Manager, Contract Manager

About the Role

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. We are seeking a Manager, Contract Manager to join our Enterprise Supplier Management (ESM) team. In ESM, we empower associates to deliver their best by cultivating a culture of inclusion and belonging, where varying perspectives and opinions are valued. We embrace each other’s differences and encourage all team members to lean into their talents and skills to deliver superior experiences for both internal and external clients.

As a Manager, Contract 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 rigorous contracting standards, processes, and requirements. You will autonomously draft and negotiate agreements that capture business intent and clearly lay out the responsibilities of the parties to drive business value while mitigating risk to the enterprise.

Responsibilities

• Assessment and Planning: Assessing transactions and creating deal strategies. Work closely with business customers and internal stakeholders to understand needs, determine risks, and design appropriate execution plans.
• Drafting: Drafting and/or redlining contracts to ensure Capital One is adequately protected from risk by leveraging industry best practices and subject matter expertise, including from various lines of business and stakeholder resources.
• Negotiation: Effectively negotiating with suppliers to produce contracts within Capital One contracting standards and business objectives. Plan and execute negotiation strategies in a timely manner while remaining flexible to changing circumstances and partnering with internal team resources as needed.
• Transaction Management: Managing multiple transactions independently and efficiently, driving transactions to completion in a timely manner. Serve as the central point of contact for each contract, leveraging 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. Regularly communicate with internal stakeholders, including the line of business, legal, compliance, and data security groups, to determine material risks in each transaction.
• Collaboration: Working closely with the larger ESM team, business teams, and various stakeholders as appropriate.
• Strategic Advice: Leveraging a working knowledge of Capital One’s Contract and Third Party Management Policies & Procedures to coordinate with internal stakeholders and advise business customers on ways to minimize risk contractually.

Qualifications

• Basic Qualifications:
  • Bachelor's Degree or Military experience
  • At least 4 years of experience in drafting, evaluating, negotiating, and executing procurement contracts
• Preferred Qualifications:
  • Juris Doctorate
  • 5+ years of experience in drafting, evaluating, negotiating, and executing procurement contracts
  • 5+ years of experience creating and executing contracting and negotiation strategies

Pay

The minimum and maximum full-time annual salaries for this role are listed below, by location:

• Sales Territory: $149,800 - $171,000
• Plano, TX: $149,800 - $171,000
• McLean, VA: $164,800 - $188,100
• Richmond, VA: $149,800 - $171,000
• New York, NY: $179,700 - $205,100
• Riverwoods, IL: $149,800 - $171,000

Candidates hired to work in other locations will be subject to the pay range associated with that location. The actual annualized salary amount offered to any candidate at the time of hire will be reflected solely in the candidate’s offer letter. This role is also eligible to earn performance-based incentive compensation, which may include cash bonuses and/or long-term incentives (LTI).

Additional Notes

Limited travel may be required. At this time, Capital One will not sponsor a new applicant for employment authorization for this position.