principal Procurement specialistCapital One

Alabang (96050), Philippines, Muntinlupa City, National Capital Region (Manila)
Principal Procurement Specialist
To supervise a team and deliver cost effective solutions through strategic supplier sourcing, negotiation, contracting and performance management for Capital One Philippines
Major Responsibilities:
Conducts sourcing strategies and secure best source by benchmarking the industry-related providers in Business Services, IT, people and Professional services
Negotiates with selected suppliers to achieve Best-in-Class commercial terms on cost, delivery lead time, payment items, warranty, and Service Level Agreement (SLA); implements various cost negotiation tools such as cost analysis, cost-benchmarking, product cost-analysis
Administers and prepares standard corporate contract terms and conditions with selected suppliers to ensure compliance in commercial and legal obligations; liaises between supplier, Legal, and Line of Business (LOBs) to ensure parties are in agreement on the contractual language, content, and metrics
Monitors and reviews SLA and performance management with suppliers and LOBs as a basis of contract renewal or termination
Supervises performance of direct reports; engages them in regular coaching and feedback to improve performance and develop competencies; Conducts mid-year and annual performance appraisal
May be assigned/rotated across related sub-functions including but not limited to sub-functions within Shared Services
All other job-related duties that may be assigned from time to time
Qualifications:
College degree
5 years relevant work experience, with 3 years in managerial capacity in BPO or Multinational companies
Strong contract negotiation skills, contract managing, general sourcing/supplier and selection/managing suppliers
Experience in project management and risk management
Willing to work in Alabang
Amenable to work in a mid-shift schedule
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).
Capital One

Alabang, Muntinlupa City
Permanent
Full-time