Legal Counsel - Commercial & 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: Legal Counsel - Commercial and Regulatory
Job Description:

WHO WE ARE:

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

WHAT YOU NEED TO KNOW ABOUT THE ROLE

PayPal Australia is the provider of purchase payment facilities in Australia, primarily supervised by APRA and ASIC. PayPal is looking for a fast-learning, dynamic commercial and regulatory lawyer to join our legal team.
Based in Sydney, this position will be primarily responsible for supporting PayPal Australia’s merchant services and business development business units. The position will involve drafting and negotiating agreements ranging from professional services, development, support and supplier agreements to various customer payment services agreements, providing quick, concise and commercially focused legal advice in connection with such arrangements.
Ideally this lawyer will be well-versed in technology, licensing and financial services areas. Because the job will involve drafting, editing and writing, exceptional writing skills are an absolute necessity.
The position will also involve providing support with respect to PayPal regulatory matters and experience with advising on regulatory matters will be valuable.

This is a business facing role with regular exposure to senior stakeholders. The primary role responsibilities are:

• Analysis, drafting and negotiation of commercial agreements (merchant agreements, marketing agreements, partnership agreements etc.)
• Working with the PayPal US, UK, EU and Asia Legal teams on commercial deals with key PayPal suppliers and partners
• Partnering with PayPal legal team members across our global organisation and supporting senior colleagues on a variety strategic projects, regulatory issues and legal department operational matters
• Creating and advising on templates, policies and procedures to address new requirements
• Providing training on relevant topics
• Identifying productivity improvements and helping to drive and direct process changes to ensure continuing efficiency