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Sr Counsel, Product and Regulatory Legal in London at PayPal

Date Posted: 5/22/2020

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    London
  • Job Type:
  • Experience:
    Not Specified
  • Date Posted:
    5/22/2020
  • Job ID:
    R0054904

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 305 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 (Europe) S.à r.l. et Cie, S.C.A. (“PayPal Europe”) is a credit institution in Luxembourg, supervised by the Commission de Surveilance du Secteur Financier. PayPal is looking for a fast-learning, dynamic lawyer with strong financial services regulatory experience to join our growing team. This position is based in London and will dual report to the Head of EU Regulatory & Product Legal and the Head of Legal, UK. To succeed in this challenging role, candidates should be mature, self-motivated, independent and well-organised with excellent interpersonal, communication and problem solving skills. An ability to work in a matrixed environment with multiple stakeholders is essential. PayPal is a global company and the successful candidate will need to have flexibility to work with and occasionally accommodate colleagues in different time zones (particularly Europe, the United States and Asia).


Senior Counsel, Product and Regulatory Legal (m/f/d)

PayPal (Europe) S.à r.l. et Cie, S.C.A. (“PayPal Europe”) is a credit institution in Luxembourg, supervised by the Commission de Surveilance du Secteur Financier.   PayPal is looking for a fast-learning, dynamic lawyer with strong financial services regulatory experience to join our growing team.   

This position is based in London and will dual report to the Head of EU Regulatory & Product Legal and the Head of Legal, UK. To succeed in this challenging role, candidates should be mature, self-motivated, independent and well-organised with excellent interpersonal, communication and problem solving skills.  

An ability to work in a matrixed environment with multiple stakeholders is essential. PayPal is a global company and the successful candidate will need to have flexibility to work with and occasionally accommodate colleagues in different time zones (particularly Europe, the United States and Asia).

The successful candidate will be responsible for providing regulatory advice to PayPal Europe’s business and product teams with a particular focus on the UK.  This is a business facing role with key exposure to senior stakeholders.  

The primary role responsibilities are:

  • Acting as a trusted advisor to PayPal Europe’s management and business teams on UK regulatory issues impacting the business and its products
  • Advising on, identifying opportunities from, and driving regulatory change, particularly in the context of Brexit, as well as cross-border, complex regulatory matters in response to legislative and policy developments in the UK and the EU
  • Responsibility for updating PayPal’s terms and conditions in the UK market particularly in regards to new products and regulation
  • Providing clear, timely and actionable legal advice to cross-functional stakeholders on products and features being developed for and launched in the UK and the EU
  • Maintaining and creating repeatable, efficient legal advice processes
  • Identifying productivity improvements and helping to drive and direct process changes to ensure continuing efficiency
  • Providing training on relevant topics
  • Helping to effectively manage legal budget and cost controls where required.

Job Requirements:

  • Admitted as a solicitor with several years post-admission experience in a law firm or as in-house counsel
  • Expertise in UK banking, payments or financial services regulations
  • Ability to identify relevant business and legal issues proactively, evaluate the risks and find creative solutions particularly to novel situations
  • A strong communicator who is able to explain complex legal concepts and requirements to a range of audiences
  • Ability to take ownership of matters, knowing when to take decisions and when to escalate
  • Ability to thrive in a fast-paced, changing environment and matrixed organisation
  • Creative problem solver who remains calm under pressure and who can effectively prioritize
  • Highly resourceful and collaborative team player, adept at working with cross-functional teams
  • Organized, with a keen attention for detail and an ability to manage multiple tasks and projects simultaneously.
  • Flexibility to work with colleagues in Europe, the United States and Asia and on occasion accommodate calls and deadlines aligned to their time zones
  • Excellent communication and interpersonal skills: perfect English is a necessity, and other European languages may be useful

What we offer

  • Future career opportunities with international exposure via PayPal’s network of global locations
  • A supportive and diverse environment that allows our employees to thrive and learn
  • Attractive compensation and benefits
  • A socially innovative company that helps communities worldwide through charitable giving or donation of time
  • A green, sustainable working environment
  • An opportunity to be a part of a community that has just been voted one of the Best Workplaces in Europe

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 paypalglobaltalentacquisition@paypal.com.

R0054904