UK Product & Tech Compliance Manager

Posted:
6/11/2024, 5:00:00 PM

Location(s):
City of London, England, United Kingdom ⋅ England, United Kingdom

Experience Level(s):
Mid Level ⋅ Senior

Field(s):
Legal & Compliance

At PayPal (NASDAQ: PYPL), we believe that every person has the right to participate fully in the global economy. Our mission is to revolutionize commerce globally to make moving money, selling and shopping, personalized and secure. 

Job Description Summary:

PayPal’s UK Risk and Compliance team sits within a fast growing and dynamic region encompassing significant business, customer service and technology operations. You will play a key role in evolving the UK Risk and Compliance agenda and thought leadership both within UK and across the organization.

The UK market has more than 30 million customers and the Compliance organisation supports PayPal’s business footprint in facilitated by regulatory clearance, product functionality; expansion of customer service activities via captive/outsourcing arrangements; and building upon the successful technology outsourcing/captive capabilities.

Job Description:

Your way to impact:

  • Providing risk and compliance technical subject matter expertise to support the business and centralised organisations in executing the requirements of the programme and managing risks
  • Providing effective second line of defence challenge to the business, first line functions, and other centralised organisations
  • Support the local execution of risk and compliance programmes at a local level.
  • Evaluate and challenge status quo with the aim to continuously improve and adapt the Legal Entity’s approach to manage risks and adhere to applicable regulatory obligations.

Your day to day:

Product Risk and Compliance

  • Support the Strategic Risk methodology, including Product Risk and Compliance Management for the UK.  Work with relevant teams to understand the functionality of new and changing products coming to the UK market and provide risk assessments on appropriateness and regulatory considerations.
  • Maintain strong understanding of PayPal products and services and become a “go-to” person regarding products to assist wider members of the team as appropriate.
  • Support with review and assessment of new and changed products, processes and solutions as part of the Risk & Controls Identification Process and take part in the New Product Forum.
  • Support with business enablement discussions that require consideration of UK requirements.

Regulatory Reporting

  • Support with the development and maintenance of regulatory reporting framework, including procedures to streamline and automate regulatory reporting.
  • Act as a trouble shooter on regulatory reporting and take ownership for working on blockers in order to facilitate smooth flow of data for reporting purposes. 
  • Work with global teams to promote better ownership of UK reportable data.
  • Identify any gaps in data and work with relevant technical global teams to remediate issues relating to data accuracy and speed of provision.
  • Assist with developing and documenting processes around the provision of data for regulatory reporting and notifications.

Management Information

  • Assist team members with technical aspects of building management information dashboards for the UK entity.
  • Where applicable, work with relevant global teams to obtain data and information relating to provide input to the generation of a risk profile dashboard and support other processes such as top risks, emerging risks, etc.
  • Support the UK Legal Entity’s needs surrounding documentation (e.g. assist in policy refresh, documentation of procedures and security measures)

Ideally you would have

  • Bachelor's degree in Software Engineering or Computer Science or relevant areas.
  • A Risk or Compliance qualification is an advantage.
  • Extensive technical knowledge with experience of designing and executing new data-driven processes
  • Knowledge of regulatory reporting to UK authorities (PRA, FCA, BoE)
  • Experience in partnering with technologists, developers and engineers on product development and technical builds for streamlining data provision.
  • Extensive experience implementing new regulatory requirements.
  • Experience in teaming with technology and engineers on product development and technical builds for streamlining data provision.
  • Experience with drafting Compliance policies and procedures.

Key skills and experience

  • Strong communication and negotiation skills.
  • Problem solving and operational process skills and attention to detail.
  • Excellent ability to analyse compliance risks in complex business processes and recommend controls to mitigate those risks.
  • Proficient at collaborating with teams on a regional and global level.
  • Excellent executive presentation and project management skills with the ability to successfully work multiple issues at one time and work across global time zones.
  • Ability to work within a matrixed environment and cross functionally with operations and technology functions.
  • Ability to hold a level of influence, organising and motivating others, including those who are in more senior positions.

What we offer

  • A high-profile role supporting a global financial services firm implement its UK strategy.
  • A great place to work with internationally diverse and collaborative working environment.
  • Flexible working is available, including different choices of office
  • A green, sustainable working environment.

We know the confidence gap and imposter syndrome can get in the way of meeting spectacular candidates. Please don’t hesitate to apply.

Additional Job Description:

Subsidiary:

PayPal

Travel Percent:

0

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.


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, visit https://www.paypal.com ,  https://about.pypl.com and  https://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].

Any general requests for consideration of your skills, please Join Our Talent Community.