GFC&CP Sanctions Program Manager

PayPal

  • District of Columbia
  • $100,500-173,250 per year
  • Permanent
  • Full-time
  • 1 day ago
The CompanyPayPal 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: The Sanctions Program Manager manages the execution and implementation of PayPal’s Sanctions and PEP Compliance Program. This role evaluates new and modified product initiatives for compliance with OFAC and other global sanctions regulatory requirements, oversees sanctions and PEP processes and procedures to determine if effective controls are in place to mitigate risk, and works closely with key stakeholders to address and resolve sanctions and PEP escalations.Job Description:Essential Responsibilities:
  • Identify issues and recommend best practices for risk management within the organization.
  • Lead functional projects and programs that enhance risk assessment and mitigation efforts.
  • Collaborate with teams to analyze business trends and their implications for risk management.
  • Contribute to process improvements that enhance the effectiveness of risk management strategies.
  • Provide guidance and support to team members in executing risk management initiatives.
Minimum Qualifications:
  • Minimum of 8 years of relevant work experience and a Bachelor's degree or equivalent experience.
Preferred Qualification:Responsibilities:
1. Maintain close relationships with GFC&CP investigations to understand process and procedures and provide guidance on executive escalations and complex investigations.
2. Proactively identify sanctions and PEP compliance risks and work closely with cross-functional stakeholders to monitor open issues and help define and manage remediation activities.
3. Consult with the Product Advisory Team on any new or modified products and assess sanctions compliance risks and draft sanctions screening exemptions, as appropriate.
4. Assist in engagement with internal audit and regulators on sanctions and PEP issues.
5. Support PayPal’s external bank request process and collaborate with GFC&CP teams to resolve identified issues and escalations.
6. Participate as an advisory stakeholder in the Partner Due Diligence process, responding to due diligence requests from partners and presenting on PayPal’s global sanctions and PEP-related policies and procedures.Qualifications:BS/BA degree, ACAMS, ICA Compliance or other relevant Financial Crime/Risk Management Certifications preferred.
5-7 years of experience in compliance or risk management at a large regulated financial institution or equivalent related experience. Knowledge of and expertise in OFAC regulations preferred.
Results-oriented, “roll up your sleeves” attitude, able to handle multiple projects simultaneously with strong sense for prioritization
Strong verbal, written, presentation / other related communication and influencing skills
Consistent demonstration of company values in all interactionsSubsidiary: PayPalTravel Percent: 0-PayPal is committed to fair and equitable compensation practices.Actual Compensation is based on various factors including but not limited to work location, and relevant skills and experience.The total compensation for this practice may include an annual performance bonus (or other incentive compensation, as applicable), equity, and medical, dental, vision, and other benefits. For more information, visit . The US national annual pay range for this role is $100,500 to $173,250PayPal 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 .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 .Who We Are:to learn more about our culture and community.Commitment to Diversity and InclusionPayPal 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 .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 .We know the confidence gap and imposter syndrome can get in the way of meeting spectacular candidates. Please don’t hesitate to apply.

PayPal