Principal Associate Third Party Manager

Discover Financial
Virginia
Workplace: OnsiteFull timeUSD 120,800 - 137,900 annuallyFunction: Communications, PR & CommunityExperience: 3+ yearsEducation: high_schoolSkills: ["Relationship management","Negotiation","Collaboration","Risk management","Process management"]

Own the end-to-end relationship between Capital One and key fraud and identity third-party suppliers, helping ensure an adaptable, well-managed supply chain. Partner with internal business teams and risk groups to maintain compliant governance, monitor third-party contractual delivery, and lead periodic reviews. Support strategic supplier initiatives, including cost/risk/performance management, basic sourcing activities, and negotiating contracts to generate value.

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Discover Financial
Discover Financial
22 minutes ago

Principal Associate Third Party Manager

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Source: Company careers pageValidated by: Fursa AI
Last checked: 22 minutes agoStatus: Live

Job Summary

Own the end-to-end relationship between Capital One and key fraud and identity third-party suppliers, helping ensure an adaptable, well-managed supply chain. Partner with internal business teams and risk groups to maintain compliant governance, monitor third-party contractual delivery, and lead periodic reviews. Support strategic supplier initiatives, including cost/risk/performance management, basic sourcing activities, and negotiating contracts to generate value.
Location: Virginia
Workplace: Onsite
Employment Type: Full time
Job Function: Communications, PR & Community
Seniority: Mid level

Key Responsibilities

  • •Support the creation and execution of strategic solutions that identify value-generating opportunities (savings, efficiencies, or revenue growth).
  • •Negotiate basic contracts for a broad range of products and services.
  • •Serve as a point of contact for third parties and manage governance between Capital One and assigned suppliers.
  • •Partner with business units and internal risk groups to ensure third-party relationships comply with relevant policies and procedures.
  • •Monitor third-party contractual delivery and lead periodic reviews and assessments of supplier relationships.
Travel: Low travel

Pay and Benefits

Salary: USD 120,800 - 137,900 annually

Key Requirements

  • •High School Diploma, GED, or Equivalent Certification.
  • •At least 3 years of experience in relationship management, supplier management, procurement, project management, process management, or a combination.
  • •Experience supporting supplier relationships with a focus on governance, compliance, and contractual obligations.
  • •At least 4 years of experience in procurement, sourcing, operations management, fraud and identity, or risk management (preferred).
  • •Bachelor's degree or military experience (preferred).
Experience:3+ yearsSupplier managementProcurementSourcingFraud and identityRisk management
Education:High School
Skills:Relationship managementNegotiationCollaborationRisk managementProcess management

Eligibility

Work Authorization:Authorization required. Sponsorship not provided.

Company Brief

Discover Financial
Provides consumer banking products, credit cards, personal loans, and payment services through the Discover brand. It operates a major U.S. financial network and serves individuals and merchants with lending and digital payment solutions.
Industry: Retail Banking
Company Size: Enterprise (1,001+ employees)
Revenue: USD 10M to 25M
Growth: Public Company
Valuation: Public Company (Market Cap in USD)
Funding: IPO / Publicly Listed
Headquarters: Riverwoods, United States
Founded: 1985
WebsiteLinkedIn