Sr Legal Counsel, Product

Paypal Chicago , IL 60602

Posted 2 months ago

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 an account - click Sign In.

Creating an account will allow you to follow the progress of your applications. Our system does have some requirements that will help us process your application, below are some guidelines for creation of your account:

  • Provide full legal First Name/Family Name - this is important for us to ensure our future hires have the right system set up.

  • Please Capitalize first letter of your First and Last Name.

  • Please avoid using fully capitalized text for your First and/or Last Name.

  • NOTE: If your name is hyphenated or has multiple capitalization, please use the same format as your government ID.

Job Description Summary:

PayPal (NASDAQ: PYPL) is one of the leading global payments companies in the world. Fueled by a fundamental belief that having access to financial services creates opportunity, PayPal is committed to democratizing financial services and empowering people and businesses to join and thrive in the global economy. Initially conceived and designed for web payments, PayPal's mobile and point of sale solutions have altered the payments landscape by blurring the lines between ecommerce and traditional brick and mortar commerce. PayPal's innovative technology and approach to payments, coupled with an increasingly complex and demanding legal and regulatory environment, provide robust career opportunities for lawyers motivated and driven by creative business partners and a fast paced, innovative culture.

The Global Product & Engineering Group within PayPal Legal is seeking a high caliber and energetic lawyer, with experience in financial services regulation and technology to join our team. This lawyer will primarily support PayPal's merchant product offerings and provide legal and regulatory guidance as the product team develops, implements and updates PayPal merchant products and services.


  • Partnering with the business as a trusted advisor and providing proactive and solution-oriented legal and regulatory guidance to enable the product and engineering teams to develop, enhance, implement, and market PayPal products and services

  • Working cross-functionally to identify, analyze and mitigate risks (and maximize opportunities) related to the introduction of new PayPal products and services and/or expansion into new geographies

  • Interpreting obligations under commercial agreements with merchants and partners as they relate to PayPal merchant product and services

  • Reviewing, updating and drafting PayPal user agreements, privacy statements and other external facing terms and conditions, in partnership with other members of the PayPal Legal team

  • Reviewing and advising on the development of external facing marketing and user content and user experiences

  • Working with Enterprise Risk, Compliance and Legal team colleagues across our global organization in the assessment of applicable regulations and development of company standards

  • Representing PayPal's interests and actively managing external counsel, as appropriate

  • Building and maintaining relationships with key stakeholders across the global organization

  • Providing training to business partners on relevant topics


  • 5-7 or more years of experience practicing either in-house (or in an equivalent setting) or at a reputable law firm, with at least 4 years of those years focused on either payments law, the FinTech space, or financial services regulatory analysis in an international environment

  • Ability to provide timely, concise and business-focused legal advice on payments law, including federal and state consumer financial laws and regulations like Regulation E; data privacy laws; and consumer protection laws

  • Ability to provide legal and regulatory guidance on the design and modification of products, proactively identify associated risks and recommend mitigation strategies, review product user experiences to ensure legal compliance and proper disclosures, and help document guidance for consumption by members of both the Legal and Product and Engineering teams

  • Familiarity with, and strong interest in, PayPal, Venmo, mobile and alternative payments, emerging payments technology and the payments industry

  • Ability to thrive in a fast-paced international environment and to tolerate change and ambiguity

  • Ability and drive to take ownership of projects and tasks which, in many cases, will be matters of first impression

  • Comfortable with gray areas and interpreting and applying the law in unsettled contexts

  • Confident self-starter with strong interpersonal and organizational skills and a demonstrated ability to effectively and proactively provide sound legal advice, exercise good business judgment, work well with other lawyers globally, senior management and cross functional stakeholders, and implement policies and processes

  • Facilitate a team-based approach to subject matter management and knowledge sharing, and comfort with a flexible, agile environment that emphasizes collaboration and team performance over management hierarchy

  • Creative thinker with strong problem-solving skills and the ability to stay calm under challenging circumstances

  • Outstanding written and oral communication skills and ability to work both in teams and independently

  • Ability to handle multiple assignments simultaneously, with effective resolution of conflicting priorities

  • Prior product legal experience in the technology or financial services space and/or working with strategic partners to launch joint product experiences recommended, but not required


  • Juris Doctorate or equivalent degree

  • Admitted to, and in good standing with, a state bar

Job Description:

This attorney will primarily support PayPal's product offerings and provide legal and regulatory guidance as the product team develops, implements and updates PayPal products and services.



Travel Percent:


Primary Location:

San Jose, California, United States of America

Additional Locations:

Austin, Chicago, New York, San Francisco - Braintree/Venmo, San Francisco-Xoom

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

icon no score

See how you match
to the job

Find your dream job anywhere
with the LiveCareer app.
Mobile App Icon
Download the
LiveCareer app and find
your dream job anywhere
App Store Icon Google Play Icon

Boost your job search productivity with our
free Chrome Extension!

lc_apply_tool GET EXTENSION

Similar Jobs

Want to see jobs matched to your resume? Upload One Now! Remove
Senior Legal Counsel Broker Dealer

Northern Trust

Posted Yesterday

VIEW JOBS 7/1/2020 12:00:00 AM 2020-09-29T00:00 We are seeking a highly-motivated, self-starting individual to be part of a 15 member team that supports Northern Trust's registered broker-dealer/investment advisor subsidiary, Northern Trust Securities, Inc. Broad based broker-dealer experience is required. Knowledge of Regulation D private placements is highly desired. Experience with options, futures, swaps and other derivative instruments would be a plus. Major Duties: 1. Provide day to day advice and counsel to management, product, sales, marketing, portfolio management, risk, and compliance staff; 2. Draft, negotiate and review various types of legal agreements and regulatory documents; 3. Keep abreast of new laws, regulations, and industry trends in assigned areas of responsibility; and 4. Act as legal advisor to in-house committees and participate in industry groups. 5. Serve as Corporate Secretary. * Candidates should have 5+ years of experience working in a major law firm or in-house practice in relevant areas. * Ability to work cooperatively with all levels of management; * Ability to exercise high quality legal analysis and practical judgment, to spot issues and develop appropriate solutions; * Ability to interact with and advise on a wide range of asset management issues; * Very good communication skills and ability to demonstrate good teamwork both within the Legal Department and with business partners; * Ability to manage outside counsel relationships; and * Interest in getting involved in other emerging legal matters * Must be licensed to practice in the State of Illinois About Northern Trust: Northern Trust provides innovative financial services and guidance to corporations, institutions and affluent families and individuals globally. With 130 years of financial experience and nearly 20,000 partners, we serve the world's most sophisticated clients using leading technology and exceptional service. Working with Us: As a Northern Trust partner, you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company that is committed to strengthening the communities we serve! We recognize the value of inclusion and diversity in culture, in thought, and in experience, which is why Forbes ranked us the top employer for Diversity in 2018. We'd love to learn more about how your interests and experience could be a fit with one of the world's most admired and ethical companies. Build your career with us and apply today. Northern Trust Chicago IL

Sr Legal Counsel, Product