Senior Legal Counsel, Merchant

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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.

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Job Description Summary:
Senior Legal Counsel - Merchant Products

Job Description:

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 286 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.

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.

PayPal is seeking a high caliber and energetic attorney with experience in financial services and banking regulation and technology to join our Global Product Legal team supporting the Merchant Business Unit. The Senior Legal Counsel will:

  • Provide proactive, timely and business-focused legal advice on payments law and banking regulation.
  • Advise on the design and modification of products, proactively identify associated risks and recommend mitigation strategies, and review product user experiences to ensure legal compliance with applicable laws.


The successful candidate will have the specific qualifications and experience:

  • J.D. or equivalent required.
  • 6 or more years of experience practicing either in-house (or in an equivalent setting) or at a reputable law firm, with at least 2 years of those years focused on payments law, the FinTech space, or financial services and banking regulatory analysis.
  • Ability to advise on federal and state money transmission and banking 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. Working knowledge of payment card network and NACHA rules will be particularly beneficial.
  • Familiarity with, and strong interest in, PayPal, Venmo, mobile and alternative payments, emerging payments technology, and the payments industry.
  • 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.
  • Ability and drive to take ownership of projects and tasks.
  • 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.


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].

Subsidiary:
PayPal

Travel Percent:
0

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:
Click Here to learn more about our culture and community.

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 [email protected].

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.

More Information on PayPal
PayPal operates in the Fintech industry. The company is located in San Jose, CA. PayPal was founded in 1998. It has 34450 total employees. It offers perks and benefits such as Volunteer in local community, OKR operational model, Flexible Spending Account (FSA), Disability insurance, Dental insurance and Vision insurance. To see all 13 open jobs at PayPal, click here.
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