Senior Legal Counsel

5 days ago

Central Singapore PayPal Full time

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: This role is based in Singapore providing regulatory legal support primarily to the markets in Asia, with a focus on Southeast Asia.

**Job Description**:
This position is responsible for:

- Providing legal and regulatory advice associated with online payments, interbank money transfers and settlements, credit & debit card fund settlements, foreign exchange, money remittance, e-money/stored value, digital wallets, payment gateways, holding and reuse of balances, merchant acquiring, bank withdrawals and ACH & payments processing;
- Providing legal and compliance advice associated with payments licensing, payments regulations, anti-money laundering, counter terrorist financing, outsourcing, data protection, privacy, consumer protection, and information security;
- Dealing and negotiating with financial services regulators in SEA including the Monetary Authority of Singapore, Bank Negara Malaysia and Bank of Thailand;
- Engaging in regulatory advocacy, drafting and advising on correspondence, submissions and communications with regulators;
- Advising on legal and regulatory issues associated with sales, marketing, communications, market entry, product and services development;
- Advising on regulatory matters relating to commercial contracts, mergers and acquisitions, joint ventures, employment law;
- Advising on regulatory issues with respect to Financial Intelligence Units or law enforcement agencies for suspicious transaction reporting;
- Working closely with the Commercial Legal, Compliance and Government Relations Teams;
- Advising on onsite inspections, investigations and queries by financial services regulators, law enforcement agencies and government agencies.

Job Requirements:

- Broad and solid experience in dealing with regulators in the region with substantial experience and expertise in regulatory advocacy (both written and oral)
- Board experience in advising senior regional and local business management teams.
- Good law degree and admission to practise law in Singapore is required

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.

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

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.

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