Senior Third-Party Management & Risk Lead (Hybrid)

Capital One Canada; Toronto; Hybrid; CAD 109,000 - 124,000; Full time

Benefits offered by this job

Hybrid work model (3 days in office)

Work From Home allowance

Mental health coverage up to $3,000

Tuition subsidies up to $5,000 yearly

Spousal/partner/dependent coverage

Job summary

Capital One Canada is seeking a Principal Associate to lead third party management activities, partnering with business stakeholders to optimize pricing, manage risks, and negotiate contracts. You will guide a team and ensure alignment with policies and regulatory requirements.

You’ll blend market insights with supplier knowledge to support the tech-focused business and drive efficiency, working in a hybrid Toronto-based setting under a robust compensation package.

Qualifications

• At least 5+ years of experience in third party management/vendor management, supply chain, relationship management, sourcing or procurement within financial services.
• Strong cross-functional collaboration skills and stakeholder management.
• Deep knowledge of sourcing categories related to credit card business; strong negotiation abilities.
• Understanding OSFI Guideline B-10, E-21.

Responsibilities

• Serve as primary third party manager for an assigned portfolio, supporting team in relationships, risk management, and contract negotiations.
• Ensure comprehensive oversight of all third party relationships and services.
• Collaborate with enterprise, legal, and customer teams to support business outcomes.
• Develop strategic plans using market data and competitive insights.
• Drive continuous improvement and best practices in third party management.

Education

Bachelor’s degree in Business, Management, Technology or Engineering

SCMP

CTPRP

Vendor management

Cross-functional collaboration

Negotiation

Communication

Tools

OSFI Guideline knowledge

Job description

Capital One Canada is seeking a Principal Associate to lead third party management activities, partnering with business stakeholders to optimize pricing, manage risks, and negotiate contracts. You will guide a team and ensure alignment with policies and regulatory requirements.

You’ll blend market insights with supplier knowledge to support the tech-focused business and drive efficiency, working in a hybrid Toronto-based setting under a robust compensation package.