Manager, Compliance – Escheatment & Open Banking

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 Summary: The Manager, Compliance – Escheatment & Credit Risk sits within the Second Line of Defense (SLOD) in Fair and Responsible Practices. The role provides independent oversight of credit risk and servicing compliance; supports development and governance of the enterprise Escheatment (Unclaimed Property) framework; and delivers second-line oversight of Open Banking and consumer data-sharing activities. Responsibilities include ensuring compliance with FDCPA, FCRA, ECOA, TILA, UDAAP, unclaimed property laws, and emerging data access regulations. The role partners cross-functionally with Legal, Product, Engineering, Operations, and Data Science to strengthen risk-based governance, provide credible challenge, and translate regulatory requirements into effective controls. Job Description: Essential Responsibilities: Identify issues and recommend best practices for risk management within the organization. Lead functional projects and programs that enhance risk assessment and mitigation efforts. Collaborate with teams to analyze business trends and their implications for risk management. Contribute to process improvements that enhance the effectiveness of risk management strategies. Provide guidance and support to team members in executing risk management initiatives. Minimum Qualifications: 5+ years relevant experience and a Bachelor’s degree OR Any equivalent combination of education and experience. Additional Responsibilities & Preferred Qualifications: Enterprise Escheatment Program Leadership Support the continued development and maturation of PayPal’s enterprise-wide Escheatment (Unclaimed Property) compliance framework within a SLOD governance model. Enhance policies, standards, and risk-based controls governing identification, dormancy tracking, due diligence outreach, reporting, and remittance of unclaimed property. Provide independent oversight and credible challenge of first-line escheatment processes to ensure regulatory alignment and control effectiveness. Conduct risk assessments to identify jurisdictional gaps and recommend remediation strategies. Support regulatory inquiries, audits, VDAs, and remediation initiatives. Deliver executive reporting on escheatment risk exposure and program maturity. Credit Risk, Collections & Servicing Compliance Oversight Provide second-line oversight of collections, recoveries, servicing, and collections expansion initiatives (including new geographies, products, or third-party models). Assess compliance risks related to credit bureau furnishing and dispute management under FCRA. Provide independent oversight, regulatory guidance and credible challenge to ensure business compliance with ECOA/Reg B, TILA/Reg Z, FDCPA, UDAAP, and related consumer protection laws. Review controls governing adverse action notices, billing statements, dispute investigations, periodic disclosures, and credit reporting accuracy. Evaluate regulatory considerations associated with minor accounts and youth-related financial products, including age-based eligibility, disclosures, and reporting impacts. Conduct risk-based compliance assessments across the credit lifecycle, including underwriting, pricing, servicing, automated decisioning, and account management. Open Banking & Consumer Data-Sharing Oversight Provide second-line compliance oversight of Open Banking and consumer-permissioned data-sharing activities across applicable jurisdictions, in coordination with SLOD Privacy and SLOD Cybersecurity. Assess regulatory compliance risks related to consumer data access, consent management, third-party data sharing, API governance, and transparency obligations, leveraging subject matter expertise from Privacy and Cybersecurity partners where appropriate. Partner with Legal, Product, and relevant SLOD functions to interpret evolving Open Banking frameworks (e.g., Section 1033 rulemaking and global data access regimes) and translate requirements into clear compliance control expectations. Review governance structures supporting third-party data access and customer rights (e.g., data portability, revocation of consent), ensuring alignment with established privacy and information security standards. Evaluate first-line monitoring and control frameworks for regulatory sufficiency, while coordinating with SLOD Privacy and Cybersecurity on data protection and security control effectiveness. Prepare executive-level reporting on Open Banking compliance risks, emerging regulatory developments, and cross-functional risk themes. Preferred Qualifications Experience supporting or enhancing an enterprise Escheatment/Unclaimed Property compliance program. Experience with credit bureau reporting and FCRA compliance oversight. Experience supporting Open Banking, API-based financial data sharing, or consumer-permissioned data programs. Familiarity with U.S. Section 1033 requirements and/or global Open Banking regulatory regimes. Experience supporting BNPL, revolving credit, installment lending, or embedded finance products. Experience operating in a global, technology-enabled financial services organization. CRCM or comparable compliance certification. Experience with statistical Fair Lending testing methodologies. Experience overseeing AI/ML models in financial services. Advanced degree in Law, Business, Finance, Risk Management, Data Analytics, or related field. Subsidiary: PayPal Travel Percent: 0 - The base pay for this role will depend on where you work and the relevant experience and expertise you bring. The expected range of pay for this role by location is: Primary Location | Pay Range: Chicago, Illinois | ($106,000.00 - $157,300.00 Annually) Additional Location(s) | Pay Range: Scottsdale, Arizona | ($100,500.00 - $149,600.00 Annually)
Omaha, Nebraska | ($100,500.00 - $149,600.00 Annually)
 Additional compensation for this role may include an annual performance bonus, equity, or other incentive compensation, as applicable. PayPal does not charge candidates any fees for courses, applications, resume reviews, interviews, background checks, or onboarding. When making an application directly, we will never ask you to share passwords, one-time passcodes (OTP), or verification codes.  Any such request is a red flag and likely part of a scam. All communication regarding your application will come from official PayPal email domains. If you suspect fraudulent activity, please report it immediately.  To learn more about how to identify and avoid recruitment fraud please visit https://careers.pypl.com/contact-us.  For the majority of employees, PayPal's balanced hybrid work model offers 3 days in the office for effective in-person collaboration and 2 days at your choice of either the PayPal office or your home workspace, ensuring that you equally have the benefits and conveniences of both locations. Our Benefits: At PayPal, we’re committed to building an equitable and inclusive global economy. And we can’t do this without our most important asset-you. That’s why we offer comprehensive, choice-based programs, to support all aspects of personal wellbeing—physical, emotional, and financial—delivering meaningful value where it matters most. We strive to create a flexible, balanced work culture with a holistic approach to benefits, including generous paid time off, healthcare coverage for you and your family, and resources to create financial security and support your mental health. Who We Are: Click Here to learn more about our culture and community. Commitment to Diversity and Inclusion  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.  If you are unable to submit an application because of incompatible assistive technology or a disability, please contact us at paypalglobaltalentacquisition@paypal.com. Belonging at PayPal:  Our employees are central to advancing our mission, and we strive to create an environment where everyone can do their best work with a sense of purpose and belonging. Belonging at PayPal means creating a workplace with a sense of acceptance and security where all employees feel included and valued. We are proud to have a diverse workforce reflective of the merchants, consumers, and communities that we serve, and we continue to take tangible actions to cultivate inclusivity and belonging at PayPal. Any general requests for consideration of your skills, please Join our Talent Community. We know the confidence gap and imposter syndrome can get in the way of meeting spectacular candidates. Please don’t hesitate to apply.