Sourcing & Supply Chain Specialist - Principal Associate

Nottingham Trent House (95002), United Kingdom, Nottingham, Nottinghamshire - Sourcing & Supply Chain Specialist - Principal Associate

About this role

This is an exciting opportunity for you to join Capital One's UK Supplier Management Office (SMO) as a Principal Associate. We are looking for skills across the Supply Chain (Sourcing to Supplier Management). The SMO is responsible for the end-to-end Third Party lifecycle in the UK, including sourcing, contracting and ongoing supplier/vendor relationship management.

We're looking for someone passionate about end to end supply chain management with an interest in sourcing best practice, community of practice, and supplier management. Reporting to the Sourcing Lead, you'll help deliver on our strategy, partner with stakeholders to understand market options, and execute buy decisions. You'll also support the UK Sourcing Community of Practice, and operate as a Supplier Manager across categories as needed.

What you'll do

• Act as a sourcing & supply chain subject matter expert working with Category Leads, Supplier Managers and the wider business on procurement activities and best practices
• Execute on agreed sourcing opportunities including RFI, RFP, RFX, direct negotiations and contract renewals
• Collaborate with the wider Supplier Management team to support category activities such as negotiation of commercial terms
• Develop supply market knowledge, undertake benchmarking, and bring external insight to the team
• Develop internal and external relationships to understand changes in the business environment and deliver on business goals
• Ensure corporate and business unit policies and procedures are adhered to and appropriate documentation exists for sourcing and selection events
• Support building a Sourcing Community of Practice within our team
• Manage third party relationships with suppliers, ensuring compliance with Capital One's Third Party Management Policy throughout the supplier life cycle. Act as the primary point of contact, managing governance and communication
• Travel to Capital One sites and events as required

What we're looking for

• Passion for end to end supply chain management, interest in sourcing best practice and supplier management (desirable)
• Experience in Procurement or Supply Chain functions with sourcing skills (essential) and supplier management skills (highly desirable)
• Flexibility to undertake a diverse role across the third party lifecycle and categories (essential)
• Supplier Relationship Management experience with demonstrable results, commercial, risk management and analytical skills (desirable)
• Strong commercial negotiation experience (essential)
• Excellent communication, relationship building and stakeholder management skills (essential)
• Risk Management experience as core component (desirable)
• Contracting experience delivering Framework Agreements, MSAs & SOWs (desirable)
• Ability to build strong internal and external relationships (essential)
• Experience in the Financial Services sector or similar (desirable)

Workplace

This is a permanent position based in our Nottingham offices. Our hybrid working model offers flexibility to work from office and home. We encourage associates to use the office on Tuesdays, Wednesdays and Thursdays, with days led by work type and partner patterns. Flexible arrangements can be discussed.

Benefits

• Rewarding role contributing to the roadmap of an organization committed to transformation
• Strong career progression opportunities and training programs (Capital One University)
• Immediate access to core benefits: pension scheme, bonus, generous holiday entitlement, and private medical insurance, plus flexible benefits such as season ticket loans, cycle to work scheme and enhanced parental leave
• Open plan workspaces and accessible facilities - fully serviced gym, subsidised restaurant, mindfulness and music rooms

Diversity & Inclusion

We are committed to creating a level playing field and nurturing a diverse workforce. We welcome candidates from under represented groups, including women, the LGBTQ+ community, and ethnic minorities.

Capital One is committed to diversity in the workplace.

Equal Opportunity & Reasonable Adjustment

We pride ourselves on hiring the best people, not the same people. We support diverse talent and apply a fair and accessible recruitment process. If you require a reasonable adjustment, please contact .

Recruitment Process

Our recruitment process is fair, transparent, and accessible. We partner with organisations such as Women in Finance, Race At Work, Stonewall, and upReach to find and support talent. Internal networks and support groups include:

• REACH - Race Equality and Culture Heritage group
• OutFront - LGBTQ+ support group
• Mind Your Mind - mental wellbeing support
• Women in Tech - an inclusive tech environment
• EmpowHER - female leadership network