Senior Analyst - TPRM Oversight

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 Summary:

As Senior Analyst on the Second Line of Defense, Third Party Risk Management Oversight Team (TPRM) this role will be responsible for monitoring and reporting business group adherence to the TPRM Policy and Program requirements. This role provides independent oversight and effective challenge to how we manage our third party services provider risks.

Job Description:

You will make an impact by ensuring that;

• Third Party Risk Management objectives are met.
• PayPal proactively identifies existing and emerging risks.
• Key stakeholders can make informed risk decisions when choosing third party service providers to support their business.
• Business groups are aware of the risks their third party service providers bring to the company.
• Key Stakeholders are aware of the risk requirements when onboarding and managing third party service providers.
• Products and services supported by our third party service providers are appropriately risk assessed in accordance with Enterprise policy and Global regulatory requirements.
• Minimum risk requirements are appropriately documented in the Third Party Risk Management policy.
• Third party risk regulatory obligations are known, understood, documented, and implemented.
• Regulatory reporting is performed timely and accurately.
• Enterprise third party risk landscape is appropriately reported on and available to key stakeholders.

In your day-to-day role you will;

• Collaborate on policies, procedures, and program governance to ensure effective risk management of third-party in accordance with industry standards
• Provide support to ensure the third party risk management process is effective in managing risks related to third-party relationships in a manner that is consistent with PayPal’s strategic goals, organizational objectives, risk appetite, and regulatory obligations
• Assist with developing appropriate training on third party risk management program
• Assist in remediating issues impacting the third party risk management program
• Assist with developing, implementing, and maintaining Third Party Risk independent reviews and monitoring of all ongoing monitoring and due diligence activities; inherent risk, risk management/ control effectiveness, residual risk, emerging risks, and aggregate risk
• Collaborate with the Business Intelligence team to provide requirements that deliver effective risk oversight reporting
• Understand and be able to interpret the third party risk management program policy requirement
• Align practical risk miti