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Responsibilities of the role include:
Serving as the Legal SME for UDAAP for customer management, operations, and risk management controls;
Determining UDAAP risks events, issues, complaints, and monitoring and testing results across the company may present and advising Compliance and Legal on recommended mitigation steps and how to document such risks;
Advising on sweepstakes and promotions;
Providing strategic and proactive leadership on trending legal and regulatory issues affecting the supported businesses and areas of expertise;
Ensuring timely identification, mitigation, resolution and reporting/escalation of existing and emerging legal issues and risks;
Identifying opportunities for and leading related projects to drive innovation in the consumer protection area;
Building and maintaining effective working relationships with internal and external stakeholder groups
A successful candidate will have:
Strong analytical skills, ability to interpret data, and attention to detail
Skills enabling provision of innovative and well-grounded advice that clearly identifies and describes legal risks presented and presents options to mitigate risks that balance regulatory risks and business needs, particularly when the law is unclear;
Ability to think creatively about how to most effectively and efficiently deliver legal advice and improve current processes, individually and as a team;
Excellent verbal and written communication skills with the ability to influence others;
Ability to work effectively in a rapid change environment, with minimal supervision, while managing large volumes of work including complex legal issues that may arise suddenly;
Demonstrated ability and desire to be a team player, who fosters meaningful relationships with colleagues and clients, and is seen as a trusted advisor and critical business partner;
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; and
Strong interest and proficiency in the use of modern technology, and with strong analytical, organizational, and prioritization skills.
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
Preferred Requirements:
2+ years of counsel or compliance experience with consumer finance laws, regulations, and disclosures, especially marketing and UDAAP/UDAP laws and regulations
In-house, corporate legal experience
A thorough knowledge of consumer protection laws, including TILA, TISA, ECOA, UDAAP, FCRA, FDCPA, SCRA, Dodd-Frank Act, and other accompanying regulatory consumer lending regulations
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
Experience counseling clients on digital initiatives and/or innovation a plus
Experience with Google Workspace a plus
This role is hybrid meaning associates typically spend about half their time (2-3 days per week) in-person at one of our offices listed on this job posting. Monday and Fridays are enterprise- wide virtual work days. Tuesday, Wednesday and Thursday are in-person days for associates to spend time together working in our beautifully-designed team areas.
. Eligibility varies based on full or part-time status, exempt or non-exempt status, and management level.
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 . All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.
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