Director of Strategic Sourcing

6 days ago

Wilmington, Delaware, United States Capital One Full time
About the Role

We are seeking a seasoned Director of Strategic Sourcing to lead our Enterprise Supplier Management (ESM) Team. As a key member of our procurement organization, you will be responsible for cultivating a culture of inclusion and belonging, where varying perspectives and opinions are valued.

In this role, you will work closely with internal team members to establish and maintain relationships with internal business customers, account teams, and assigned suppliers. Your expertise will be 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
  • Problem Solving & Strategy Advice: Provide innovative ideas to support internal customers, identifying value-generating opportunities (e.g. savings, efficiencies, or revenue growth).
  • Negotiation: Partner to negotiate contracts for a broad range of services for Capital One.
  • Relationship Management: Serve as a primary point of contact for third parties and manage effective governance between Capital One and assigned third parties.
  • Collaboration: Partner with internal risk groups to ensure third-party relationships are compliant with all relevant policies and procedures.
  • Risk Management: Monitor and ensure successful delivery against third-party contractual obligations.
  • Process Management: Accountable for policy requirements for all managed third-party relationships, planning and leading periodic reviews and assessments of supplier relationships.
  • Supplier Sourcing: Maintain awareness of the external marketplace as it relates to your suppliers and perform sourcing activities where appropriate.
  • Coaching and Mentoring: Serve as a people manager, coach, and mentor to develop less seasoned and experienced Supplier Managers in their development.
Requirements
  • At least 5 years of experience in Supplier Management, Relationship Management, or Procurement.
  • At least 6 years of experience in Process Management or Project Management.
  • At least 4 years of experience in Risk Management.

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.

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