Manager, Counsel - Enterprise Supplier Management, CAST Team (HYBRID)

Manager, Counsel - Enterprise Supplier Management, CAST Team (HYBRID)

The Team

CAST (Corporate and Strategic Transactions) is a team within Capital One's Legal Department that is at the tip of the spear in executing on Capital One's transactional activity, including mergers & acquisitions, strategic investments, complex procurement and outsourcing contracts, line of business transactions, card programs, and corporate real estate transactions. In addition, the diverse group of attorneys and other legal professionals within CAST advise our diversified businesses on a broad range of business matters in a constantly changing, stimulating and collegial environment. Through its bold initiatives, state of the art infrastructure, breadth of talent, and dynamic work environment, the Legal Department of Capital One has become one of the most highly admired corporate legal departments in the country.

Based in McLean and Richmond, CAST prides itself on providing its associates with an environment that fosters authenticity and a space for growth and development, and fostering a culture where each associate is respected and their individual contributions are valued. 

The Role

The Manager, Counsel role will be primarily responsible for managing a variety of procurement contracts escalated to Legal from our Enterprise Supplier Management (ESM) team, as well as providing advice and counsel to ESM. 

The Counsel is a hybrid business counsel/transactions counsel role that will be responsible for the following:

•  managing (including drafting and negotiating) procurement transactions that support Technology, Card, Retail and Commercial Bank, Auto Finance, Workplace Solutions, Brand, HR, Global Finance, and other lines of business and functional groups

• identifying legal issues and risks in procurement and outsourcing contracts and working with a variety of legal stakeholders to draft appropriate terms and conditions

• understanding and advising on internal guidelines and procedures

• building and maintaining strong relationships with ESM and legal stakeholders

• managing repeatable, controlled processes for transactional work

• when necessary, managing and coordinating outside counsel, including management of the delivery of services and cost

• creating reports, discussing trends/metrics with senior leaders in Legal and ESM, and creating and providing training on key issues and processes, as needed

• acting as a backup Legal representative as needed in risk gate meetings, exercising great judgment in determining whether a transaction is in scope for Legal engagement

• delegating/managing assignments to team of backup attorneys as needed  

The Person

The successful candidate will be a legal professional with proven ability to operate effectively in a complex, highly regulated, and evolving environment. The candidate will have a demonstrated ability and willingness to work as a team player, interacting with associates across departments and job levels; the ability to work in a fast-paced environment with minimal supervision; strong organizational skills with impeccable attention to detail; excellent analytical, verbal and written communication skills; and the ability to work cooperatively with internal constituents to create efficient processes and to get issues resolved across organizational boundaries. Exceptional drafting and negotiation skills and the ability to identify, lead and manage a negotiation team as well as the ability to manage multiple transactions, take on new responsibilities and handle novel issues is critical.

Basic Qualifications

• Juris Doctor from an accredited law school

• Active member in good standing of at least one state bar

• At least 2 years of experience as an attorney in a law firm, government or an in-house legal department, or a combination, with a focus on third party procurement, vendor or outsourcing transactions

Preferred Qualifications

• 3+ years of combined experience as an attorney in a law firm or in-house counsel legal department with a focus on third party procurement, vendor or outsourcing transactions

• 2+ years of experience providing advice and counsel on complex procurement transactions 

• 2+ years of experience in the financial services industry

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