Center 1 (19052), United States of America, McLean, Virginia
Senior Manager/ Senior Counsel: Bankruptcy and Consumer Finance, Regulatory
Capital One's growing Legal department will allow you to showcase your talents in a fast paced, fun environment. At Capital One, you get to work with bright and intelligent individuals who will help elevate you to a new level. If you enjoy working with a team of high performing top talent, Capital One is the place for you! Our Legal team thrives on collaborating and creates an environment where everyone's voice is heard. This exciting role will allow you to use your depth and breadth of experience to strategize and influence management as well as the business lines you support. In addition, you will have the opportunity to enhance your skills and broaden your knowledge. Come to Capital One to be a part of challenging work while enjoying our exceptional culture and work life balance.
The Role
As Bankruptcy and Consumer Finance Regulatory Senior Counsel on the Regulatory Legal team in Capital One's Legal Department, the attorney in this position will work closely with a number of Capital One's bankruptcy operations teams within the business lines, Compliance, and across the Legal Department to provide legal guidance, to ensure compliance with internal policies and procedures and bankruptcy laws and regulations, and manage litigation risk. The Bankruptcy Senior Counsel will serve as the primary bankruptcy counselor advising Capital One's Financial Services's (FS) bankruptcy operations groups and related support groups and be responsible for providing strategy and overseeing various bankruptcy issues relating to auto loans, including, but not limited to, automatic stay, lien perfection, proofs of claim, dischargeability and other secured transaction litigation, along with other consumer regulatory areas and bankruptcy litigation for the business line operations they support. The Bankruptcy and Consumer Finance Regulatory Senior Counsel will work closely with one other Bankruptcy Senior Counsel supporting Capital One's Card and Retail Bank, Small Business, and Commercial businesses and other support groups to help advise on and implement best practices at an enterprise level. In addition, the Bankruptcy and Consumer Finance Regulatory Senior Counsel will be the subject matter expert supporting levies and garnishment and sworn documents across the company. The Senior Counsel will be part of a larger, dynamic, and energetic team supporting customer communications, marketing, and digital consent and agreements and report to the Senior Director, Associate General Counsel.
This role requires an attorney with experience in business and/or consumer regulatory and bankruptcy law, preferably Chapter 7, Chapter 11, or Chapter 13 related litigation. The role requires an attorney with intellectual curiosity, a desire to learn new areas of law, and an interest and an ability to analyze and interpret laws, regulations, and other source documents covering many different areas of the law. This role also requires an attorney with a strong interest and proficiency in the use of modern technology, and with strong analytical, organizational, and prioritization skills. Additionally, this role requires an attorney possessing excellent verbal and written communication skills, attention to detail, the ability to interact with and influence associates across departments and job levels, and the ability to work effectively in a fast-paced environment, with minimal supervision, while managing large volumes of work including complex legal issues that may arise suddenly.
Responsibilities:

• Serve as the legal counselor advising Capital One FS bankruptcy operations, and related support groups (e.g., Legal, Compliance, Risk, Audit, and Quality Assurance)
• Support the bankruptcy operations groups as an integral member of their operational and risk management processes
• Provide strategic and proactive leadership on trending legal and regulatory issues affecting the supported businesses
• Ensure timely identification, mitigation, resolution and reporting/escalation of existing and emerging legal issues and risks
• Support the development, marketing, and rollout of new products, services, and other innovations impacting customers being serviced by the supported bankruptcy operations groups
• Review internal policies and procedures and advise Capital One's bankruptcy operations groups on best practices, policies and procedures
• Advise applicable businesses on defensive levies and garnishment issues
• Advise all business lines on sworn documents issues
• Build and maintain effective working relationships with internal and external stakeholder groups
• If not located in Plano, travel to Plano will be required at least quarterly and perhaps more frequently initially to build relationships

A successful candidate will have:

• Deep expertise in commercial and/or consumer bankruptcy laws and regulations affecting secured auto loans, unsecured loans, lines of credit, and other banking products and services
• At least 2 years of robust bankruptcy legal experience, including, but not limited to, litigation, proofs of claim, dischargeability, restructuring, and/or other commercial and/or consumer regulatory, loan, and other banking-related bankruptcy litigation
• Financial services industry knowledge and expertise, including experience with business and/or consumer regulatory requirements relating to auto loans, credit cards, lines of credit, loans, and other banking products and services
• Ability to work in a fast-paced environment with minimal supervision
• Ability to manage a large volume of work, including complex legal issues that may arise suddenly
• Ability to thrive in an environment primarily defined by close collaboration with the businesses and Legal and Compliance colleagues to solve complex legal issues and to develop and effectively communicate guidance and advice
• Ability to think creatively about how to most effectively and efficiently deliver legal advice and improve current processes
• Ability and willingness to work as a team player, with comfort interacting with associates across departments and job levels, both inside and outside the Legal department

Basic Requirements:

• Juris Doctor from an accredited law school
• Active member in good standing of at least one state bar
• At least 4 years of experience as an attorney in a law firm, in-house legal department, or government agency
• At least 3 years of experience working with business or consumer bankruptcy laws impacting banking products

Preferred Requirements:

• 5+ years of law firm, in-house legal department, Chapter 7 or Chapter 13 trustee representation, bankruptcy restructuring, secured transactions, or government experience in an attorney role
• 3+ years of experience working on commercial or consumer regulatory matters
• 3+ years of experience as an attorney within a regulatory environment
• A thorough knowledge of consumer protection laws, including TILA, ECOA, UDAAP, FCRA, FDCPA, SCRA, Dodd-Frank Act, and other accompanying regulatory consumer lending regulations
• Experience or familiarity with levies and garnishment and/or sworn document laws
• Experience with Google Workspace and Salesforce

At this time, Capital One will not sponsor a new applicant for employment authorization for this position.
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 . 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.
No agencies please. Capital One is an equal opportunity employer committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to sex (including pregnancy, childbirth or related medical conditions), race, color, age, national origin, religion, disability, genetic information, marital status, sexual orientation, gender identity, gender reassignment, citizenship, immigration status, protected veteran status, or any other basis prohibited under applicable federal, state or local law. Capital One promotes a drug-free workplace. Capital One will consider for employment qualified applicants with a criminal history in a manner consistent with the requirements of applicable laws regarding criminal background inquiries, including, to the extent applicable, Article 23-A of the New York Correction Law; San Francisco, California Police Code Article 49, Sections 4901-4920; New York City's Fair Chance Act; Philadelphia's Fair Criminal Records Screening Act; and other applicable federal, state, and local laws and regulations regarding criminal background inquiries.
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Capital One Financial is made up of several different entities. Please note that any position posted in Canada is for Capital One Canada, any position posted in the United Kingdom is for Capital One Europe and any position posted in the Philippines is for Capital One Philippines Service Corp. (COPSSC).