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Product Business Risk & Control Lead

Company: PayPal
Location: San Jose
Posted on: January 16, 2022

Job Description:

Job Description
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.The Business Risk and Control Lead ("BRCL") is responsible for holistic and proactive First Line of Defense risk management, helping Product Teams manage the risk that they own.

Key Responsibilities:
--- Execute risk management activities within the product organization:
- Perform and refresh risk assessments, including process mapping, risk identification, documentation, and rating
- Support in the ongoing identification and documentation of controls to ensure risks are sufficiently mitigated
- Execute PayPal's internal governance for the launch of new products, by supporting Product teams in early identification of risks/requirements and controls prior to launch
- Maintenance of Governance, Risk, Compliance (GRC) tool data for areas of responsibility
--- Management and execution of risk programs for functional areas
--- Support business needs surrounding documentation
--- Provide assertions on risk exposure and articulate and present escalated risks to management.
--- Maintain strong understanding of key risk management principles and PayPal products and services within area of responsibility.The Business Risk and Control Lead ("BRCL") is responsible for holistic and proactive First Line of Defense risk management, helping Product Teams manage the risk that they own. -Key Responsibilities:--- - - -Execute risk management activities within the product organization: -- Perform and refresh risk assessments, including process mapping, risk identification, documentation, and rating -- Support in the ongoing identification and documentation of controls to ensure risks are sufficiently mitigated -- Execute PayPal's internal governance for the launch of new products, by supporting Product teams in early identification of risks/requirements and controls prior to launch- Deliver against PayPal's Issue Management Policy, ensuring issues are identified and documented in the system of record, with sufficient mitigation plans to address control gaps/failures -- Maintenance of Governance, Risk, Compliance (GRC) tool data for areas of responsibility ---- - - -Management and execution of risk programs for functional areas--- - - -Support business needs surrounding documentation--- - - -Provide assertions on risk exposure and articulate and present escalated risks to management.--- - - -Maintain strong understanding of key risk management principles and PayPal products and services within area of responsibility.About you:10+ years of Risk, Compliance, Regulatory, banking, Audit, Operations or similar experienceExperience in managing risks, controls, and/or compliance obligations, preferably in Operations or the financial industry including managing or supporting the following:o - - - The identification, assessment, control, and response to risks;o - - - Execution of risk response plans, including the development, prioritization, and communication of;o - - - Driving adherence to risk and compliance policies and procedures;o - - - Monitoring key risks and identifying emerging risks; ando - - - Navigating within a three lines of defense model to address risk mattersExperience in control and/or process designTrack record of driving action to support business resultsPossess the credibility and reputation to achieve effective working relationships with senior executives across the organized and in a matrixed organizationCompetencies & Skills:Ability to provide risk expertise through a practical, business lensAbility to understand the nuance and risk interaction between product, jurisdiction, and functionStrong project management skills.Ability to multitask effortlessly and manage competing priorities under demanding deadlinesDemonstrated ability to learn quickly, manage projects and drive/achieve resultsStrong computer knowledge; excellent MS Word, Excel, Visio, and PowerPoint skillsSuperior verbal and written communication skillsOperate with strong integrity with the ability to handle projects of a sensitive and confidential natureDemonstrates a natural curiosity to understand root causePossess sound judgement, flexibility and nimbleness in changing courses and solving problems swiftlyDemonstrates strong and effective collaboration skills and ability to operate comfortably within a complex cultural, global environmentDemonstrates understanding of the organization's strategic direction and objectives in order to articulate and embed the role of risk in enabling strategyDeep, established credibility with the business to understand and communicate risks generated and impacting the businessFor 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 paypalglobaltalentacquisition@paypal.com.R0083877
Job SnapshotEmployee Type:Full-TimeLocation:San Jose, California, United States of AmericaJob Type:Risk & Compliance OversightExperience:Not SpecifiedDate Posted:1/6/2022Job ID:R0083877

Keywords: PayPal, San Jose , Product Business Risk & Control Lead, Other , San Jose, California

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