Compliance Specialist-1

PayPal

Shanghai, China

Full-time

May 22

This job is no longer accepting applications.

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 392 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.

Job Description Summary

As a PayPal Sanctions Investigator I, your goal is to ensure that activity within the PayPal system is compliant with Anti-Money Laundering regulations and guidelines as well as PayPal’s adherence to our Ethics and Compliance Standards, and obligations to the appropriate regulations, such as the Bank Secrecy and USA PATRIOT Acts, and the governing authorities. In this role, you will investigate customer activity across multiple platforms to ensure that it falls within acceptable parameters established by governing bodies including, but not limited to, the Financial Crimes Enforcement Network (FinCEN) and the Office of Foreign Assets Control (OFAC). You will be tasked with creating brief summaries of your investigations and taking the appropriate mitigating action within PayPal’s various case management systems when necessary. As a Sanctions Investigator Level 1, it will be critical for you to stay current with policy changes and maintain consistent attention to detail.

Job Description

Sanctions Investigator Level I

Company Overview

PayPal is the purveyor of New Money, enabling global commerce to the tune of more than 7.7 million payments every day. Because PayPal helps people transact anytime, anywhere and in any way, the company is a driving force behind the growth of mobile commerce, as it processed 12% of the world’s mobile payments in 2014. More than dollars and cents, New Money is common sense.

Do you have a passion for conducting investigations and analyzing financial activity? Do you want to join a company that will give you industry leading training, cutting edge technology and access to worldwide, world-class customers? Join PayPal’s Enterprise Risk, Compliance and Security organization!

Job Description

As a PayPal Sanctions Investigator I, your goal is to ensure that activity within the PayPal system is compliant with Anti-Money Laundering regulations and guidelines as well as PayPal’s adherence to our Ethics and Compliance Standards, and obligations to the appropriate regulations, such as the Bank Secrecy and USA PATRIOT Acts, and the governing authorities.

In this role, you will investigate customer activity across multiple platforms to ensure that it falls within acceptable parameters established by governing bodies including, but not limited to, the Financial Crimes Enforcement Network (FinCEN) and the Office of Foreign Assets Control (OFAC). You will be tasked with creating brief summaries of your investigations and taking the appropriate mitigating action within PayPal’s various case management systems when necessary. As a Sanctions Investigator Level 1, it will be critical for you to stay current with policy changes and maintain consistent attention to detail.

As a Sanctions Investigator I, your responsibilities include:

  • Conducting an end-to-end and meticulous review of potential illegal activity or activity such as Money Laundering, Fraud, and, Terrorist Financing;
  • Completing a time-sensitive and meticulous analysis of each instance of potential Anti-Money Laundering activity and/or suspicious financial activity across multiple jurisdictions and countries;
  • Apply analytic techniques to standard information sets in order to make logical and supported recommendations;
  • Regularly exercise good judgement and in making decision or recommendations in relation to initial casework, including monitoring of industry watch lists and Know Your Customer efforts;
  • Documenting findings in the manual and automated process case management system

Job Requirements

  • A Bachelor’s degree in Finance, Legal, Criminal Justice or a comparable field or equivalent work experience;
  • Minimum of 1 years’ experience conducting research and investigations related to Fraud, Anti-Money Laundering, Customer/Enhanced Due Diligence investigation or verifications;
  • Proven ability to analyze large amounts of data in order to disposition initial casework appropriately;
  • Ability to work efficiently with an attention to detail in investigations and analysis;
  • High level of professionalism, self-motivation and sense of urgency

Competencies:

  • Drive for Results
  • Problem Solving

Our world-class culture is something we’re proud of. We’re committed to creating a thriving and inclusive workplace with great benefits including:

  • China Health Plan overview
  • Critical illness coverage
  • My Flex
  • Claim guidance
  • Financial security
  • Employee Stock Purchase Plan
  • Group term life insurance
  • Business travel insurance
  • Accident and disability insurance
  • Personal top up risk cover
  • Education Assistance Program
  • Financial wellness coaching
  • Time off
  • Employee Assistance Program
  • Manage stress
  • Meal allowance
  • Sports and social clubs
  • Family support
  • Marriage gift
  • Birth gift
  • Condolence support
  • Recognition
  • Support for new parents
  • Developmental assistance

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.

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