Sr Counsel, Product and Regulatory Legal

PayPal ,
London, Greater London

Overview

Job Description

Who we are 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 305 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. When applying for a job you are required to create an account, if you have already created account - click Sign In. Creating an account will allow you to follow the progress of your applications. Note: Provide full legal first Name/Family Name * DO: Capitalize first letter of First and Last Name. Example: John Smith * DON'T: Capitalize entire First and/or Last Name. Example: JOHN SMITH * NOTE: Use correct grammar for Names with multiple cases. Example: McDonald or O'Connell Provide full address details Resume is required Multiple attachments can be uploaded including Resume and Cover Letter for each application Job Description Summary: PayPal (Europe) S.a r.l. et Cie, S.C.A. ("PayPal Europe") is a credit institution in Luxembourg, supervised by the Commission de Surveilance du Secteur Financier. PayPal is looking for a fast-learning, dynamic lawyer with strong financial services regulatory experience to join our growing team. This position is based in London and will dual report to the Head of EU Regulatory & Product Legal and the Head of Legal, UK. To succeed in this challenging role, candidates 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. PayPal is a global company and the successful candidate will need to have flexibility to work with and occasionally accommodate colleagues in different time zones (particularly Europe, the United States and Asia). Job Description: Senior Counsel, Product and Regulatory Legal (m/f/d) PayPal (Europe) S.a r.l. et Cie, S.C.A. (" PayPal Europe" ) is a credit institution in Luxembourg, supervised by the Commission de Surveilance du Secteur Financier . PayPal is looking for a fast-learning, dynamic lawyer with strong financial services regulatory experience to join our growing team. This position is based in London and will dual report to the Head of EU Regulatory & Product Legal and the Head of Legal, UK. To succeed in this challenging role, candidates 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. PayPal is a global company and the successful candidate will need to have flexibility to work with and occasionally accommodate colleagues in different time zones (particularly Europe, the United States and Asia). The successful candidate will be responsible for providing regulatory advice to PayPal Europe's business and product teams with a particular focus on the UK. This is a business facing role with key exposure to senior stakeholders. The primary role responsibilities are: * Acting as a trusted advisor to PayPal Europe's management and business teams on UK regulatory issues impacting the business and its products * Advising on, identifying opportunities from, and driving regulatory change, particularly in the context of Brexit, as well as cross-border, complex regulatory matters in response to legislative and policy developments in the UK and the EU * Responsibility for updating PayPal's terms and conditions in the UK market particularly in regards to new products and regulation * Providing clear, timely and actionable legal advice to cross-functional stakeholders on products and features being developed for and launched in the UK and the EU * Maintaining and creating repeatable, efficient legal advice processes * Identifying productivity improvements and helping to drive and direct process changes to ensure continuing efficiency * Providing training on relevant topics * Helping to effectively manage legal budget and cost controls where required. Job Requirements: * Admitted as a solicitor with several years post-admission experience in a law firm or as in-house counsel * Expertise in UK banking, payments or financial services regulations * Ability to identify relevant business an