Sr Manager, Global Sanctions Oversight
PayPal Inc.

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 Description Summary:
Meet our team

Working with the Senior Director, Head of Global Sanctions, the Senior Manager, Global Risk - Sanctions Policy oversees the Company's compliance with The Office of Foreign Assets Control (OFAC) and other global sanctions regulatory requirements. This role develops internal strategies and policies related to the Company's Global Sanctions Program and guides the quality of sanctions control processes.

Job Description:

Your way to impact

• Maintain Global Sanctions/OFAC related policies, guidelines, and training to management, and employees.
  
• Support investigations and interactions with the U.S. Treasury Departments' Office of Foreign Assets Control (OFAC) and/or local government authorities.
  
• Monitor adherence to the Company's Global Sanctions Policy and relevant procedures to verify adherence to applicable requirements.
  
• Assess the potential impact of issues/violations (legal/regulatory, policy, reputational, etc.) and control process gaps to help management define remediation activities, as appropriate.
  

Your day to day

• Work collaboratively across the business to understand its needs, assess complex issues, advise on potential solutions, and drive effective resolution effectively meeting regulatory requirements.
  
• Act as a liaison/contact for examinations, internal audit, and external audits of the Global Sanctions/OFAC Program. Responds to exams and audit concerns and oversees corrective action of all related compliance deficiencies.
  
• Advise stakeholders of sanctions trends, emerging risks, new or amended laws, regulations, or regulatory guidance and recommends and implements changes and controls to mitigate those risks and in support of PayPal's global business strategy.
  
• Provide subject matter expertise to the business in identifying, assessing, prioritizing, and managing sanctions compliance risk.
  

What do you need to bring-

• Typically requires a minimum of 12 years of related experience with a Bachelor's degree; or 8 years and a Master's degree; or a PhD with 5 years experience; or equivalent experience.
  
• Experience in financial crimes (with a strong sanctions background) compliance, risk, advisory or a combination of the three.
  
• Ability to lead initiatives across multiple teams and stakeholders.
  
• Policy and sanctions advisory experience a plus.
  
• JD preferred.
  

Additional Job Description:

Subsidiary:
PayPal

Travel Percent:
0

For the majority of employees, PayPal's balanced hybrid work model offers 3 days in the office for effective in-person collaboration and 2 days at your choice of either the PayPal office or your home workspace, ensuring that you equally have the benefits and conveniences of both locations.

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.

Commitment to Diversity and Inclusion

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 talentaccommodations@paypal.com.

Belonging at PayPal:

Our employees are central to advancing our mission, and we strive to create an environment where everyone can do their best work with a sense of purpose and belonging. Belonging at PayPal means creating a workplace with a sense of acceptance and security where all employees feel included and valued. We are proud to have a diverse workforce reflective of the merchants, consumers, and communities that we serve, and we continue to take tangible actions to cultivate inclusivity and belonging at PayPal.

Any general requests for consideration of your skills, please Join our Talent Community.

We know the confidence gap and imposter syndrome can get in the way of meeting spectacular candidates. Please don't hesitate to apply.

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