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Capital One Logo Capital One · Finance

Principal Associate, Supplier Management

United States, McLean 109900.00 - 137900.00 USD / Year · Job Posted March 01, 2026
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Job Description

As a Principal Associate, Supplier Management you will be responsible for the holistic relationship between Capital One and key third parties, enabling a well-managed and adaptable supply chain. You will work closely with internal team members establishing and maintaining relationships with internal business customers and assigned suppliers. This role is essential in the delivery of key cost, risk, and performance management-related efforts for third-party relationships, in addition to identifying strategic opportunities for growth and/or greater return on investment.

Job Responsibility

  • Problem Solving & Strategy Advice: Provide problem-solving and innovative ideas to support internal customers. Identify value-generating opportunities (e.g. savings, efficiencies, or revenue growth)
  • Negotiation: Partner to negotiate contracts for a broad range of services for Capital One
  • Relationship Management: Serve as a primary point of contact for third parties and manage an effective governance between Capital One and assigned third parties
  • Collaboration: Partner with internal risk groups to ensure third party relationships are compliant with all relevant policies and procedures
  • Risk Management: Monitor and ensure successful delivery against third party contractual obligations
  • Process Management: Accountable for policy requirements for all managed third-party relationships. Plan and lead periodic reviews and assessments of supplier relationships
  • Supplier Sourcing: Maintain awareness of external marketplace as it relates to your suppliers and perform sourcing activities where appropriate

Requirements

  • High School Diploma, GED or Equivalent Certification
  • At least 3 years of experience in Relationship Management, Supplier Management, Project Management, or Process Management, or a combination of these

Nice to have

  • Bachelor's degree or military experience
  • At least 4 years of experience in Procurement, Sourcing, Operations Management, or Risk Management

What we offer

  • performance based incentive compensation, which may include cash bonus(es) and/or long term incentives (LTI)
  • comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being
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