Description:
The Company:PayPal 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 Summary:
PayPal's Legal team is seeking a Director, Legal Counsel - Corporate to join the Corporate Legal team. This role provides strategic advice to senior management and the Board of Directors on securities, SEC reporting, corporate governance, and executive compensation disclosure matters. The Director will help lead PayPal's public company reporting and compliance program, the annual proxy and stockholder meeting process, and Board and committee support, while serving as a trusted thought partner to Finance, Investor Relations, Treasury, People, and other business partners. The ideal candidate is a seasoned securities and governance lawyer who translates complex legal concepts into practical advice, manages multiple priorities under deadline pressure, and thrives in a collaborative, fast-moving environment.
Job Description:
Essential Responsibilities:
- Provide strategic legal advice and support to senior management, influencing business strategy an 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.
Minimum Qualifications:
10+ years relevant experience and a Juris doctorate degree OR Any equivalent combination of education and experience.
Additional Responsibilities & Preferred Qualifications:
- Advise on SEC/NASDAQ reporting and compliance matters, including periodic reports, Section 16 filings, annual reports, earnings releases and calls, and investor presentations, Regulation S-K, Regulation FD, non-GAAP measures, anti-fraud requirements, and risk factor and litigation disclosures.
- Oversee the annual proxy statement and stockholders meeting, including executive compensation disclosure (CD&A, pay versus performance), stockholder proposals and no-action requests, and engagement with investors and proxy advisors on say-on-pay and governance matters.
- Advise on securities law aspects of executive and equity compensation, including share reserves and stockholder approval requirements, Form S-8 filings, Section 16 reporting for equity awards, and clawback policy compliance, and support the insider trading policy and program, including trading windows, 10b5-1 plans, and trading clearance.
- Support Board of Directors and Board committee matters, including development of materials and minutes, and advising on Delaware law, charter and bylaws, governance guidelines, committee charters, independence, and related party transactions.
- Provide legal support for global subsidiary governance and for Treasury activities, including share repurchase programs, registered debt offerings, and corporate finance matters.
- Collaborate with and manage in-house attorneys, PayPal personnel, and outside counsel, and work closely with senior executives and partners across Accounting, Investor Relations, Treasury, Tax, Risk, Compliance, People/Total Rewards, ESG, and the business.
Additional Requirements:
- JD degree with excellent academic credentials.
- 10+ years of relevant securities ('33 and '34 Act) and corporate governance experience, including both law firm and in-house public company experience.
- Experience with financial services and/or technology companies strongly preferrence
- Excellent interpersonal, written and oral communications skills.
- Excellent project management skills, well organized, with the ability to thrive in a fast-paced work environment and manage numerous projects simultaneously under deadline pressure.
- A high-level of intellectual, professional and interpersonal agility and flexibility, combined with strong analytical and problem-solving skills.
- Team oriented and able to work collaboratively and effectively with business clients and other legal department members,
- Unquestioned ethics and integrity, sound judgment and high tolerance for ambiguity.