Job Description

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 Description Summary:

What you need to know about the role:
China Money Laundering Reporting Officer (MLRO) role, resides in GEM&O (Global Entity Management & Oversight) organization called Risk and Compliance Oversight (RCO) team that provides support and oversight on regulatory risk issues.

Meet our team:
• The PayPal Risk and Compliance Oversight team supports the front line teams of the company on advisory and oversight of regulatory requirements.
• You will own the China AML/CTF policy and partner closely with key stakeholders in Global Financial Crime & Customer Protection (GFCCP), Products, HR, and others by providing advisory and oversight on the building of China AML/CTF Program.
This role requires deep subject matter expertise in AML/CTF regulations, investigative practices and proven ability to navigate a continuously evolving and complex regulatory landscape. The successful candidate will coordinate across multiple cross-functional teams, including local and global policy functions as well as investigative personnel executing on both global and regional AML/CTF programs requirements. In addition, the role requires the ability to closely collaborate with customer-facing personnel, including Sales and Account Management as well as Product Development teams involved in creating AML/CTF related controls and key functionality to enable effective risk management.

Job Description:

In your day-to-day role you will

• Have daily interaction with key global stakeholders, including regional RCO team responsible for day-to-day management of regional AML programs and ongoing enhancements consistent with global AML/CTF policies
• Provide onsite and remote support for internal audits and regulatory exams, as well as partner onsite visits and ongoing reviews of the AML/CTF program by external stakeholders
• Collaborate with local teams to ensure policy requirements are effectively adopted globally
• Conduct ongoing assessment of AML regulatory changes to assist in shaping the evolution of PayPal’s overall AML/CTF program, including, KYC, Due Diligence and Suspicious Activity Reporting
• Partner with global and regional policy leaders to stay current on trends and typologies, developing a consistent feedback loop between the policy and investigative functions
• Ensure that global and regional AML policies are continually refreshed in response to evolving risk landscape and regulatory changes 
• Help to drive consistency in language, structure and overall mission communicated in regional policies to properly reiterate a global approach despite distinct regional nuances
• Provide AML subject matter expertise in the development and rollout of new products and capabilities
• Regularly review international AML/CTF-related reporting (metrics and regulatory disclosures) to identify key trends, areas of opportunity and to generally stay abreast of critical program metrics and insights
• Provide clear and succinct communication both verbally and in writing to all levels of management and staff
• Review and approve AML/CTF-related documentation, including audit and exam responses, presentations, and policy documentation

What do you need to bring

• Deep subject matter expertise in China AML/CTF regulations, investigative practices, and proven ability to navigate a continuously evolving and complex regulatory landscape. The successful candidate will coordinate across multiple cross-functional teams, including local and global policy functions as well as investigative personnel executing on both global and regional AML/CTF programs requirements. 
• Ability to closely collaborate with customer-facing personnel, including Sales and Account Management as well as Product Development teams involved in creating AML/CTF related controls and key functionality to enable effective risk management
• Outside-of-the-box thinking to formulate strategy to enable business growth in a compliant and sustainable manner
• Excellent verbal and written communication in both English and Chinese Mandarin

**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

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 talentaccommodations@paypal.com.  

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.

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