West Creek 7 (12077), United States of America, Richmond, Virginia Principal Associate, Supply Chain
As ayou 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 identifying strategic opportunities for growth and/or greater return on investment.
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).
- 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 an 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. Plan and lead periodic reviews and assessments of supplier relationships.
- Supplier Sourcing: Maintain awareness of external marketplace as it relates to your suppliers and perform sourcing activities where appropriate
Note: Limited travel may be required.
Basic Qualifications:
- At least 3 years of experience in Relationship Management, Supplier Management, Project Management, Process Management, or a combination
Preferred Qualifications:
- At least 4 years of experience in Procurement, Sourcing, Operations Management, Risk Management
. Eligibility varies based on full or part-time status, exempt or non-exempt status, and management level.
If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation, please contact Capital One Recruiting at 1-800-304-9102 or via email at . All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.