Director, Assistant General Counsel - Business Core at Capital One

McLean, Virginia, United States

Capital One Logo
Not SpecifiedCompensation
Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Services, BankingIndustries

Requirements

  • Juris Doctor from an accredited law school
  • Intellectually curious, proactive, business-oriented legal professional
  • Thrives in a fast-paced environment
  • Comfortable being the go-to expert on complex legal topics and breaking down intricate legal concepts into simple terms
  • Passion for technology
  • Desire to own your work and collaborative spirit
  • Familiar with the nuances of the B2B space
  • Ability and desire to learn new areas of law

Responsibilities

  • Provide proactive, business-minded legal advice to senior product leaders on the evolution of Business Core
  • Act as an investigator on projects uniting lines of business, drilling down into operations to build better ways forward
  • Understand business objectives, applicable law, landscape, and context to apply law to business initiatives
  • Act as subject matter expert on a wide range of regulatory issues, working with regulatory experts on novel issues
  • Translate between business intent, regulatory requirements, legal guardrails, best practices, technology, and customer needs (e.g., small business, commercial)
  • Serve as the Legal point person for the area, owning legal issues including drafting product terms, reviewing marketing collateral, and interfacing with business leaders
  • Build scalable solutions including processes, playbooks, and training materials for product teams and stakeholders
  • Review product feature changes for regulatory compliance: meet with business partners, identify legal obligations or risks, provide recommendations (e.g., revise user-facing content, draft product terms and disclosures, assist with strategic partnership integrations)
  • Perform legal research on existing and new laws applied to novel technology implementations
  • Develop legal theories for complex use cases and use expertise to influence business strategy and decisions
  • Partner closely with Product, Engineering, and Design teams, providing clear, practical legal advice to innovate while navigating regulatory landscape
  • Manage issues and events as the lead legal partner for the Business Core tower of the Customer Identity and Core team

Skills

Key technologies and capabilities for this role

Legal AdvisoryRegulatory ComplianceProduct CounselingRisk ManagementBusiness LawTechnology LawCompliance ExpertiseStrategic Legal AdviceRegulatory InterpretationLegal Investigation

Questions & Answers

Common questions about this position

What is the employment type for this role?

This is a full-time position.

Is this role remote or does it require office work?

This information is not specified in the job description.

What key skills are needed for this Director, Assistant General Counsel role?

The role requires experience as a collaborative legal leader, providing proactive business-minded legal advice, acting as a subject matter expert on regulatory issues, strong communication to translate between business and legal teams, and building scalable processes like playbooks and training.

What is the team culture like for this legal position?

The role involves partnering closely with Product, Engineering, and Design teams in a collaborative environment, problem-solving together with the Legal Team, and serving as a strategic thought partner in a growing TechReg Legal team focused on innovation and security.

What makes a strong candidate for this Assistant General Counsel position?

Strong candidates are experienced legal leaders who can provide practical advice on regulatory compliance for product features, understand business objectives and technology, quarterback legal issues across teams, and build scalable solutions while navigating complex regulations.

Capital One

Offers diverse financial products and services

About Capital One

Capital One provides a variety of financial services aimed at making banking accessible and easy for everyone. The company offers products such as credit cards, savings accounts, car loans, and business checking accounts, catering to both individual consumers and small businesses primarily in the United States. Capital One's approach includes user-friendly banking solutions with no fees or minimums for checking accounts, allowing customers to manage their finances more effectively. They generate revenue through interest on loans, credit card fees, and investment banking services. What sets Capital One apart from its competitors is its strong commitment to financial inclusion and literacy, demonstrated through community partnerships and educational initiatives, such as collaborations with Khan Academy. The company's goal is to create a more inclusive financial system and empower customers with the knowledge and tools they need to make informed financial decisions.

McLean, VirginiaHeadquarters
2014Year Founded
$15.9MTotal Funding
IPOCompany Stage
Fintech, Financial ServicesIndustries
10,001+Employees

Benefits

Medical, Dental, & Vision coverage
Onsite Health Centers
Prescription saving with network of local pharmacies
Stock Purchase Plan
Education Assistance
401(k)
Flexible Spending Accounts
Life and Disability insurance
Generous paid time off + corporate & floating holidays
Registered dieticians on site, cooking classes and free virtual fitness classes
Employee Assistance Program

Risks

Increased competition in subscription management tools may dilute Capital One's advantage.
Over-reliance on partnerships could expose Capital One to technological risks.
Departure of key personnel like Joe Rodriguez may affect risk management continuity.

Differentiation

Capital One offers user-friendly banking with no fees or minimums for checking accounts.
The company partners with Khan Academy to provide financial literacy education.
Capital One is the first major U.S. bank to offer subscription management tools.

Upsides

Capital One's mobile app is a model for secure, user-friendly digital banking.
Data sharing with Worldpay enhances payment security and fraud prevention.
Partnerships with fintechs like Minna Technologies improve customer experience.

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