PPUK Chief Compliance Officer And MLRO

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.

Summary:

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.

:

This role will serve as the Chief Compliance and Money Laundering Officer (CCO) for PayPal UK Limited (PPUK) responsible for overseeing and ensuring the companys compliance with all regulatory conduct requirements, including those established by the Financial Conduct Authority (FCA) and other relevant regulatory bodies. The CCO will play a critical role in shaping the companys compliance strategy and risk management framework and ensuring a culture of compliance across the organization. The CCO will assume SMF16 (Compliance) and SMF 17 (Money Laundering) Senior Manager functions, will work alongside the PPUK Chief Risk Officer (responsible for PPUK prudential risk) and will report through to the PPUK CEO and International Head of Compliance.

In your day-to-day role you will:

• Lead the ongoing oversight and maintenance of the companys compliance program, ensuring alignment with FCA and other relevant UK regulatory requirement and PPUK policies and procedures.
• Maintain a strong understanding of applicable laws, regulations, and industry standards, ensuring PPUKs compliance strategy evolves in line with regulatory changes.
• Ensure that the company remains up to date with changes to regulatory frameworks and make recommendations for necessary adjustments to internal policies and procedures.
• Develop, implement and maintain the AML/CTF framework, policies and procedures.
• Oversee the preparation and submission of required regulatory filings and reports.
• Chair the PPUK Risk and Compliance Committee.
• Ensure the companys activities adhere to legal and regulatory requirements, including Consumer Duty and AML regulation.
• Identify, assess and monitor compliance risks across the organization and ensure that appropriate mitigation strategies are in place.
• Ensure annual business risk assessments for financial crime, Fraud, Sanctions, and Anti-bribery and Corruption are conducted effectively for all PPUK products and services.
  
• Establish and maintain appropriate financial crime risk-based monitoring processes proportionate to PPUKs operations, scale, nature, and complexity as it relates to all PPUK products.
• Oversee the draft, review, and implementation of compliance policies and procedures to ensure alignment with regulatory requirements and business objectives.
• Act as the key liaison between the company and regulatory bodies and serve as the primary point of contact during regulatory audits, inquiries and other ad hoc regulatory engagement requests.
• Report regularly to the PPUK Board of Directors, Board Audit and Risk Committees, senior management and relevant committees on the status of compliance activities, key risks and any regulatory issues.
• Ensure that appropriate corrective actions are taken when compliance issues are identified.
• Build out, lead and manage the 2LOD (Compliance and Financial Crime) teams, ensuring that staff are well-trained, managed, and resourced to perform their duties effectively.
• Provide guidance and leadership on complex compliance matters and ensure the teams performance aligns with the companys strategic objectives.

What you Need to Bring

• Extensive experience in a senior compliance role within a regulated financial services environment.
• In-depth knowledge of FCA and other UK regulations including AML/CTF, conduct risk, prudential regulation and data protection.
• Experience successfully managing complex regulatory relationships and representing the organization in regulatory audits, inquiries, and investigations.
• Strong leadership experience, with the ability to drive and influence compliance culture across the organization.
• Extensive knowledge of financial regulations, industry best practices, and emerging regulatory trends.
• Excellent communication, presentation, and interpersonal skills, with the ability to interact effectively with senior management, regulators, the Board of Directors, and cross-functional stakeholders.
• Strong analytical and problem-solving abilities with the capacity to identify and address complex regulatory issues.
• High level of integrity, attention to detail, and a proactive approach to identifying and mitigating risks.

Additional :

Subsidiary:

PayPal

Travel Percent:

0

For the majority of employees, PayPals 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, were committed to building an equitable and inclusive global economy. And we cant do this without our most important asset-you. Thats 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 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.

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 dont hesitate to apply.