Cryptoassets Sr Mgr Financial Crime Risk

Cryptoassets Sr Mgr Financial Crime Risk

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.
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:
You will ideally be based in the UK and will be accountable for ensuring all activity, conducted within PPUK, or globally on behalf of PPUK, related to Financial Crime Risk (FCR) is compliant in relation to the crypto business and to ensure that any non-compliance is addressed, and or escalated to the PPUK Executive, including the: Audit, Risk, Compliance & Conduct Committee (ARCC) and/or PPUK Board where required. As a member of PPUK’s second line of defence FCR team and overall Risk & Compliance area, you will report directly into the PPUK MLRO.
Job Description:
Responsibilities include:

• Develop, implement, manage, and oversee PPUK FCR systems & controls, monitoring, and oversight programme (to include PayPal’s global policies and procedures where they apply to the PPUK) in line with evolving statutory and crypto regulatory obligations.
• Work closely with colleagues based across the globe (e.g., PayPal’s Blockchain, Crypto, and Digital Currencies (BCDC) business unit) and relevant third parties to ensure that PayPal’s financial crime controls are designed and operating as per crypto legal, regulatory, and internal requirements.
• Support and coordinate management focus on FCR crypto-related risk applicable to PPUK.
• Assist PPUK management in developing and maintaining an effective FCR crypto compliance culture for PPUK.
• Establish and maintain appropriate financial crime risk-based monitoring processes proportionate to PPUK’s operations, scale, nature, and complexity as it relates to crypto services.

Additional Attributes:

• A successful track record operating at a senior level within a regulated financial services business
• Experience leading and managing First and/or Second line AML teams
• Excellent knowledge of UK Financial Crime obligations and methodology
• Understanding of and passion for the crypto, blockchain and Web3 space
• Deep knowledge of the UK regulatory environment, regimes, and requirements, ideally with a Graduate Diploma in AML, FCR or similar.
• Excellent UK market knowledge of existing and competing payments products and retail financial services in the UK
• Experience of being an Approved Person, Senior Manager or equivalent under the FCA.
• Ability to work with a global team in a matrixed organization (e.g., understan ing of and experience with solid/dotted-line reporting)

Responsibilities include:

• Develop, implement, manage, and oversee PPUK FCR systems & controls, monitoring, and oversight programme (to include PayPal’s global policies and procedures where they apply to the PPUK) in line with evolving statutory and crypto regulatory obligations.
• Work closely with colleagues based across the globe (e.g., PayPal’s Blockchain, Crypto, and Digital Currencies (BCDC) business unit) and relevant third parties to ensure that PayPal’s financial crime controls are designed and operating as per crypto legal, regulatory, and internal requirements.
• Support and coordinate management focus on FCR crypto-related risk applicable to PPUK.
• Assist PPUK management in developing and maintaining an effective FCR crypto compliance culture for PPUK.
• Establish and maintain appropriate financial crime risk-based monitoring processes proportionate to PPUK’s operations, scale, nature, and complexity as it relates to crypto services.

Additional Attributes:

• A successful track record operating at a senior level within a regulated financial services business
• Experience leading and managing First and/or Second line AML teams
• Excellent knowledge of UK Financial Crime obligations and methodology
• Understanding of and passion for the crypto, blockchain and Web3 space
• Deep knowledge of the UK regulatory environment, regimes, and requirements, ideally with a Graduate Diploma in AML, FCR or similar.
• Excellent UK market knowledge of existing and competing payments products and retail financial services in the UK
• Experience of being an Approved Person, Senior Manager or equivalent under the FCA.
• Ability to work with a global team in a matrixed organization (e.g., understanding of and experience with solid/dotted-line reporting)

For 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 We Are:
To learn more about our culture and community visit 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
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.
REQ ID R0124269

Seniority level

• Seniority level

  Not Applicable

Employment type

• Employment type

  Full-time

Job function

• Job function

  Finance and Sales

• Industries

  Software Development, Financial Services, and Technology, Information and Internet

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