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Job Description
The CompanyPayPal 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 Description Summary:
What you need to know about the role-We are seeking a smart and dynamic lawyer to join our legal team, supporting PayPal’s regulated entity in the UK. This role is suited to someone open to learning a variety of skills and is comfortable working on a range of regulatory matters, interacting with regulators, and building out operational excellence in line with FCA requirements. A successful candidate will also support a variety of corporate governance as PayPal scales up its regulated UK business. The role provides an excellent opportunity to work with PayPal UK’s Board and key stakeholder committees.
This position is based in London and will report to the Head of Legal for PayPal UK. Applicants should expect to advise on all aspects of regulatory matters for PayPal UK. They will also advise on regulatory change, including changes to PayPal's products and services, legal aspects of regulatory interactions both non-contentious and contentious, the design and modification of PayPal's products and services and PayPal’s online terms and conditions.
An ability to work in a matrixed environment with multiple international stakeholders is essential.
Meet our team-
It is an exciting opportunity to join a growing team! You will be part of PayPal’s global Legal function, working within a team of 8 legal staff who support PayPal’s UK entity. This team provides analysis of UK laws and regulations to other parts of the PayPal business, including other lawyers and key stakeholders across the business. The team also supports the entity’s engagement with regulators and its corporate functionality.
Job Description:
Your way to impact
You’ll work regularly with senior entity and business leadership and partner with the business, Compliance, Government, and Regulatory Relations on matters. You will help guide the entity on legislative and regulatory change, support regulatory interaction, and play a key role in influencing the development of PayPal’s business in the UK. Your work may be as varied as reviewing PayPal’s latest marketing strategies, responding to relevant consultations, supporting product development, developing control frameworks, or working with our frontline customer service teams.
Your day to day –
In your day-to-day role, you will legally advise on:
regulatory change, including changes to PayPal’s products and services to support compliance;
legal aspects of regulatory interactions, including inspections;
corporate governance and key aspects of operating an FCA supervised Electronic Money Institution with Part 4A permissions relating to Consumer Credit and MLR registration for the provision of crypto services;
the design and modification of PayPal’s products and services; and
PayPal’s online terms and conditions.
What do you need to bring-
Admitted as a solicitor in the UK or other common law jurisdiction, with meaningful experience in a law firm or as in-house counsel;
Ability to thrive in a fast-paced, changing environment and matrixed organization;
Prior experience in a regulated business, preferably in the context of a regulated, international e-money, payments, financial services, or fintech firm;
An understanding of the UK’s regulatory framework and environment for Financial Services, including familiarity with relevant aspects of the FCA Handbook (including the SMCR regime); and
A strong interest in working in fintech and innovation.
**We know the confidence gap and imposter syndrome can get in the way of meeting spectacular candidates. Please don't hesitate to apply.
Additional Job Description:
Subsidiary:
PayPalTravel Percent:
0For 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 https://www.paypalbenefits.com.
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 paypalglobaltalentacquisition@paypal.com.
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.
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