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Senior Manager, Merchant Pricing - job 9 of 13

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 Services (GMNS) organization is responsible for managing relationships with millions of Merchants and Partners around the world that facilitate American Express acceptance and enabling the day-to-day operations of our company’s payment network.

The role of the Global Merchant & Network Pricing (GMNP) team is to design and implement global pricing strategies that support our coverage objectives and optimize our Discount Revenue. This revenue stream is the single largest source of American Express’ revenue and Merchant Pricing strategies play a key role in driving financial performance.   

The Senior Manager, Merchant Pricing – Global Client Group (GCG) is responsible for managing the pricing strategy and financial analyses for several of American Express’ largest global merchant relationships. This position will also drive the merchant pricing and commercial negotiation strategy for several of the most strategic accounts across a variety of different industries (retail, online, lodging, car rental, etc.).

The Senior Manager is also responsible for supporting important broad-scale pricing initiatives aimed at preserving our merchant discount rate while balancing the organization’s goal for growing profitable charge volume and merchant expansion; essential to the strength of our business.

This is an excellent opportunity for an individual to gain deep knowledge of the Merchant business, as well as exposure to and insight from senior leaders across the Blue Box.  The Senior Manager should be a dynamic individual who can work closely with senior leaders and has the right ambition to drive change.

Qualifications:

  • 5+ years of experience within Pricing, Finance, Analytics or related field required
  • Bachelor's degree required
  • Strategic thought leader with the ability to work through unstructured problems and develop clear action plans
  • Strong aptitude for analytics; demonstrated ability to develop sophisticated financial models and draw value-added insights from large amounts of financial data
  • High proficiency in Microsoft Office Tools: Excel, PowerPoint and Outlook required
  • SQL and/or SAS data querying is preferred
  • Strong relationship management and collaboration skills with the ability to influence others in situations where there may be different goals
  • 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
  • Demonstrates exceptional attention to detail and organizational skills ensuring accuracy, precision, and efficiency in all tasks and has the patience to undertake time-consuming projects
  • Ability to excel in a fast-paced, dynamic team environment, which 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
  • Strong project management skills with full ownership from analysis through to implementation
  • Passionate focus on the customer; demonstrated desire to understand and solve for customer needs
  • Demonstrated ability to handle multiple requests and prioritize accordingly
  • Capacity to remain calm and flexible under pressure

Salary 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 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. American Express will consider for employment all qualified applicants, including those with arrest or conviction records, in accordance with the requirements of applicable state and local laws, including, but not limited to, the California Fair Chance Act, the Los Angeles County Fair Chance Ordinance for Employers, and the City of Los Angeles’ Fair Chance Initiative for Hiring Ordinance. For positions covered by federal and/or state banking regulations, American Express will comply with such regulations as it relates to the consideration of applicants with criminal convictions.

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 - Click to view the “Know Your Rights” poster. If the link does not work, you may access the poster by copying and pasting the following URL in a new browser window: https://www.eeoc.gov/poster

Employment eligibility to work with American Express in the U.S. is required as the company will not pursue visa sponsorship for these positions.

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Average salary estimate

$117500 / YEARLY (est.)
min
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$80000K
$155000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Senior Manager, Merchant Pricing, American Express

Welcome to American Express, where you have the opportunity to step into the role of Senior Manager, Merchant Pricing at our vibrant New York office! In this position, you’ll play a crucial part in shaping the pricing strategy and financial analyses for some of our most prominent global merchant relationships. Imagine collaborating with senior leaders, forging strategies that not only preserve our merchant discount rate but also drive growth in profitable charge volume. Your analytical prowess will be pivotal as you analyze complex financial data, create sophisticated models, and present insights that support our overarching goals. As a dynamic leader, you will lead commercial negotiations and manage crucial pricing initiatives across various industries, including retail, online, and hospitality. You'll have the chance to truly immerse yourself in the intricacies of the Merchant business, all while being a part of a team that emphasizes integrity, innovation, and collaboration. At American Express, we believe in nurturing your talents and supporting your personal and professional growth. You’ll enjoy a competitive salary, bonuses, comprehensive benefits, and a flexible work environment that balances remote work and in-office collaboration. Join us in making a significant impact on our business and creating the best customer experience while growing your career within a forward-thinking organization!

Frequently Asked Questions (FAQs) for Senior Manager, Merchant Pricing Role at American Express
What are the primary responsibilities of the Senior Manager, Merchant Pricing at American Express?

As the Senior Manager, Merchant Pricing at American Express, you'll be responsible for managing the pricing strategy and financial analyses for major global merchant relationships. This includes driving commercial negotiations and leading pricing initiatives that aim at maintaining our discount rates while promoting growth. You'll work closely with senior leaders and optimize discount revenue, which is vital to American Express's financial performance.

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What qualifications are required for the Senior Manager, Merchant Pricing role at American Express?

To qualify for the Senior Manager, Merchant Pricing position at American Express, candidates must have at least 5 years of experience in Pricing, Finance, or Analytics, along with a Bachelor's degree. You should possess strong analytical skills, be proficient in tools such as Microsoft Office, and preferably have experience with SQL or SAS. Excellent communication and relationship management skills are also essential for success in this role.

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What skills are essential for the Senior Manager, Merchant Pricing at American Express?

In the role of Senior Manager, Merchant Pricing at American Express, several key skills are crucial. These include strategic thinking, strong analytical abilities for financial modeling, excellent communication skills to present findings to senior leaders, and exceptional project management capabilities. Furthermore, a collaborative mindset and an eagerness to innovate are vital as you work to develop effective strategies and enhance customer satisfaction.

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What does the work environment look like for the Senior Manager, Merchant Pricing at American Express?

The work environment for the Senior Manager, Merchant Pricing at American Express combines a collaborative atmosphere with the flexibility of a hybrid working model. You'll engage with diverse teams, work on strategic pricing initiatives, and have the opportunity to lead discussions with senior executives. American Express values inclusivity and ensures that all colleagues feel connected and supported, regardless of where they're working from.

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What can I expect in terms of career development as a Senior Manager, Merchant Pricing at American Express?

At American Express, career development is a priority for employees in the Senior Manager, Merchant Pricing role. You can expect ongoing training opportunities, mentorship from senior leaders, and the chance to work on broad-scale pricing initiatives that enhance your skill set. The company’s commitment to personal and professional growth means you'll have the resources and support necessary to advance in your career.

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Common Interview Questions for Senior Manager, Merchant Pricing
Can you describe your experience with financial modeling relevant to the Senior Manager, Merchant Pricing position?

When discussing your experience with financial modeling, focus on specific projects where you created or improved models. Highlight any sophisticated techniques you used to draw insights from data, and emphasize the impact your models had on decision-making and strategy development.

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How do you manage pricing strategies in a competitive market?

In response to managing pricing strategies in a competitive market, share your approach to market analysis, emphasizing how you gauge competitors and identify opportunities. Discuss techniques to leverage customer insights and data analysis to craft strategies that maintain profitability while enhancing competitiveness.

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What approach do you take to balance revenue growth and maintaining discount rates?

To balance revenue growth while maintaining discount rates, explain how you analyze market conditions and consult with stakeholders to create mutually beneficial strategies. Share examples of past experiences where you successfully achieved this balance through negotiation and strategic planning.

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Can you give an example of a challenging pricing negotiation you led?

When describing a challenging pricing negotiation, detail the situation, the objectives, and the stakes involved. Highlight your negotiation tactics, communication skills, and the outcome, especially if it resulted in a successful agreement that benefitted both parties and your organization.

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How do you ensure accuracy and attention to detail in your pricing analyses?

In your answer, emphasize the importance of a systematic approach to pricing analysis. Share your method for conducting thorough reviews, double-checking data sources, and utilizing tools that promote accuracy. You might also mention instances where your diligence positively impacted business outcomes.

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What methodologies do you use for data analysis in pricing strategies?

Discuss specific methodologies you've employed, such as regression analysis, trend analysis, or predictive modeling. Make sure to illustrate how these methodologies helped inform pricing decisions in past roles, emphasizing the successful outcomes derived from your analytical approach.

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How do you prioritize multiple requests from stakeholders?

When answering, outline your prioritization strategy, referring to methods like the Eisenhower Matrix or impact assessments. Describe a situation where you effectively balanced competing demands, ensuring all stakeholders felt heard while securing the best overall outcomes.

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Describe your experience working with SQL or SAS in pricing analysis.

Share specific projects where you used SQL or SAS, detailing the type of data you analyzed and how your findings influenced pricing strategies. Highlight your technical proficiency and the analytical insights you derived that had a positive impact on the business.

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What do you believe distinguishes a successful Senior Manager, Merchant Pricing from an average one?

In your response, identify key traits that differentiate high performers, such as strategic foresight, exceptional negotiation skills, and a data-driven mindset. Illustrate your points with examples from your experience, showcasing how you embody these traits in your work.

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How do you stay informed about industry trends affecting merchant pricing?

Discuss your strategies for keeping abreast of industry trends, such as attending conferences, networking with industry peers, or subscribing to relevant publications. Mention how understanding these trends informs your pricing strategies and helps you anticipate potential market shifts.

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American Express is a multinational financial services corporation and global leader in providing personal, small business, and corporate credit cards.

3896 jobs
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Badge Family FriendlyBadge Office VibesBadge Work&Life BalanceBadge Rapid Growth
CULTURE VALUES
Inclusive & Diverse
Empathetic
Collaboration over Competition
Growth & Learning
Transparent & Candid
BENEFITS & PERKS
Medical Insurance
Dental Insurance
Mental Health Resources
Life insurance
Disability Insurance
Child Care stipend
Employee Resource Groups
Learning & Development
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EMPLOYMENT TYPE
Full-time, hybrid
DATE POSTED
April 20, 2025

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