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- Tasks: Manage supplier relationships and oversee the entire supplier lifecycle.
- Company: Join Capital One, a tech-driven financial company focused on innovation and customer success.
- Benefits: Enjoy flexible working, competitive pay, and perks like private medical insurance and modern workspaces.
- Why this job: Be part of a transformative organisation with opportunities for growth and a collaborative culture.
- Qualifications: Experience in Vendor Relationship Management, excellent communication skills, and a team-oriented mindset required.
- Other info: Hybrid working model with 3 days in the office; diverse and inclusive recruitment approach.
The predicted salary is between 36000 - 60000 £ per year.
This is an exciting opportunity to join Capital One’s UK Supplier Management Office (SMO). We have roles available in Vendor Relationship Management. Our Supplier Management Office manages the entire Third Party lifecycle for Capital One in the UK, including sourcing, contracting, and ongoing supplier/vendor relationship management.
You will manage assigned third-party suppliers, supporting business stakeholders by overseeing the relationship to ensure a stable supply chain. You’ll join a team of passionate Supply Chain Vendor Relationship professionals who value and understand the importance of every part of the Supply Chain process.
What you’ll do:
- Manage key supplier relationships and undertake activities across the supplier lifecycle (Due Diligence, Selection, Contracting, Onboarding, Monitoring, Offboarding).
- Collaborate with SMO peers, Risk and Governance teams, and Sourcing functions.
- Serve as the primary contact for your suppliers and internal stakeholders, maintaining effective communication and governance.
- Develop detailed knowledge of your suppliers’ business to build credibility and deliver optimal service.
- Work with internal clients to understand issues and improvement opportunities, facilitating discussions with suppliers.
- Gain market knowledge to evolve relationships and support category strategies.
- Manage contracts in coordination with legal teams, including amendments and renewals.
- Ensure performance, risk, and compliance with Capital One’s Third Party Management policy.
- Travel to various sites as required.
What we are looking for:
- Relevant Vendor Relationship Management experience with proven results.
- Excellent communication and stakeholder management skills.
- Risk management experience, with an eye for detail and compliance.
- Contracting experience, working with legal teams on agreements.
- Ability to build strong relationships internally and externally.
- Team-oriented mindset aligned with collaborative culture.
- Passion for Vendor Relationship Management and continuous development.
Location and Working Style:
This is a permanent position based in Nottingham with a hybrid working model (3 days in the office: Tuesdays, Wednesdays, Thursdays). Flexible working arrangements are available.
What’s in it for you:
- Contribute to a transformative organization.
- Opportunities for career progression and development through Capital One University.
- Competitive benefits including pension, bonus, holiday, private medical insurance, and flexible benefits.
- Modern workspaces with amenities like gyms, restaurants, and relaxation rooms.
Our Recruitment Approach:
We value diversity and inclusion, striving for fair and accessible recruitment. We partner with organizations supporting diverse talent and offer internal networks and support groups. If you need accommodations during the application process, contact ukrecruitment@capitalone.com. For technical support, email Careers@capitalone.com.
About Capital One:
We are building a leading technology-driven financial company committed to innovation, simplicity, and customer success. Our environment fosters collaboration, respect, and shared values, aiming to change banking for good.
Vendor Relationship Manager employer: Capital One
Contact Detail:
Capital One Recruiting Team
ukrecruitment@capitalone.com
StudySmarter Expert Advice 🤫
We think this is how you could land Vendor Relationship Manager
✨Tip Number 1
Familiarise yourself with Capital One's values and mission. Understanding their commitment to innovation and customer success will help you align your approach during interviews and discussions, showcasing how your experience in vendor relationship management can contribute to their goals.
✨Tip Number 2
Network with current or former employees of Capital One, especially those in the Supplier Management Office. They can provide valuable insights into the company culture and expectations for the Vendor Relationship Manager role, which can give you an edge in your application process.
✨Tip Number 3
Stay updated on industry trends and best practices in vendor management. Being knowledgeable about current challenges and innovations in the supply chain sector will allow you to engage in meaningful conversations during interviews and demonstrate your proactive approach.
✨Tip Number 4
Prepare specific examples from your past experiences that highlight your skills in communication, risk management, and stakeholder engagement. Tailoring these examples to reflect the responsibilities outlined in the job description will help you stand out as a strong candidate.
We think you need these skills to ace Vendor Relationship Manager
Some tips for your application 🫡
Understand the Role: Read the job description thoroughly to grasp the key responsibilities and requirements for the Vendor Relationship Manager position. Tailor your application to highlight relevant experience and skills that align with these expectations.
Highlight Relevant Experience: In your CV and cover letter, emphasise your previous Vendor Relationship Management experience. Provide specific examples of how you've successfully managed supplier relationships, handled contracts, and ensured compliance in past roles.
Showcase Communication Skills: Since excellent communication is crucial for this role, make sure to demonstrate your communication skills in your application. Use clear and concise language, and consider including examples of how you've effectively communicated with stakeholders in previous positions.
Tailor Your Cover Letter: Craft a personalised cover letter that addresses Capital One directly. Mention why you are passionate about Vendor Relationship Management and how your values align with their commitment to innovation and customer success.
How to prepare for a job interview at Capital One
✨Know Your Suppliers
Before the interview, research the suppliers you will be managing. Understand their business models, strengths, and challenges. This knowledge will help you demonstrate your ability to build strong relationships and manage them effectively.
✨Showcase Communication Skills
As a Vendor Relationship Manager, excellent communication is key. Prepare examples of how you've successfully communicated with stakeholders and suppliers in the past. Highlight your ability to facilitate discussions and resolve issues.
✨Understand Risk Management
Familiarise yourself with risk management principles relevant to vendor relationships. Be ready to discuss how you have identified and mitigated risks in previous roles, as this will show your attention to detail and compliance.
✨Demonstrate Team Collaboration
Capital One values a collaborative culture. Prepare to share experiences where you worked effectively within a team, especially in cross-functional settings. Emphasise your team-oriented mindset and how it aligns with their values.
