Capital One

Principal Associate, Contract Management

Capital One

McLean, VA, USA
Full-TimeDepends on ExperienceSenior LevelMasters
Job Description

Are you a skilled negotiator with a keen eye for detail? Do you thrive in a fast-paced, dynamic environment? If so, we have an exciting opportunity for you as a Principal Associate, Contract Management at Capital One. In this role, you will be responsible for managing a portfolio of contracts and ensuring compliance with all contractual obligations. We are looking for a highly motivated individual with strong communication and project management skills. If you are ready to take the next step in your career, we want to hear from you!

  1. Manage a portfolio of contracts, including reviewing, drafting, and negotiating contract terms.
  2. Ensure compliance with all contractual obligations, including deadlines and deliverables.
  3. Act as the primary point of contact for contract-related inquiries and issues.
  4. Communicate effectively with internal stakeholders and external parties to negotiate and resolve contract disputes.
  5. Conduct thorough reviews of contracts to identify potential risks and propose mitigation strategies.
  6. Coordinate with legal and finance teams to ensure contracts are properly executed and documented.
  7. Develop and maintain strong relationships with key stakeholders and vendors.
  8. Stay updated on industry trends and best practices in contract management.
  9. Prepare regular reports on contract status and performance.
  10. Collaborate with cross-functional teams to streamline and improve contract management processes.
  11. Provide guidance and support to junior team members as needed.
  12. Participate in contract negotiations and contribute to the development of negotiation strategies.
  13. Monitor and track contract renewals and expirations, ensuring timely action is taken.
  14. Maintain accurate and organized contract records and documentation.
  15. Proactively identify areas for process improvement and implement solutions to increase efficiency and effectiveness.
Where is this job?
This job is located at McLean, VA, USA
Job Qualifications
  • Bachelor's Degree In Business Administration, Finance, Or A Related Field.

  • Minimum Of 5 Years Of Experience In Contract Management Or Procurement, Preferably In The Financial Services Industry.

  • Knowledge Of Contract Law, Negotiation Strategies, And Risk Management Principles.

  • Strong Analytical And Problem-Solving Skills, With The Ability To Identify And Mitigate Potential Contractual Risks.

  • Excellent Communication And Interpersonal Skills, With The Ability To Build Relationships And Influence Stakeholders At All Levels.

Required Skills
  • Financial Analysis

  • Project Management

  • Vendor Management

  • Communication

  • Negotiation

  • Relationship Building

  • Team Leadership

  • Risk assessment

  • Contract administration

  • Contract drafting

  • Legal Compliance

  • Contract review

Soft Skills
  • Communication

  • Conflict Resolution

  • Leadership

  • Time management

  • Interpersonal Skills

  • creativity

  • Attention to detail

  • Teamwork

  • Adaptability

  • Problem-Solving

Compensation

According to JobzMall, the average salary range for a Principal Associate, Contract Management in McLean, VA, USA is $110,000 - $130,000 per year. This may vary depending on factors such as experience, education, and specific job responsibilities.

Additional Information
Capital One is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
Required LanguagesEnglish
Job PostedDecember 29th, 2023
Apply BeforeAugust 19th, 2025
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About Capital One

Capital One Financial Corporation is an American bank holding company specializing in credit cards, auto loans, banking, and savings accounts, headquartered in McLean, Virginia. Capital One is ranked 11th on the list of largest banks in the United States by assets.

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