Australia Job Openings

PayPal

Sr, Legal Counsel - Product and Regulatory

Sydney

FULL TIME

November 19, 2024

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.

Job Description Summary: What you need to know about the role Pay Pal Australia is the provider of purchase payment facilities in Australia, primarily supervised by APRA and ASIC. Pay Pal is looking for a fast-learning, dynamic senior product and regulatory lawyer to join our legal team. Based in Sydney, this position will be primarily responsible for providing critical and proactive legal and strategic advice on a wide range of complex legal and regulatory issues relating to Pay Pal’s products. The position will involve liaising with risk and compliance, marketing, credit risk, product development and other key stakeholders to advise on key regulatory matters and projects relating to Pay Pal’s products and ensure that legal and regulatory expectations are met. The position will also be the lead legal adviser in Australia for privacy matters.
Job Description:
Your way to impact
The ideal candidate will be a confident self-starter with strong interpersonal and organisational skills and a demonstrated ability to effectively and proactively provide sound legal advice, exercise good business judgment, work with senior management and execute in a fast paced environment.
To succeed in this challenging role, candidates should be mature, self-motivated and well-organised with excellent communication and problem solving skills. Candidates should also be flexible with a global outlook and collaborative working style.


Your day-to-day will include:

Having responsibility for providing legal advice regarding Pay Pal Australia’s financial products and credit products as well as providing legal advice on adjacent regulatory matters.
This is a business facing role with regular exposure to senior stakeholders. The primary role responsibilities are:
  • Providing legal advice in relation to obligations concerning both financial products and credit products and working closely with relevant product teams across the product delivery lifecycle to ensure compliance with laws including; consumer protection, privacy, marketing and general corporate requirements.
  • Act as the lead within the Australian legal function for privacy advice to all facets of the Pay Pal Australia business
  • Partnering with Pay Pal legal team members across our global organisation and supporting senior colleagues on a variety strategic projects, regulatory issues and legal department operational matters concerning Pay Pal products
  • Creating and advising on templates, policies and procedures to address new requirements
  • Providing training on relevant topics
  • Identifying productivity improvements and helping to drive and direct process changes to ensure continuing efficiency.


What do you need to bring

  • Admitted as a solicitor with at least 10 year’s post-admission experience gained in a law firm or as in-house counsel
  • Experience in banking, payments, financial services or fintech
  • Experience advising on both financial products and credit products and a demonstrated understanding of legal obligations in relation to both
  • Strong regulatory background and demonstrated experience with key regulators including ASIC, APRA, ACCC, AUSTRAC and OAIC;
  • Deep expertise and knowledge of privacy laws and obligations in Australia including upcoming privacy reforms
  • Ability to collaborate with senior management and cross functional stakeholders
  • Confident self-starter with a keen attention for detail and an ability to manage multiple tasks and projects simultaneously.
  • Creative thinker with strong problem-solving skills and the ability to stay calm under challenging circumstances
  • Ability to handle multiple assignments simultaneously, with effective resolution of conflicting priorities
  • Ability to thrive in a fast-paced, changing environment and matrixed organisation
  • Flexibility to work with colleagues in Europe, the United States and Asia and accommodate calls and deadlines aligned to their time zones


For the majority of employees, Pay Pal'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 Pay Pal office or your home workspace, ensuring that you equally have the benefits and conveniences of both locations.

Our Benefits:

At Pay Pal, 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


Commitment to Diversity and Inclusion
Pay Pal 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, Pay Pal 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.
Belonging at Pay Pal:
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 Pay Pal 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 Pay Pal.

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.

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