Strategic Sourcing & Procurement Summer Associate
About Capital Group
Capital Group is a leading global asset manager with roughly $3 trillion in assets and offices spanning 15 countries. Our mission since our founding has been to improve people’s lives through successful investing. We have ambitious goals to grow globally over the next decade and to make an even bigger difference to our 55 million customers. We will do this by building on our 90-year history of innovation in the asset management industry while staying grounded in our shared values such as integrity, client focus, diverse perspectives, long-term focus, and community.
“I can succeed as a Strategic Sourcing & Procurement Summer Associate at Capital Group.”
Join Capital Group’s Strategic Sourcing & Procurement (SS&P) team as a summer associate, supporting key business groups such as Investment Groups, Client Operating Groups, ITG, and Office Services. The Strategic Sourcing & Procurement (SS&P) team is an enterprise services group that plays a critical role in managing third-party relationships and optimizing procurement processes across the organization. You’ll gain hands-on experience in sourcing and procurement operations, work closely with a dedicated manager and team, and complete a structured project culminating in a final presentation. Along the way, you’ll be exposed to daily operations, cross-functional collaboration, and strategic initiatives.
Key Responsibilities:
- Support sourcing and procurement projects, including contract negotiations, supplier evaluation, and process improvement.
- Contribute to the development and execution of sourcing strategies that align with organizational goals, focusing on cost, quality, and risk optimization.
- Participate in market research, competitive sourcing events (RFI, RFQ, RFP), and assist with contract development.
- Coordinate with internal stakeholders (business partners, legal, information security) to gather requirements and move projects forward.
- Analyze data using Excel and business intelligence tools (Power BI, Ariba, Fieldglass) to inform recommendations and decisions.
- Assist with onboarding suppliers and managing downstream processes (purchase orders, payment systems).
- Contribute to data quality and accuracy across sourcing and procurement operations.
- Contribute to identifying opportunities for value creation, cost savings, and process optimization.
"I am the person Capital Group is looking for."
- You are a full-time student pursuing a bachelor’s degree, with an anticipated graduation date of Spring 2027.
- You have a cumulative GPA of 3.0 or above
- Preferred majors: Business, Communications, Supply Chain, Operations, Economics, Business Analytics, Industrial Engineering, or related fields.
- Strong analytical and organizational skills; experience with Excel required, Power BI and other BI tools a plus.
- Excellent written and verbal communication skills; able to collaborate with diverse teams and stakeholders.
- Demonstrated curiosity, adaptability, and interest in strategy, operations, procurement, or consulting.
- Customer focus, relationship-building abilities, and enthusiasm for new challenges.
- Ability to manage multiple tasks and coordinate logistics in a fast-paced environment.
Hourly Rate: $29/hour