Director, Legal - Product

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Fueled by a fundamental belief that having access to financial services creates opportunity, PayPal (NASDAQ: PYPL) is committed to democratizing financial services and empowering people and businesses to join and thrive in the global economy. Our open digital payments platform gives PayPal’s 392 million active account holders the confidence to connect and transact in new and powerful ways, whether they are online, on a mobile device, in an app, or in person. Through a combination of technological innovation and strategic partnerships, PayPal creates better ways to manage and move money, and offers choice and flexibility when sending payments, paying or getting paid. Available in more than 200 markets around the world, the PayPal platform, including Braintree, Venmo and Xoom, enables consumers and merchants to receive money in more than 100 currencies, withdraw funds in 56 currencies and hold balances in their PayPal accounts in 25 currencies.

 

 

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Job Description Summary:

PayPal is one of the leading global payments companies in the world. Initially conceived and designed for web payments, PayPal’s 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 approaches to payments, 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.

 

Job Description:

PayPal is already a trusted payment partner for millions of consumers around the globe, but we also have a unique opportunity to help consumers throughout their shopping journey, both online and offline.  PayPal is seeking a high caliber and energetic attorney with experience in financial services regulation and advertising technology to support the PayPal Shopping team in its global mission to develop powerful new commerce experiences that will fuel stronger relationships between merchants and consumers around the world. The Director, Product Counsel will

 

  • Provide proactive, timely and business-focused legal advice to the PayPal Shopping team on a variety of legal and compliance issues.

  • Advise on the design and modification of products and services, proactively identify associated risks and recommend mitigation strategies.

  • Review product user experiences to ensure legal compliance with applicable laws.

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

  • Remain up to date on relevant changes in consumer protection laws, financial regulation, privacy regulation, and advertising laws.

  • Work with PayPal’s M&A Integration team to provide legal support to newly acquired businesses and related products and services in the commerce space.

  • Work with other members of the PayPal legal team and cross-functional teams in support of the PayPal Shopping team.

 

The successful candidate will have the specific qualifications and experience:

  • J.D. or equivalent required.

  • 7 or more years of experience practicing either in-house (or in an equivalent setting) or at a reputable law firm, with a focus on financial services and e-commerce.

  • Ability to advise on financial services regulations; data privacy laws as they relate to financial institutions; consumer protection laws; and other guidance coming out of federal and state agencies such as the CFPB and the FTC.

  • Ability and drive to take ownership of projects and tasks.

  • Ability to thrive in a fast-paced environment and to tolerate change and ambiguity.

  • Confident self-starter with strong interpersonal and organizational skills and a demonstrated ability to effectively and proactively provide sound legal advice, exercise good business judgment, and work well with other attorneys, management, and cross functional stakeholders.

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

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

  • Creative thinker with strong problem-solving skills.

  • Exceptional oral and written communication skills.

  • Ability to handle multiple assignments simultaneously, with effective resolution of conflicting priorities.

  • Admitted to, and in good standing with, a state bar.

 

Subsidiary:

PayPal

 

Travel Percent:

0

 

Primary Location:

Los Angeles - Traction, California, United States of America

 

 

 

Additional Locations:

New York, San Jose

 

 

 

 

 

 

We're a purpose-driven company whose beliefs are the foundation for how we conduct business every day.  We hold ourselves to our One Team Behaviors which demand that we hold the highest ethical standards, to empower an open and diverse workplace, and strive to treat everyone who is touched by our business with dignity and respect.  Our employees challenge the status quo, ask questions, and find solutions.  We want to break down barriers to financial empowerment.  Join us as we change the way the world defines financial freedom.

 

 

 

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 [email protected].

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