Analyst-Procurement

You Lead the Way. We ve Got Your Back.

With the right backing, people and businesses have the power to progress in incredible ways. When you join Team Amex, you become part of a global and diverse community of colleagues with an unwavering commitment to back our customers, communities and each other. Here, you ll learn and grow as we help you create a career journey that s unique and meaningful to you with benefits, programs, and flexibility that support you personally and professionally.

At American Express, you ll be recognized for your contributions, leadership, and impact every colleague has the opportunity to share in the company s success. Together, we ll win as a team, striving to uphold our company values and powerful backing promise to provide the world s best customer experience every day. And we ll do it with the utmost integrity, and in an environment where everyone is seen, heard and feels like they belong.

Join Team Amex and lets lead the way together.

Responsibilities

• Independently handle Contract and Sourcing Delivery engagements including delivering the most effective process for achieving maximum value for the business through the contracting and sourcing processes as guided by the American Express Policy for Third Party Management (AEMP10) and established processes within SS&BE.
• Build and maintain stakeholder relationships with the American Express businesses, across peer groups, stakeholders including GCO, TLM, Tax, Compliance, and Insurance in multiple markets, as well as act as a first point of contact for third party s during contract negotiations and Sourcing events.
• Build and leverage knowledge as well as experience of third parties, industries, and service categories to find opportunities that can contribute (performance improvement, demand generation, process reengineering, cost reduction, revenue drivers) to American Express businesses. Create and present compelling business case for change (when needed) to leaders.
• Lead Sourcing Events and be responsible for the project end to end for American Express business using including but not limited to defining requirements, development SOW, supplier sourcing, RFx events, communication plan, change plan etc. Act as primary point of contact for overall Sourcing project and work across stakeholders to ensure timely delivery and effective communication exchange.
• Lead effective supplier negotiations (including but not limited to commercial and contractual) to drive value and competitive advantage for our business partners. Partner with AXP SME groups to assess and identify contractual risks and drive negotiation to achieve favorable terms for American Express.
• Support strong supplier governance by accurately identifying supplier risk for each engagement, guide American Express Business Unit on Third Party Life Cycle Management (TLM) program and work closely with TLM the complete the program requirements.
• Act as consultant / partner to American Express business units for Sourcing to Contract related activities across commodities/services and provide solution on related matters often with no precedent.
• Identify and get results cross functionally, cross business units and across the Blue Box that have a major impact on American Express revenue and profitability.
• Lead by example to empower team members and provide team mentorship in supplier/market analysis, applying outstanding procurement practices/tools to capitalize on business opportunities.
• Be responsible for the inventory of reporting team member and ensure performance and quality review.
• Drive team s performance on key performance metrics and ensure regular update on assigned intake to the team.
• People management and development of reporting team members.
• Ensures policy and contract compliance in all strategic sourcing projects.
• Partner with Procurement Operations team and US Category and Sourcing Managers in procurement activities, transactions and in managing customer requests and issues.
• Partner with cross geographical commodity teams and country teams in the planning, analyzing, sourcing and implementation process.
• Engage relevant subject matter experts during the contract negotiation process and work to resolve gaps / deviations requested by Supplier.
• Ensure update to business stakeholders and SmartBuy on regular basis on each assigned intake.
• Support reporting requirements effectively capturing value creation and B2B wins in the respective tools and strong follow through to complete those wins.

Past Experience

• 5 - 7 years of work experience in a reputed financial organization

Preferred: Prior experience in procurement specifically related to supplier contract management

Academic Background

• Bachelor s degree
• A degree in law will be a strong plus.

We back our colleagues and their loved ones with benefits and programs that support their holistic well-being. That means we prioritize their physical, financial, and mental health through each stage of life. Benefits include:

• Competitive base salaries
• Bonus incentives
• Support for financial-well-being and retirement
• Comprehensive medical, dental, vision, life insurance, and disability benefits (depending on location)
• Flexible working model with hybrid, onsite or virtual arrangements depending on role and business need
• Generous paid parental leave policies (depending on your location)
• Free access to global on-site wellness centers staffed with nurses and doctors (depending on location)
• Free and confidential counseling support through our Healthy Minds program
• Career development and training opportunities

American Express is an equal opportunity employer and makes employment decisions without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran status, disability status, age, or any other status protected by law.

Offer of employment with American Express is conditioned upon the successful completion of a background verification check, subject to applicable laws and regulations.