UK Money Laundering Reporting Officer

About PayPal

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. We empower consumers and businesses in approximately 200 markets to join and thrive in the global economy. Operating a global, two-sided network at scale, we connect hundreds of millions of merchants and consumers, facilitating connections, transactions, and payments both online and in person. Beyond third-party payment networks, we provide proprietary payment solutions accepted by merchants, enabling payment completion on our platform.

We offer customers the flexibility to use their accounts for purchases, receiving payments, and transferring/withdrawing funds. Consumers can exchange funds more safely with merchants using diverse funding sources, including bank accounts, PayPal/Venmo balances, credit products, cards, cryptocurrencies, or gift cards. Our PayPal, Venmo, and Xoom products also simplify peer-to-peer transfers. For merchants, we provide an end-to-end payment solution with authorization, settlement, instant fund access, payouts, customer connection tools, exchange/returns processing, and risk management. We also enable cross-border shopping and global merchant reach, reducing complexity in international trade.

Our core values of Inclusion, Innovation, Collaboration, and Wellness guide our daily business, ensuring we operate as one global team with customers at the center, while also caring for ourselves, each other, and our communities.

Job Summary

PayPal UK Ltd (PPUK) has served millions of UK customers for over 20 years. In line with our commitment to customer protection and financial system integrity, we are seeking a UK Money Laundering Reporting Officer to support the development, oversight, and continuous improvement of the PayPal UK Financial Crime Programme.

Essential Responsibilities

• Establish overall business or technical strategy for risk management with significant impact on operations.
• Influence executive-level decision-making through strategic risk assessments and recommendations.
• Partner with stakeholders to implement strategies that reduce or transfer identified risks.
• Monitor and analyze risk exposure to ensure alignment with organizational objectives.
• Lead initiatives that contribute to long-term sustainability and resilience in the face of uncertainty.

Expected Qualifications

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

Additional Responsibilities and Preferred Qualifications

This UK Money Laundering Reporting Officer role sits within the Second Line of Defence, reporting to the UK Chief Compliance Officer (SMF16). You will work closely with the First Line Financial Crime teams and our global Financial Crime organization to ensure PPUK maintains an effective and compliant framework for AML/CTF, Sanctions, Fraud, and Anti-Bribery & Corruption, aligned with FCA expectations and UK regulatory requirements.

Key Responsibilities:

• Oversee AML/CTF, Sanctions, Fraud, and ABC systems and controls across PPUK.
• Lead enhancements to financial crime policies, standards, and procedures aligned to regulatory requirements and industry best practice.
• Deliver financial crime insights, risk updates, and reporting for senior management, the Board, and internal governance committees.
• Provide oversight of key operational financial crime activities, including transaction monitoring, investigations, screening, intelligence, and SAR processes.
• Conduct second-line monitoring, thematic reviews, and deep dives to assess control effectiveness and drive remediation.
• Advise on financial crime risks for new products and operational changes and engage closely with Product, Engineering, and Group Financial Crime teams.
• Support regulatory engagement, audits, and supervisory requests from the FCA and other authorities.
• Help foster a strong compliance culture and support the development of financial crime capability across the organization.

Skills/Experience Required:

• Significant experience (>10 years) in Financial Crime, AML/CTF, Sanctions, or Fraud within a regulated financial services environment.
• Strong knowledge of UK regulatory requirements (FCA Handbook, SYSC, UK MLRs, JMLSG).
• ACAMs or ICA graduate diploma in AML or Financial Crime Risk.
• Experience working with regulators and leading or supporting regulatory reviews or audits.
• Strong analytical, problem-solving, and communication skills with the ability to influence at senior levels.
• Ability to operate confidently in a fast-paced environment while managing complex risks.
• Excellent communication skills with the ability to articulate complex decisions and concepts to a range of different stakeholders with competing agendas.
• Proven ability to build and maintain effective relationships with global teams, peers, management, internal teams and external agencies at a senior level.
• Self-motivated, able to manage deadlines under pressure.

Who You Are

You are a collaborative, proactive financial crime professional who thrives in dynamic environments. You can navigate complex regulatory matters with clarity, build strong partnerships across multiple teams, and help drive a culture where doing the right thing for customers is at the center of every decision.

Join Us

At PayPal, we champion innovation, inclusion, and customer well-being. If you are passionate about financial crime prevention and want to make a meaningful impact at scale, we would love to hear from you.

PayPal does not charge candidates any fees for courses, applications, resume reviews, interviews, background checks, or onboarding. Any such request is a red flag and likely part of a scam. 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 benefits to help you thrive in every stage of life. We champion your financial, physical, and mental health by offering valuable benefits and resources to help you care for the whole you.

We have great benefits including a flexible work environment, employee shares options, health and life insurance and more. To learn more about our benefits please visit https://www.paypalbenefits.com

Key skills/competency

• Financial Crime
• AML/CTF
• Sanctions Compliance
• Fraud Prevention
• Regulatory Compliance
• Risk Management
• FCA Handbook
• JMLSG
• Policy Development
• Stakeholder Management