Job Description Summary

What you need to know about the role:

China Money Laundering Reporting Officer (MLRO) role, resides in GEM&O (Global Entity Management & Oversight) organization called Risk and Compliance Oversight (RCO) team that provides support and oversight on regulatory risk issues.

Meet our team:

• The PayPal Risk and Compliance Oversight team supports the front line teams of the company on advisory and oversight of regulatory requirements.

• You will own the China AML/CTF policy and partner closely with key stakeholders in Global Financial Crime & Customer Protection (GFCCP), Products, HR, and others by providing advisory and oversight on the building of China AML/CTF Program.

Your way to impact

As the expert on AML/CTF & sanctions, your work is pivotal in ensuring the China AML/CTF Program can fully meet the requirements from local regulations and PayPal enterprise requirements.

In your day-to-day role you will

Have daily interaction with key global stakeholders, including regional RCO team responsible for day-to-day management of regional AML programs and ongoing enhancements consistent with global AML/CTF policies

Provide onsite and remote support for internal audits and regulatory exams, as well as partner onsite visits and ongoing reviews of the AML/CTF program by external stakeholders

Collaborate with local teams to ensure policy requirements are effectively adopted globally

Conduct ongoing assessment of AML regulatory changes to assist in shaping the evolution of PayPal’s overall AML/CTF program, including, KYC, Due Diligence and Suspicious Activity Reporting

Partner with global and regional policy leaders to stay current on trends and typologies, developing a consistent feedback loop between the policy and investigative functions

Ensure that global and regional AML policies are continually refreshed in response to evolving risk landscape and regulatory changes

Help to drive consistency in language, structure and overall mission communicated in regional policies to properly reiterate a global approach despite distinct regional nuances

Provide AML subject matter expertise in the development and rollout of new products and capabilities

Regularly review international AML/CTF-related reporting (metrics and regulatory disclosures) to identify key trends, areas of opportunity and to generally stay abreast of critical program metrics and insights

Provide clear and succinct communication both verbally and in writing to all levels of management and staff

Review and approve AML/CTF-related documentation, including audit and exam responses, presentations, and policy documentation

What do you need to bring

Deep subject matter expertise in China AML/CTF regulations, investigative practices, and proven ability to navigate a continuously evolving and complex regulatory landscape. The successful candidate will coordinate across multiple cross-functional teams, including local and global policy functions as well as investigative personnel executing on both global and regional AML/CTF programs requirements.

Ability to closely collaborate with customer-facing personnel, including Sales and Account Management as well as Product Development teams involved in creating AML/CTF related controls and key functionality to enable effective risk management

Outside-of-the-box thinking to formulate strategy to enable business growth in a compliant and sustainable manner

Excellent verbal and written communication in both English and Chinese Mandarin