The China Money Laundering Reporting Officer (MLRO) role, resides in Market Compliance Oversight (MCO) team that provides support and oversight on regulatory risk issues. The PayPal MCO team supports the first line teams of the company on advisory and oversight of regulatory requirements. The candidate 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.

Essential Responsibilities:

• Lead complex projects and problem resolution efforts related to risk management.
• Collaborate with teams to identify and analyze risks that may impact operations and assets.
• Develop and implement strategies for risk mitigation and compliance.
• Assess current business trends to inform risk management practices and improvements.
• Drive global process improvements through effective project management and stakeholder engagement.

Minimum Qualifications:

• 8+ years relevant experience and a Bachelor’s degree OR Any equivalent combination of education and experience.

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 MCO 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