Risk Lead

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: What you need to know about the role: The Business Risk and Control Lead (“BRCL”) is responsible for managing and executing risk processes that exist in the first line, such as management and resolution of issues and incidents, risk identification, risk assessment, risk and control evaluation, Annual Risk and Compliance Plan (“ARCP”) output, and risk reporting for products, functions, and jurisdictions (as applicable). This role is also responsible for interfacing with the Second Line of Defense to understand and apply risk frameworks and protocols. Job Description: Your way to impact: Maintain strong understanding of key risk & control management principles and PayPal products and services within area of responsibility Drive execution of issue, incident, complaint, and ARCP remediation Engage cross-functional stakeholders and build relationships at various levels of the organization to effectively identify and manage issues and control deficiencies. Builds rapport, credibility, and relationships with multiple stakeholders. Great team player Must be detail-oriented, conscientious, thorough, and accurate whilst also maintaining a broad understanding of problems and impacts. Strong interpersonal skills, diplomacy, and client service-oriented attitude and mindset Ability to work globally and cross-functionally and lead change in a fast-paced environment independently as well as in a team Self-starter demonstrates independence, initiative and follow-through. Delivers on time while meeting quality objectives and customer expectations. Your day to day: Responsible for the execution of risk management activities within their Operational Unit: Lead the First line issue and incident owners through the Issue and Incident management frameworks lifecycle. Triaging and conducting root cause analysis of control deficiencies Leading cross functional remediation planning efforts through regular meetings and control design consults Managing issues through timely remediation and validation within defined SLAs Maintenance of Issue Management System of record data for areas of responsibility Responding to Internal and External Audit and Testing Engagements (e.g., SLOD reviews, Internal Audits, Regulatory Examinations) Perform and refresh risk assessment including risk identification, documentation, rating & control evaluation. Support activities related to Annual Risk & Compliance Plans for assigned area of business. Support the maintenance of risk and control inventories including Capabilities, Products, Processes, Legal Entity, Risks, and Controls Identify product changes with associated control impacts and ensure appropriate implementation through the Product Development Lifecycle Review and derive insights from key risk metrics for their assigned 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. Represent TISA in first line risk forums. What do you need to bring: 5 years of relevant experience in payment industry, financial services, management consulting firms and/or project management Proven experience identifying/evaluating/managing risk and collaborating to drive issue resolution in partnership with key stakeholders Understanding of payments products/ experiences Participates with leadership to determine direction and objectives of risk management programs Demonstrated working relationships that enable self-direction in risk management. Demonstrated ability to manage and influence cross-functional engagement & execution Some travel may be required **We know the confidence gap and imposter syndrome can get in the way of meeting spectacular candidates. Please don't hesitate to apply. Additional Job Description: Subsidiary: PayPal Travel Percent: 0 - 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 $64000 to $156750 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. At PayPal we are reimagining money, democratizing financial services, and giving people more ways to safely connect to their money and to each other. We are purpose-driven and looking for people who want to join us at the forefront of the digital payments revolution. 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Salary : $64,000 - $156,750