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Analyst-Procurement

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American Express

3mo ago

  • Job
    Full-time
    Junior, Mid & Senior Level
  • Logistics
    Business, Operations & Strategy
  • New York

AI generated summary

  • You need strong strategic thinking, relationship management, data analysis skills, leadership, a positive attitude, a Bachelor's degree, and experience in Procurement or related fields.
  • You will develop relationships with business partners, support sourcing strategies, analyze spend, lead category plans, and bring market insights to drive strategic decisions and optimize supplier value.

Requirements

  • Strong strategic thinking and planning skills, balanced with proven track record of delivering tangible results in global and matrix work environment.
  • Strong relationship management and communication skills with ability to collaborate across levels with internal and external partners globally.
  • Proven track record of data analysis to develop insights and recommendations, solve business challenges, improve customer experience and bottom-line results.
  • Strong leadership skills and commitment to collaborating and partnering with customers, colleagues, and key stakeholders to deliver high-quality output with limited resources.
  • Positive attitude, ability to work in a fluid, fast-paced, and at times unstructured environment and maintain flexibility to meet the changing needs of the customers, business units and the organization.
  • Bachelor's degree.
  • Experience in Procurement, Servicing and Operations or related field a plus.
  • Financial acumen experience with standard accounting treatment.
  • Project management skills: managing and sourcing events, contract renewals, system/ process changes.

Responsibilities

  • Partner with Servicing & Operations Category Director and Managers to support and develop strong relationships with business partners to understand key business strategies, annual goals/objectives, and identify issues, economic challenges, and potential opportunities (e.g., influence requirements, advise business how to capture the most value from supplier relations); with a customer first mindset and strategy
  • Actively participate on cross-functional Servicing & Operations initiatives to develop global category management plans to meet business and enterprise objectives, understand spend profiles, leverage benchmarking, and prepare business cases and presentations for business leaders.
  • Partner business leaders and Source to Contract team to support development of sourcing strategies and plans, negotiate key deals and contracts and complete supplier assessments and selections through RFx activities.
  • Lead through strategic thinking, financial analytics, external marketplace focus and partnering closely with business units to influence and help drive key, strategic business decisions.
  • Bring external insights, innovative ideas, and an enterprise view on market trends, competitive landscape value generation and strategic sourcing opportunities.
  • Support the development of strategic, forward thinking global category plans with multi-year value generating sourcing initiatives to enable business success.
  • Support the development of category and sourcing strategies leveraging best practices around supplier and services based on both internal conditions and plans as well as industry trends. This includes but is not limited to price, scope, performance, and optimal sourcing approach.
  • Develop a category review cycle to refresh strategy and ensure alignment with business partners on a regular basis.
  • Analyze spend across businesses to leverage enterprise purchasing power, where applicable.
  • Function as a point of contact for business partners.

FAQs

What is the primary responsibility of the Analyst-Procurement role?

The primary responsibility is to support and develop relationships with business partners, understand their objectives, and assist in creating strategic sourcing plans to maximize purchasing power and drive value from supplier relationships.

What qualifications are required for this position?

A Bachelor’s degree is required along with strong strategic thinking, relationship management, data analysis skills, leadership ability, and a positive attitude suited for a fast-paced environment.

Is experience in procurement necessary for this role?

While direct experience in Procurement, Servicing, and Operations is preferred, it is not explicitly required. Relevant experience in related fields may also be considered.

What kind of skills will be useful for this Analyst-Procurement position?

Strong strategic thinking, financial analytics, project management skills, and excellent communication abilities are all beneficial for success in this role.

What is the salary range for the Analyst-Procurement position?

The salary range for this position is between $65,500.00 and $102,500.00 annually, plus bonus and benefits.

Are there opportunities for professional development in this role?

Yes, American Express offers career development and training opportunities to support the professional growth of employees in this role.

What benefits are offered to employees in this position?

Employees receive a competitive salary, bonus incentives, retirement savings match, comprehensive medical benefits, flexible working arrangements, paid parental leave, wellness support, and confidential counseling services.

Is there a focus on collaboration and relationship management in this role?

Yes, the role emphasizes strong relationship management and collaboration with business partners, ensuring alignment with their strategies and objectives.

Will this position require participation in cross-functional initiatives?

Yes, the Analyst-Procurement will actively participate in cross-functional initiatives to develop global category management plans and support business objectives.

Does American Express consider applicants with criminal convictions for employment?

Yes, American Express considers all qualified applicants, including those with criminal convictions, in accordance with applicable state and local laws.

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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.