Head of Risk Management

Who we are

 

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. We’re a purpose-driven company, and our beliefs are the foundation of how we conduct business every day. We’re guided by our core values of Inclusion, Innovation, Collaboration, and Wellness. Collectively, these values inspire us to work together as One Team with our customers at the center of everything we do, and to take care of ourselves, each other, and the communities in which we live and work. We challenge the status quo, ask questions, and find solutions. Join us as we enable the hopes, dreams, and ambitions of millions of people around the world.

 

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Job Description Summary:

The Head of Risk Management Department, acting as second line of defense for PayPal Russia, in charge of the Risk, Internal Control Service and Compliance function, oversees the risks of PPRU and ensures adequate measures are taken to keep PPRU operating in line with regulatory requirements associated with the operating licenses granted to PPRU by the Central Bank of Russia.

Job Description:

• Leadership of a team of Risk and Compliance managers and analysts providing second line oversight & advisory support for PPRU risk and compliance processes.
• Performance of internal control service functions as set out in chapter 4(1) of CBR regulation 242-P (regulation on organising internal control in credit institutions and banking groups).
•  Ensuring timely delivery of regulatory reporting as it relates to internal control and oversight of Compliance activities for PPRU as set out by CBR regulation 242-P.
• Embedding risk and compliance frameworks set out by PayPal.
• Management of Business Continuity Planning and Oversight.
• Provide leadership and oversight for critical program deliverables including; risk assessments, annual and periodic plans, policy development and all governance material preparation in line with internal and regulatory obligations.
• Design, implement & lead process/product reviews to identify and mitigate first line risks, both operational & regulatory, in line with PPRU policy and appetite and regulatory requirements.
• Continuously maintain specific payment services risk and compliance knowledge to proactively advise PPRU on future and emerging regulatory risk & requirements across the evolving product offering.
• Working closely across the Risk & Compliance team and across functions, geography's and lines of defense  regarding strategic development, alignment of  processes and continuous improvement of policy and relevant control frameworks

Experience/Qualifications:

• 10+ years in financial industry with proven experience in compliance Manager function. With clear preference for experience within Payment Systems, Merchant Acquiring and alternative payment methods.
• Provide structured and flexible solutions. Tough yet balanced decision maker with sound judgement, calm under pressure, and the ability to prioritize and delegate.
• Personal confidence and humility. Gravitas and outstanding communication and interpersonal skills, applicable at all levels of PayPal. Adept at building internal as well as external network.
• High personal resilience a self-starter with energy and drive for results. A high degree of self-motivation is a given.
• Degree level education.
• Excellent English communication skills and writing skills.
• Strong problem solving, operational process and analytical skills
• Experience with regulators and the regulatory exam process in a financial institution.
• High energy and creativity, an entrepreneurial spirit and the desire to work in a fast growth and changing environment.
• Ability to work within a matrix environment and cross functionally with operations and technology functions.
• Experience in working in close partnership with technology and engineers on product development.
• Strong project management skills and ideally change management experience.

Subsidiary:

PayPal

Travel Percent:

0

Primary Location:

Moscow - Butyrskiy Val, Moscow Oblast, Russian Federation

Additional Locations:

For more than 20 years, PayPal has remained at the forefront of the digital payment revolution. By leveraging technology to make financial services and commerce more convenient, affordable, and secure, our open digital payments platform gives PayPal’s 400 million active account holders the confidence to connect and transact in new and powerful ways. 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.

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].