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The Global Merchant and Network Services (GMNS) Pricing team is responsible for the single largest source of American Express’ revenue: Merchant Discount Revenue. The team works closely with multiple business partners to determine the optimal pricing to encourage merchant acceptance of American Express, while striving to improve coverage and merchant satisfaction. Ultimately, we drive GMNS revenue and profit growth through customer-centric pricing principles, more flexible pricing architecture and innovative pricing solutions.
The Manager, Planning & Forecasting - Pricing is responsible for the forecasting and reporting of merchant discount rate (DR). This role provides a unique opportunity to have an impact across multiple businesses and segments by balancing the organization’s goal for profitable charge volume and merchant expansion, essential to the strength of our business.
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 Manager should be a dynamic individual who can partner closely with senior leaders and has the right ambition to drive change.
Job Responsibilities:
Analyze Discount Rate (DR) trends across regions to help inform global GMNS pricing strategies Perform forensics on key DR drivers to assess sensitivity of various business practices and trends Lead global DR analysis and consolidation of all forecasts and results Lead DR content preparation and delivery for all senior leader meetings/presentations (Executive Committee, Board decks, GMNS President and Leadership Teams) Build a comprehensive DR data repository globally to better assess historical performance and help shape future pricing framework Develop and implement roadmap for process standardization/ improvements for all reporting and forecasting related activities Support the creation of Merchant Discount Rate forecasts and track monthly performance against forecast by identifying variance drivers Support external audits by researching identified issues, partnering with regional business teams, and working through to resolutionQualifications
4+ years’ experience in investment banking, management consulting, corporate finance, strategic finance, or other finance related roles is desired Bachelor’s degree required; Finance/Accounting/Business desired. MBA/Graduate degree is a plus Strong aptitude for analytics; demonstrated ability to develop sophisticated financial models and draw value-added insights from large amounts of financial data Success in quantitative data analysis methods and data mining Strong attention to detail High proficiency with Excel and PowerPoint is required SQL and/or SAS data querying is highly preferred Strong relationship management and collaboration skills with the ability to navigate competing priorities and align teams toward shared objectives Excellent communication skills – both written and oral - with experience leading discussions with senior leaders where decisions need to be made based on the facts presented Self-starter who excels in a fast-paced, dynamic environment that places a premium on driving resultsSalary Range: $80,000.00 to $155,000.00 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 opportunitiesFor 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.
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Employment eligibility to work with American Express in the U.S. is required as the company will not pursue visa sponsorship for these positions.