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Sr Legal Counsel in Singapore at PayPal

Date Posted: 10/20/2020

Job Snapshot

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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 325 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.

This role is based in Singapore providing commercial legal support to the non-European based markets, markets in Russia and Middle East, Africa (“RUMEA”) This role reports into the Associate General Counsel for Cross Border and Growth Markets.

This position is responsible for:

  • Providing commercial legal advice relating to online and point of sale payments,  interbank funds settlement, foreign exchange, money remittance, credit card settlements, credit card acquiring, payments processing,  E Money,  and Electronic Financial Transactions;   
  • Advising on commercial contracts  with online merchants, bank partners, channel partners, card networks, international and local acquirers , card issuers and other online payment services providers
  • Drafting and updating online commercial agreements including advising PayPal on its   rights and obligations under the different agreements  
  • Advising and reviewing bespoke commercial agreements  
  • Advising and reviewing sales and marketing materials  
  • Advising on new online product offerings including the sale. Marketing and distribution of such product offerings     
  • Providing legal advice on consumer protection, e commerce transactions, cross border commercial transactions    
  • Advising on market entry into local markets which would include setting up of local marketing and customer service offices          
  • Advising on customer complaints, disputes, charge backs, claims, refunds and dispute resolution including litigation.
  • Working closely with cross functional teams such as Compliance , Government relations and Global Entity management  
  • Advising on corporate governance and company secretary matters
  • Working on regional legal and regulatory projects
  • Monitoring legal and regulatory developments in RUMEA region and advising the business on the impact of such regulatory developments  

Job Requirements

  • Candidates should have a minimum of 7 years post qualification experience and be from an established In House Legal team or established Private Practice Law firm with international legal and regulatory experience.
  • Preference for candidates with solid experience and expertise in regional laws and regulations relating to payments both offline and online, fund settlement, credit card acquiring,  credit card services and settlements, E Money, money remittances, fund settlements, Foreign Exchange and e-commerce, AML and CFT regulations.
  • We would consider candidates with solid and broad legal and regulatory experience and expertise in financial services including consumer and retail banking, securities brokerage, Wealth Management, consumer credit and finance.      
  • 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

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