Sr. Director, Risk Management - Network Policy and Rules Advisory

Capital One • McLean, VA

7d • $217,000 - $297,200

About The Position

Sr. Director, Risk Management - Network Policy and Rules Advisory Job Description: The Senior Director, Network Policy & Rules Advisory is a senior, subject-matter expert and strategic advisor responsible for ensuring Discover’s Global Payment Network rules, technical specification and other policies are aligned, current and consistent with industry best practice. This role leads a team of experienced payments professionals to provide an expert advisory and effective challenge function across network initiatives while also leading the modernization and re-architecture of network rules and integration of a rules management and publishing platform to support scalability, transparency and operational efficiency. This role operates at the intersection of legal, policy, technology and network governance, partnering closely with Legal, Product, Risk, Technology and Operations leaders.

Requirements

• Bachelors Degree or Military Experience
• At least 6 years of experience in an consulting or advisory role within payments or financial services industry
• At least 2 years of experience working with payments network operating rules within a payments network, acquiring or issuing environment

Nice To Haves

• Prior experience in payments network rules, operating regulations or scheme governance, including multi-party contractual frameworks, preferably working at or closely with card networks, real-time payments networks, clearing and settlement systems or large-scale platforms
• Experience sponsoring or leading delivery of rules management, policy authoring or other publishing systems

Responsibilities

• Serve as a senior advisor and authoritative voice on network rules, operating frameworks, industry standards and recent developments across payments and platform ecosystems
• Provide independent review, industry intelligence and effective challenge to proposed rule changes, product initiatives and network strategies to ensure consistency, clarity and alignment with industry best practices
• Identify gaps, inconsistencies and unintended consequences in the design and implementation of proposed network rules and technical specifications, recommending pragmatic, durable solutions
• Lead, oversee and manage Operating Regulation waiver requests and related processes
• Act as business sponsor and subject-matter lead for the modernization and simplification of the Global Payment Network rules framework and implementation of a rules management and publishing platform
• Mentor, inspire and lead a team of policy advisory professionals, enhancing capability and consistency across the function
• Build strong working relationships with senior stakeholders across Legal, Risk, Product, Technology, Operations and external partners
• Influence outcomes through expertise, credibility and structured reasoning rather than formal authority
• Champion the use of technology (including AI-enables tools where appropriate) to improve rule and specification quality, consistency and operational efficiency, while retaining clear human accountability

Benefits

• 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. Learn more at the Capital One Careers website.

What This Job Offers

• Job Type: Full-time
• Career Level: Director