GFC Partner Due Diligence Analyst


March 27, 2021

Chandler, AZ 85286, US

Who we are: Fueled by a fundamental belief that having access to financial services creates opportunity, PayPal (NASDAQ: PYPL) is committed to democratizing financial services and empowering people and businesses to join and thrive in the global economy. Our open digital payments platform gives PayPal’s 375 million active account holders the confidence to connect and transact in new and powerful ways, whether they are online, on a mobile device, in an app, or in person. 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.
Job Description Summary: As a PayPal Compliance Analyst, you will join the GFC Partner Due Diligence (PDD) team responsible for conducting initial and periodic Financial Crime due diligence reviews of PayPal’s financial Partners, pursuant to the U.S. Financial Crimes Enforcement Network’s (FinCEN) advisory with respect to foreign agents and counterparties, and other applicable local and international AML laws and regulations. Financial Partners include banks, and financial and non-financial institutions that have a contractual relationship with PayPal to directly assist in disbursing transactions and processing payments to individuals and businesses around the world. In this role, you will conduct a timely and appropriately scoped financial crime due diligence review, at the time of initial onboarding with the prospective financial Partner, and, at a periodic time thereafter as determined by the assigned Risk level, to identify AML/Sanctions and related reputational risk. The end-to-end process will be based on a qualitative review of information received from the financial Partner, and independent research through various internal, third party and publicly available sources. For example, you will review all pertinent information to confirm a financial Partner is appropriately licensed in the jurisdictions where it disburses PayPal’s transactions, has implemented an AML Compliance program that meets PayPal’s standards, and has demonstrated sufficient experience and provides staff training to administer payments in accordance with applicable laws and regulations. You will also ensure Sanctions and PEP screening are conducted on these financial Partners and related parties and escalate any identified matches to management for appropriate disposition. You will prepare and complete program documents to evidence your end-to-end due diligence review. In addition to end-to-end reviews, you will be expected to utilize your expertise in support of developing and implementing a best-in-class GFC Partner Due Diligence program. You will also assist the GFC Partner Due Diligence team with a variety of related matters, to include periodic stakeholder updates and reports, and preparation for internal and external exams. This role requires a self-starter with the ability to think critically, seeing beyond the initial facts presented and reviewing information thoroughly and in a highly organized manner to drive the review to timely conclusion, to exercise discretion in handling highly sensitive and confidential financial Partner data, and to utilize independent judgment to escalate to Leadership, as appropriate. You will be a Financial Crime / AML subject matter expert, with specific emphasis on staying current with regulatory obligations, such as the United States Bank Secrecy Act, other international applicable regulations and requirements governing the international payments industry, and evolving industry practices.
Job Description:
Business Hours: Monday- Friday 9
Position Responsibilities:
  • Conduct end-to-end Due Diligence reviews of potential and existing financial Partners through review and analysis of compliance documents and various public and non-public sources.
  • Analyze complex information sets to make logical and effectively supported recommendations on appropriate Due Diligence measures.
  • Document findings in a narrative style format and prepare reports to management, as required.
  • Prepare and periodic maintenance of Partner Due Diligence files, Compliance reports and communications to partners and stakeholders.
  • Assist with periodic stakeholder reporting.
  • Ensure that policies and procedures governing the Partner Due Diligence program are maintained and up to date and in compliance with all applicable local and global laws and regulations.
  • Support ongoing Partner Due Diligence by collecting compliance materials and updating Partner files, reviewing, and analyzing the materials and summarizing /documenting pertinent findings.
  • Coordinate periodic compliance screening processes (i.e., Sanction, PEPs, and negative media reviews) with PayPal’s Global Sanctions team.
  • Meet deadlines/SLAs while maintaining quality for multiple con-current projects.
  • Perform Partner negative news research, analysis, and escalation reports.
  • Work cross-functionally within the Compliance organization and Business units.
  • Support and periodically updating Partner AML Risk Assessment Model.
  • Prepare reports using Excel, PowerPoint and other applicable tools and programs.
  • Handle ad hoc assignments.

  • A Bachelor’s degree in Finance, Legal, Criminal Justice or a comparable field, or equivalent work experience.
  • 2+ years of experience in AML Compliance research and analysis or legal/regulatory research.
  • Understanding of international AML regulations within the banking/financial services industry.
  • Advanced Power Point and Microsoft Excel skills (e.g. high comfort level with consolidating and merging data, imbedding formulas and pivot tables).
  • Ability to identify compliance risks and escalate when appropriate.
  • Ability to effectively collaborate with internal teams and external Partners located across multiple international time zones.
  • Must be a self-starter and be able to act independently.
  • Demonstrate ability to handle multiple priorities in a dynamic environment.
  • Exhibit strong research, analytical and organizational skills.
  • Ability to work in a self-directed and remote environment.
  • Exceptional oral, written and interpersonal communication skills with the ability to communicate complex information accurately, clearly and quickly to all levels.
  • Proven ability to analyze large amounts of data in order to report critical information.
  • High level of professionalism, self-motivation and sense of urgency.
  • Candidate must be fluent in English plus 2nd Language is preferred (Spanish or Mandarin are the preferred languages).

  • Drive for Results
  • Research and Analysis
  • Written Communication
  • Display a high level of professional judgment, commitment, integrity, and teamwork

We're a purpose-driven company whose beliefs are the foundation for how we conduct business every day. We hold ourselves to our One Team Behaviors which demand that we hold the highest ethical standards, to empower an open and diverse workplace, and strive to treat everyone who is touched by our business with dignity and respect. Our employees challenge the status quo, ask questions, and find solutions. We want to break down barriers to financial empowerment. Join us as we change the way the world defines financial freedom.
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.