Financial Services Sourcing & Supply Chain Specialist - Principal Associate

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 .