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About the Role

As a Principal Associate, Supplier Management, you will be responsible for the holistic relationship between Capital One and key third parties, enabling a well-managed and adaptable supply chain. You will work closely with internal team members establishing and maintaining relationships with internal business customers and assigned suppliers. This role is essential in the delivery of key cost, risk, and performance management-related efforts for third-party relationships, in addition to supporting the identification of strategic opportunities for growth and/or greater return on investment.

Responsibilities

Support the creation and execution of strategic and innovative solutions to support internal customers that can identify value-generating opportunities (e.g. savings, efficiencies, or revenue growth).
Ability to negotiate basic contracts for a broad range of products and services for Capital One.
Serve as a point of contact for third parties and manage an effective governance between Capital One and assigned third parties.
Ability to partner with business unit(s) and internal risk group(s) to ensure third party relationships are compliant with all relevant policies and procedures.
Monitor and ensure successful delivery against third party contractual obligations.
Accountable for policy requirements for all managed third-party relationships.
Plan and lead periodic reviews and assessments of supplier relationships.
Maintain awareness of external marketplace as it relates to your suppliers and perform basic sourcing activities where appropriate.

Requirements

High School Diploma, GED or Equivalent Certification
At least 3 years of experience in Relationship Management, Supplier Management, Procurement, Project Management, Process Management, or a combination of these.

Location

Sales Territory
Plano, TX
McLean, VA
Richmond, VA
New York, NY
Riverwoods, IL

Work Type

Full-time

Experience Level

Principal Associate

Education Level

High School Diploma, GED or Equivalent Certification
Bachelor's degree or military experience

Salary/Compensations

Sales Territory: $109,900 - $125,400
Plano, TX: $109,900 - $125,400
McLean, VA: $120,800 - $137,900
Richmond, VA: $109,900 - $125,400
New York, NY: $131,800 - $150,500
Riverwoods, IL: $109,900 - $125,400

Benefits

Comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being.
Eligible to earn performance based incentive compensation, which may include cash bonus(es) and/or long term incentives (LTI).

About the Company

At Capital One, our Enterprise Service Management (ESM) teams are seeking a Principal Associate, Supplier Management. In ESM, we empower associates to deliver their best by cultivating a culture of inclusion and belonging, where varying perspectives and opinions are valued. We embrace each other’s differences and encourage all team members to lean into their talents and skills to deliver superior experiences for both internal and external clients.

Equal Opportunity

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.