Analyst-Procurement
American Express · Posted Nov 4
Banking, credit card, payment network, and travel services
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About the role
Global Supply Management (Procurement) at American Express partners with business units to select the right suppliers and negotiate contracts while protecting AXP from undue risk, managing over $7B of third-party spend and maximizing purchasing power. The team provides strategic consultation and end-to-end procurement services, including supplier strategy, onboarding, and cost savings realization. The Analyst-Procurement role independently manages contract and sourcing delivery engagements, leads RFx events and supplier negotiations, and partners with stakeholders across markets on third-party lifecycle management.
What you will do
- Independently manage Contract and Sourcing Delivery engagements including delivering the most effective strategy 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 function as a first point of contact for third party is during contract negotiations and Sourcing events.
- Build and leverage knowledge as well as experience of third parties, industries, and service categories to identify opportunities that can add value (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 own 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.
- Function 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 properly 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.
- Function 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 drive 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 motivate team members and provide team guidance in supplier/market analysis, utilizing unique procurement practices/tools to capitalize on business opportunities. Own 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.
Skills used in this role
What the employer is looking for
- Bachelor's Degree
- Prior experience in procurement specifically related to supplier contract management
Preferred qualifications
- A degree in law or global supply management will be a strong plus.
Benefits and support
- 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
About American Express
American Express Company is a globally recognized multinational financial services corporation specializing in payment cards, travel-related services, and network banking. Founded in 1850, the company provides charge and credit cards, expense management products, and merchant services to consumers, small businesses, and large corporations worldwide. It operates a proprietary payments network known for its premium customer engagement and lifestyle rewards programs.
- Industry
- Banking
- Company size
- 76800 employees
- Founded
- 1850-03-18
- Location
- New York City, New York, USA
- Funding stage
- Public Company
Leadership
Chairman and Chief Executive Officer
Chief Financial Officer
Chief Information Officer and Executive Vice President
Chief Colleague Experience Officer
Chief Marketing Officer
Recent coverage
Investing.com
AmEx lifts 2026 profit forecast, plans to cut 5% of workforce2026-10-23
Associated Press
American Express profits rise; company plans to cut workforce by 5%, or about 3,500 employees2026-10-24
MarketScreener
American Express raises 2026 profit forecast as affluent customers keep spending2026-10-23
GuruFocus
American Express Co (AXP) Q3 2026 Earnings Call Highlights: Record $20.1 Billion Revenue2026-10-24