Senior Risk Analyst

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:

What you need to know about the role:

As a Consumer Business Risk & Controls Senior Analyst, you will support the product management organization by managing and executing day-to-day risk management activities to ensure PayPal is delivering great customer experiences.

These responsibilities include conducting risk assessments, including the creation of process and control documentation; timely management and resolution of issues and incidents; and development and maintenance of controls, controls monitoring and testing plans.

The Business Risk and Control Lead (“BRCL”) is responsible for helping Business owners in operational first line of defense teams manage the risk they own. The BRCL manages and executes risk processes that exist in the first line, such as risk identification, risk assessment, risk and control evaluation, management and resolution of issues and incidents, Risk and Compliance Plan (“RCP”) and risk reporting. This role is also responsible for managing business-specific risk forums, and interfacing with the Second Line of Defense to understand and apply risk frameworks and protocols.

You will be working with a variety of different skillsets across disciplines, managing risks processes such as Risk Identification, Risk Assessment, Risk and Control Evaluation, Management and Resolution of issues and incidents, Risk & Compliance Plan output as well as Risk Reporting for products, functions, and jurisdictions.

Job Description:

Meet our team:

This role will be a vital member of the Consumer Business Risk and Controls team responsible for successful delivery of PayPal core consumer products and features. You will ensure the execution and maintenance of all risk management programs and processes to drive operational excellence.

• Proactively collaborate with a cross functional team that will include product managers, project managers, engineers, analytics, second line of defense control partners, compliance, audit, and legal.
• Identify, measure, monitor and control risks associated with business activities.
• Strengthen the control environment by implementing and maintaining the risk management framework and program.

Your way to impact:

You, a vital player in a compact yet powerful team, will work closely with Consumer Business Leaders as well as partnering with other Business Risk and Control Leads, Risk & Compliance Product Engagement teams, Risk, Legal & Compliance Business Partners and stakeholders across Product, Policy, and other supporting teams. With your savvy skills and proactive attitude, you will manage various risk identification, assessments, testing and monitoring as well as mitigation activities.

This role will partner and collaborate with the business and SLOD to determine Key Risk Indicators and report out senior leaders and impacted stakeholders regularly.

Your day to day:

• Issues and Incident Resolution: Collaborate with partners to determine root cause and impacts, drive issue resolution and remediation, and develop controls. Communicate and collaborate with other BRCLs and business owners to assign and agree ownership of issues originating from outside of Consumer organization, ensuring adequate resources are in place to manage Consumer impacts.
• Risk Assessment: Perform and refresh risk assessment including risk identification, documentation, and control evaluation. Translate control deficiencies into mitigation plans and
• provides recommendations for enhancement. Identify critical areas to monitor and escalates issues and findings to appropriate stakeholders coming out of the process.
• New Product Reviews: Plan and execute on new product reviews to identify risks and controls, while enabling the business to move quickly.
• Risk & Control Plan Execution: Define, manage, and execute on activities associated with risk and control plans.
• Business Continuity Management: Accountable for ensuring adequate Business Continuity Plans and Business Impact Assessments
• Audit & Exam Management: Respond to Internal and External Audit and Testing Engagements (e.g., Second Line of Defense reviews, and Regulatory Examinations)
• Management Reporting & Awareness: Track progress and provide timely updates and escalate blockers and timeline concerns to management. Provide assertions on risk exposure and articulate and present escalated risks to management. Assist in advising senior management on the status of their risk environment related to risk identification and control weaknesses.
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