Capital One Financial Corporation

Director, Assistant General Counsel - US Commercial Contract & Product (Discover Network)

Capital One Financial Corporation$230K — $263K *
Legal & Accounting
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Juris Doctor from an accredited law school
  • Active member in good standing of at least one state bar
  • 8+ years of experience in a law firm, in-house legal department, or a combination
  • 10+ years of experience preferred
  • Experience in merchant and/or payment networks preferred

Responsibilities

  • Provide expert legal counsel on commercial contracts
  • Negotiate and draft commercial agreements
  • Support new product initiatives in credit, fintech, and payments
  • Develop competitive rule sets for the Discover Network
  • Identify and implement process improvements for agility
  • Collaborate with internal counsel and business teams
  • Partner with Risk and Compliance teams for support

Benefits

  • Comprehensive health benefits
  • Financial support options
  • Inclusive benefits for total well-being
  • Performance-based incentive compensation
  • Flexible hybrid work environment
Full Job Description
Director, Assistant General Counsel - US Commercial Contract & Product (Discover Network)

In this role, you will serve as a key strategic partner and important voice within the business. This role involves providing essential legal advice and support on a variety of commercial initiatives and transactions for the Discover Network, working closely with business and legal partners across the organization. You will find that the Legal Department is not a 7check the box8 function but instead, an important voice and strategic partner in all aspects of the business.

About the Role:

The attorney will provide support for the Discover Network on the US Commercial and Product legal team with a focus on merchant relationships. The ideal candidate should have expertise in commercial contracting. This position will have responsibility for:

  • Providing expert counsel and strategic guidance across a critical spectrum of areas impacting commercial relationships, including commercial contracting and risk identification and mitigation

  • Negotiating, drafting, and guiding implementation of commercial agreements, working in close collaboration with legal and business colleagues and other subject matter experts

  • Supporting credit, fintech and payment innovation related new product initiatives and innovation across the Discover Network

  • Supporting the development and maintenance of competitive rule sets for the Discover Network

  • Identifying and supporting process improvements to promote agility in legal and related business operations, including contract template improvements

  • Partnering collaboratively with other internal counsel and business teams across the enterprise

  • Partnering with Risk and Compliance teams to ensure comprehensive support

The successful candidate will have the following:

  • Demonstrated leadership qualities and ability to get issues resolved across organizational borders

  • 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 - we9re 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 8 years of experience in a law firm, in-house legal department, or a combination

Preferred Qualifications:

  • 10+ years of experience in a law firm, in-house legal department, or a combination

  • Merchant and/or payment network experience

At this time, Capital One will not sponsor a new applicant for employment authorization for this position.

This role is hybrid meaning associates spend 3 days per week in-person at one of our offices listed on this job posting.

The minimum and maximum full-time annual salaries for this role are listed below, by location. Please note that this salary information is solely for candidates hired to perform work within one of these locations, and refers to the amount Capital One is willing to pay at the time of this posting. Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be regularly worked.

Chicago, IL: $209,500 - $239,100 for Director, Asst General Counsel


McLean, VA: $230,400 - $263,000 for Director, Asst General Counsel


New York, NY: $251,400 - $286,900 for Director, Asst General Counsel


Richmond, VA: $209,500 - $239,100 for Director, Asst General Counsel


Riverwoods, IL: $209,500 - $239,100 for Director, Asst General 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 candidate9s 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. Learn more at theCapital One Careers website. 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.

About Capital One Financial Corporation

Chevy Chase Bank is the greater Washington region's largest locally-owned banking institution providing a complete array of financial products and services to consumers and businesses in Maryland, Virginia, and the District of Columbia. The Bank, which is headquartered in Bethesda, Maryland, has approximately 250 branches and over 1,000 ATMs, more than anyone else in the greater Washington market. Chevy Chase Bank currently has over $16 billion in assets and services over 1 million customers. For more information about Chevy Chase Bank, please visit chevychasebank.com.

Capital One Financial Corporation Careers

Join the vibrant team at Capital One Financial Corporation, a leader in the financial services industry, where innovation meets purpose-driven leadership. As one of the most forward-thinking companies in banking, Capital One is the perfect place to jumpstart or advance your career with a myriad of job opportunities in various fields.

Work You’ll Do

At Capital One, we are committed to excellence and setting our team members up for success. By joining our dynamic team, you will engage in meaningful work that makes a real difference. From developing cutting-edge technology to crafting personalized financial solutions, every position at Capital One is geared towards redefining the future of banking.

Innovate and Lead

Capital One is not just a company; it's a hub of innovation and leadership. We empower our professionals to lead with their ideas and see them come to life. Our culture thrives on diversity and the unique perspectives each team member brings. Here, your skills in networking, problem-solving, and leadership will not only be valued but also nurtured through professional development and diversity training.

Grow Your Career

Capital One is deeply invested in the growth and development of its employees. With robust training programs, mentorship, and resources for professional enhancement, we ensure that your career trajectory aligns with your personal and professional goals. Whether it’s rising through the ranks or switching tracks via internal job opportunities, your growth is our priority.

Internship and Employment Opportunities

For those starting their journey, Capital One offers enriching internship programs that provide a glimpse into the culture and work ethic that drives our success. Interns gain hands-on experience, valuable insights, and the opportunity to network with leaders across the company. For seasoned professionals, we offer positions that challenge your expertise while encouraging balance and innovation.

Benefits and Culture

Choosing to work at Capital One means opting for a lifestyle where your well-being is prioritized. Our benefits package is designed to support you both at work and in your personal life, encompassing health, finance, and family. The inclusive culture at Capital One ensures that everyone, regardless of background, has the opportunity to thrive.

Join Our Team

Explore the various career paths available at Capital One and discover how your skills and passions can align with our mission. We are continuously hiring across multiple disciplines, eager to welcome curious, creative, and driven individuals to our team.

Stay Connected

Keep up to date with the latest in career opportunities and company news by joining our network. Tailor your job alerts to match your career preferences and get insider tips that can transform your application process, from crafting your resume to acing your interview.

Search Capital One Jobs

Ready to take the next step in your career? Search open positions that match your skills and interests. At Capital One, your next job opportunity could be the gateway to a fulfilling and prosperous career.

Read Careers Blog

Stay ahead with career tips, insider perspectives, and industry-leading insights you can put to use today—all from the people who work here. Capital One Financial Corporation is not just a company—it's a place where you can make an impact. Discover the opportunities waiting for you in a career at Capital One. Join us and shape the future of banking with your vision, skills, and enthusiasm.
Learn more about Capital One Financial Corporation
Size
51,500 employees
Market Cap
$34.1 billion
Industry
Net Income
$2.7 billion
Founded
1994
5 Year Trend
+2.4%
NASDAQ

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