
Sr Legal Counsel
3 days ago
**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 Summary**:
What you need to know about the role
PayPal’s Legal team is looking for a highly engaged and dynamic lawyer to serve as Senior Legal Counsel for a line of business that is looking to expand wallet functionality and reach through a cross-functional team of high performers, entrepreneurs, and thought leaders that are focused on driving innovation.
The Senior Legal Counsel will play a key role in helping this mission and will provide legal guidance and support in connection with the design and development of wallet related functionalities and services.
**Meet our team**
**Your way to impact**
- Have significant experience in commercial contract negotiations with experience in financial services, payments or card network rules.
- Provide proactive, timely and business-focused legal advice on commercial transactions and contractual documents.
- Advise on the design of wallet related products and innovations, the structuring of partner deals, proactively identify associated risks and recommend mitigation strategies.
- Be responsible for briefing other legal team members of applicable product development and initiatives, maintaining records of legal advice provided over time, and for working collaboratively with members of the legal team, the compliance team and other teams to provide integrated guidance to the business.
**Your day-to-day**
In your day-to-day role you will:
- Have responsibility for providing legal advice to PayPal Global Markets organization.
- Have regular exposure to senior stakeholders.
- Analyze, draft and negotiate commercial agreements (marketing agreements, partnership agreements etc.)
- Work with the PayPal US, UK, EU and Asia Legal teams on strategic business initiative and key commercial deals with PayPal partners
- Partner with PayPal legal team members across our global organisation and supporting senior colleagues on a variety strategic projects and relevant regulatory issues
- Create and advise on templates, policies and procedures to address new requirements
- Provide training on relevant topics
- Manage escalations, collaborate across other teams and develop solutions to enable team and business partners to close deals.
**What do you need to bring**
- Bachelor of Laws, Juris Doctorate or equivalent degree, with more 7 years of experience practicing in house (or in an equivalent setting) or at a top tier law firm at a Senior Associate level, with at least 2 years of those years focused on payments law, the FinTech space, or financial services and banking regulatory analysis.
- Serve as the key legal representative at product review meetings, providing legal and business clients with ongoing feedback and counseling.
- Excellent drafting, written and verbal communication skills and
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