Legal Counsel, Credit

The Company

Pay Pal has been revolutionizing commerce globally for more than 25 years. Creating innovative experiences that make moving money, selling, and shopping simple, personalized, and secure, Pay Pal 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. Pay Pal 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 Pay Pal or Venmo account balance, Pay Pal 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 Pay Pal, 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.

Join Pay Pal's Legal team as counsel supporting Pay Pal-branded US consumer credit products. You will advise teams supporting merchants and partners on the end-to-end distribution and operation of credit products, including sales enablement and marketing. You will also provide legal and regulatory guidance on onboarding, servicing, issue and dispute resolution, and collections for open-end and closed-end consumer credit. This role offers the opportunity to navigate evolving financial services regulation, address matters of first impression, and help business partners deliver innovative credit experiences in a complex regulatory environment.

Essential Responsibilities:

• Provide specialized legal advice and support to enable business strategy while identifying and managing legal risk.
• Ensure awareness of and advise on compliance with relevant laws and regulations.
• Build strong partnerships with business counterparts across the enterprise to proactively identify potential legal risks and provide strategic legal guidance.
• Identify, analyze, and advise on potential legal risks, presenting mitigation options and recommendations to protect the company and enable business objectives.
• Escalate complex legal issues and significant risks to senior legal leadership where appropriate.
• Research and analyze new laws, regulations, and regulatory guidance affecting the company’s global operations, assessing potential business impact and recommended actions.
• Manage assigned legal matters through resolution, coordinating with internal stakeholders and external counsel as needed.
• Maintain current knowledge of legal developments relevant to assigned business areas and communicate implications.

Minimum Qualifications:

• 5+ years relevant experience and a Juris doctorate degree OR Any equivalent combination of education and experience.

Additional Responsibilities &

Preferred Qualifications:

• Experience advising on legal and regulatory matters involving consumer credit and lending, financial services, consumer protection, sales, contracts, and marketing.
• Strong knowledge of laws and regulations applicable to consumer credit and payments, including UDAAP, EFTA/Reg. E, TILA/Reg. Z, GLBA/Reg. P, FCRA/Reg. V, FDCPA, ECOA/Reg. B, CAN-SPAM, and TCPA.
• Experience…