Director, Legal - Financial Services at PayPal Inc. in district of columbia, Washington DC

Job Description:

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:

PayPal Inc. is seeking a talented product counsel to join our legal team, supporting our Financial Services products. In this role, you will provide legal advice and guidance to our product organization on a wide range of legal and regulatory matters related to the development and launch of PayPal's products. You will be responsible for identifying legal and regulatory risks, advising on product design and strategy, and ensuring compliance with relevant laws and regulations.



Job Description:



Key Responsibilities

• Provide legal advice and guidance to our product leaders on a wide range of legal and regulatory matters related to the development and launch of product initiatives.
  
  

• Provide timely and business-focused legal advice on product design and strategy and proactively identify associated risks and recommend mitigation strategies.
  
  

• Review product experiences and associated content to ensure compliance with applicable laws.
  
  

• Develop appropriate terms, conditions, and disclosures for new product offerings.
  
  

• Provide advice in support of PayPal products including those related to financial services and credit initiatives.
  
  

• Collaborate with other legal and compliance teams, and other cross-functional groups to support product initiatives globally.
  
  

• Monitor regulatory developments impacting your portfolio of products and advise business and legal partners on their impact.
  
  

• Provide training to product leaders on legal and regulatory matters related to PayPal's products and services.
  
  

Qualifications and Experience

• Juris Doctorate degree from an accredited law school and admission to at least one state bar in current good standing.
  
  

• A minimum of 10 years of relevant legal experience in-house or at a major law firm (with at least 3+ years at a mid-to-large size technology company).
  
  

• Experience advising on legal and regulatory matters related to product development and launch. Consumer-facing product counseling experience is a major plus. FinTech or financial services product counseling also a plus.
  
  

• Strong understanding of technology and payments industries, including applicable laws and regulations, including knowledge of regulations and industry guidelines applicable to ecommerce, Reg. E, CAN SPAM, TCPA, E-Sign, and UDAP/UDAAP, and other guidance coming out of federal and state agencies such as the CFPB and the FTC.
  
  

• Familiarity with, and strong interest in e-commerce, PayPal, Venmo, mobile and alternative payments, emerging payments technology, and the payments industry.
  
  

• Ability to manage multiple projects simultaneously and under pressure with diligence, organization, and minimal supervision, and provide practical, business-friendly advice to clients.
  
  

• Strong analytical, strategic and project management skills; ability to drive issues to a quick resolution that factors in many non-legal variables, such as brand-risk, communications, government relations, , finance, and other business units.
  
  

• Exceptional communication skills, including the ability to explain complex legal and regulatory concepts to non-legal stakeholders.
  
  

• Comfortable with gray areas and interpreting and applying the law in unsettled contexts.
  
  

• Demonstrated ability to manage and develop a team, to effectively coach and mentor others, is a plus.
  
  

Additional Job Description:




Subsidiary:

PayPal



Travel Percent:

0


-


PayPal is committed to fair and equitable compensation practices.


Actual Compensation is based on various factors including but not limited to work location, and relevant skills and experience.


The total compensation for this practice may include an annual performance bonus (or other incentive compensation, as applicable), equity, and medical, dental, vision, and other benefits. For more information, visit https://www.paypalbenefits.com.


The U.S. national annual pay range for this role is
$118700 to $246290


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.


Notice to Applicants and Employees who reside within New York City. Click here to view the notice. Apply Now