Process Analyst -Procurement I
American Express · Posted Oct 26
Banking, credit card, payment network, and travel services
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About the role
The Strategic Sourcing & Business Enablement team within American Express Global Supply Management advances enterprise value creation through disciplined sourcing execution, supplier strategy, contract negotiation, and risk-aware third-party engagement. The team supports American Express's US-based business units across the sourcing and contracting lifecycle, working closely with groups such as GCO, TLM, Tax, Compliance, and Procurement Operations. This role manages end-to-end sourcing engagements and drafts, negotiates, and executes commercial agreements such as SOWs and MSAs while serving as the primary procurement partner to business stakeholders.
What you will do
- Lead end-to-end sourcing engagements, including requirements gathering, supplier identification, RFx execution, supplier evaluation, and award recommendations.
- Develop sourcing strategies that optimize cost, quality, risk, and business outcomes in line with the American Express Policy for Third Party Management (AEMP10).
- Conduct supplier and market analysis to identify opportunities for value creation, cost optimization, and process improvements.
- Manage Third Party Lifecycle Management (TLM) requirements, ensuring supplier risk assessments and policy compliance throughout the sourcing process.
- Draft, review, negotiate, and execute Statements of Work (SOWs), Master Service Agreements (MSAs), and other commercial agreements in collaboration with GCO and other subject matter experts.
- Lead commercial and contractual negotiations with suppliers to achieve favourable business outcomes while mitigating legal and operational risks.
- Drive contracts to execution by coordinating approvals, resolving contractual issues, and ensuring timely completion of all contracting milestones.
- Serve as the primary procurement partner for business stakeholders, providing strategic guidance throughout the sourcing and contracting lifecycle.
- Collaborate with cross-functional teams, including GCO, TLM, Tax, Compliance, Insurance, Procurement Operations, and Category Managers, to ensure seamless project execution.
- Provide regular updates to business partners on sourcing progress, contracting milestones, risks, and key decisions.
- Track and report sourcing outcomes, including savings, value creation, and procurement metrics.
Skills used in this role
What the employer is looking for
- Bachelor's degree required; a degree in Law, Business, Supply Chain, or a related discipline is preferred.
- 2–4 years of experience in procurement, strategic sourcing, supplier contract management, or commercial contracting within a large organization.
- Experience drafting and negotiating commercial agreements, including SOWs and MSAs.
- Strong stakeholder management skills with the ability to influence and collaborate across multiple business functions.
- Excellent negotiation, communication, and project management skills.
- Experience working with supplier risk management and third-party governance processes is preferred.
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
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