BSA Officer

The Company

Pay Pal has been revolutionizing commerce globally for more than 25 years. Creating innovative experiences that make moving money, selling, and shopping simple, personalized, and secure, Pay Pal 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. Pay Pal 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 Pay Pal or Venmo account balance, Pay Pal 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 Pay Pal, 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.

The Bank Secrecy Act (BSA) Officer will serve as Pay Pal Bank’s (PPB) program owner and accountable executive for establishing, implementing, and sustaining the bank’s AML/CFT/OFAC compliance framework suitable for a de novo FDIC‑insured ILC. This role will build the program from the ground up to support charter‑readiness, ensure effective identification and mitigation of financial crime risks (including AML/CFT, USA PATRIOT Act, OFAC, and CIP/CDD), and deliver strong governance and reporting to PPB senior management and the Board.

The Officer will also lead day‑to‑day program execution and ensure the Bank is continuously exam‑ready through robust monitoring, high‑quality regulatory reporting, and strong issue remediation. In this role, the BSA Officer will report to the ILC’s Chief Risk Officer (CRO).

• Establish overall business and technical strategies for entity management that significantly impact Pay Pal operations.
• Advise on complex legal and regulatory compliance issues related to corporate structures.
• Influence executive‑level decision‑making through strategic insights and recommendations.
• Ensure the efficient operation of the organization’s diverse entities by maintaining compliance with laws and regulations.
• Lead initiatives that promote effective governance and risk management across the organization.

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

• Own and administer the Bank’s AML/CFT/OFAC program, including program design, customer risk profiles, risk assessments, internal controls, customer identification, due diligence, and trainings.
• Lead enterprise AML/CFT/OFAC risk assessment activities and drive risk‑based controls to mitigate identified risks.
• Oversee financial crime monitoring and investigations governance, including alert management standards, case…