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 is seeking an experienced attorney to expertly guide PayPal in LATAM on its mission to be one of the most trusted brands. Leveraging vision and a pragmatic approach, the Legal Director will set the overall direction for the legal team in LATAM, as well as provide strategic advice and thought leadership to the CEO in for LATAM and other key business leaders in Sales, Product, Risk, Global Customer Operations and Compliance. The Legal Director will work also closely with legal colleagues who support PayPal in more than 200 markets around the world as part of a diverse legal team; specifically, on employment, privacy, litigation and regulatory matters. This is an exciting opportunity to leverage your leadership skills, as well as your regulatory and commercial expertise and passion in a collaborative, fast-paced and engaging setting that continuously strives for excellence. This position is based in Mexico City and will report to the Vice President, Legal International.Job Description:
Essential Responsibilities:
Minimum Qualifications:
Additional Responsibilities & Preferred Qualifications:
Responsibilities:
• Leading and developing the LATAM legal team by enabling the team to focus on critical matters for the business, while efficiently and effectively supporting routine business matters.
• Coordinating and supervising a wide variety of commercial activities involving all aspects of PayPal’s operations in LATAM, which include: customer and vendor-facing agreements; supporting business development initiatives, M&A diligence, negotiation and integration activities.
• Supporting strong relationships with LATAM regulators, including the Central Bank of Mexico (BANXICO), the National Banking and Securities Commission of Mexico (CNBV), and the National Anti-Monopoly Commission (CNA).
• Advising the business on marketing, product and general legal risks, in particular in association with business development in market.
• Maintaining corporate governance for PayPal LATAM entities.
• Monitoring and advising on new and emerging legal and regulatory developments impacting Mexico operations, including identifying trends and potential impacts on business activities.
• Collaborating with legal and business colleagues across PayPal globally on the resolution of legal issues.
• Partnering with Compliance and Risk Management on AML/CTF or other compliance matters.
• Providing legal advice in support of existing operations and business expansion opportunities for other markets, as necessary.
Skills & Experience: Candidates for this position should be able to demonstrate experience and competence with the following.
• Deep, demonstrable financial services regulatory and contract negotiation skills and expertise, with an emphasis on payments laws, including the Mexican Fintech Law and the Payment Network Rules and regulations.
• Experience with oversight by and engagement with the CNBV, BANXICO and other regulators in LATAM.
• In-depth knowledge of cutting-edge IT, web, mobile, and payment ecosystem technologies (especially those used in the collection, storage and analysis of data) and their privacy and data security implications.
• Familiarity with, and strong interest in, financial services technology, mobile and alternative payments, as well as emerging technology.
• General legal background and experience with common issues related to employment, commercial, corporate, currency controls, foreign exchange, litigation and intellectual property. Experience with online businesses will also be advantageous.
• Ability to thrive in a fast-paced environment and to tolerate change and ambiguity.
• Global thinker and demonstrated collaborator, who displays risk-based and pragmatic legal and business judgment in providing practical advice to clients on privacy and data protection issues.
• Ability to translate legal advice into actionable policies, processes and programs that enable business objectives.
• Facility with a team-based approach to subject matter management and knowledge sharing, and comfort with a flexible, agile environment that emphasizes collaboration and team performance over management hierarchy.
• Demonstrated ability to effectively coach and mentor others and work with a sense of humor and resiliency, especially under tight deadlines and while managing multiple priorities.
• Mature, self-motivated, independent and well-organized with excellent interpersonal, communication and problem-solving skills.
• Business acumen, strategic and creative thinking, strong project leadership, communication skills and multi-tasking capabilities.
Qualifications: In addition to the above Skills & Experience, candidates should possess the following qualifications.
• 12 or more years of experience practicing in-house (or in an equivalent setting) and/or at a reputable law firm.
• Juris Doctorate or equivalent degree. Admitted to practice law in Mexico.
• Exceptional writing skills, with attention to detail and ability to generate creative, original drafting and documents.
• Excellent communication and presentation skills; ability to communicate and help non-experts understand applicable regulations and requirements.
• Experience advising clients in the financial services, mobile payments, internet and technology industries preferred.
Subsidiary:
PayPal<