Supplier Manager (technology / It Suppliers - Financial Services Focus) - Principal Associate

Capital One Capital One · Banking · Nottingham, United Kingdom

Supplier Manager role focused on Technology/IT suppliers within Capital One's UK Supplier Management Office. Responsibilities include end-to-end third-party lifecycle management, relationship oversight, contract management, and ensuring compliance with policies in a regulated financial services environment.

What you'd actually do

  1. Be the assigned Supplier Relationship Manager for the key relationships you manage, and will be responsible for undertaking all required activities to comply with Capital One's Third Party Management Policy at all stages of the Supplier life cycle (Due Diligence / Selection / Contracting / Onboarding / Monitoring / Offboarding).
  2. You will work alongside peers within SMO including other Supplier Relationship Managers, our Risk and Governance team, and our Sourcing function.
  3. Act as the primary point of contact for your suppliers and internal business stakeholders. You will manage an effective governance structure to enable the appropriate level of communication and interaction between Capital One and your suppliers.
  4. Build up a detailed knowledge of your supplier’s business so that you can build credibility with your numerous internal and external supplier stakeholders, deliver the best service for Capital One through your suppliers, and help establish a longer term strategic path for the business within your category of suppliers.
  5. Work closely with your internal business customers to understand issues, continuous improvement suggestions, new work requirements etc. This will allow you to lead /facilitate appropriate discussions with your suppliers to drive the right value back into our business.

Skills

Required

  • Excellent and demonstrable communication, relationship building and stakeholder management skills.
  • Ability to build strong internal and external relationships
  • Capital One operates in a truly collaborative environment, as such we need a real team player who will focus on both individual goals - but also the wider success of the SMO function and Capital One UK business.

Nice to have

  • Relevant Supplier Relationship Management Experience with demonstrable results and outcomes. We would like to see specialism in Supplier Relationship Management, with strong commercial, risk management, analytical, problem resolution skills
  • Previous experience of Risk Management as a core component of your role. We operate in a highly regulated industry so having an eye for detail and ensuring full compliance with all Corporate and Business Unit level policies and procedures is a must.
  • Contracting experience. This role requires the role holder to work closely with COEP Legal to deliver Framework Agreements as well as core MSA’s & SOW’s across your supplier base
  • We are looking for someone with enthusiasm and passion for Supplier Relationship Management. Someone who has, and is prepared to continue to develop, fully rounded end to end lifecycle specialisms and skills.
  • Experience in the IT / Technology Procurement category

What the JD emphasized

  • highly regulated industry
  • full compliance with all Corporate and Business Unit level policies and procedures is a must