Job Description: Fueled by a fundamental belief that having access to financial services creates opportunity, PayPal (NASDAQ: PYPL) is committed to democratizing financial services and empowering people and businesses to join and thrive in the global economy. Our open digital payments platform gives PayPal's 267 million active account holders the confidence to connect and transact in new and powerful ways, whether they are online, on a mobile device, in an app, or in person. Through a combination of technological innovation and strategic partnerships, PayPal creates better ways to manage and move money, and offers choice and flexibility when sending payments, paying or getting paid. Available in more than 200 markets around the world, the PayPal platform, including Braintree, Venmo and Xoom enables consumers and merchants to receive money in more than 100 currencies, withdraw funds in 56 currencies and hold balances in their PayPal accounts in 25 currencies.
The Compliance Program Analyst is responsible for analyzing, identifying, escalating and mitigating money laundering and terrorist financing risk related activity.
Xoom, A PayPal Service, is revolutionizing the global digital money services market by providing people with an easy, convenient and cost-effective means of sending money worldwide. We offer a secure, fast and inexpensive means of sending money, paying bills and topping up prepaid mobile phone services across multiple digital platforms to both online and offline recipients in over 130 countries and counting.
We are currently seeking a Compliance Program Analyst, to contribute to our program on a variety of compliance matters, as well as performing risk assessments for compliance, identify risks, analyse information and present conclusions to manager.
Requires an understanding and application of money laundering regulations, methods and trends as well as a basic understanding of analytic methodologies to identify indicators of criminal and other suspicious activity
Transaction monitoring and analysis, confidential research and analysis of our customers and their activity to evaluate unusual activity. Utilize a variety of analytical techniques, computer systems and services to present fact-based consumer transaction patterns
Work with the Compliance/Risk Operations teams, as needed, to ensure leads are handled efficiently and investigation results are appropriately communicated
Ongoing monitoring for specific criteria or pre-defined data sets. Identify trends in unusual behaviour across different categories and present conclusions to manager
Participate in projects and provide support to team members as needed
Demonstrated research/analysis experience in BSA/AML and OFAC compliance programs or equivalent experience in complex retail/consumer financial services/payment services/Money Service Business organizations with multiple financial products, a regulatory agency or law firm involving payment services
Ability to work on confidential and sensitive matters with a high degree of professionalism and discretion, while maintaining security and complying within regulation guidelines at all times
Demonstrated proficient analytic skills, investigative skills and effective problem-solving abilities
Excellent ability to present data analysis and investigative findings in formal and ad-hoc written and verbal formats.
Highly self-motivated, independent and flexible in approach
Team player with strong collaborative qualities and a positive demeanour
Advanced Microsoft Excel skills (e.g. consolidating and joining data, creating formulas, pivot tables, and vlookup)
Ability to write SQL code to extract and manipulate data preferred, but not required
Excellent verbal and written communication skills with all levels of management. English language proficiency required
Successful completion of background checks including credit, education, employment, felony and OFAC screenings
We're a purpose-driven company whose beliefs are the foundation for how we conduct business every day. We hold ourselves to our One Team Behaviors which demand that we hold the highest ethical standards, to empower an open and diverse workplace, and strive to treat everyone who is touched by our business with dignity and respect. Our employees challenge the status quo, ask questions, and find solutions. We want to break down barriers to financial empowerment. Join us as we change the way the world defines financial freedom.
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.