Principal Associate, Supplier Management

Overview

Principal Associate, Supplier Management

At Capital One, our Enterprise Supplier Management (ESM) teams are seeking a Principal Associate, International 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. 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, you will be responsible for the supplier relationship lifecycle, spanning from sourcing through offboarding. You will act as a key operational partner, executing on supplier management initiatives and contributing to the standardization of global best practices. This role requires a practical, hands-on approach to problem-solving. You will often navigate evolving environments where process steps are not fully defined, requiring you to proactively seek clarity and execute on tactical direction from leadership to ensure consistent, timely results. Utilizing procurement methodologies and analytics, you will ensure that supplier solutions meet requirements across diverse categories, such as IT/SaaS, Professional services, Travel, Financial, HR, and Marketing.

We are seeking a collaborative professional who excels at cross-functional teamwork. If you are looking for an environment that values your unique ideas and celebrates your contributions, we want to hear from you. 

Key responsibilities include: 

• Teamwork & Strategic Support : Support the creation and execution of strategic and innovative solutions that drive value across our global footprint. Actively support the standardization of supplier management frameworks to foster operational excellence across our procurement teams.

• Contractual Alignment : Partner with subject matter experts to integrate specialized feedback into contract terms, ensuring alignment with global requirements and internal standards.

• Stakeholder Engagement : Act as the primary liaison for third-party entities and facilitate robust governance structures between Capital One and its external partners. You will collaborate with a variety of international business divisions and global risk departments to maintain compliance across different legal jurisdictions and ensure the uniform implementation of policies.

• Mitigating Risk : Ensure third parties meet all contractual obligations through consistent activity monitoring. You will be responsible for ensuring all managed third-party relationships adhere to policy requirements, while also planning and executing routine supplier relationship assessments and reviews.

• Sourcing Suppliers : Lead innovative procurement efforts that emphasize balancing speed, quality, and cost to fulfill internal requirements while making sure every partner meets our standards.

• Tactical Execution & Problem Solving : Demonstrate agility in navigating ambiguous tasks by identifying creative solutions and proactively seeking guidance when processes are undefined. You will take ownership of tactical assignments, translating managerial direction into high-quality deliverables to streamline our operational workflow and support team objectives. This is an individual contributor role. 

Note: Limited travel may be required.

Basic Qualifications: 

• High School Diploma, GED or Equivalent Certification

• At least 3 years of experience in Sourcing, 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 global third-party portfolios, including navigating cross-border regulatory environments, diverse operational landscapes, and multi-region stakeholder groups.

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.

McLean, VA: $120,800 - $137,900 for Principal Assoc., Supply Chain

Richmond, VA: $109,900 - $125,400 for Principal Assoc., Supply Chain

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).