# Director, Legal Counsel

**Company**: PayPal
**Location**: Washington DC, DC
**Work arrangement**: hybrid
**Experience**: senior
**Job type**: full-time
**Salary**: $208,000.00 - $309,100.00 Annually
**Category**: Legal
**Industry**: Finance

**Apply**: https://paypal.wd1.myworkdayjobs.com/en-US/jobs/job/Washington-DC-District-of-Columbia-United-States-of-America/Director--Legal-Counsel--Consumer-Credit_R0139077-1?utm_source=yubhub.co&utm_medium=jobs_feed&utm_campaign=apply
**Canonical**: https://yubhub.co/job/director-legal-counsel-783ed484-e34/

## Description

Consumer financial services are central to the future of PayPal and Venmo. We have exciting new products in development and need an experienced consumer credit lawyer to play a key role in legal support for our evolving Buy Now Pay Later (BNPL) business, fast-growing consumer revolving credit business, and innovative new credit products.

As Director, Legal Counsel on the U.S. Credit Legal team, you will be a strategic advisor to product and strategy teams, guiding products from ideation through launch and scale, and help shape our response to a fast-moving legal and regulatory landscape.

**Essential Responsibilities:**

- Provide strategic legal advice and support to senior management, influencing business strategy and decision making.

- Anticipate regulatory and legal risks, and proactively design strategies to manage them.

- Perform legal and regulatory compliance risk assessments, propose creative solutions where applicable, and help advance business objectives.

- Manage escalations, collaborate across other teams and develop solutions to enable business partners to achieve their goals.

- Develop a strong rapport and working relationship with business counterparts across the enterprise to help drive the delivery of effective legal services.

- 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.

- Provide key inputs as an industry leader and expert, staying ahead of legal trends and influencing industry standards.

**Additional Responsibilities & Preferred Qualifications:**

- Serve as product and regulatory counsel for PayPal and Venmo consumer credit products, including BNPL (closed-end), consumer credit cards (open-end), and other innovative credit products in development.

- Provide legal support for credit underwriting and fraud strategy, including credit decisioning models and policies, adverse action and other disclosures, use of data and alternative data, and fraud controls.

- Provide fair lending support, including advising on ECOA/Reg. B and UDAAP considerations in product design, underwriting, marketing, and servicing.

- Provide legal support for incorporating BNPL and credit products into PayPal- and Venmo-branded checkout.

- Advise on product design, disclosures, marketing and rewards, servicing, billing and disputes, and collections.

**Requirements:**

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

**Preferred Qualifications:**

- 10+ years of 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.

- Deep, demonstrated expertise in consumer credit cards, BNPL or other closed-end installment credit.

- Substantial experience advising on credit underwriting and fraud strategy, and on fair lending.

- Experience advising on the integration of credit products into digital checkout and payments experiences.

- Familiarity with state consumer lending and licensing regimes and the evolving state BNPL legislative and regulatory landscape.

**Benefits:**

At PayPal, we're committed to building an equitable and inclusive global economy. We offer comprehensive, choice-based programs to support all aspects of personal wellbeing,physical, emotional, and financial,delivering meaningful value where it matters most.

For more fresh new jobs, check out [yubhub.co](https://yubhub.co/).

## Skills

### Required
- consumer credit law
- regulatory compliance
- risk management

### Nice to have
- fintech
- bank partnership
- program-manager models
- card network rules

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Source: [Apply at paypal.wd1.myworkdayjobs.com](https://paypal.wd1.myworkdayjobs.com/en-US/jobs/job/Washington-DC-District-of-Columbia-United-States-of-America/Director--Legal-Counsel--Consumer-Credit_R0139077-1?utm_source=yubhub.co&utm_medium=jobs_feed&utm_campaign=apply)