Manager, Bankruptcy Counsel

Overview

Manager, Bankruptcy Counsel

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.

Description:

As Bankruptcy Counsel on the Card, Banking, and PPX 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 Counsel will serve as the primary bankruptcy counselor advising Capital One’s Financial Services’s (FS) and Retail Bank/Small Business Bank 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 Counsel will work closely with one other Bankruptcy Senior Counsel supporting Capital One’s Consumer and Small Business Card, and Commercial businesses and other support groups to help advise on and implement best practices at an enterprise level.

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.

Job Responsibilities:

• Serve as the legal counselor advising Capital One FS and Retail Bank/Small Business Bank 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

• Build and maintain effective working relationships with internal and external stakeholder groups

• If not located in Plano, Texas, 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

• 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 3 years of experience as an attorney in a law firm, at a government agency, as a military judge advocate or as in-house counsel

• At least 3 years of experience working with business or consumer bankruptcy laws within the banking and financial services industry

Preferred Requirements:

• 4+ 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

• Knowledge of consumer and protection laws, including TILA, ECOA, UDAAP, FCRA, FDCPA, SCRA, Dodd-Frank Act, and other accompanying regulatory consumer lending regulations

• Experience with Google Workspace

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

This role is hybrid meaning associates typically 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.

McLean, VA: $164,800 - $188,100 for Manager, Counsel

Plano, TX: $149,800 - $171,000 for Manager, Counsel

Richmond, VA: $149,800 - $171,000 for Manager, Counsel

Riverwoods, IL: $149,800 - $171,000 for Manager, 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 candidate’s 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 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 (EOE, including disability/vet) committed to non-discrimination in compliance with applicable federal, state, and local laws. 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.

If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation, please contact Capital One Recruiting at 1-800-304-9102 or via email at [email protected] . All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.

For technical support or questions about Capital One's recruiting process, please send an email to [email protected]

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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).