Senior Manager, Senior Counsel - Fair Credit Reporting Act (FCRA) at Capital One

McLean, Virginia, United States

Capital One Logo
Not SpecifiedCompensation
Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Services, Technology, BankingIndustries

Requirements

  • Basic Qualifications:
  • Juris Doctor from an accredited law school
  • Active member in good standing of at least one state bar
  • At least four 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:
  • Experience advising on or litigating the Fair Credit Reporting Act
  • Experience in federal regulation, supervision, or enforcement
  • Experience in data privacy or appropriate data use
  • Background in consumer financial services law
  • Other Attributes:
  • Demonstrated judgment
  • Exceedingly clear and accessible writing
  • Genuine curiosity about technology and business processes
  • Nuanced awareness of developments in the regulatory environment
  • Persistent desire to understand the sources, evolution, and policy rationales behind the law
  • Ability to express complex concepts in simple terms to non-experts
  • Ownership mentality
  • Ability to interact with and influence across departments and job levels
  • Curiosity, humility, and a good sense of humor

Responsibilities

  • Serve as a legal expert on the Fair Credit Reporting Act (FCRA)
  • Interpret FCRA and provide advice in support of numerous business-critical initiatives concerning the use of consumer reports
  • Work closely with colleagues within the Legal Department, as well as with business, compliance, and risk partners across Capital One
  • Operate at the intersection of financial services and technology
  • Issue-spot, problem-solve, and innovate to assess and mitigate legal risk in a competitive market

Skills

Key technologies and capabilities for this role

Fair Credit Reporting ActFCRAPrivacy LawConsumer ProtectionLegal ResearchRisk AssessmentFinancial Services RegulationData SharingGenerative AI

Questions & Answers

Common questions about this position

What is the work arrangement for this role?

This role is hybrid.

What are the basic qualifications for this position?

Candidates must have a Juris Doctor from an accredited law school, be an active member in good standing of at least one state bar, and at least four years of experience as an attorney in a law firm, government agency, military judge advocate, or in-house counsel.

What preferred qualifications are there for this role?

Preferred experience includes advising on or litigating the Fair Credit Reporting Act, experience in federal regulation, supervision, or enforcement, data privacy or appropriate data use, and background in consumer financial services law.

What is the company culture like at Capital One?

Capital One values collaboration, openness, innovation powered by perspective, teamwork, respect, humility, and obsessing about doing the right thing to help customers succeed.

What qualities make a strong candidate for this role?

A strong candidate has an ownership mentality, enjoys teamwork, can influence across departments, and brings demonstrated judgment, clear writing, curiosity about technology and business, awareness of regulatory developments, desire to understand law's evolution, and ability to simplify complex concepts.

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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