Principal Associate, Supplier Management

Principal Associate, Supplier Management At Capital One, our Enterprise Supplier 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. 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. This role supports our ESM — Technology team, with preference for experience managing technology suppliers. You will work closely with internal team members to establish and maintain relationships with internal business customers and assigned suppliers, and will contribute to key cost, risk, and performance management efforts for third‑party relationships, as well as identifying strategic opportunities for growth and greater return on investment. Key Responsibilities Teamwork & Strategic Support: 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). Negotiation: Ability to negotiate basic contracts for a broad range of products and services for Capital One. Relationship Management: Serve as a point of contact for third parties and manage an effective governance between Capital One and assigned third parties. Collaboration: 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. 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 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, or a combination of these. Experience managing the key responsibilities with technology suppliers. Compensation Salary range: $109,900 – $125,400 (depending on location). #J-18808-Ljbffr Information Technology Senior Management Forum