Reporting to the VP, Enterprise Risk and Compliance Program, the Sr. Director, Risk and Compliance Oversight is responsible for overseeing and managing the company’s operational risk, with a specific focus on third-party risk management, affiliate services, operational resiliency, issue management, and incident oversight. This person will play a critical role in ensuring the company’s operations are efficient, effective, and in compliance with regulations and industry best practices. Job Descrip... more details
At PayPal (NASDAQ: PYPL), we believe that every person has the right to participate fully in the global economy. Our mission is to democratize financial services to ensure that everyone, regardless of background or economic standing, has access to affordable, convenient, and secure products and services to take control of their financial lives.
Job Description Summary:
Reporting to the VP, Enterprise Risk and Compliance Program, the Sr. Director, Risk and Compliance Oversight is responsible for overseeing and managing the company’s operational risk, with a specific focus on third-party risk management, affiliate services, operational resiliency, issue management, and incident oversight. This person will play a critical role in ensuring the company’s operations are efficient, effective, and in compliance with regulations and industry best practices.
Job Description:
Key Responsibilities
- Drive adoption of the operational risk management framework for the company.
- Lead and enhance the company’s third-party risk management program, including due diligence, monitoring, and reporting.
- Establish and maintain effective relationships with key process owners and ensure that their services comply with the company’s standards and expectations.
- Enhance the operational resiliency program to ensure that the company’s critical operations can continue in the event of a disruption or disaster.
- Oversee the company’s incident management program and ensure that all incidents are effectively managed and resolved in a timely manner.
- Develop and implement metrics and reporting to effectively monitor and communicate the company’s operational risk profile to senior management.
- Provide advice and guidance to business units on operational risk management and compliance matters.
- Collaborate with internal and external stakeholders to ensure that the company’s operational risk management practices are aligned with industry best practices and regulatory requirements.
- Monitor and assess emerging operational risk issues and trends, and develop strategies to mitigate risks to the company.
- Manage and develop a team of operational risk management professionals.
- Prepare and provide regular updates to Parent and international Boards, authorized committees and working groups as appropriate.
- Provide subject matter expertise to the business in identifying, assessing, prioritizing, and managing sanctions compliance risk.
Qualifications
- Bachelor’s degree in business, finance, or a related field; MBA or other advanced degree preferred.
- 12+ years of experience in operational risk management or a related field, with at least 5 years of experience in a leadership role.
- Strong knowledge of operational risk management frameworks, industry best practices, and regulatory requirements.
- Demonstrated experience in developing and implementing effective third-party risk management programs.
- Strong analytical and problem-solving skills, with the ability to identify and mitigate operational risk issues.
- Excellent communication and interpersonal skills, with the ability to build effective relationships with internal and external stakeholders.
- Strong leadership and management skills, with the ability to manage and develop a team of operational risk management professionals.
- Ability to work effectively in a fast-paced, dynamic environment, and to manage multiple priorities and projects concurrently.
Additional Job Description:
Subsidiary:
PayPal
Travel Percent:
15
-
PayPal is committed to fair and equitable compensation practices.
Actual Compensation is based on various factors including but not limited to work location, and relevant skills and experience.
The total compensation for this practice may include an annual performance bonus (or other incentive compensation, as applicable), equity, and medical, dental, vision, and other benefits. For more information, visit https://www.paypalbenefits.com.
The U.S. national annual pay range for this role is
$143400 to $285450
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 remained at the forefront of the digital payment revolution for more than 20 years. By leveraging technology to make financial services and commerce more convenient, affordable, and secure, the PayPal platform is empowering more than 400 million consumers and merchants in more than 200 markets to join and thrive in the global economy. For more information, visit paypal.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 paypalglobaltalentacquisition@paypal.com.
As part of PayPal’s commitment to employees’ health and safety, we have established in-office Covid-19 protocols and requirements, based on expert guidance. Depending on location, this might include a Covid-19 vaccination requirement for any employee whose role requires them to work onsite. Employees may request reasonable accommodation based on a medical condition or religious belief that prevents them from being vaccinated.