Manager, Contract Management
Primary Address Richmond, Virginia
OverviewWest Creek 7 (12077), United States of America, Richmond, VirginiaManager, Contract Management
At Capital One, we dare to dream, disrupt and deliver a better way. Our goal is simple - bring ingenuity, simplicityand humanity to an industry ripe for change. We are seeking a Manager, Contract Manager to join ourEnterprise SupplierManagement (ESM) team. In ESM, we empower associates to deliver their best by cultivating aculture of inclusionand belonging, where varying perspectives and opinions are valued. We embrace each other’sdifferences andencourage all team members to lean into their talents and skills to deliver superior experiences forboth internal and external clients.
As a Manager, Contracts Manager, you will work in a collaborative environment that values insight, creative thinking, problem solving, intellectual curiosity and a growth mindset. You will partner with world-class professionals to bring procurement resources, tools, methodologies and judgment to business units. You will work closely with internal business resources, procurement stakeholders, legal and other stakeholders across the enterprise to ensure all third-party agreements meet Capital One’s contracting standards and requirements. As the lead for negotiating contracts with third parties, this role is essential in the execution of an agreement to manage and mitigate risk and lay out the responsibilities of the parties. You will draft and negotiate low to complex risk contracts to drive business value.
If you enjoy connecting with others, collaborating on cross-functional teams and negotiating deals, we are looking forYOU. Come be a part of something special where you work with teams who appreciate your contributions, and where your thoughts and ideas are encouraged.
Key responsibilities include:
Assessment and Planning: Assessing transactions and creating deal strategies. You will work closely with business customers and internal stakeholders to understand needs, determine the risks and design appropriate execution plans.
Drafting: Drafting and/or redlining contracts to ensure that Capital One is adequately protected from risk leveraging industry best practices and subject matter expertise
Negotiation: Effectively negotiate with Suppliers to produce contracts within Capital One contracting standards and business objectives. You will be responsible for planning and executing negotiation strategy in a timely manner while remaining flexible to changing circumstances and partnering with internal team resources as needed.
Transaction Management: Managing transactions independently, efficiently and driving to completion in a timely manner. As the central point of contact for each contract, you will leverage your organizational skills and influence to ensure deals are negotiated and executed in accordance with business and ESM timelines.
Communication: Effectively communicating with fellow associates, leadership, and third parties. You will regularly communicate with internal stakeholders including the line of business, legal, compliance and data security groups to determine what risks are truly material in each transaction.
Collaboration: Working closely with the larger ESM team, and stakeholders as appropriate. You will be expected to coach and develop less experienced Contract Managers.
Strategic Advice: Serving as a subject matter expert on Capital One’s Contract and Third Party Management Policies & Procedures. You will explain what we do and why we do it to minimize risk while building a better way to protect the broader organization.
At least 4 years of experience in contract drafting, evaluation, negotiation, and execution.
Bachelor's Degree or Military experience
4+ years Procurement, Legal or Supply Chain experience
4+years of experience in reviewing contract redlines and proposals as part of RFP’s
4+ years of experience creating and executing contracting and negotiation strategies
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.
If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation, please contact Capital One Recruiting at 1-800-304-9102 or via email at RecruitingAccommodation@capitalone.com. All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.
For technical support or questions about Capital One's recruiting process, please send an email to Careers@capitalone.com
Capital One does not provide, endorse nor guarantee and is not liable for third-party products, services, educational tools or other information available through this site.
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).
How We Hire
We take finding great coworkers pretty seriously.
Step 1 Apply
It only takes a few minutes to complete our application and assessment.
Step 2 Screen and Schedule
If your application is a good match you’ll hear from one of our recruiters to set up a screening interview.
Step 3 Interview(s)
Now’s your chance to learn about the job, show us who you are, share why you would be a great addition to the team and determine if Capital One is the place for you.
Step 4 Decision
The team will discuss — if it’s a good fit for us and you, we’ll make it official!
How to Pick the Perfect Career Opportunity
Overwhelmed by a tough career choice? Read these tips from Devon Rollins, Senior Director of Cyber Intelligence, to help you accept the right offer with confidence.
Your wellbeing is our priority
Our benefits and total compensation package is designed for the whole person. Caring for both you and your family.
Healthy Body, Healthy Mind
You have options and we have the tools to help you decide which health plans best fit your needs.
Save Money, Make Money
Secure your present, plan for your future and reduce expenses along the way.
Time, Family and Advice
Options for your time, opportunities for your family, and advice along the way. It’s time to BeWell.
Here’s how the team fits together. We’re big on growth and knowing who and how coworkers can best support you.
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