Director, Legal Counsel - EU & UK Reg

At PayPal (NASDAQ: PYPL), we believe that every person has the right to participate fully in the global economy. Our mission is to democratize financial services to ensure that everyone, regardless of background or economic standing, has access to affordable, convenient, and secure products and services to take control of their financial lives.

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; and the UK from PayPal UK Limited, an electronic money institution regulated by the Financial Conduct Authority. We are looking for an experienced and dynamic lawyer to join our growing team with responsibility for regulatory legal matters in the EU and UK. The Regulatory Legal team provides regulatory guidance to PayPal Europeand 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 and UK regulatory regimes and extensive experience dealing with regulatory authorities and industry associations. You will be based in Luxembourg or in our EU offices 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 Responsibilities:

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

Job Requirements:

• 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

Our Benefits:

At PayPal, we’re committed to building an equitable and inclusive global economy. And we can’t do this without our most important asset—you. That’s why we offer benefits to help you thrive in every stage of life. We champion your financial, physical, and mental health by offering valuable benefits and resources to help you care for the whole you.

We have great benefits including a flexible work environment, employee shares options, health and life insurance and more. To learn more about our benefits please visit https://www.paypalbenefits.com

Who We Are:

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

PayPal has remained at the forefront of the digital payment revolution for more than 20 years. By leveraging technology to make financial services and commerce more convenient, affordable, and secure, the PayPal platform is empowering more than 400 million consumers and merchants in more than 200 markets to join and thrive in the global economy. For more information, visit paypal.com.

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.

As part of PayPal’s commitment to employees’ health and safety, we have established in-office Covid-19 protocols and requirements, based on expert guidance. Depending on location, this might include a Covid-19 vaccination requirement for any employee whose role requires them to work onsite. Employees may request reasonable accommodation based on a medical condition or religious belief that prevents them from being vaccinated.