Director, Assistant General Counsel - Global Payment Network, Network Participant Risk

Discover Financial
Richmond, Chicago, New York
Workplace: HybridFull timeUSD 209,500 - 286,900 annuallyFunction: Legal, Risk & ComplianceExperience: 8+ yearsEducation: professionalSkills: ["Analytical thinking","Problem-solving","Judgment","Communication","Relationship building"]

Join Capital One’s Global Payment Network Legal team to advise on legal risks in relationships with network participants, including issuers, acquirers, and network alliances. You’ll partner with business and risk stakeholders to identify, assess, and solve complex issues across fraud, brand risk, and participant oversight. Translate laws and regulations into actionable guidance, develop participant-facing rules and commercial terms, manage external counsel, and communicate risk strategies to senior audiences, regulators, and policymakers in a hybrid role.

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Discover Financial
Discover Financial
1 week ago

Director, Assistant General Counsel - Global Payment Network, Network Participant Risk

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Last checked: 11 hours agoStatus: Live

Job Summary

Join Capital One’s Global Payment Network Legal team to advise on legal risks in relationships with network participants, including issuers, acquirers, and network alliances. You’ll partner with business and risk stakeholders to identify, assess, and solve complex issues across fraud, brand risk, and participant oversight. Translate laws and regulations into actionable guidance, develop participant-facing rules and commercial terms, manage external counsel, and communicate risk strategies to senior audiences, regulators, and policymakers in a hybrid role.
Location: Richmond, Chicago, New York
Workplace: Hybrid
Employment Type: Full time
Job Function: Legal, Risk & Compliance
Seniority: Director level

Key Responsibilities

  • •Provide strategic, clear legal advice on complex network participant risk issues including fraud, high brand risk, and participant oversight.
  • •Collaborate with business and risk stakeholders to identify and assess legal risks and solve complex problems.
  • •Translate applicable laws, regulations, and legal requirements into actionable advice.
  • •Develop and maintain participant-facing rules and commercial terms to mitigate risk.
  • •Manage external counsel and coordinate senior-facing legal presentations and strategic communications for regulators and policymakers.

Pay and Benefits

Salary: USD 209,500 - 286,900 annually
Perks:Health InsuranceDentalVision401kPaid LeaveLearning Budget

Key Requirements

  • •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, government agency, military judge advocate role, or in-house counsel.
  • •Experience advising on financial services and risk management.
  • •Demonstrated experience with fraud, AML, and/or risks posed by highly regulated industries in a financial ecosystem (preferred).
Experience:8+ yearsFinancial servicesPayments industryFraudAMLRegulated industries
Education:Professional (JD, MD, etc.)
Skills:Analytical thinkingProblem-solvingJudgmentCommunicationRelationship building

Eligibility

Work Authorization:Authorization required. Sponsorship not provided.

Company Brief

Discover Financial
Provides consumer banking products, credit cards, personal loans, and payment services through the Discover brand. It operates a major U.S. financial network and serves individuals and merchants with lending and digital payment solutions.
Industry: Retail Banking
Company Size: Enterprise (1,001+ employees)
Revenue: USD 10M to 25M
Growth: Public Company
Valuation: Public Company (Market Cap in USD)
Funding: IPO / Publicly Listed
Headquarters: Riverwoods, United States
Founded: 1985
WebsiteLinkedIn