Capital One
Principal Associate, Sourcing Manager
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Principal Associate, Sourcing Manager
role at
Capital One .
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, Sourcing 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.
Responsibilities
Analyze external industry trends and benchmarks, as well as develop and share market insights
Clearly articulate cost drivers and pricing analysis for strategy formulation and lead the development of make‑versus‑buy strategies
Lead innovative sourcing methods – balance cost, speed, and quality based on internal customer needs
Build strong internal and external relationships, understand procurement parameters and look for new opportunities
Consult with internal clients and business partners to identify opportunities to drive cost savings and efficiency in the supply chain
Build buy‑in and communicate across multiple levels of the organization and across multiple lines of business
Manage multiple projects concurrently in an autonomous environment
Develop and implement procurement strategies including RFx, eSourcing, direct negotiations, etc.
Use procurement software tools
Support the development and execution of category strategies
Support the negotiation of commercial terms for large contracts
Develop communications and presentations at the Executive level
Basic Qualifications
At least 3 years of experience in sourcing and procurement
At least 2 years of experience in risk management
At least 2 years of experience in negotiating supplier agreements
Preferred Qualifications
Bachelor's Degree or Military Experience
5+ years of experience in outsourcing and procurement
4+ years of experience in risk management
Salary Sales Territory: $106,700 - $121,700
Plano, TX: $106,700 - $121,700
McLean, VA: $117,300 - $133,900
Richmond, VA: $106,700 - $121,700
Wilmington, DE: $106,700 - $121,700
Other locations: salary range associated with that location, actual annualized salary offered at hire.
Additional Compensation 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.
Benefits Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well‑being. Eligibility varies based on full or part‑time status, exempt or non‑exempt status, and management level.
Seniority Level Mid‑Senior level
Employment Type Full‑time
Job Function Purchasing and Supply Chain
Equal Employment Opportunity Statement 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.
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Principal Associate, Sourcing Manager
role at
Capital One .
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, Sourcing 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.
Responsibilities
Analyze external industry trends and benchmarks, as well as develop and share market insights
Clearly articulate cost drivers and pricing analysis for strategy formulation and lead the development of make‑versus‑buy strategies
Lead innovative sourcing methods – balance cost, speed, and quality based on internal customer needs
Build strong internal and external relationships, understand procurement parameters and look for new opportunities
Consult with internal clients and business partners to identify opportunities to drive cost savings and efficiency in the supply chain
Build buy‑in and communicate across multiple levels of the organization and across multiple lines of business
Manage multiple projects concurrently in an autonomous environment
Develop and implement procurement strategies including RFx, eSourcing, direct negotiations, etc.
Use procurement software tools
Support the development and execution of category strategies
Support the negotiation of commercial terms for large contracts
Develop communications and presentations at the Executive level
Basic Qualifications
At least 3 years of experience in sourcing and procurement
At least 2 years of experience in risk management
At least 2 years of experience in negotiating supplier agreements
Preferred Qualifications
Bachelor's Degree or Military Experience
5+ years of experience in outsourcing and procurement
4+ years of experience in risk management
Salary Sales Territory: $106,700 - $121,700
Plano, TX: $106,700 - $121,700
McLean, VA: $117,300 - $133,900
Richmond, VA: $106,700 - $121,700
Wilmington, DE: $106,700 - $121,700
Other locations: salary range associated with that location, actual annualized salary offered at hire.
Additional Compensation 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.
Benefits Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well‑being. Eligibility varies based on full or part‑time status, exempt or non‑exempt status, and management level.
Seniority Level Mid‑Senior level
Employment Type Full‑time
Job Function Purchasing and Supply Chain
Equal Employment Opportunity Statement 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.
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