West Creek 8 (12080), United States of America, Richmond, Virginia
Contract Manager
At Capital One, we dare to dream, disrupt and deliver a better way. Our goal is simple bring ingenuity, simplicity and humanity to an industry ripe for change. Capital Ones Enterprise Supplier Management (ESM) department is crafting the next generation of contract practices and values to allow our philosophy to transcend into each of our products and services. If youre a solid team player, enjoy negotiating deals and collaborating on a cross-functional team, ESM may be perfect for you.
As a Contracts Manager, you will draft and negotiate third-party complex contracts. You will work closely with internal business resources and procurement stakeholders to ensure all third-party agreements meet Capital Ones legal and third-party management policies. You will partner with world-class professionals to bring procurement resources, tools, methodologies and judgment to business units. And it will happen in a collaborative environment that values insight, creative thinking, group problem solving and rewards intellectual curiosity and a growth-minded spirit. The ideal candidate has exceptional written and oral communication skills coupled with an ability to thrive in a fast-paced, dynamic environment.
Key responsibilities and skills include:
* Transaction Assessment and Planning: Youll work closely with business associates and internal stakeholders to understand the nature of the deal, synthesize complex issues, determine risks, and craft a right-sized approach in accordance with our standards and guidelines. As the central point of contact for each transaction, youll need exceptional leadership and organizational skills to negotiate and execute deals within business and ESM timelines.
* Drafting: Youll secure the appropriate terms (terms and conditions, price, deliverables, service level agreements, etc.) for each contract given business needs and risk. Creativity in drafting and confidence in right-sizing deal terms are critical.
* Negotiation: Youll be responsible for planning, communicating and executing a negotiation strategy in a timely manner, being flexible to changing circumstances, and delivering excellent results while maintaining a customer-focused attitude. Problem-solving and critical thinking skills are a must.
* Communication: Fellow associates, leadership at all levels of the organization, and third parties will expect you to communicate effectively. Youll need to explain risks clearly in various contracting scenarios, with an ability to determine which risks are truly material in each transaction.
* Collaboration: In addition to working independently, youll also collaborate with our diverse ESM team, stakeholders, and business points of contact and use your influence to guide these partners towards the best outcome.
* Strategic Advice: Serving as a subject matter expert on Capital Ones contracting policies, you should understand and be able to explain what we do and why we do it. By identifying and minimizing risks and proposing creative, customized paths forward, youll play a crucial role in helping Capital One bring ingenuity, simplicity, and humanity to banking.
Basic Qualifications:
Bachelor's Degree or Military experience
At least 2 years of direct experience in Legal or drafting and negotiating contracts
Preferred Qualifications:
Juris Doctorate
Procurement, Legal and/or Supply Chain experience
At this time, Capital One will not sponsor a new applicant for employment authorization for this position.
McLean, VA
Capital One Financial Corporation operates as the bank holding company for the Capital One Bank (USA), National Association; and Capital One, National Association, which provides various financial products and services in the United States, the United Kingdom, and Canada. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.
The company offers non-interest-bearing and interest-bearing deposits, such as checking accounts, money market deposit accounts, negotiable order of withdrawals, savings deposits, and time deposits. It also provides credit card loans; auto, home, and retail banking loans; and commercial and multifamily real estate, commercial and industrial, and small-ticket commercial real estate loans. In addition, the company offers credit and debit card products; online direct banking services; and treasury management and depository services.
It serves consumers, small businesses, and commercial clients through the Internet and mobile banking, as well as through Cafés, ATMs, and branches located in New York, Louisiana, Texas, Maryland, Virginia, New Jersey, and the District of Columbia. Capital One Financial Corporation was founded in 1988 and is headquartered in McLean, Virginia.