Principal Associate, Supplier Management

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

Own the end-to-end relationship between Capital One and key third-party suppliers to enable a well-managed, adaptable supply chain. Partner with internal business customers and suppliers to deliver cost, risk, and performance management for third-party relationships, while supporting strategic opportunities for savings and ROI. Lead governance and periodic reviews, monitor contractual obligations, collaborate with internal risk partners for compliance, and perform basic sourcing activities as needed.

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FursaFursa
Discover Financial
Discover Financial
2 days ago

Principal Associate, Supplier Management

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Canonical indexed version, validated from employer's careers page.

Source: Company careers pageValidated by: Fursa AI
Last checked: 18 hours agoStatus: Live
Reposted: similar role first listed 1 month ago

Job Summary

Own the end-to-end relationship between Capital One and key third-party suppliers to enable a well-managed, adaptable supply chain. Partner with internal business customers and suppliers to deliver cost, risk, and performance management for third-party relationships, while supporting strategic opportunities for savings and ROI. Lead governance and periodic reviews, monitor contractual obligations, collaborate with internal risk partners for compliance, and perform basic sourcing activities as needed.
Location: Richmond
Workplace: Onsite
Employment Type: Full time
Job Function: Communications, PR & Community
Seniority: Mid level

Key Responsibilities

  • •Support the creation and execution of strategic, innovative solutions for internal customers to identify value-generating opportunities such as savings, efficiencies, or revenue growth.
  • •Negotiate basic contracts for a broad range of products and services for Capital One.
  • •Serve as a point of contact for third parties and manage governance between Capital One and assigned third parties.
  • •Partner with business units and internal risk groups to ensure third-party relationships comply with relevant policies and procedures.
  • •Monitor delivery against third-party contractual obligations 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.
  • •At least 4 years of experience in Procurement, Sourcing, Operations Management, or Risk Management.
  • •Bachelor's degree or military experience.
Experience:3+ yearsSupplier managementProcurementRelationship managementSourcingRisk management
Education:High School
Skills:NegotiationRelationship managementCollaborationRisk 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