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 Summary:
What do you need to know about the role:PayPal’s Risk & Compliance function is looking for an experienced individual to provide risk & compliance support on oversight & governance and advisory for Singapore AML compliance program initiatives. The individual will play a critical role in developing, maintaining, and enhancing the AML governance framework for the Singapore business. This role ensures that AML policies, controls, and oversight mechanisms are aligned with regulatory requirements, internal risk appetite, and industry best practices. The individual will lead and support governance initiatives to strengthen compliance culture and support effective enterprise-wide AML risk management.
This job collaborates internally to influence the quality and effectiveness of risk management processes. It involves analyzing and assessing risks, providing informed recommendations for mitigation strategies, and engaging with stakeholders to communicate risk assessments and proposed solutions.
Meet our team:
The AML Compliance function is responsible for the second line of defence compliance oversight, management, and reporting for Singapore and global AML regulatory compliance matters. The team is part of the consolidated company-wide second line, independent and organizationally separate from PayPal’s business and centralized organizations. PayPal is a global company and the successful candidate will need to have flexibility to work with and occasionally accommodate colleagues in different time zones.
Job Description:
Essential Responsibilities:
- Collaborate internally to influence the quality and effectiveness of risk management processes.
- Analyze and assess risks to provide informed recommendations for mitigation strategies.
- Work outside defined processes to determine appropriate actions in complex situations.
- Serve as a subject matter resource for entry-level and developing colleagues on risk management practices and strategies
- Engage with stakeholders to communicate risk assessments and proposed solutions.
Minimum Qualifications:
- Minimum of 5 years of relevant work experience and a Bachelor's degree or equivalent experience.
Preferred Qualification:
Relevant working experience in risk, regulatory and AML/ CFT compliance (on governance preferred), operational risk, legal, or management of a process or business with accountability for AML compliance.
Experience in the payment space and AML related regulations, i.e. PSN01, is preferred
Experience interacting with regulators preferred.
Experience working for a global company, with multi-disciplinary teams, in a fast-paced, change-intensive environment.
Ability to build and maintain relationships with key stakeholders, including strengths in influencing, conflict management, and negotiation.
Ability to operate across the compliance risk program and other stakeholders including advisory, monitoring, and reporting
Strong analytical, problem-solving, and critical/creative thinking.
Excellent verbal, written, and presentation skills with experience presenting to Senior Leadership.
Relevant professional qualifications will be an added advantage.
Subsidiary:
PayPalTravel Percent:
0PayPal does not charge candidates any fees for courses, applications, resume reviews, interviews, background checks, or onboarding. Any such request is a red flag and likely part of a scam. To learn more about how to identify and avoid recruitment fraud please visit https://careers.pypl.com/contact-us.
For the majority of employees, PayPal's balanced hybrid work model offers 3 days in the office for effective in-person collaboration and 2 days at your choice of either the PayPal office or your home workspace, ensuring that you equally have the benefits and conveniences of both locations.
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.
Commitment to Diversity and Inclusion
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 protected].
Belonging at PayPal:
Our employees are central to advancing our mission, and we strive to create an environment where everyone can do their best work with a sense of purpose and belonging. Belonging at PayPal means creating a workplace with a sense of acceptance and security where all employees feel included and valued. We are proud to have a diverse workforce reflective of the merchants, consumers, and communities that we serve, and we continue to take tangible actions to cultivate inclusivity and belonging at PayPal.
Any general requests for consideration of your skills, please Join our Talent Community.
We know the confidence gap and imposter syndrome can get in the way of meeting spectacular candidates. Please don’t hesitate to apply.
