About 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. For more information, visitāÆhttps://www.paypal.com ,āÆ https://about.pypl.comāÆand āÆhttps://investor.pypl.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 [email protected].
Job Summary
Your role will involve
šStrategic Oversight of the Operational Financial Crime Framework: Lead the implementation and continuous improvement of the UK Financial Crime Programme, ensuring alignment with applicable policies and procedures, and adherence to UK legal and regulatory requirements.
šLead the design and execution of the UK first line of defence. Fraud Risk Management strategy: across the customer lifecycle, including the prevention and detection of Authorised Push Payment (APP) fraud, account takeover and internal threats, leveraging data driven controls, analytics and cross functional collaboration to protect the PPUK business and customers.
šOngoing collaboration with PayPal Product, GFC and wider UK and Group stakeholder teams to manage financial crime risk and change management for PPUK needs.
šAttending financial crime and other relevant risk committees, forums and PPUK Board where appropriate to report on key risks, trends and any remediation efforts.
šAttend relevant industry forums to ensure PPUK both learns from and has an industry voice in relation to financial crime, with a particular focus on Fraud.
šDevelop Financial Crime Procedures from policy and requirements defined by the MLRO (2LOD) and ensure that these are implemented effectively including . Financial Intelligence Unit (āFIUā), Transaction Monitoring (āTMā), Payments etc
Own and manage day-to-day PPUK Financial Crime Service Level Agreements, acting as the PPUK Financial Crime āUK Entity Service Owner (ESO)ā which includes:
šResponsibility for FLOD monitoring and assurance activities to evaluate the effectiveness of financial crime controls and response to emerging threats, reducing exposure to financial crime. šMonitor and manage Service Level agreements (SLAs) with outsourced group entities to ensure adherence to agreed performance and risk management standards. šRegularly assess how FLOD financial crime controls impact customer outcomes, identifying and addressing gaps in customer fairness, transparency, and support. šEnsure the collection of and use of FLOD MI to monitor control performance and escalate issues via PPUK governance committees as appropriate. šPartnering with local, regional and global teams to conduct detailed analysis of system configurations for transaction monitoring and filtering.
If youāre passionate about blockchain and decentralized technologies, explore more opportunities in web3 and cryptocurrency careers.
