Analyst - Merchant Pricing Strategy
New York, New York
Employer: American Express
Industry: Marketing
Salary: Competitive
Job type: Full-Time
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 let's lead the way together.
The Global Merchant & Network Pricing (GMNP) team is responsible for the single largest source of revenue for American Express: merchant discount revenue. The team works closely with multiple business partners to determine pricing structures that encourage merchant acceptance of American Express, while striving to improve coverage and merchant satisfaction. Ultimately, the team drives merchant revenue and profit growth through customer-centric pricing principles, flexible pricing architecture, and innovative pricing solutions.
The Analyst - Merchant Pricing Strategy is responsible for providing analytical and strategy execution support for key merchant pricing initiatives across the U.S. B2B merchant population. This position will work alongside senior leaders in the GMNP and Client Management organizations to support broad-scale pricing initiatives aimed at preserving our merchant discount rate while balancing the organization's goal for growing profitable charge volume.
Responsibilities:
This is an excellent opportunity for an individual to gain knowledge of the payments industry, as well as exposure to and insight from senior leaders across American Express. The Analyst should be a dynamic individual who can work closely with senior leaders and has the right ambition to drive change. Key responsibilities include:
Qualifications:
Qualifications
Salary Range: $55,000.00 to $105,000.00 annually + bonus + benefits
The above represents the expected salary range for this job requisition. Ultimately, in determining your pay, we'll consider your location, experience, and other job-related factors.
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:
For a full list of Team Amex benefits, visit our Colleague Benefits Site.
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.
Employment eligibility to work with American Express in the U.S. is required as the company will not pursue visa sponsorship for these positions.
We back our colleagues with the support they need to thrive, professionally and personally. That's why we have Amex Flex, our enterprise working model that provides greater flexibility to colleagues while ensuring we preserve the important aspects of our unique in-person culture. Depending on role and business needs, colleagues will either work onsite, in a hybrid model (combination of in-office and virtual days) or fully virtually.
US Job Seekers/Employees - Click here to view the "Know Your Rights" poster and the Pay Transparency Policy Statement.
If the links do not work, please copy and paste the following URLs in a new browser window: https://www.dol.gov/agencies/ofccp/posters to access the three posters.
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 let's lead the way together.
The Global Merchant & Network Pricing (GMNP) team is responsible for the single largest source of revenue for American Express: merchant discount revenue. The team works closely with multiple business partners to determine pricing structures that encourage merchant acceptance of American Express, while striving to improve coverage and merchant satisfaction. Ultimately, the team drives merchant revenue and profit growth through customer-centric pricing principles, flexible pricing architecture, and innovative pricing solutions.
The Analyst - Merchant Pricing Strategy is responsible for providing analytical and strategy execution support for key merchant pricing initiatives across the U.S. B2B merchant population. This position will work alongside senior leaders in the GMNP and Client Management organizations to support broad-scale pricing initiatives aimed at preserving our merchant discount rate while balancing the organization's goal for growing profitable charge volume.
Responsibilities:
This is an excellent opportunity for an individual to gain knowledge of the payments industry, as well as exposure to and insight from senior leaders across American Express. The Analyst should be a dynamic individual who can work closely with senior leaders and has the right ambition to drive change. Key responsibilities include:
- Support the development of pricing approaches or constructs based on quantitative data analysis, including recommendations on key financial / commercial terms
- Ideate and develop business cases for new pricing strategies aimed to deliver on GMNP strategic priorities, anchored to value delivered by American Express and market dynamics
- Leverage internal and external data, competitive intelligence, and industry research to inform pricing strategies and maintain pricing integrity
- Build relationships with partners in the Client Management organization that drive team accountability and achieve stated priorities
- Serve as key contributor and business liaison to ensure successful launch and implementation of high-profile Pricing initiatives
- Contribute to the ongoing development of an infrastructure that identifies opportunities to share best business practices, streamline implementation of contract/payment terms, and enhance other internal processes
Qualifications:
- 2+ years of experience with an Undergraduate degree or equivalent experience
- Strong analytical skills and financial acumen, including familiarity with financial modeling and sensitivity analysis in Excel
- Strong relationship management and collaboration skills, with the ability to influence others in situations where there may be competing priorities
- Excellent communication skills and strong executive presence with the ability to appropriately structure information to drive decision-making
- Self-starter who excels in a fast-paced, dynamic environment that places a premium on driving results
- Creative thinker who is willing to question traditional ways of doing things and develop new approaches to old challenges
- Demonstrated ability to handle multiple requests and prioritize accordingly
- Expert-level proficiency with Excel and other MS Office products
- Experience in the payments industry or consulting a plus
- Basic to intermediate understanding of SAS / SQL preferred
Qualifications
Salary Range: $55,000.00 to $105,000.00 annually + bonus + benefits
The above represents the expected salary range for this job requisition. Ultimately, in determining your pay, we'll consider your location, experience, and other job-related factors.
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
- 6% Company Match on retirement savings plan
- Free financial coaching and financial well-being support
- Comprehensive medical, dental, vision, life insurance, and disability benefits
- Flexible working model with hybrid, onsite or virtual arrangements depending on role and business need
- 20+ weeks paid parental leave for all parents, regardless of gender, offered for pregnancy, adoption or surrogacy
- 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
For a full list of Team Amex benefits, visit our Colleague Benefits Site.
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.
Employment eligibility to work with American Express in the U.S. is required as the company will not pursue visa sponsorship for these positions.
We back our colleagues with the support they need to thrive, professionally and personally. That's why we have Amex Flex, our enterprise working model that provides greater flexibility to colleagues while ensuring we preserve the important aspects of our unique in-person culture. Depending on role and business needs, colleagues will either work onsite, in a hybrid model (combination of in-office and virtual days) or fully virtually.
US Job Seekers/Employees - Click here to view the "Know Your Rights" poster and the Pay Transparency Policy Statement.
If the links do not work, please copy and paste the following URLs in a new browser window: https://www.dol.gov/agencies/ofccp/posters to access the three posters.
Created: 2024-06-25
Reference: 24011071
Country: United States
State: New York
City: New York
ZIP: 10036
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