Description
PayPal and Venmo are expanding their consumer credit offerings and seek a Legal Counsel to advise on credit products, focusing on consumer revolving credit products (credit cards) and supporting Buy Now Pay Later (BNPL) and other fintech credit offerings.
The successful candidate will guide new products from ideation through launch, support the full customer lifecycle, and partner with Product, Credit Risk, Compliance, Marketing, and bank and merchant partners to launch and enhance products.
Key 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 to proactively identify potential legal risks and provide strategic legal guidance
- Identify, analyze, and advise on potential legal risks, presenting mitigation options and recommendations
- 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
- 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
The ideal candidate will have 5+ years of relevant experience, a Juris Doctorate degree, and experience as in-house counsel at a fintech, bank, card issuer, or lender, or at a law firm with a consumer financial services regulatory practice.