Principal Associate, Supplier Management

Discover Financial
Richmond, Plano, New York, Chicago
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 third-party suppliers to support a well-managed, adaptable supply chain. Partner with internal business customers and assigned suppliers while managing governance, ensuring compliance, and monitoring performance against contractual obligations. Use negotiation skills to handle supplier contracts, lead periodic supplier reviews, and identify cost, risk, and performance opportunities that drive growth or improved ROI.

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Discover Financial
Discover Financial
2 weeks ago

Principal Associate, Supplier Management

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Last checked: 22 minutes agoStatus: Live

Job Summary

Own the end-to-end relationship between Capital One and key third-party suppliers to support a well-managed, adaptable supply chain. Partner with internal business customers and assigned suppliers while managing governance, ensuring compliance, and monitoring performance against contractual obligations. Use negotiation skills to handle supplier contracts, lead periodic supplier reviews, and identify cost, risk, and performance opportunities that drive growth or improved ROI.
Location: Richmond, Plano, New York, Chicago
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 (e.g., savings, efficiencies, 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 suppliers.
  • •Partner with business units and internal risk groups to ensure third-party relationships comply with relevant policies and procedures.
  • •Monitor and ensure delivery against third-party contractual obligations; plan and lead periodic supplier reviews and assessments.
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
  • •Bachelor’s degree or military experience
  • •At least 4 years of experience in procurement, sourcing, operations management, or risk management
Experience:3+ years
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