Director, Legal Counsel - EU Regulatory

at  Paypal

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: The PayPal group provides regulated payment and related services inthe European Union from its European headquarters, PayPal (Europe) S.à r.l. et Cie, S.C.A. (PayPal Europe), a credit institution in Luxembourg, supervised by the Commission de Surveilance du Secteur Financier. We are looking for an experienced and dynamic lawyer to join our growing team with responsibility for regulatory legal matters in the EU. The Regulatory Legal team provides regulatory guidance to PayPal Europe and interpretation and advises on enforcement of European laws and regulations relating to payments, digital services, consumer protection, anti-money laundering, among others. A successful candidate should have a deep knowledge of the EU regulatory regimes and extensive experience dealing with regulatory authorities and industry associations. You will be based in Luxembourg and will report into the Head of EU, UK and ICE Regulatory, Product and Corporate Governance Legal. To succeed in this role, you 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.
Job Description:
Job Description
Your day to day:

Lead legal advisor on:

• regulatory change, including changes to PayPal’s products and services to take advantage of and comply with regulatory change
• legal aspects of regulatory interactions, including inspections / exams
• regulatory aspects of PayPal’s online terms and conditions

Ideally, you will be:

• Admitted as a lawyer, with at least ten years’ post-admission experience in a law firm or as in-house counsel
• Ability to thrive in a fast-paced, changing environment and matrixed organisation
• Expertise in banking, payments, financial services or fintech, consumer protection and anti-money laundering regulations in the region
• Skilled at dealing with senior management and regulators
• Experience with UK supervisory authorities
• Experience with European supervisory authorities
• Capacity to take ownership of matters, knowing when to take decisions and when to escalate
• Creative problem solver who remains calm under pressure and who can effectively prioritise
• Highly resourceful and collaborative team player with the ability to manage team members directly or indirectly
• Lead and manage a team of legal professionals, fostering a collaborative and high-performance work environment
• Proven leadership experience, with the ability to lead and develop a high-performing legal team. Strong decision-making skills and the ability to influence key stakeholders.
• A strategic thinker with the ability to provide proactive legal advice aligned with business objectives and risk mitigation.
• Organised, with a keen attention for detail and an ability to manage multiple tasks and projects simultaneously.
• Able to design and implement efficient processes.
• Flexibility to work with colleagues in the United States and Asia and on occasion accommodate calls and deadlines aligned to their time zones
• A talent for drafting legal documents in clear and plain English
• Excellent communication and interpersonal skills: perfect English is a necessity, and other European languages may be useful

For the majority of employees, PayPal’s balanced hybrid work model offers 3 days in the office for effective in-person collaboration and 2 days at your choice of either the PayPal office or your home workspace, ensuring that you equally have the benefits and conveniences of both locations.

WHO WE ARE:

To learn more about our culture and community visit https://about.pypl.com/who-we-are/default.aspx

Please refer the Job description for details