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Sourcing/Auction Associate

Capital One


Location:
Richmond, VA
Date:
04/26/2017
Job Code:
capitalone2-R23997
Categories:
  • Customer Service/Call Center
  • Management
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Job Details

Company Capital One

Job Title: Sourcing/Auction Associate

JobID: capitalone2-R23997

Location: Richmond, VA, 23261, USA

Description: West Creek 5 (12075), United States of America, Richmond, Virginia



At Capital One, we’re building a leading information-based technology company. Still founder-led by Chairman and Chief Executive Officer Richard Fairbank, Capital One is on a mission to help our customers succeed by bringing ingenuity, simplicity, and humanity to banking. We measure our efforts by the success our customers enjoy and the advocacy they exhibit. We are succeeding because they are succeeding.



Guided by our shared values, we thrive in an environment where collaboration and openness are valued. We believe that innovation is powered by perspective and that teamwork and respect for each other lead to superior results. We elevate each other and obsess about doing the right thing. Our associates serve with humility and a deep respect for their responsibility in helping our customers achieve their goals and realize their dreams. Together, we are on a quest to change banking for good.



Sourcing/Auction Associate



**Job Title:** Sourcing/Auctions associate



**Position Summary:** The Sourcing/Auctions associate is responsible for the management of competitive third party supplier bidding events including spot buys, request for quotes (RFQs) and reverse auctions. The ideal candidate will have 5 years relevant procurement experience, however, diverse operational backgrounds, customer service skills and a successful track record of increasing responsibility throughout their career are highly valued. Flexibility and adaptability are key characteristics for this position and bias towards embracing new challenges in a proactive manner.



**Responsibilities:**



+ Manages structured competitive bidding events with suppliers including spot buys, RFQs and reverse auctions on behalf of a diverse audience of Capital One stakeholders

+ Works with Capital One stakeholders to document objectives and requirements to ensure sourcing solutions meet business needs

+ Manages the supplier selection process and provides data analysis and financial models to ensure decisions are informed

+ Acts as an evangelist for the service to drive adoption and utilization across the enterprise

+ Supports reporting and dash boarding relevant to the service offering including savings, throughput and other operational efficiencies

+ Collaborates with other sourcing, purchasing and supplier management team members to coordinate activities within defined category strategies

+ Maintains and/or enhances engagement model, tools and processes to support the steady state operation of the function

+ Strong interpersonal skills and commitment to teamwork and partnerships

+ Excellent analytical and problem solving skills

+ Ability to manage complex business issues

+ Ability to prioritize assignments/projects and multi-task within restricted time constraints

+ Strong negotiations and communication skill

+ Proven track record of building teams and partnerships

+ Self-motivated to work independently in a busy environment with changing priorities and tight deadlines

+ Highly proficient working with MS Office suite

+ Professional experience dealing ethically with people/situations/issues

+ Strong understanding and application of generally accepted procurement principles and practice



**Basic Qualifications:**



Bachelor’s Degree



5 years of procurement experience



3 years of experience utilizing e-Sourcing tools



**Preferred Qualifications**



MBA or experience with Coupa Software



7 years of procurement experience



5 years of experience utilizing e-Sourcing tools



At this time, Capital One will not sponsor a new applicant for employment authorization for this position.



At Capital One, we’re building a leading information-based technology company. Still founder-led by Chairman and Chief Executive Officer Richard Fairbank, Capital One is on a mission to help our customers succeed by bringing ingenuity, simplicity, and humanity to banking. We measure our efforts by the success our customers enjoy and the advocacy they exhibit. We are succeeding because they are succeeding.                                               


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