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Principal Associate, Supply Chain Management
4 months ago
Principal Associate, Supply Chain Management
At Capital One, we dare to dream, disrupt and deliver a better way. Our goal is simple - bring ingenuity, simplicity and humanity to an industry ripe for change. We are seeking a Principal Associate, Supply Chain to join our Enterprise Supplier Management (ESM) Team. 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.
As a Principal Associate, Supply Chain, 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, account teams and suppliers. This role will be expected to manage procurement needs for Consulting & Professional Services on our Non-Associate Labor (NAL) team. This role is responsible for ensuring that Enterprise Supplier Management is delivering value to our internal customers while respecting the policies and procedures that govern the transaction/relationship. You will be expected to develop Non-Associate Labor sourcing strategies, supplier communications, request for proposals (and related due diligence), cost analytics, supply market analysis, deal strategy, pricing strategy, deal negotiations (contract terms and conditions, scopes of work, pricing, service levels, etc.), contract development, and contract administration. You will act as a central point of contact for a transaction and is responsible for engaging all the internal parties relevant to a given supplier transaction. In this role, you will have senior customers throughout the organization, so excellent influencing and communication skills are a must. At Capital One, Supply Chain Managers are expected to work in a collaborative environment with internal customers as well with other groups within the company.
If you enjoy connecting with others, collaborating on cross-functional teams and negotiating deals, we are looking for YOU. Come be a part of something special where you work with teams who appreciate your contributions and your thoughts and ideas are encouraged.
Key responsibilities include:
Problem Solving & Strategy Advice : Provide problem-solving and innovative ideas to support internal customers. Identify value-generating opportunities (e.g. savings, efficiencies, or revenue growth) by providing numerical analysis and optimization strategies.Negotiation: Partner to negotiate contracts for a broad range of services for Capital OneRelationship Management : Serve as a primary point of contact for third parties and manage an effective governance between Capital One and assigned third parties; building strong internal and external relationshipsProject Management : manage multiple projects concurrently in an autonomous environment; ability to generate and pursue ideas; complex project management skills; written and verbal communications with internal and external stakeholdersCollaboration : Partner with internal risk groups to ensure third party relationships are compliant with all relevant policies and procedures.Supplier Sourcing: Maintain awareness of external marketplace as it relates to your suppliers and perform sourcing activities where appropriate.
Basic Qualifications:
At least 4 years of experience in Supplier Management, Relationship Management or ProcurementAt least 3 years of analytical or negotiation experience
Preferred Qualifications:
At least 5 Years of experience in Supply Chain Consulting or Supplier ManagementAt least 4 Years of experience in contract review, or negotiation managementAt least 2 years of experience in Operations Management
At this time, Capital One will not sponsor a new applicant for employment authorization for this position.
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 committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to sex (including pregnancy, childbirth or related medical conditions), race, color, age, national origin, religion, disability, genetic information, marital status, sexual orientation, gender identity, gender reassignment, citizenship, immigration status, protected veteran status, or any other basis prohibited under applicable federal, state or local law. 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 ; 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.
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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).
