Sr. Legal Counsel (SG, Msia, VN) in Singapore at PayPal

Date Posted: 11/7/2018

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    Singapore
  • Job Type:
  • Experience:
    Not Specified
  • Date Posted:
    11/7/2018
  • Job ID:
    R0039501

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 254 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 is looking for an experienced lawyer to join PayPal’s Legal team in Singapore. This position is based in Singapore and will report to the Associate General Counsel for APAC (based in Singapore). This position will provide legal and regulatory support for the markets in Singapore, Malaysia and Vietnam.

To succeed in this challenging role, candidates should be self-motivated, have excellent interpersonal skills, good business acumen, strategic and creative in their thought process. Role and responsibilities include:

  • Providing legal and regulatory advice associated with online payments, interbank transfers and settlements, credit & debit card fund settlements, foreign exchange, money remittance, E money, holding and reuse of balances,  credit card settlements, card acquiring & 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, information security,
  • Providing legal advice on employment law , litigation , customer complaints, competition; contract law, company law and company secretary support and  commercial transactions     
  • Dealing with  financial services regulators in Singapore, Malaysia and Vietnam
  • Advising on legal and regulatory risk associated with sales, marketing, public relations, and product development;
  • Drafting and reviewing  commercial contracts with online merchants ;
  • Maintaining online legal agreements, and in particular the User Agreement;
  • Monitoring ongoing legislation and regulatory changes;
  • Advising on Mergers and Acquisitions and Joint ventures;
  • Advising on market entry into local markets which include setting up  local sales and marketing legal entities and managing license applications. 
  • Becoming the liaison and organizational touch point with the relevant Financial Intelligence Units or law enforcement agencies for suspicious transaction reporting; and
  • Working closely with the Singapore, Malaysia and Vietnam Compliance and Government Relations Teams. 


WORK EXPERIENCE & QUALIFICATIONS:

This position also requires business acumen, strategic and creative thinking, strong project leadership, strong communication skills and multi-tasking capabilities. To be successful in this role, the candidate must be independent, well-organized with excellent interpersonal and problem solving skills. He / she would must be fluent in English (native level fluency).

  • 12  years PQE either in private practice or inhouse
  • Knowledge and understanding of law and regulations applicable to Payments, Credit & Debit Card services, Remittances, Fund Settlements, Foreign Exchange, export and import of goods and services and e-Commerce including, but not limited to payments and settlement AML and CFT regulations, Company Law, and Foreign Exchange Regulations.
  • Knowledge and understanding of general Banking, Securities and Financial Services related regulations.
  • General Legal background and experience with common issues related to Employment, Commercial, Corporate, currency controls, foreign exchange, litigation and intellectual property.    
  • Good understanding of online related technology and online businesses
  • Excellent verbal and written communication skills
  • Experience in creating training procedures or training programs
  • Mastery of Microsoft Office-Excel, Visio, PowerPoint and Word.


SKILLS & CORE COMPETENCIES:

  • Ability to work independently
  • Proven analytical, organizational, project management and planning skills
  • Ability to handle multiple tasks or projects simultaneously in a fast paced and dynamic financial services environment
  • Demonstrated   ability   to   work   with   cross-functional   teams   as   well   as   with   senior management.
  • Strong  interpersonal  skills  with  a     focus  on  teamwork  and  ability  to  foster  /  manage relationships across multiple departments
  • Extremely proactive with a strong bias for action
  • Skills in focusing on desired results, clarifying next steps, and ability to prioritize effectively to meet deadlines, address risk and achieve desired results.


EDUCATION:

  • Successful  completion  of  a  Law  Degree  with  professional  admission  to  practice  law  in an established jurisdiction is required

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.

R0039501