Sr Director, Head of Venmo Legal

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 Summary:

This job provides key inputs as an industry leader and expert. They develop and articulate a clear, compelling vision and strategy in alignment with PayPal-wide strategy and operations that inspires others. These jobs are focused on the long-term success strategy of the function.

Job Description:

Essential Responsibilities:

• Develop and articulate a clear, compelling vision and strategy, inspiring the legal team and aligning with PayPal's long-term goals.
• Provide key inputs as an industry leader and expert, staying ahead of legal trends and influencing industry standards.
• Influence long-term success strategy of the function, driving innovation and continuous improvement in legal practices.
• Ensure compliance with relevant laws and regulations, leading the adoption of cutting-edge legal technologies and best practices.
• Manage legal risks and safeguard PayPal's legal interests, developing forward-looking risk management strategies.

Minimum Qualifications:

• Minimum of 18 years of relevant work experience (practicing in-house or at a reputable firm, with a focus on financial services) and a Juris doctorate or equivalent degree.

Preferred Qualification:

• J.D. or equivalent.
• Experience advising clients on issues relating to (i) financial services regulations (e.g., state money transmitter laws, Reg E, UDAAP, and the Remittance Transfer Rule); (ii) marketing regulations (e.g., the FTC Act, CAN-SPAM, TCPA and applicable industry guidelines); (iii) data privacy laws as they relate to financial institutions; (iv) consumer protection laws; and (v) guidance from federal and state agencies (e.g., CFPB, FTC, CA DFPI, and the NY DFS).
• Familiarity with card network and ACH rules and applicable third-party policies and guidelines (e.g., app evaluation guidelines and app marketplace rules).
• Experience managing teams and designing support models to meet business objectives.
• Experience engaging with state and federal agencies.
• Ability and drive to take ownership of projects and tasks.
• Ability to thrive in a fast-paced environment, adapt to change, and drive forward through ambiguity.
• Confident self-starter with strong interpersonal and organizational skills and a demonstrated ability to effectively provide sound legal advice, exercise good business judgment, and work well with stakeholders.
• Familiarity with, and strong interest in mobile and alternative payments, emerging payments technology, and the payments industry.
• Comfortable with gray areas and interpreting and applying the law in unsettled contexts.
• Creative thinker with strong problem-solving skills.
• Exceptional oral and written communication skills.
• Ability to handle multiple assignments simultaneously, with effective resolution of conflicting priorities.
• Admitted to, and in good standing with, a state bar.

Subsidiary:

PayPal

Travel Percent:

0

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PayPal is committed to fair and equitable compensation practices.

Actual Compensation is based on various factors including but not limited to work location, and relevant skills and experience.

The total compensation for this practice may include an annual performance bonus (or other incentive compensation, as applicable), equity, and medical, dental, vision, and other benefits. For more information, visit .

The US national annual pay range for this role is $232,000 to $398,750

PayPal does not charge candidates any fees for courses, applications, resume reviews, interviews, background checks, or onboarding. Any such request is a red flag and likely part of a scam. To learn more about how to identify and avoid recruitment fraud please visit .

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.

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 .

Who We Are:

Click Here to learn more about our culture and community.

Commitment to Diversity and Inclusion

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 [email protected] .

Belonging at PayPal:

Our employees are central to advancing our mission, and we strive to create an environment where everyone can do their best work with a sense of purpose and belonging. Belonging at PayPal means creating a workplace with a sense of acceptance and security where all employees feel included and valued. We are proud to have a diverse workforce reflective of the merchants, consumers, and communities that we serve, and we continue to take tangible actions to cultivate inclusivity and belonging at PayPal.

Any general requests for consideration of your skills, please Join our Talent Community .

We know the confidence gap and imposter syndrome can get in the way of meeting spectacular candidates. Please don’t hesitate to apply.

Notice to Applicants and Employees who reside within New York City. Click to view the notice.