Director, Legal Counsel

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 Description Summary:

PayPal is seeking a talented and highly motivated attorney to join its Legal Department, leading support of PayPal’s US Buy Now, Pay Later business.

Job Description:

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. 

This role will be leading support of PayPal’s U.S. consumer BNPL and installment lending products. Responsibilities include providing strategic and regulatory guidance on new product initiatives and existing product enhancements, partnering with leaders across the organization to respond to proposed and enacted legislation, and support state licensing and bank partner relationships.

The successful candidate will have the following specific qualifications and experience:

§  Significant expertise in legal issues arising in most, if not all, of the following areas:  credit and lending, buy now pay later products, financial services, consumer protection, and marketing. 

§  Significant expertise and prior experience in state laws governing consumer credit installment products 

§  Significant expertise and prior experience in federal laws and regulations such as: EFTA/Reg. E, TILA/Reg. Z, FCRA/Reg. V, FACTA, GLBA/Reg. P, UDAAP, FDCPA, ECOA/Reg. B, SCRA, TCPA, CAN-SPAM, and other laws affecting payments products, and consumer and small business credit products.  

§  Experience with e-commerce, payments, credit cards or other lending products. 

§  Experience dealing with regulatory bodies, regulatory exams, internal and third-party audits.

§  Experience supporting compliance and risk teams. 

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

§  Ability and drive to take ownership of projects and tasks which, in many cases, will be matters of first impression.

§  Openness to adapting his/her practice in response to the changing landscape of the industry.

§  Strong proficiency in working with a team-based approach to subject matter management and knowledge sharing, and comfort with a flexible, agile environment that emphasizes collaboration and team performance over management hierarchy.  The successful candidate will enthusiastically collaborate with PayPal legal colleagues across our global organization and be able to hit the ground running.