Compliance Manager, Paypal Europe

**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: The Compliance Manager is responsible for supporting the Bank’s response to evolving regulatory requirements in the EU/EEA markets. You will ensure that PayPal Europe (‘’PPEU’’) remains compliant with all relevant financial regulations (e.g., key frameworks such as PSD2, GDPR, DORA, CSRD and applicable consumer protection laws and financial product regulations in the EU/EEA).

**Job Description**:
As a PayPal Europe Compliance Manager, you will support a program that is missioned to identify and assess regulatory changes and oversee their proper and timely implementation across the various business units of PPEU, in collaboration with PayPal (group-level) ORCM organization, and PPEU’s Business Risk and Control Lead (BRCL) unit. To be successful, you will work closely with compliance, risk, legal, and FLOD operations/product development teams to assess regulatory impacts, execute on strategic action plans, and report progresses and residual regulatory risk to the Head of RCM Unit, the PPEU CCO and to Authorized Management.
You will report directly to the Head of RCM Unit and is critical to support a sound growth of PayPal’s overall business and products across the EU/EEA region.

**Your day to day will look like**:

- Monitor global, regional (EBA/ECB), and local (Luxembourg) regulatory developments that may impact the Bank’s operations and business plan execution. This responsibility will be executed within the framework of PayPal’s ORCM program, using group and policy tools.
- Analyze the impact of new and evolving EU/EEA regulations on banking operations and communicate potential risks and opportunities to Head of RCM Unit and senior stakeholders.
- Assess regulatory implementation efforts across multiple EU/EEA host countries, adapting the PPEU program to national transpositions where required on a risk-based approach.
- Advise on FLOD/SLOD program adjustments (enhancement of existing controls or creation of new programmatic controls) as a result of the RCM work. Ensure the control advisory information is properly recorded and tracked in SNOW with the support of the BRCL function.
- Execute on the ORCM framework to manage regulatory changes across the organization, and report on program execution through a series of working group/committees at PPEU and PayPal levels.
- Maintain with both legal and the global ORCM function a robust regulatory horizon scanning program to ensure timely identification and response to upcoming legislative changes. The role will help advise and support advocacy programs whenever required.

**Stakeholder Management & Advisory Function**
- Act as an advisory/SME regulatory compliance function who facilitates the development of policies and procedures to integrate new regulator