About this role
Location: Nottingham Trent House, Nottingham, United Kingdom.
This is an exciting opportunity to join Capital One’s UK Supplier Management Office (SMO) as a Principal Associate. The SMO is responsible for managing the end‑to‑end third‑party life cycle for Capital One in the UK, including sourcing, contracting, and ongoing supplier/vendor and relationship management. The Principal Associate reports to the Sourcing Lead and will help the business deliver on our strategy and goals.
Key responsibilities
- Act as a sourcing and supply‑chain subject‑matter expert working with Category Leads, Supplier Managers and the wider business on procurement activities and best practices.
- Execute agreed sourcing opportunities including RFI, RFP, RFX, direct negotiations and contract renewals.
- Collaborate with the Supplier Management team to support broader category activities (e.g., negotiation of commercial terms).
- Develop supply‑market knowledge, undertake benchmarking and work with research partners to bring external insight to the team.
- Build relationships internally and externally to understand changes in the business environment and support business goals.
- Ensure corporate and business‑unit level policies and procedures are adhered to and appropriate documentation exists for all sourcing and selection events.
- Support the building of a UK Sourcing Community of Practice.
- Manage third‑party relationships with suppliers, ensuring compliance with Capital One’s Third‑Party Management Policy throughout the supplier life cycle.
- Serve as the primary point of contact for suppliers and internal stakeholders, managing governance structures for effective communication.
- Travel to Capital One sites and events as required.
What we’re looking for
- Experience in procurement or supply‑chain functions with sourcing skills (essential) and supplier‑management skills (highly desirable).
- Flexibility and willingness to undertake a diverse role across the third‑party lifecycle and categories.
- Demonstrable supplier relationship management experience with strong commercial, risk‑management, analytical and problem‑resolution skills.
- Strong commercial negotiation experience.
- Excellent communication, relationship‑building and stakeholder‑management skills.
- Experience with risk management as a core component of the role.
- Contracting experience, including delivery of framework agreements, core MSAs and SOWs.
- Prior experience in a regulated industry with a keen eye for detail and compliance.
- Experience in the financial services sector or a similar industry (desirable).
Benefits and working arrangements
- Permanent position based in Nottingham offices with a hybrid model (work from home and office; office days typically Tuesday‑Thursday).
- High performers receive strong career‑progression opportunities and training through Capital One University.
- Immediate access to core benefits: pension scheme, bonus, generous holiday entitlement and private medical insurance.
- Flexible benefits: seasonal‑ticket loans, cycle‑to‑work scheme and enhanced parental leave.
- Open‑plan workspaces, accessible facilities, gym, subsidised restaurant, mindfulness and music rooms.
Equality and diversity
We are committed to creating a level playing field and seek to build teams that are representative of our customers and communities. We encourage applications from women, LGBTQ+ individuals and ethnic minority candidates. For reasonable adjustments, please contact ukrecruitment@capitalone.com.
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