Description
We are seeking a Principal Associate, Supplier Management to join our Enterprise Service Management (ESM) team at Capital One. As a Principal Associate, Supplier Management, you will be responsible for managing 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 to establish and maintain relationships with internal business customers and assigned suppliers. Your role is essential in delivering key cost, risk, and performance management-related efforts for third-party relationships, as well as identifying strategic opportunities for growth and/or greater return on investment.
Key Responsibilities:
- Support the creation and execution of strategic and innovative solutions to support internal customers
- 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 effective governance between Capital One and assigned third parties
- Partner with business units and internal risk groups to ensure third-party relationships are compliant with all relevant policies and procedures
- Monitor and ensure successful delivery against third-party contractual obligations
- Plan and lead periodic reviews and assessments of supplier relationships
- Maintain awareness of external marketplaces related to your suppliers and perform basic sourcing activities where appropriate
Basic Qualifications:
- 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
Preferred Qualifications:
- Bachelor's degree or military experience
- At least 4 years of experience in Procurement, Sourcing, Operations Management, or Risk Management
Salary Information: The minimum and maximum full-time annual salaries for this role are:
- Sales Territory: $109,900 - $125,400
- McLean, VA: $120,800 - $137,900
- Richmond, VA: $109,900 - $125,400
- Riverwoods, IL: $109,900 - $125,400
Benefits: Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being.