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Risk & Compliance Oversight Analyst

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PayPal

8d ago

  • Job
    Full-time
    Mid & Senior Level
  • Banking & Finance
  • Dublin

AI generated summary

  • You need risk, compliance, or banking experience, strong process management, project management skills, and the ability to navigate risks and collaborate effectively in a complex environment.
  • You will evaluate risks and controls, analyze metrics, present escalated risks, maintain risk inventories, address control gaps, and ensure compliance using GRC tools.

Requirements

  • - Risk, Compliance, banking, process management, or similar experience.
  • - Experience in process mapping and documentation.
  • - Experience in managing risks, controls, and/or compliance obligations, preferably in the financial industry including managing or supporting any of the following:
  • - The identification, assessment, control, and response to risks;
  • - Execution of risk response plans, including the development, prioritization, and communication of;
  • - Driving adherence to risk and compliance policies and procedures;
  • - Monitoring key risks and identifying emerging risks; and
  • - Navigating within a three lines of defense model to address risk matters.
  • - Experience in control and/or process design
  • - Track record of driving action to support business results
  • - Possess the credibility and reputation to achieve effective working relationships with senior leaders across a matrixed organization
  • - Ability to provide risk knowledge through a practical, business lens
  • - Explains information to others in straightforward situations, which includes some sensitive information
  • - Ability to understand the nuance and risk interaction between product, jurisdiction, and function
  • - Demonstrates strong and effective collaboration skills and ability to operate comfortably within a complex cultural, global environment.
  • - Confidently and effectively solves low/moderate complexity problems without additional support. Consults with leadership on more complex problems by gathering facts and providing recommendations on the best solution
  • - Strong project management skills
  • - Ability to multitask and manage competing priorities to meet deadlines
  • - Demonstrated ability to learn quickly, manage projects and drive/achieve results

Responsibilities

  • Evaluating the inherent risks associated with GCS processes.
  • Identifying and assessing corresponding controls to determine the strength of the control environment.
  • Analyzing the need for additional controls and evaluating residual risks.
  • Analyzing key risk metrics for GCS, extracting valuable insights from dashboards and reporting tools to support decision-making processes and drive risk mitigation strategies.
  • Articulating and presenting escalated risks to management, providing clear assertions on risk exposure and highlighting potential impacts on GCS operations and objectives.
  • Developing and maintaining comprehensive inventories of risks and controls to facilitate effective risk management and control optimization.
  • Identifying control gaps resulting from new regulatory requirements and product changes across GCS, proactively addressing potential risks and ensuring compliance with evolving regulations.
  • Maintaining accurate and up-to-date data in Governance, Risk, and Compliance (GRC) tools for areas under responsibility, ensuring transparency and efficiency in risk management processes.
  • Maintain strong understanding of key risk management principles and PayPal products and services within area of responsibility.

FAQs

What is the primary responsibility of a Risk & Compliance Oversight Analyst at PayPal?

The primary responsibility is to develop, maintain, and enhance standardized Standard Operating Procedures (SOPs) to ensure consistency, efficiency, and compliance with regulations while collaborating with key stakeholders and conducting regular reviews to manage and mitigate potential risks.

What experience is required for this position?

Candidates should have experience in risk, compliance, banking, process management, or a similar field, along with experience managing risks, controls, and compliance obligations, preferably in the financial industry.

Is experience in process mapping important for this role?

Yes, experience in process mapping and documentation is important for this role.

What skills are needed to succeed as a Risk & Compliance Oversight Analyst?

Strong project management skills, the ability to multitask, effective collaboration skills, a practical understanding of risk management principles, and the ability to solve problems confidently are essential.

How does PayPal ensure a collaborative work environment?

PayPal operates a balanced hybrid work model which offers 3 days in the office for in-person collaboration and 2 days at the employee's choice of either the PayPal office or their home workspace.

What types of benefits does PayPal offer to its employees?

PayPal offers a flexible work environment, employee stock options, health and life insurance, and various other benefits to support employees' financial, physical, and mental health.

How does PayPal prioritize diversity and inclusion in the workplace?

PayPal provides equal employment opportunities regardless of various characteristics and strives to create an environment of acceptance and security where all employees feel included and valued.

Does PayPal accommodate employees with disabilities?

Yes, PayPal provides reasonable accommodations for qualified individuals with disabilities.

Is there a specific focus on managing emerging risks in this role?

Yes, experience in monitoring key risks and identifying emerging risks is a key requirement for this position.

Are there opportunities for career growth within the Risk Management team at PayPal?

Yes, the role is designed to drive effective risk management and supports ongoing professional development in the field of risk and compliance.

Technology
Industry
10,001+
Employees
1998
Founded Year

Mission & Purpose

PayPal is a prominent financial technology company that facilitates online payments and money transfers for individuals and businesses. Their fundamental objective is to empower seamless and secure digital transactions, enabling people to manage their financial lives more efficiently in an increasingly interconnected world. At its core, PayPal strives to be the bridge that connects people with the global economy, offering accessible and convenient solutions to move and manage money, ultimately promoting financial inclusion and empowerment.