At PayPal (NASDAQ: PYPL), we believe that every person has the right to
participate fully in the global economy. Our mission is to democratize
financial services to ensure that everyone, regardless of background or
economic standing, has access to affordable, convenient, and secure products
and services to take control of their financial lives.
Job Description Summary: Senior Legal Counsel – Consumer Financial Services
Products
Job Description:
Senior Legal Counsel – Consumer Financial Services Products
PayPal is seeking a talented, high caliber and energetic product attorney with
specific and focused experience in retail (non-lending) financial services
products and the related laws, rules and regulations to join our Global
Product Legal Team, supporting PayPal’s U.S. Consumer Financial Services
Products. In this role, you will be a strategic advisor to PayPal’s product,
engineering, design, and go-to-market teams.
This position will:
* Provide proactive, timely and business-focused legal advice on the application of financial services regulations to a range of PayPal branded consumer financial services products including, among others, Debit Card, Direct Deposit, Savings products and related digital wallet features.
* Advise on the design and modification of new and existing products and features throughout the entire product lifecycle, proactively identify associated risks and recommend mitigation strategies, and review product user experiences to ensure legal compliance with applicable laws.
* Develop trusted relationships with business partners and work closely with cross-functional teams (compliance, project management, marketing) to drive stakeholder alignment.
The successful candidate will have the specific qualifications and experience:
* J.D. or equivalent required.
* Admitted to, and in good standing with, a State Bar.
* Five or more years of experience practicing either in-house, preferably in a bank or fintech environment (or in an equivalent setting) or at a reputable law firm, with a focus on non-lending related financial services products , including the application of state and federal banking, payments, and/or FinTech -related laws, rules and regulations.
* Practical, business minded, approach to counseling clients on legal risks and issues.
* Ability to proactively identify associated risks and recommend mitigation strategies.
* In depth knowledge of and ability to effectively advise on related federal and state financial services laws, rules and regulations; consumer protection laws; payments laws; and other legal issues.
* Experience with launching financial services products and advising on the legal and regulatory aspects of product development in the financial services space.
* Familiarity with, and strong interest in, PayPal, Venmo, mobile and alternative payments, emerging payments technology, and the payments industry.
About you:
* Ability to thrive in a fast-paced environment and to tolerate change and ambiguity.
* Confident self-starter with strong interpersonal, organizational, and project management skills.
* Demonstrated ability to effectively and proactively provide sound, business -focused and timely legal advice, exercise good judgment, and work well with other attorneys, management, and cross-functional stakeholders.
* Ability and drive to take ownership of projects and tasks and bring them to prompt and effective completion.
* Comfortable with gray areas and interpreting and applying the law in new and unsettled contexts.
* Ability to focus both on attention to detail and the bigger picture.
* Creative thinker with strong problem-solving skills and the ability to stay calm under challenging circumstances.
* Exceptional oral and written communication skills.
* Ability to effectively explain/summarize complex concepts for varying audiences.
* Ability to handle multiple assignments simultaneously, with effective resolution of conflicting priorities.
New York City Only : The pay range for this position is as mentioned below per
year, plus annual bonus. We take into consideration an individual’s background
and experience in determining final salary. All PayPal employees are
shareholders in our Company, so equity is part of our total compensation plan.
This role is also eligible for health insurance, stock purchase plans,
retirement savings benefits, stock awards, life insurance and disability
benefits, and paid time off for sick leave, parental leave, vacation and PTO.
To learn more visit paypalbenefits.com. This information is provided per the
New York City Human Rights Law. Base pay information is based on market
location.New York City Salary in USD: $166940 - $206220
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:
To learn more about our culture and community visit
https://about.pypl.com/who-we-are/default.aspx
PayPal has remained at the forefront of the digital payment revolution for
more than 20 years. By leveraging technology to make financial services and
commerce more convenient, affordable, and secure, the PayPal platform is
empowering more than 400 million consumers and merchants in more than 200
markets to join and thrive in the global economy. For more information, visit
paypal.com.
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.
As part of PayPal’s commitment to employees’ health and safety, we have
established in-office Covid-19 protocols and requirements, based on expert
guidance. Depending on location, this might include a Covid-19 vaccination
requirement for any employee whose role requires them to work onsite.
Employees may request reasonable accommodation based on a medical condition or
religious belief that prevents them from being vaccinated.