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Capital One · 4 hours ago

Principal Associate, Sourcing Manager

Plano, TX

Full-time

Onsite

Senior Level, Lead/Staff

$107K/yr - $122K/yr

5+ years exp

Capital One is a company that aims to bring ingenuity, simplicity, and humanity to an industry ripe for change. They are seeking a Principal Associate, Sourcing Manager to develop strategy and execute high risk procurement efforts while collaborating with business partners and subject matter experts to meet client needs.

BankingCredit CardsFinanceFinancial Services

Comp. & Benefits

No H1B

Responsibilities

Analyze external industry trends and benchmarks, as well as develop and share market insights

Clearly articulates cost drivers and pricing analysis for strategy formulation. Leads the development of make–versus-buy strategies

Leads innovative sourcing methods - balance cost, speed, and quality based on internal customer needs

Build strong internal and external relationships, understand the procurement parameters and look for new opportunities

Consult with internal clients and business partners to identify opportunities to drive cost savings and efficiency in the supply chain

Build buy in and communicate across multiple levels of the organization and across multiple lines of business

Manage multiple projects concurrently in an autonomous environment

Develop and implement procurement strategies including RFx, eSourcing, direct negotiations, etc

Use procurement software tools

Support the development and execution of category strategies

Support the negotiation of commercial terms for large contracts

Develop communications and presentations at the Executive level

Qualification

Strategic sourcingNegotiating supplier agreementsRisk managementProcurement software toolsCategory strategiesAnalytical proficiencyCommunication skillsProject management