Director, Assistant General Counsel - Network Product and Platform

Capital One • McLean, IL

10d • $209,500 - $286,900 • Hybrid

About The Position

Director, Assistant General Counsel - Network Product and Platform 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’re looking for an experienced and collaborative legal leader to join our growing Payments Network Legal team. This is a unique opportunity to act as the legal lead for the core products and technology that drive our payments network. Our technology and the payments landscape evolve constantly; this role is at the forefront of change. You’ll partner closely with our Product, Operations, and Technology teams, providing clear, practical legal advice that helps us innovate and expand our business while navigating a complex regulatory landscape and managing risk. You’ll advise on product development, solve operational complexities, support transactional challenges, and become an expert on key payment network products and technology. 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. What You’ll Do Be a strategic thought partner and advisor. You provide proactive, business-minded legal advice to our senior product leaders on existing and new products and technology. You’ll dive deep into the features and nuances of our products, developing expertise in how our products operate so that you can spot issues, manage risk, and advise the product team and the business. Your role won’t end with counseling our product team. As the legal team’s subject matter expert on various payment network products, you’ll also identify and advise on operational, business, regulatory, and other impacts of products through close collaboration with your legal colleagues. Be a quarterback and consensus builder. You are the legal point person for your area. You have a defined scope, but you aren’t stuck in a box and can’t operate independently. You’ll build strong relationships with product, technology, and operations teams. You’ll collaborate closely with others on the legal team - seeking advice, providing advice, and working collectively to drive growth and achieve success. While you own the legal issues and relationships with your product and business leaders, we problem solve together. Translate the law. Act as the subject matter expert on a wide range of regulatory issues. You’ll need to understand the law and work with our regulatory subject matter experts on novel issues, understand the business and its customers, understand our products and technology, and put them all together as a trusted advisor. You’ll translate between business intent, product functionality, regulatory requirements, legal guardrails, best practices, and more. You’ll need to communicate legal requirements to product and business teams, and you’ll need to communicate product functionality to legal subject matter experts. Build scalable solutions. Help build processes, playbooks, and training materials that enable our product teams and stakeholders to move quickly and confidently. Manage risk. Identifying and managing risks associated with products is at the forefront of what you do. Learn constantly. Our technology and the payments industry are evolving constantly. You’ll regularly be learning about, and providing legal and strategic advice to support the development and growth of, new products and technology.

Requirements

• Juris Doctor from an accredited law school
• Active member in good standing of at least one state bar
• At least 8 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
• At least 3 years experience as product counsel providing legal advice to product development teams in a financial services environment

Nice To Haves

• 10+ 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
• 5+ years experience as product counsel providing legal advice to product development teams in a financial services environment
• 3+ years experience in the payments industry
• Experience with domestic and international data privacy laws and experience working with colleagues around the globe

Responsibilities

• Identifying potential legal risks early in the product development process; working collaboratively with operations, regulatory compliance, privacy, and other teams to analyze those risks; and providing feedback to the product team so that product designs can manage those risks.
• Supporting product commercialization by working with legal, product, and business colleagues to help develop product terms, product guides, and other documentation to support product adoption and growth.
• Developing an in-depth understanding of existing products and identifying opportunities to improve the terms, guides, processes, and documentation that underlie existing products and the existing product development and commercialization processes.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Ph.D. or professional degree