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Capital One

Principal Associate, Supplier Management

Capital One, Mc Lean, Virginia, us, 22107

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Principal Associate, Supplier Management

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

Principal Associate, Supplier Management

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

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. 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 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:

High School Diploma, GED or Equivalent Certification.

At least 3 years of experience in Relationship Management, Supplier Management, Project Management, Process Management, or a combination of these.

Preferred Qualifications:

At least 4 years of experience in Procurement, Sourcing, Operations Management, Risk Management or a combination of these.

McLean, VA: $117,300 - $133,900 for Principal Assoc., Supply Chain

Richmond, VA: $106,700 - $121,700 for Principal Assoc., Supply Chain

Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well‑being.

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.

For accommodations please contact RecruitingAccommodation@capitalone.com. For technical support please contact Careers@capitalone.com.

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