Senior Manager, Senior Counsel - Network Participant Risk

Capital One Group; McLean (VA); Hybrid; USD 201,000 - 229,000; Full time

Job summary

Capital One is seeking a Senior Manager, Senior Counsel - Network Participant Risk to advise on legal risks in the Global Payment Network and its relationships with issuers, acquirers, and networks. The role emphasizes strategy, collaboration with risk teams, and translating laws into actionable guidance.

Candidates should have top-tier analytical skills, strong judgment, and experience in financial services or secured lending, with the ability to manage external counsel and influence senior

Qualifications

• Juris Doctor from an accredited law school is required.
• Active member in good standing of at least one state bar.
• At least 4 years of attorney experience in law firm, government, military judge advocate, or in-house counsel.
• Experience with financial services, secured lending, and regulatory risk is preferred.

Responsibilities

• Provide strategic, clear legal advice on risks posed by network participant relationships, including fraud and counterparty risk.
• Translate applicable laws, regulations, and requirements into actionable guidance.
• Develop and maintain participant-facing rules and terms to mitigate risk.
• Advise on product rollouts, communications, and processes to support business priorities.
• Manage external counsel as needed and collaborate with Legal and business stakeholders.
• Coordinate presentations and strategic communications for senior audiences including regulators.

Skills

Analytical thinking

Legal advisory

Stakeholder communication

Regulatory interpretation

Education

Juris Doctor from an accredited law school

Job description

Senior Manager, Senior Counsel - Network Participant Risk

The Capital One Legal Department is an outstanding team at a Fortune 100 Company that is consistently voted one of the best places to work in the U.S. You will find that the Legal Department is not a “check the box” function, but instead an important voice and strategic partner in all aspects of the business. You will be a part of a collaborative environment that values your insight, encourages you to take on new responsibility, promotes continuous learning, and rewards innovation and intellectual curiosity. We are looking for an experienced and collaborative attorney to join our growing Global Payment Network Legal team. In this role, you will advise on the various legal risks inherent in the Global Payment Network’s relationships with its network participants, including issuers, acquirers, and network alliances.

About the Role

The attorney will be responsible for collaborating with various stakeholders on Global Payment Network business and risk teams and other second line of defense teams to identify and assess legal risks and problem-solve complex issues. The ideal candidate should have expertise in financial services and/or secured lending.

• Providing strategic, clear, and conceptualized legal advice on a variety of risks posed by network participant relationships, including fraud, prohibited activities, and counterparty credit risk.
• Translating applicable laws, regulations, and legal requirements into actionable advice.
• Developing and maintaining participant-facing rules and commercial terms to best mitigate risk in a fluid legal and regulatory environment.
• Advising on the rollout of products, communications, processes and procedures necessary to support the well-managed execution of business priorities.
• Managing external counsel as necessary, and building relationships and collaborating with Legal Department subject matter experts, senior business partners, and stakeholders across Capital One.
• Coordinating legal presentations and strategic communications regarding network participant risks for senior audiences including legal and business executives, regulators, and policymakers.

The successful candidate will have the following

• Top tier smarts and analytical skills
• Ability to understand complex topics quickly with depth that allows for concise and simple advice
• Problem solving mentality rather than thinking only like a legal technician
• Excellent judgment with the ability to predict long-term consequences
• Growth mindset with an openness to new ideas, diverse perspectives, and unconventional solutions
• Strong people skills - we’re looking for someone who can build collegial and effective relationships with colleagues and clients
• Ownership mentality, thinking like an owner vs. an employee
• Solid time management skills with the ability to prioritize a significant volume of work and to manage multiple deadlines
• Excellent communication skills with the ability to influence others and write concisely

Basic Qualifications

• Juris Doctor from an accredited law school
• Active member in good standing of at least one state bar
• At least 4 years of experience as an attorney in a law firm environment, at a government agency, as a military judge advocate, or as in-house counsel

Preferred Qualifications

• 5+ years of experience in a law firm environment, at a government agency, as a military judge advocate, or as in-house counsel
• 5+ years experience in financial services
• 3+ years experience in the payments industry
• Prior experience with secured lending, fraud, AML, and/or the risks posed by highly-regulated industries operating within the financial ecosystem

At this time, Capital One will not sponsor a new applicant for employment authorization, or offer any immigration related support for this position (e.g. H1B, F-1 OPT, F-1 STEM OPT, F-1 CPT, J-1, TN, E-3, and O-1, or any other forms of work authorization that require immigration support from an employer).

This role is designated as a hybrid position. You are expected to adhere to Capital One's hybrid policy regarding required on-site presence at your designated office location.

Salaries

• Chicago, IL: $182,500 - $208,300 for Sr. Manager, Sr. Counsel
• McLean, VA: $200,700 - $229,100 for Sr. Manager, Sr. Counsel
• Richmond, VA: $182,500 - $208,300 for Sr. Manager, Sr. Counsel
• Riverwoods, IL: $182,500 - $208,300 for Sr. Manager, Sr. Counsel

Candidates hired to work in other locations will be subject to the pay range associated with that location, and the actual annualized salary amount offered to any candidate at the time of hire will be reflected solely in the candidate’s offer letter.

This role is also eligible to earn performance based incentive compensation, which may include cash bonus(es) and/or long term incentives (LTI). Incentives could be discretionary or non discretionary depending on the plan.

Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being.

Eligibility varies based on full or part-time status, exempt or non-exempt status, and management level.

This role is expected to accept applications for a minimum of 5 business days.

No agencies please.

Capital One is an equal opportunity employer (EOE, including disability/vet) committed to non-discrimination in compliance with applicable federal, state, and local laws.

Capital One promotes a drug-free workplace.

Capital One will consider for employment qualified applicants with a criminal history in a manner consistent with the requirements of applicable laws regarding criminal background inquiries, including, to the extent applicable, Article 23-A of the New York Correction Law; San Francisco, California Police Code Article 49, Sections 4901-4920; New York City’s Fair Chance Act; Philadelphia’s Fair Criminal Records Screening Act; and other applicable federal, state, and local laws and regulations regarding criminal background inquiries.

If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation, please contact Capital One Recruiting at 1-800-304-9102 or via email at [e-mail].

All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.

For technical support or questions about Capital One's recruiting process, please send an email to [e-mail]

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Capital One Financial is made up of several different entities. Please note that any position posted in Canada is for Capital One Canada, any position posted in the United Kingdom is for Capital One Europe and any position posted in the Philippines is for Capital One Philippines Service Corp. (COPSSC). At Capital One, we’re building a leading information-based technology company. Still founder-led by Chairman and Chief Executive Officer Richard Fairbank, Capital One is on a mission to help our customers succeed by bringing ingenuity, simplicity, and humanity to banking. We measure our efforts by the success our customers enjoy and the advocacy they exhibit.