Graduates Vacancy at American Express

American Express is hiring an experienced Process Analyst -Procurement I at their Gurgaon location.

Job Update: Graduates Vacancy at American Express

SANDEEP KUMAR | May 19, 2024 |

Graduates Vacancy at American Express

Graduates Vacancy at American Express


American Express is hiring an experienced Process Analyst -Procurement I at their Gurgaon location. Independently manage Contract and Sourcing Delivery engagements including delivering the most effective strategy for achieving maximum value for the business through the contracting and sourcing processes as guided by the American Express Policy for Third Party Management (AEMP10) and established processes within SS&BE.

The complete details of this job are as follows:

Roles and Responsibilities:

The Ideal Candidate should be able to:

  • Build and maintain stakeholder relationships with the American Express businesses, across peer groups, stakeholders including GCO, TLM, Tax, Compliance, and Insurance in multiple markets, as well as act as a first point of contact for third party’s during contract negotiations and Sourcing events.
  • Build and leverage knowledge as well as experience of third parties, industries, and service categories to identify opportunities that can add value (performance improvement, demand generation, process reengineering, cost reduction, revenue drivers) to American Express businesses. Create and present compelling business case for change (when needed) to leaders.
  • Lead Sourcing Events and own the project end to end for American Express business using including but not limited to defining requirements, development SOW, supplier sourcing, RFx events, communication plan, change plan etc. Act as primary point of contact for overall Sourcing project and work across stakeholders to ensure timely delivery and effective communication exchange.
  • Lead effective supplier negotiations (including but not limited to commercial and contractual) to drive value and competitive advantage for our business partners. Partner with AXP SME groups to assess and identify contractual risks and drive negotiation to achieve favorable terms for American Express.
  • Support strong supplier governance by properly identifying supplier risk for each engagement, guide American Express Business Unit on Third Party Life Cycle Management (TLM) program and work closely with TLM the complete the program requirements.
  • Act as consultant / partner to American Express business units for Sourcing to Contract related activities across commodities/services and provide solution on related matters often with no precedent.
  • Identify and drive results cross functionally, cross business units and across the Blue Box that have a major impact on American Express’ revenue and profitability.
  • Lead by example to motivate team members and provide team guidance in supplier/market analysis, utilizing unique procurement practices/tools to capitalize on business opportunities.
  • Own the inventory of reporting team member and ensure performance and quality review.
  • Drive team’s performance on key performance metrics and ensure regular update on assigned intake to the team.
  • People management and development of reporting team members.
  • Ensures policy and contract compliance in all strategic sourcing projects.
  • Partner with Procurement Operations team and US Category and Sourcing Managers in procurement activities, transactions and in managing customer requests and issues.
  • Partner with cross geographical commodity teams and country teams in the planning, analyzing, sourcing and implementation process.
  • Engage relevant subject matter experts during the contract negotiation process and work to resolve gaps / deviations requested by Supplier.
  • Ensure update to business stakeholders and SmartBuy on regular basis on each assigned intake.
  • Support reporting requirements effectively capturing value creation and B2B wins in the respective tools and strong follow through to complete those wins.

Past Experience

  • 2-3 years of work experience in a reputed financial organization
  • Preferred:Prior experience in procurement specifically related to supplier contract management

Academic Background

  • Bachelor’s degree
  • A degree in law will be a strong plus

To Apply For This Job, Visit Official Website

Disclaimer: The Recruitment Information provided above is for informational purposes only. The above Recruitment Information has been taken from the official site of the Organisation. We do not provide any Recruitment guarantee. Recruitment is to be done as per the official recruitment process of the company or organization posted the recruitment Vacancy. We don’t charge any fee for providing this Job Information. Neither the Author nor Studycafe and its Affiliates accepts any liabilities for any loss or damage of any kind arising out of any information in this article nor for any actions taken in reliance thereon.

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