Senior Internal Auditor

at  Paypal

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: Joining the EMEA Internal Audit Team, you will mainly work on a wide range of areas related to the PayPal EMEA business including banking/FinTech related topics (e.g. regulatory compliance, etc.). As part of our One Team approach, you will also sporadically partner with other internal audit teammates depending on audit scope in order to provide the highest value. You will work with a broad range of internal stakeholders and have a close relationship with many other departments, in a diverse, ambitious and collaborative team that creates impact The position will be based in Luxembourg and reports directly to a Senior Manager at PayPal.
Job Description:

JOB DESCRIPTION SUMMARY:

• Execute audit assignments with the emphasis on the EU and UK businesses, draft audit issues for review by audit management, facilitate issue tracking and validate closure of issues.
• Utilize internal audit best practice tools and processes to evaluate Compliance with applicable laws, regulations, and enterprise standards in the EMEA region.
• Completing all work assigned on a timely basis, including ad hoc projects and special investigations.
• Evaluate test results: accurately identify symptoms, root cause, problems, and identify alternative controls.
• Pro-actively develop and maintain professional working relationships with colleagues, the business, and respective support areas and working in an integrated manner with fellow team members both locally and globally.
• Effectively communicate the results of audit work.
• Capable of operating in a fast pace, diverse and matrixed environment while managing multiple assignments.
• Detail oriented and capable of clearly and concisely documenting work papers, issue statements, and audit reports. Developing and maintaining broad risk & controls experience.
• Keeping current on business/industry changes and their effect on the business, audit plan/approach and risk assessments.
• Managing projects from Planning through Fieldwork.
• Ensuring timely completion of key milestones of the audit.
• Providing input to the planning process by participating in walkthroughs and key meetings and uses knowledge to execute audit work.
• Identifying opportunities to assist managers and assuming personal responsibility for moderately complex key process areas (documenting test results clearly, addressing exceptions/findings appropriately, and communicating / escalating conclusions timely).

EXPERIENCE REQUIRED:

The ideal candidate should have ideally 4 to 6 years of External, Internal Audit or related experience working in a global financial institution with knowledge of relevant EU and UK regulations (e.g., Governance, Outsourcing, PSD2, Consumer Protection, Privacy, AML regulations). Industry experience must be from a recognized financial or payment institution and would ideally be within a large and high growth company that provides a variety of financial products and services. This candidate should have proven experience in evaluating internal controls or compliance programs. Working experience with Big4 firms or regulatory bodies is also recommended.

SKILLS REQUIRED:

The successful candidate should possess:
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Capable of operating in a fast pace, diverse and matrixed environment while managing multiple assignments.

• Detail oriented and capable of clearly and concisely documenting work papers, issue statements, and audit reports.
• Deadline driven, self-directed and organized individual.
• Fluent in English, with excellent written and verbal communications skills.
• Able to understand risk and control concepts.
• Analytical & problem-solving skills.
• Experience working in a regulated environment required.
• Ability to travel – up to 10-15%.
• CPA, CA, CFE, CAMS, CIA preferred.
• Innovative mindset and ability to develop ideas seeking ways to add value to the Global Audit team and the business.

WHO WE ARE:

To learn more about our culture and community visit https://about.pypl.com/who-we-are/default.aspx

• Execute a range of internal audit projects from the planning and fieldwork through reporting.
• Support the EMEA audit team and the broader PayPal audit Team.
• Develop and maintain constructive working relationships with auditees at all levels.
  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.