PayPal Manager - Xoom Compliance in San Francisco, California

Manager - Xoom Compliancein San Francisco-Xoomat PayPal

Date Posted: 10/7/2017

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Job Snapshot

  • Employee Type: Full-Time

  • Location:

  • Job Type:

  • Experience: Not Specified

  • Date Posted: 10/7/2017

  • Job ID: R0018399

About Us

HELP US REIMAGINE MONEY.

At PayPal, we believe that now is the time to democratize financial services so that moving and managing money is a right for all citizens, not just the affluent. We are driven by this purpose, and we uphold our cultural values of collaboration, innovation, wellness and inclusion as our guide for making decisions and conducting business every day. It is our duty and privilege to be customer champions and put those we serve at the center of everything we do.

We are one team that respects and values diversity of thought for everyone, everywhere, and we actively seek to create an energizing workplace that brings out the best in all of us. If you’re ready to shape the future of money, join the team at PayPal. We're proud to work here. You will be too.

Job Description

This role will serve as the Risk and Compliance primary point of contact supporting the Xoom Product, PayPal’s foreign remittance service provider and will be responsible for:

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

  • Manage regulatory and compliance matters related to state money transmitter license requirements

  • Manage federal regulatory and compliance matters, including those relating to Suspicious Activity Reports, FinCEN, the Consumer Financial Protection Bureau, and the Bank Secrecy Act

  • Assisting in execution of compliance risk assessments.

  • Supporting ongoing and targeted compliance monitoring and/or testing.

  • Providing ongoing support of business unit’s issue management and remediation efforts

  • Assisting with the development of SOPs and applicable policies

  • Providing business with guidance and oversight related to new product development initiatives

  • Preparing periodic reports summarizing the business units’ risk and control environment

  • Engaging key Risk and Compliance program stakeholders to help support business unit initiatives

  • 5-7 years of Audit, Compliance, AML, Regulatory, MSB, banking or similar experience

  • Prior MSB, foreign remittance and state money transmitter regulatory experience

  • Demonstrates strong and effective leadership skills and ability to operate comfortably within a complex cultural, global environment.

  • Experience in managing compliance programs for foreign exchange services and products

  • Possess sound judgment, flexibility and nimbleness in changing courses and solving problems swiftly.

  • Strong project management skills.

  • Ability to multitask effortlessly and manage competing priorities under demanding deadlines.

  • Demonstrated ability to learn quickly, manage projects and drive/achieve results.

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

  • Superior verbal and written communication skills.

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

R0018399

Individuals seeking employment at PayPal are considered without regard to race, color, religion, national origin, age, sex, marital status, ancestry, physical or mental disability, veteran status, or sexual orientation. You have the opportunity to provide the following information in order to help us comply with federal and state Equal Employment Opportunity/Affirmative Action record keeping, reporting, and other legal requirements.