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Analyst, Supplier Management

Job ID R90375 Updated date 01/21/2020 Location Richmond, Virginia
West Creek 7 (12077), United States of America, Richmond, Virginia

At Capital One, we’re building a leading information-based technology company. Still founder-led by Chairman and Chief Executive Officer Richard Fairbank, Capital One is on a mission to help our customers succeed by bringing ingenuity, simplicity, and humanity to banking. We measure our efforts by the success our customers enjoy and the advocacy they exhibit. We are succeeding because they are succeeding.                                               

Guided by our shared values, we thrive in an environment where collaboration and openness are valued. We believe that innovation is powered by perspective and that teamwork and respect for each other lead to superior results. We elevate each other and obsess about doing the right thing. Our associates serve with humility and a deep respect for their responsibility in helping our customers achieve their goals and realize their dreams. Together, we are on a quest to change banking for good.

Analyst, Supplier Management

The Enterprise Supplier Management (ESM) Analyst’s primary responsibility is to provide decision support and financial analysis to the Enterprise Supplier Management organization.  This will include model building and scenario analysis in support of strategic buying decisions, spend data analysis, market trend analysis, and operational performance management. The role requires strong communication, problem solving, critical thinking, and influencing skills in order to effectively articulate outcomes of analysis and relevant insights and develop presentations to communicate business and analysis results to senior audiences.

Procurement process improvement through data analysis -

  • Map category and organization spend data.  Analyze to identify supply base rationalization opportunities and cross-enterprise supplier management opportunities

  • Assist with efforts to create a rich data environment that enables operational leaders and analysts to drive more impactful business decisions and efficiencies through spend and transaction transparency

  • Develop user friendly monthly dashboard and department / organization KPIs through the use of Tableau or other analytical / BI tools

  • Provide financial analysis through cost savings calculation modeling and / or validation.  Improve the quality and discipline of the savings forecasts

  • Provide analytical support in researching market trends and updating key market indices.  Leverage Gartner and other services / tools to provide relevant reporting and information to the team.  Coordinate Analyst calls with these services as needed

  • Early engagement in complex, high value sourcing efforts

  • Influence decision making process to ensure optimal decision is made from analytical perspective
  • Ensure analytical rigor is incorporated into key sourcing engagements.  Join select sourcing efforts at onset to:

    • Model existing cost structure to enable baseline comparisons

    • Leverage ESM Analyst resources to identify potential suppliers

    • Work with team to define supplier selection model

    • Develop quote template and quote analysis model

    • Calculate cost impact / savings from final deal

Basic Qualifications

  • Bachelor’s Degree or military experience

  • At least 3 years’ experience in financial analysis or operational analysis

  • At least 3 years’ experience with Microsoft Excel and Microsoft PowerPoint

Preferred Qualifications

  • 4+ years’ experience in financial analysis or operational analysis

  • 4+ years’ experience with financial modeling

  • 3+ years’ experience in strategic analysis & planning

  • Experience with Tableau or other Data visualizations

  • Proven business relationship, communication, interpersonal, and influencing skills

  • Demonstrated independent problem solving and strategic thinking abilities

  • Strong teamwork skills; ability to positively contribute to overall success of the team

At this time, Capital One will not sponsor a new applicant for employment authorization for this position.

No agencies please. Capital One is an Equal Opportunity Employer committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to sex, race, color, age, national origin, religion, physical and mental disability, genetic information, marital status, sexual orientation, gender identity/assignment, citizenship, pregnancy or maternity, protected veteran status, or any other status prohibited by applicable national, federal, state or local law. Capital One promotes a drug-free workplace. Capital One will consider for employment qualified applicants with a criminal history in a manner consistent with the requirements of applicable laws regarding criminal background inquiries, including, to the extent applicable, Article 23-A of the New York Correction Law; San Francisco, California Police Code Article 49, Sections 4901-4920; New York City’s Fair Chance Act; Philadelphia’s Fair Criminal Records Screening Act; and other applicable federal, state, and local laws and regulations regarding criminal background inquiries.

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Capital One Financial is made up of several different entities. Please note that any position posted in Canada is for Capital One Canada, any position posted in the United Kingdom is for Capital One Europe and any position posted in the Philippines is for Capital One Philippines Service Corp. (COPSSC).