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Analyst, Merchant Pricing

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American Express

Aug 31, 2024

Applications are closed

  • Job
    Full-time
    Junior & Mid Level
  • Toronto

Requirements

  • Minimum 1-3 years' experience in financial services industry and/or other Finance related roles.
  • Strong financial, analytical and problem-solving skills, including high proficiency with Excel.
  • Comfort and experience in analyzing financial data, drawing inferences and making recommendations.
  • Strong interpersonal skills with the ability to lead and influence large cross-functional teams and Senior leaders.
  • Results focused, with ability to prioritize effectively and work in a fast-paced environment under strict deadlines.
  • Proactive nature with close attention to detail and solid project management skills.
  • Excellent communication skills both oral and written.
  • Strong work ethic – a passion for high quality and responsiveness to internal customers.
  • B.A. or B.S. required.
  • Understanding of merchant business or payments industry is a plus.

Responsibilities

  • Lead the discount rate forecast process for Canada, analyze the impact of investments and project the erosion, both in dollar and rate terms
  • Analyze the monthly Discount Rate variances to understand movements in AXP's Discount Rate due to investment decisions, merchant negotiations & payments, and business mix across industries and geographies.
  • Developing custom pricing solutions and actively participating in negotiation strategy for large and small merchants in partnership with Client Management.
  • Supporting GMS activities, including contract renegotiations and new signings, across Canada.
  • Conduct monthly presentations to Pricing, Finance and Controllership leaders on the subject of discount rate performance and market trends.
  • Oversee tracking of pricing initiative benefits, providing periodic updates to Pricing leaders, and reporting results for Business Transformation purposes.
  • Support the local Pricing Teams in ad hoc business initiatives as required pertaining Canada Discount Rate, including providing timely responses to questions raised by the GMS Pricing leaders, key Finance LFO's, and other senior leaders.

FAQs

What is the primary responsibility of the Analyst, Merchant Pricing role?

The primary responsibility of this role is to lead the discount rate forecast and monthly results analysis processes for the Canadian market, analyzing the impact of investment initiatives and industry trends on the AXP discount rate.

What qualifications are required for this position?

A minimum of 1-3 years' experience in the financial services industry or other finance-related roles is required, along with strong financial, analytical, and problem-solving skills, and a B.A. or B.S. degree.

What kind of experience is beneficial for this role?

An understanding of the merchant business or payments industry is a plus, along with strong interpersonal skills and experience analyzing financial data.

Who does the Analyst, Merchant Pricing report to?

This position reports directly to the Senior Manager of Canada Pricing.

What are the key responsibilities of the Analyst related to the discount rate?

Key responsibilities include leading the discount rate forecast process for Canada, analyzing monthly Discount Rate variances, developing custom pricing solutions, and supporting contract renegotiations and new signings across Canada.

Will the Analyst have exposure to leadership?

Yes, this role has exposure to leaders across GMNS, predominantly in Finance, Controllership, and Client Management.

What benefits does American Express offer to its employees?

Benefits include competitive base salaries, bonus incentives, comprehensive medical, dental, and vision insurance, flexible working models, generous paid parental leave policies, access to wellness centers, and career development opportunities.

Are there opportunities for professional growth in this position?

Yes, American Express provides career development and training opportunities to help employees grow in their careers.

What skills are important for success in this role?

Important skills include strong financial and analytical abilities, excellent communication skills, project management skills, attention to detail, and the ability to work in a fast-paced environment under strict deadlines.

Is American Express committed to diversity and inclusion?

Yes, American Express is committed to providing an inclusive and accessible work environment, treating all individuals with dignity and respect regardless of various factors, as outlined in their policies.

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American Express

Finance
Industry
10,001+
Employees
1850
Founded Year

Mission & Purpose

At American Express, we know that with the right backing, people and businesses have the power to progress in incredible ways. Whether we’re supporting our customers’ financial confidence to move ahead, taking commerce to new heights, or encouraging people to explore the world, our colleagues are constantly striving to uphold our powerful backing promise to our customers and each other every day. These beliefs have been our North Star for 170 years as our business transformed – from helping evacuate travelers during World Wars, to ensuring the safety of our customers’ funds during the Great Depression in the U.S., to creating the Shop Small® movement to help small businesses recover from the Financial Crisis, to providing aid to communities impacted by many natural disasters and so much more. For generations, the key to our success has been the determination and resilience of our American Express colleagues. Now, as a globally integrated payments company, we work together to provide customers with access to products, insights and world-class experiences that enrich lives and build business success. Join us and let’s lead the way together.

Culture & Values

  • We Back Our Customers

    Relationships are at the heart of our business. We strive to be essential to our customers by delivering exceptional products, services and experiences every day – and promise to have their backs in everything we do.

  • We Make It Great

    We deliver an unparalleled standard of excellence in everything we do, staying focused on the biggest opportunities to be meaningful to our customers. From our innovative products to our world-class customer service, our customers expect the best—and our teams are proud to deliver it.

  • We Do What’s Right

    Customers choose us because they trust our brand and people. We earn that trust by ensuring everything we do is reliable, consistent, and with the highest level of integrity.

  • We Respect People

    We trust and respect one another for who we are and what we contribute. We are accountable to one another and empower every voice through open, courageous dialogue so others feel heard.

  • We Embrace Diversity

    We see diversity of people and experiences as fuel for the creativity and innovation we need to be and deliver our best.

  • We Stand for Inclusion

    We all have biases. However, we do not tolerate bias that excludes or minimizes anyone – all people belong. We’re committed to ensuring that we have a welcoming and inclusive culture where everyone’s voice matters and where people of all races, ethnicities, genders, gender identities, sexual orientations, ages, religions, disabilities and viewpoints can thrive.

  • We Win As a Team

    We view each other as colleagues—part of the same team, striving to deliver the brand promise to our customers and each other every day. Individual performance is essential and valued, but never at the expense of the team.

  • We Support Our Communities

    We respect our communities and are committed to working together so they can thrive and make a meaningful difference in the world.