Director, Assistant General Counsel - Global Payment Network, Credit Risk & Fraud

Company: Discover Financial Services
Location: Richmond
Posted on: March 16, 2026

Job Description:

The Capital One Legal Department is an outstanding team at a Fortune 100 Company that is consistently voted one of the best places to work in the U.S. You will find that the Legal Department is not a “check the box” function but instead, an important voice and strategic partner in all aspects of the business. You will be a part of a collaborative environment that values your insight, encourages you to take on new responsibility, promotes continuous learning, and rewards innovation and intellectual curiosity. We’re looking for an experienced and collaborative legal leader to join our growing Payments Network Legal team. In this role, you will provide legal counsel and support to the business partners and second line of defense teams managing counterparty credit risk, network participant oversight, fraud, and chargebacks and disputes. About the Role: The attorney will be responsible for collaborating with various stakeholders on Global Payment Network business and risk teams and other second line of defense teams to identify and assess legal risks and problem solve complex issues. The ideal candidate should have expertise in financial services and risk management. This position will have responsibility for: Providing expert counsel and strategic guidance across a critical spectrum of areas, including: counterparty credit risk, network participant oversight, fraud products, network fraud, high brand risk, and chargebacks and disputes Collaborating with Global Payment Network business teams, the Business Risk Office, and Compliance stakeholders to address risks, develop creative solutions, and resolve issues Supporting agreements, products, and communications for the critical spectrum of areas being supported; serving as the Legal Department subject matter expert for those areas Regular interactions with senior business partners, Legal Department subject matter experts, and other business attorneys The successful candidate will have the following: Top tier smarts and analytical skills 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 - we’re 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 as an attorney in a law firm environment, at a government agency, as a military judge advocate, or as in-house counsel Preferred Qualifications: 10 years of experience in a law firm environment, at a government agency, as a military judge advocate, or as in-house counsel 5 years experience in financial services Experience with secured lending and financing Experience with commercial bankruptcy and insolvency 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. 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 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 RecruitingAccommodation@capitalone.com . 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 Ones recruiting process, please send an email to Careers@capitalone.com Capital One does not provide, endorse nor guarantee and is not liable for third-party products, services, educational tools or other information available through this site. 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).

Keywords: Discover Financial Services, Tuckahoe , Director, Assistant General Counsel - Global Payment Network, Credit Risk & Fraud, Legal , Richmond, Virginia