innovate – leads effectively in a dynamic, fast-changing environment; challenges convention.

  • Deliver Stand out Results – develops decisive strategies that deliver tangible results.

  • Execution – focuses the business area on strategic priorities; operates clear, simple systems.

  • Enable and Grow Talent – builds capability and a succession pipeline.

  • Leadership – contributes to the business leadership agenda; sets business area vision.

In your day-to-day role, you will:

  • Be the key point of contact for oversight of PPAU’s execution of the Enterprise Risk and Compliance Management framework

  • Utilise risk assessment, risk appetite and other key risk indicators to drive real-time risk insights and intelligence to adequately manage PPAU’s risks

  • Support the CRO on all Regulatory & Board material and interactions.

  • Provide guidance to business partners relating to the development of controls for critical business processes to mitigate compliance/operational risk.

  • Support in the drafting of presentation materials to the PPAU Board of Directors and Risk Management Committee

  • Partner with the Global Risk & Compliance team to ensure compliance with local prudential risk and compliance requirements.

  • Identify potential areas of operational risk and compliance vulnerability, developing and implementing solutions to resolve issues, and providing guidance for future avoidance of similar issues.

  • Serve as a credible business partner to executives and other key stakeholders.

  • Execute risk and compliance assessments and recommendations to strengthen the control environment.

  • Provide subject matter expertise to the business in identifying, assessing, prioritizing, and managing risk.

  • Ensure regulatory requirements are understood and complied with within emerging Australia growth initiatives and new products.

  • Support drafting of key policies and guidelines.

  • 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.

  • Support execution of regulatory change management initiatives.

  • Support maintenance of risks in line with risk taxonomy, framework and assessment process.

  • Support first line in prioritization of risk mitigation.

  • Escalate timely and actionable information to key stakeholders.

  • Support management and operations with problem solving on regulatory matters.

What do you need to bring

  • Experience within financial institutions, money service/payments business, and/or banking risk management and compliance, including significant working knowledge of anti-money laundering, data protection, privacy, anti-corruption, and other applicable consumer protection regulations.

  • At least 10+ years of experience in a large organization including demonstrated leadership in building risk and compliance frameworks.

  • At least 7 years of people management experience.

  • Ability to navigate across multiple geographies, including global shared services functions that reside outside Australia.

  • 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 identifying and recommending cost effective solutions and organizing resource allocation.

  • Extensive experience in partnering with and counselling senior business clients, particularly in the context of a rapidly changing environment.

  • Strong problem solving and operational process skills and attention to detail.

  • Excellent ability to analyse regulatory risks in complex business processes and recommend controls to mitigate those risks.

  • Excellent presentation and project management skills with the ability to successfully work multiple issues at one time.

  • High energy and creativity, an entrepreneurial spirit and the desire to work in a growing and changing environment.

  • Ability to work within a matrixed environment, and cross functionally with operations and technology functions.

  • Ability to operate with strong integrity with the ability to handle projects of a sensitive and confidential nature.

  • Strong computer knowledge; excellent MS Word, Excel, Visio, and PowerPoint skills.

We know the confidence gap and imposter syndrome can get in the way of meeting spectacular candidates. Please don’t hesitate to apply.

Additional Job Description:

Subsidiary:

PayPal

Travel Percent:

0

Our Benefits:
At PayPal, we’re committed to building an equitable and inclusive global economy. And we can’t do this without our most important asset—you. That’s why we offer benefits to help you thrive in every stage of life. We champion your financial, physical, and mental health by offering valuable benefits and resources to help you care for the whole you.
We have great benefits including a flexible work environment, employee shares options, health and life insurance and more. To learn more about our benefits please visit https://www.paypalbenefits.com

Who We Are:
Click Here to learn more about our culture and community.

PayPal has remained at the forefront of the digital payment revolution for more than 20 years. By leveraging technology to make financial services and commerce more convenient, affordable, and secure, the PayPal platform is empowering more than 400 million consumers and merchants in more than 200 markets to join and thrive in the global economy. For more information, visit paypal.com.

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.

Any general requests for consideration of your skills, please Join Our Talent Community.

As part of PayPal’s commitment to employees’ health and safety, we have established in-office Covid-19 protocols and requirements, based on expert guidance. Depending on location, this might include a Covid-19 vaccination requirement for any employee whose role requires them to work onsite. Employees may request reasonable accommodation based on a medical condition or religious belief that prevents them from being vaccinated.


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