West Creek 7 (12077), United States of America, Richmond, Virginia

Supply Chain - Contract Enablement, Principal Associate

Enterprise Supplier Management (ESM) Operations is adding to the team. The individual will be supporting projects and processes across ESM and the Enterprise. This role will leverage contract knowledge and a process management framework to assist in making the buying process better for our associates and suppliers. In addition, this position will partner with our ESM counterparts in support of horizontal projects as needed.

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.

ESM's role is to bring procurement resources, tools, methodologies and judgment to business units to "get the right deal with the right supplier". This involves leading major sourcing and contracting initiatives in an effort to ensure that Capital One captures appropriate value for the company and meets acceptable corporate risk-profiles. We also manage transaction-related communications, negotiations, and contract development with third party suppliers in conjunction with and on the behalf of internal customers and the Capital One Legal Department. In addition, we work closely with other parts of the company that manage on-going supplier relationships, supplier reporting, supplier performance management, customer demand management, category strategy, and internal policy development.

Key Responsibilities Include:

• Problem Solving & Strategy Advice: Identify and Provide problem-solving and innovative ideas to support internal customers and platform advancement. Identify value-generating opportunities (e.g. process efficiencies, marketplace opportunities).
  
• Collaboration: Build key relationships and demonstrate partnership skills which are essential for interacting and communicating with key stakeholders across all levels to manage, inform, and influence outcomes
  
• Risk Management: Monitor and ensure data accuracy and contract compliance against policies and procedures by analyzing and correcting data discrepancies. Create and deliver process health and performance metrics
  
• Process/Project Management: Partner with leadership and internal groups to plan, design, manage and execute on project deliverables to ensure product delivery
  

You Should Have:

• Ability to work with limited supervision, prioritize and multi-task assignments
  
• Ability to take ownership and solve problems autonomously
  
• Strong understanding of contracts
  
• Ability to understand technology and connection with process
  
• Ability to assimilate data from various sources and make accurate judgement based decisions
  
• High organizational skills with an ability to remain focused and flexible to an ever changing environment
  

Basic Qualifications:

• At least 1 years of experience in Relationship Management, Supplier Management, Project Management or Process Management
  

Preferred Qualifications:

• At least 1 year of experience in Google Suite
  
• At least 2 years of experience in Procurement, Legal or Supply Chain
  
• At least 2 years of experience creating and executing contracts
  
• At least 2 years of experience with negotiation strategies
  
• At least 1 year of experience with Coupa Business Spend Management Platform
  

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

No agencies please. Capital One is an Equal Opportunity Employer committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to sex, race, color, age, national origin, religion, physical and mental disability, genetic information, marital status, sexual orientation, gender identity/assignment, citizenship, pregnancy or maternity, protected veteran status, or any other status prohibited by applicable national, federal, state or local law. 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.

If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation, please contact Capital One Recruiting at 1-800-304-9102 or via email at RecruitingAccommodation@capitalone.com . All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.

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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).