Aaron Karczmer

Chief Risk Officer; Executive Vice-President, Risk and Platforms, PayPal

Aaron Karczmer oversees PayPal’s Risk and Platforms organization and serves as the company’s Chief Risk Officer.

The Risk and Platforms organization covers front-line risk, core platforms, and entity management and oversight. Front-line risk teams have direct responsibility for managing fraud, brand and seller risk, as well as for fulfilling PayPal’s commitment to combat money laundering, terrorism financing and related financial crimes around the world. Management of core platforms has been unified to provide the full spectrum of tools and resources necessary to enable business partners to deliver innovative products and services to internal and external customers around the world. In addition, the entity management and oversight teams design, operate, and optimize a governance infrastructure to meet business priorities and regulatory expectations in all of the jurisdictions in which PayPal operates.

Aaron brings 20 years of risk management, law enforcement, and legal experience with an ongoing focus on leveraging partnerships, data, and technology. Prior to joining PayPal in 2016, Aaron spent nearly a decade at American Express serving in a variety of compliance leadership roles, most recently as Senior Vice President, Deputy Chief Compliance Officer and Head of Global Financial Crime Compliance. Earlier in his tenure at American Express, Aaron founded and led the Financial Intelligence Unit, which had global responsibility for the suspicious activity reporting process; he also managed a number of complex regulatory orders and led the design and implementation of policy and methodology frameworks, new technology and organizational structures.

Earlier in his career, Aaron held a number of roles at the New York County District Attorney’s office, including Unit Chief and co-founder of the Identity Theft Unit, which was responsible for investigating and prosecuting cases, including counterfeit credit card rings, data breaches, and cyber-crime; he was also a member of the Firearms Trafficking Unit, where he was responsible for leading long term informant- and undercover-based investigations. He also helped develop one of the first prosecutor-owned computer forensic labs.

Aaron earned a JD from Stanford Law School and served as a law clerk for the Honorable Samuel Conti, U.S. District Court, Northern District of California. He received his BA in Criminal Justice from John Jay College of Criminal Justice in New York.