Senior Counsel, Payments

8 Months ago • 6 Years + • Legal • $144,000 PA - $216,150 PA

Job Summary

Job Description

eBay seeks a Senior Counsel, Payments to provide legal & regulatory advice on payments and financial services. You will advise on compliance with US money transmission, anti-money laundering, and consumer protection laws and regulations. Must have experience in advising regulated non-bank financial institutions on payments matters, and a strong understanding of the payments and financial ecosystem.
Must have:
  • Financial Legal Advice
  • US Money Transmission
  • Anti-Money Laundering
  • Consumer Protection Laws
Good to have:
  • Commercial Lending
  • Alternative Financing
  • Card Network Rules
  • Commercial Contracts
Perks:
  • Target Bonus
  • Restricted Stock Units

Job Details

At eBay, we're more than a global ecommerce leader — we’re changing the way the world shops and sells. Our platform empowers millions of buyers and sellers in more than 190 markets around the world. We’re committed to pushing boundaries and leaving our mark as we reinvent the future of ecommerce for enthusiasts.

Our customers are our compass, authenticity thrives, bold ideas are welcome, and everyone can bring their unique selves to work — every day. We're in this together, sustaining the future of our customers, our company, and our planet.

Join a team of passionate thinkers, innovators, and dreamers — and help us connect people and build communities to create economic opportunity for all.

Senior Counsel, Payments

Summary:

eBay is seeking a highly skilled and collaborative lawyer to serve as Senior Counsel, Payments, supporting our thriving payments platform and our innovative financial services. You will provide strategic legal and regulatory advice on payments and financial services at eBay. You will counsel our business and compliance teams to ensure our platform remains compliant with applicable law, including US federal and state money transmission, anti-money laundering, and consumer protection laws and regulations. And you will lead our engagement with our U.S. financial regulators. This is a great opportunity to work at the forefront of helping to deliver new payment and e-commerce experiences around the world!

Primary Responsibilities

  • Advise on compliance with US state and federal money transmission, anti-money laundering, and consumer protection laws and regulations, as well as card network requirements, with an eye towards global scalability
  • Work closely with eBay’s Financial Services and Compliance teams, providing legal support to maintain existing licenses and products, and to rollout new features and functionalities
  • Ability to translate complex financial regulations into clear requirements for business and compliance teams
  • Engage directly with financial regulators, and advise on regulatory exams, regulatory reporting, and other matters
  • Advise on user-facing terms, commercial contracts with partners, policy documents, and upcoming legislation and regulation
  • Work closely with cross-functional teams, including Anti-Money Laundering/Sanctions Compliance, Risk, Finance/Treasury, Accounting, Marketing, Privacy, Information Security, Internal Audit, and Government Relations
  • Anticipate regulatory developments and proactively advise leadership on how eBay should navigate such developments

Minimum Qualifications:

  • J.D. degree (or foreign equivalent) and membership in at least one US state bar
  • 6+ years of experience providing financial legal and regulatory advice to regulated non-bank financial institutions, preferably in the fintech space, including in-house experience with payments matters in the context of internet or technology companies and/or relevant law firm work
  • Experience advising on US state and federal money transmission, anti-money laundering, and consumer protection laws and regulations
  • Experience in the following areas is also strongly preferred: commercial and consumer lending, loan brokering, alternative forms of financing (e.g., receivables-based financing), card network rules, and commercial contracts
  • Excellent communication, analytical, and problem-solving skills
  • Experience providing strategic and pragmatic regulatory advice to business and compliance teams
  • Technical understanding of the payments and financial ecosystem, especially as relevant to marketplaces
  • Ability to lead and deliver across a number of top-priority projects in a fast-paced work environment
  • Flexibility with the scope and variety of projects to be undertaken
  • Good sense of humor and team spirit

Preferred Qualifications:

  • Strong curiosity about alternative payments, emerging payments technology, and the fintech industry
  • In-house legal department experience

The pay range for this position at commencement of employment in California, Washington, or New York is expected in the range below.

$144,000 - $216,150

Base pay offered may vary depending on multiple individualized factors, including location, skills, and experience. The total compensation package for this position may also include other elements, including a target bonus and restricted stock units (as applicable) in addition to a full range of medical, financial, and/or other benefits (including 401(k) eligibility and various paid time off benefits, such as PTO and parental leave). Details of participation in these benefit plans will be provided if an employee receives an offer of employment.

If hired, employees will be in an “at-will position” and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors.

Please see the Talent Privacy Notice for information regarding how eBay handles your personal data collected when you use the eBay Careers website or apply for a job with eBay.

eBay is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, veteran status, and disability, or other legally protected status. If you have a need that requires accommodation, please contact us at talent@ebay.com. We will make every effort to respond to your request for accommodation as soon as possible. View our accessibility statement to learn more about eBay's commitment to ensuring digital accessibility for people with disabilities.

Jobs posted with location as "Remote - United States (Excludes: HI, NM)" excludes residents of Hawaii and New Mexico.

 

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About The Company

We Empower People and Create Economic OpportunityeBay Inc. (NASDAQ: EBAY) is a global commerce leader that connects millions of buyers and sellers around the world. We exist to enable economic opportunity for individuals, entrepreneurs, businesses and organizations of all sizes.

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