Manager BRCL, GFCCP

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-

The Business Risk and Control Lead (BRCL) supports Product/Business owners in managing and mitigating risks. Embedded within PayPal's core business areas, the BRCL oversees daily risk management, conducts First Line of Defense (FLOD) testing, monitors Second Line of Defense (SLOD) compliance testing, and collaborates with business partners across all defense lines.

Meet our team-

As part of the Global Financial Crimes and Customer Protections (GFCCP) Business Strategy, Analytics and Planning organization, this role supports GFCCP by managing existing risk processes, risk identification, assessment, evaluation, and resolution of issues and incidents. In addition, this role is responsible for monitoring the Annual Risk and Compliance Plan output; risk reporting for products, functions, and jurisdictions; helping to manage and oversee second and third line testing engagements; and responding to regulator inquiries.

Job Description:

Your Way to Impact

• Identify potential breaches of regulatory obligations and ascertain whether key controls are in place to mitigate risk.
• Collaborate with internal business units to develop remediation plans to resolve control weaknesses identified through testing.
• Communicate your findings to key stakeholders and gain agreement for management actions plans.
• Develop and maintain strong understanding of key risk management principles and PayPal products and services within your area of responsibility.

Your Day to Day

In your day to day role you will...

• Perform control effectiveness monitoring and testing in accordance with internal procedures.
• Assess and identify control gaps and risks for all new regulatory and product changes across the business.        
• Conduct analysis of testing results and identify trends, potential areas of risk, and provide recommendations to mitigate those areas.
• Assist with Internal and External Audit and Testing Engagements such as Second Line of Defense Reviews, Internal Audits, Regulatory Examinations, etc.
• Provide regular updates to management regarding trends and changes recognized during day-to-day monitoring activities.

What Do You Need to Bring-

• Experience in Audit, Compliance and Risk Management, and Control Testing Methodologies (preferred).
• Advanced research and analytical skills such as an ability to assess and analyze large a