PayPal UK Ltd (“PPUK”) has been serving millions of UK customers for over 20 years. We are seeking a UK MLRO to support the development, oversight, and continuous improvement of the PayPal UK Financial Crime Programme. This role is in the Second Line of Defence, reporting to the UK Chief Compliance Officer (SMF16). You will work closely with First Line Financial Crime teams and the 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.

Must Have

• Establish overall business or technical strategy for risk management.
• Influence executive-level decision-making through strategic risk assessments.
• 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.
• Oversee AML/CTF, Sanctions, Fraud, and ABC systems and controls across PPUK.
• Lead enhancements to financial crime policies, standards, and procedures.
• Deliver financial crime insights, risk updates, and reporting for senior management.
• Provide oversight of key operational financial crime activities.
• Conduct second-line monitoring, thematic reviews, and deep dives.
• Advise on financial crime risks for new products and operational changes.
• Support regulatory engagement, audits, and supervisory requests.
• Help foster a strong compliance culture and develop financial crime capability.
• Significant experience (>10 years) in Financial Crime, AML/CTF, Sanctions, or Fraud.
• 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.
• Ability to influence at senior levels.
• Ability to operate confidently in a fast-paced environment.
• Ability to manage complex risks.
• Excellent communication skills to articulate complex decisions and concepts.
• Proven ability to build and maintain effective relationships with global teams.
• Self-motivated, able to manage deadlines under pressure.

Perks & Benefits

• Flexible work environment
• Employee shares options
• Health and life insurance
• Benefits to help you thrive in every stage of life
• Valuable benefits and resources for financial, physical, and mental health

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:

PayPal UK Ltd (“PPUK”) has been serving millions of UK customers for over 20 years. As part of our commitment to protecting customers and ensuring the integrity of the financial system, we are seeking a UK MLRO to support the development, oversight, and continuous improvement of the PayPal UK Financial Crime Programme.

Job Description:

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 & Preferred Qualifications:

This role sits within the Second Line of Defence and reports to the UK Chief Compliance Officer (SMF16) and works closely with the First Line Financial Crime teams and our global Financial Crime organisation. You will help ensure PPUK maintains an effective and compliant framework for AML/CTF, Sanctions, Fraud, and Anti-Bribery & Corruption, aligned to 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 organisation.

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 centre 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.

Subsidiary:

PayPal

Travel Percent:

0

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.

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.