Clearinghouse and Requirements Attorney - Principal Associate Counsel

Capital One
Richmond, Virginia
May 07, 2021
May 13, 2021
Full Time
West Creek 7 (12077), United States of America, Richmond, Virginia

Clearinghouse and Requirements Attorney - Principal Associate Counsel

At Capital One, we march to a different beat! While we may be a top-10 bank by deposits, we operate and innovate with the vigor of a start-up. With thousands of employees, we never lose anyone in the shuffle, but celebrate individuals with respect and exceptional benefits. And we don't just fill positions, but recruit the best and the brightest people that know how to set industry trends and wow consumers.

We're excited to be growing and hiring across the country to build the next generation of sound practices and values so that our philosophy can transcend into our products and services. We're the talented and vibrant Capital One Legal team, and we're looking for more enthusiastic and intelligent people to join our group.Here, you'll find we value hard work, camaraderie and the title of one of the "100 Best Companies to Work For." While working alongside some of the best in the business, you'll also have the pleasure of a flexible work environment where great benefits start on day one. If this sounds like the dream job you've been searching for, we hope you apply today.

The Role:

As a member of the Enterprise Regulatory Advisory Group in Capital One's Legal Department, the attorney in this position will be responsible for reviewing new laws and regulations applicable to Capital One's operations, then summarizing those laws in a format readily understandable by non-legal associates. The counsel will help ensure Capital One's compliance with applicable laws by both drafting new legal requirements and helping to integrate those requirements into the regulatory compliance process, working with business risk and compliance specialists.

This role requires an attorney with intellectual curiosity, a desire to learn new areas of law, and an interest and ability to analyze and interpret laws, regulations and other source documents covering many different areas of the law. This roll also requires an attorney that is proficient in the use of modern technology with strong analytical, organizational, and prioritization skills, excellent verbal and written communication skills, an 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 to manage large volumes of work, including complex legal issues that may arise suddenly.

  • Review state and federal laws and regulations for their applicability to Capital One's business operations
  • Draft summaries and legal requirements derived from applicable laws and regulations in a way that non-legal personnel can understand and implement
  • Advise business lines on the legal import of applicable laws and regulations
  • Identify and coordinate resolution of compliance or operational errors
  • Provide reporting and management assistance to attorneys and business partners

Basic Qualifications:
  • Juris Doctor from and accredited law school
  • Active member in good standing of a least one state bar
  • Ability to register as an Active Virginia Bar Corporate Counsel if hired
  • At least 2 years of experience as an attorney in a law firm, an in-house legal department, or within a consumer financial services environment

Preferred Qualifications:
  • Active member of Virginia State Bar
  • 3-5 years of experience as an attorney in a law firm, an in-house legal department, or within a consumer financial services environment
  • 2 years of experience with the Federal Rulemaking Process
  • 2 years of experience as an attorney within a regulatory environment
  • Proficiency with Microsoft Office, G Suite and Salesforce

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