Senior Legal Counsel, Commercial at PayPal Inc. in Chicago, Illinois

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 is seeking a strong transactional lawyer to provide best in class commercial support for some of PayPal's largest merchant and partner deals.



Job Description:



PayPal is one of the leading global payments companies in the world. PayPal's web, mobile and point of sale solutions have altered the payments landscape by blurring the lines between ecommerce and traditional brick and mortar commerce. PayPal's innovative technology and expanded product offerings, coupled with an increasingly complex and demanding legal and regulatory environment, provide robust career opportunities for attorneys motivated and driven by creative clients and a fast paced, cutting-edge culture.


PayPal is seeking a strong transactional lawyer to provide best in class commercial support for some of PayPal's largest merchant and partner deals. The successful candidate will partner with PayPal's Enterprise Sales teams to negotiate some of the most strategic and complex transactions with PayPal's merchants spanning all of PayPal's product and service offerings globally.


The position will involve drafting and negotiating highly complex multinational agreements (including with large global merchant organizations) and providing sophisticated, quick, concise, and high-quality legal advice. The negotiations will include coordinating cross-functionally within PayPal to effectively craft deal strategies and to provide innovative advice for PayPal (including in the area of cross border payment services). Ideally this attorney will be well-versed in technology, licensing, and payment/financial services (including payments product solutions), with a critical eye towards risk and regulatory issues. Because the job will involve a large amount of drafting, editing, and writing, exceptional writing skills are an absolute necessity.


The ideal candidate will be a confident self-starter with strong interpersonal and organizational skills and a demonstrated ability to: effectively and proactively provide sound legal advice; juggle a high volume of deal work and legal projects; build credibility with business partners; exercise good business judgment; work with senior management; and implement policies and processes on a cross-functional basis in a fast-paced environment.


Other qualifications include:

• Juris Doctorate or equivalent degree, with state bar membership


• At least 8 years' experience practicing either in-house or at a law firm


• At least 2 years' experience managing large deal closings that involved tracking the status of interrelated agreements, triggers, and stakeholder requirements


• Experience directly negotiating complex sales, marketing, or partner agreements with external parties


• Experience working with multiple client-side stakeholders such as: sales, privacy, product, regional counsel, risk, and regulatory


• Ability to spot issues and problems, take initiative, find solutions, make recommendations, organize internal coordination, bring about decisions and implement change


• Demonstrated ability to effectively navigate legal, compliance and business needs


• Exceptional attention to detail and ability to generate creative original legal documents


• Hands-on experience, either as outside or inside counsel, to financial services, fintech or technology companies


• Outstanding communication skills and ability to work both in teams and independently


• Strong negotiation and interpersonal skills and the ability to partner with internal and external stakeholders across the globe


• Experience in payments


• Ability to be highly engaged and succeed in a collaborative environment

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
$99300 to $216040


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.


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