Director, Assistant General Counsel, Payments to Director I, Assistant General Counsel, Payments

Company Description

Etsy is the global marketplace for unique and creative goods. We build, power, and evolve the tools and technologies that connect millions of entrepreneurs with millions of buyers around the world. As an Etsy Inc. employee whether a team member of Etsy, Reverb, Depop, or Elo7 you will tackle unique, meaningful, and large-scale problems alongside passionate coworkers, all the while making a rewarding impact and Keeping Commerce Human

Job Description

What’s the role?

We are looking for an individual with global payments expertise to join our growing legal team supporting our rapidly growing and evolving payments business across our House of Brands (Etsy, Depop, Reverb & Elo7). You'll be advising on all aspects of payments strategy, operations and expansion, including product development, commercial transactions and ongoing relationships, and regulatory requirements. You'll be hitting the ground running, answering interesting questions and tackling novel and uncharted Fintech problems.

This is a full-time position reporting to the VP, Chief Compliance Officer and Deputy General Counsel and the base salary range will be 219,000.00 - 257,000.00 USD per year. In addition to salary, you will also be eligible for an equity package, an annual performance bonus, and our competitive benefits that support you and your family as part of your total rewards package at Etsy. This role requires your presence in Etsy’s Brooklyn office in an in-person or flex capacity. Learn more about our Flex and Office-based work modes and workplace safety policies here.

What’s this team like at Etsy?

• Etsy Legal is a dynamic team of lawyers working on some of the hardest technical, commercial, and regulatory problems around. We work with people throughout the company to help Etsy and our brands grow in a manner that complies with payments, financial services, and other regulations Etsy across the world.

What does the day-to-day look like?

• Work with business teams across our Brands to explore and evaluate new business opportunities in the payments space across multiple jurisdictions, to help the teams understand regulatory compliance obligations and to facilitate launch of any new payments-related products/services.
• Provide day-to-day advice, resolving issues that arise in existing commercial relationships. Draft and negotiate complicated payments and other related commercial agreements. Provide ongoing legal counseling on a wide range of legal and commercial areas.
• Counsel Etsy’s business, product, marketing, operations, compliance and engineering teams on the application of payment laws and regulations, helping us to build products, adopt policies and expand internationally in a way that meets our obligations, as well as the needs of our community.
• Provide thought-leadership on the evolution of Etsy’s payments strategy.
• Advise the business on legal issues surrounding structuring of new and existing payments-related products from initial stages of product development through to launch and beyond.
• Draft customer-facing policies for our payments products and advise on appropriate customer communications and disclosures.
• Be an integral part of the payments product, engineering, and commercial teams; working with them to help design and deliver solutions that are compliant with applicable legislation, such as PSD II.
• Manage local outside counsel to secure and provide tailored advice on the launch of payments products and features across various markets.
• Monitor payments related legal and regulatory developments applicable to the businesses and advise on change management processes related to those developments.
• Coordinate closely with subject matter experts within the global Legal team to ensure comprehensive and consistent legal risk mitigation strategies. Collaborate closely with the Compliance function with identifying and complying with all relevant regulatory compliance obligations that apply to the payment operations of the Etsy group marketplaces, both within the US and internationally.
• Ensure effective risk management practices in accordance with relevant laws, regulations, and company policies.
• Of course, this is just a sample of the kinds of work this role will require! You should assume that your role will encompass other tasks, too, and that your job duties and responsibilities may change from time to time at Etsy's discretion, or otherwise applicable with local l