Dir, Blockchain, Digital Currency, MLRO - PayPal : Job Details

The CompanyPayPal 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: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. 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.Summary:What you need to know about the role•Regulatory compliance resides in the Global Financial Crimes (GFC), Partnership, and Network Compliance organization that fosters strong compliance culture, executes second line of defense obligations, and advises business units and functions across the enterprise•You will serve as the Money Laundering Reporting Officer (MLRO) for the PayPal Digital legal entity, and provide global financial crimes oversight for the Blockchain, Crypto, and Digital Currencies (BCDC) business unit and the Enterprise Know Your Customer (KYC) programMeet our team:•This role will be responsible for financial crimes compliance decisions (PayPal's approach to Anti-money Laundering (AML), Sanctions, and other illicit financing controls) made within PayPal's BCDC business unit, and the PayPal Digital legal entity, and will lead the Enterprise KYC program teamJob Description:Your way to Impact

• You will work closely with BCDC stakeholders to develop compliance requirements that achieve business goals while balancing financial crime compliance obligations and risks
• You will provide thought leadership to cross-functional BCDC leaders on AML, Counter Terrorist Financing (CFT), considerations and technical requirements that must be incorporated into product builds to achieve compliance objectives

Your day-to-dayIn your day-to-day role you will:

• Advise senior leadership and business clients on PayPal's GFC program as it relates to BCDC-driven initiatives (e.g., crypto Buy/Hold/Sell/Transfers/Checkout, stablecoin-related cross-border payment/treasury initiatives, geo expansion/licensing (e.g., MiCA), etc.)

• Work collaboratively with BCDC and first-line GFC leaders to develop/enhance GFC-related policies/procedures/playbooks, implement blockchain analytics tools/technology (including defining requirements), oversee vendor engagements, and develop a roadmap of broader integration between blockchain analytics solutions and PayPal's internal ecosystem
• Develop close working relationships with key leaders and stakeholders within Legal, Compliance, Corporate Development, Global Regulatory Relations, Government Relations, Finance, Treasury, Tax, and Human Resources functions
• Participate in relationship-building and ongoing program reviews by external stakeholders, including regulators, bank partners, and law enforcement
• Providing high quality AML/CFT subject matter expertise in a clear, solution-oriented, and customer-focused manner
• Partner with BCDC Business Risk & Control Leads (BRCLs) to coordinate/drive 3rd and 4th party PYUSD (PayPal's branded stablecoin) ecosystem development initiatives as well as escalations (when needed)
• Collaborate with Market Compliance MLROs on non-US crypto-related initiatives (e.g., United Kingdom, Singapore, etc.)
• Serve as the GFC leader of the second-line of defense for PayPal Digital (e.g., provide governance/oversight, assist with Board reporting/presentations, etc.)

What do you need to bring

• 15+ years of experience in financial technology, AML compliance, law enforcement, payment systems, digital assets, financial regulation, or investigations
• Deep understanding of the technological variants of digital asset ecosystems with a focus on AML and illicit financing controls for digital assets (e.g., stablecoins, traditional crypto-currencies such as BTC, bridging/wrapping, DeFi, etc.)
• Knowledge of existing/emerging regulatory frameworks impacting the digital asset ecosystem
• Experience with New York Codes, Rules and Regulations - Title 23 - FINANCIAL SERVICES Chapter I - Regulations of the Superintendent of Financial Services Part 200 - VIRTUAL CURRENCIES
• Proven track record in driving positive outcomes between compliance and business leaders
• Excellent project management skills, well organized, with the ability to thrive in a fast-paced work environment and manage numerous projects simultaneously under deadline pressure
• A high-level of intellectual, professional, and interpersonal agility/flexibility, combined with strong analytical/problem-solving skills
• Strong ability to inspire/foster an inclusive/diverse culture
• Demonstrated ability to build/maintain relationships with key stakeholders, including strengths in influencing, conflict management, and negotiation
• Ability to communicate complex matters in a simple and clear manner
• Experience in partnering with senior business stakeholders, particularly in the context of a rapidly evolving environment
• Excellent ability to analyze AML/CFT risks in complex/crypto-related business processes and recommend controls to mitigate those risks

Additional Job Description:Subsidiary:PayPalTravel Percent:0PayPal 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 The U.S. national annual pay range for this role is$118700 to $246290For 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 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 [email protected].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.Notice to Applicants and Employees who reside within New York City. Click here to view the notice.