Risk Control Lead, Consumer Credit
PayPal Inc.

Job Info

---

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.

When applying for a job you are required to create an account, if you have already created an account - click Sign In.

Creating an account will allow you to follow the progress of your applications. Our system does have some requirements that will help us process your application, below are some guidelines for creation of your account:

• Provide full legal First Name/Family Name - this is important for us to ensure our future hires have the rightsystem set up.
• Please Capitalize first letter of your First and Last Name.
• Please avoid using fully capitalized text for your First and/or Last Name.
• NOTE: If your name is hyphenated or has multiple capitalization, please use the same format as your government ID.

Job Description Summary:
Meet our team:

The Consumer Financial Services Business Risk Control Lead ("BRCL") is responsible for helping the Product/Business owner manage the risk that they own over the product/business. 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, Annual Risk and Compliance Plan ("ARCP") output, and risk reporting for products, functions, and jurisdictions (as applicable). This role is also responsible for managing product/business-specific risk forums, and interfacing with the Second Line of Defense (SLOD) to understand and apply risk frameworks and protocols.

Job Description:

Meet our team:

The Consumer Financial Services Business Risk Control Lead ("BRCL") is responsible for helping the Product/Business owner manage the risk that they own over the product/business. 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, Annual Risk and Compliance Plan ("ARCP") output, and risk reporting for products, functions, and jurisdictions (as applicable).

What you need to know about his role:

This role is also responsible for managing product/business-specific risk forums, and interfacing with the Second Line of Defense (SLOD) to understand and apply risk frameworks and protocols.

Your way to impact:

• In this role you will get to Responsible execute and oversee risk management activities within each their Operational Unit and coordinating with the Business Control Services Center ("BCSC") for additional execution support.
  • Perform and refresh risk assessment including risk identification, documentation, rating & control evaluation
  • Create and maintain risk and control inventories including: Capabilities, Products, Processes, Legal Entity, Risks, and Controls
  • Manage the annual control testing program and execution through the BCSC

• Drive execution of issue, incident, complaint, and ARCP remediation
• Collaborate with stakeholders in business units, Legal, Compliance, and the partner bank to develop and implement First Line of Defence (FLOD) testing controls.
• Identify product changes with associated control impacts and ensure appropriate implementation through the Product Development Lifecycle

• Responding to Internal and External Audit and Testing Engagements (eg. SLOD reviews, Internal Audits, Regulatory Examinations)
• Management and execution of risk programs for functional areas
• Support business needs surrounding documentation (eg. Desktop procedures)
• Review and derive insights from key risk metrics for their business area, interpreting the data provided through dashboards and reporting (such as reg exams, complaints, incidents, etc.) from centralized teams.
• Provide assertions on risk exposure and articulate and present escalated risks to management.
• Maintain strong understanding of key risk management principles and PayPal products and services within area of responsibility.
• Represent business line in first line risk forums.
• Complete end to end risk assessments, monitor inventory and update as needed
• Compete business process and control mapping and create a schedule for future updates

What you need to bring -

• Bachelor's Degree plus 4 years of related experience; or Master's Degree plus 2 years of related experience
• Experience in managing risks, controls, and/or compliance obligations, preferably in the financial industry.

Subsidiary:
Venmo

Travel Percent:
0

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.

This job has expired.