Senior Manager, Contract Manager

Overview

Senior Manager, Contract Manager

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 Senior Manager, Contract Manager 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 Senior Manager, Contract Manager, you will work in a collaborative environment that values insight, creative thinking, problem solving, intellectual curiosity and a growth mindset.  You will partner with world-class professionals to bring procurement resources, tools, methodologies and judgment to business units.  You will work closely with internal business resources, stakeholders, and legal across the enterprise to help equip contracting with sensible, well-managed processes and controls necessary to ensure  all third-party agreements meet Capital One’s rigorous contracting standards, processes  and requirements. You will be responsible for updating and managing the full catalog of contracting templates used by ESM to support third-party engagements, and enable contracting efficiency by evolving the template library to fit the changing needs of business customers. Your role will also focus heavily on the thoughtful change management necessary to ensure all updates to contracting policies, procedures, systems, and templates are implemented in a manner that is well-communicated and socialized with necessary stakeholder groups, including ESM’s contract manager population. 

If you have a sincere attention to detail, value well-managed processes and procedures designed to drive adherence to rigorous standards, and enjoy collaborating on cross functional teams while leading effective change management practices in negotiating and driving deals to completion in a fast-paced, world-class procurement department, we are looking for YOU! Come be a part of something special where you work with teams who appreciate your contributions, and where your thoughts and ideas are encouraged. 

Key responsibilities include: 

• Contracting Processes/Controls Management: Coordinating and managing updates to critical contracting processes and controls designed to promote adherence to rigorous internal and external standards.

• Contracting Systems Management: Leading the management of systems that house ESM’s contracting templates and driving critical thinking and collaboration across ESM teams necessary to implement updates and ensure continuity in the contracting function.

• Contracting Templates Management: Working closely with stakeholder groups and contract management teams to update, streamline, and evolve contracting templates, playbook, and other training material in a manner that promotes efficiency while also maintaining Capital One’s contracting risk profile in line with an ever-changing legal, regulatory and market framework.

• Change Management: Designing and implementing thoughtful change management practices targeted to communicate critical information to appropriate stakeholder groups and minimize disruptions to the contracting function.

• Process Improvement: Acting as a thought partner in reviewing existing processes that impact contracting to implement changes towards increasing efficiency and effectiveness.

• Collaboration : Working closely with the larger ESM team, business teams and various stakeholders as appropriate.  

Note: Limited travel may be required.

Basic Qualifications: 

• Bachelor's Degree or Military experience

• At least 6 years of legal or professional experience in drafting, evaluating, negotiating and executing procurement contracts

Preferred Qualifications: 

• Juris Doctorate

• 7+ years of experience in drafting, evaluating, negotiating and executing procurement contracts

• 7+ years of experience creating and executing contracting and negotiation strategies

• 3+ years of process management experience

At this time, Capital One will not sponsor a new applicant for employment authorization for this position.

The minimum and maximum full-time annual salaries for this role are listed below, by location. Please note that this salary information is solely for candidates hired to perform work within one of these locations, and refers to the amount Capital One is willing to pay at the time of this posting. Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be regularly worked.

Plano, TX: $182,500 - $208,300 for Sr. Manager, Contracts

McLean, VA: $200,700 - $229,100 for Sr. Manager, Contracts

New York, NY: $219,000 - $249,900 for Sr. Manager, Contracts

Riverwoods, IL: $182,500 - $208,300 for Sr. Manager, Contracts

Richmond, VA: $182,500 - $208,300 for Sr. Manager, Contracts

Candidates hired to work in other locations will be subject to the pay range associated with that location, and the actual annualized salary amount offered to any candidate at the time of hire will be reflected solely in the candidate’s offer letter.

This role is also eligible to earn performance based incentive compensation, which may include cash bonus(es) and/or long term incentives (LTI). Incentives could be discretionary or non discretionary depending on the plan.

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 (EOE, including disability/vet) committed to non-discrimination in compliance with applicable federal, state, and local laws. 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 4901-4920; 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).