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:

What you need to know about the role

The position of Senior Manager, Head of Internal Audit - Australia will be based in Sydney and will be responsible for leading the Australia Internal Audit function and delivering the Australia Internal Audit Plan. The role will report functionally to the Head of Internal Audit APAC, and locally (at Australia legal entity level) to the Paypal Australia Board Audit Committee.

Job Description:

Your way to impact

To see success the Head of Internal Audit - Australia, will have proven experience across Internal Audit or Compliance experience from within a financial service company regulated by the Australia Authorities (APRA, AUSTRAC), and experience of leading the Internal audit function, working with Australia regulatory bodies with a sound knowledge of Australian financial regulatory mandates.

Your day-to-day

In your day-to-day role, you will:

Responsibilities:

Manage the PayPal Australia Internal Audit function in line with the PayPal governance policies and Australia relevant regulatory obligations.  Collaborate with the Australia Executive Management and the Board members.

Lead the development of the Australia Internal audit plan and in its effective execution

Manage and execute audit assignments, draft audit issues for review by audit management, facilitate issue tracking and validate closure of issues. Ensure that audits evaluate the adequacy and effectiveness of internal controls in accordance with PayPal’s audit methodology. Coordinate the process for reporting status of audits and findings to Management.

Lead the Australia Internal Audit risk assessment activities and the development and maintenance of the AU Internal Audit plan

Represent the Internal Audit function with the PayPal Australia Audit Committee and the PayPal Australia Senior Leaders. Present the audit plan, its status and findings to the relevant Australia legal entity governance bodies.

Represent the Paypal Australia Internal Audit function with Australia regulators.

Pro-actively develop and maintain professional working relationships with colleagues, the business and respective support areas and work in an integrated manner with fellow team members both locally and globally.

Develop and maintain key local regulatory knowledge and experience.

Keep current on Australia specific business/industry changes and their effect on the business, audit plan/approach and risk assessments.

Provide leadership, coaching and mentorship to teammates.

What do you need to bring

Experience Required:

The ideal candidate should have a minimum of 12-15 years of External Audit, Internal Audit or Compliance experience within a financial service company regulated by the Australia Authorities (APRA, AUSTRAC), and with proven experience of leading the Internal audit function, working with Australia regulatory bodies and knowledge of Australia financial regulatory mandates.

Skills Required:

A working knowledge and understanding of Australia relevant regulations, including prudential, consumer regulations and financial crimes risks.

Excellent relationship and communication skills to build internal networks within the team and wider firm, and the ability to clearly articulate business risks and controls at the senior management level.

Excellent client relationship skills.

Proactive approach in managing engagements and seeking ways to add value.

A team player with excellent time and project management skills and the ability to successfully manage multiple projects at one time.

Design audit test programs and hands on ability to execute and oversee audits including ability to evaluate the adequacy of system and manual controls.  

Have excellent problem-solving skills and attention to detail.

Demonstrate ability to see the big picture, analyze risks and make recommendations for improvements to mitigate those risks.

Experience with Australia regulators and the regulatory exam process.

A passion for understanding the unique PayPal community, along with a passion for understanding the online payments business

Ability to travel 10% of time.

Highly Desired:

Working knowledge of Prudential, Financial risk and consumer regulations in the Australia market.

Certified Anti-Money Laundering Specialist, Certified Internal Auditor, or Certified Regulatory Compliance Manager

Internal Audit experience with Big 4 or Financial Services firms.   

Additional Job Description:

Subsidiary:

PayPal

Travel Percent:

0

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 talentaccommodations@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.