At American Express, our culture is built on a 175-year history of innovation, shared values and Leadership Behaviors, and an unwavering commitment to back our customers, communities, and colleagues. As part of Team Amex, you’ll experience this powerful backing with comprehensive support for your holistic well-being and many opportunities to learn new skills, develop as a leader, and grow your career. 

 

Here, your voice and ideas matter, your work makes an impact, and together, you will help us define the future of American Express. 

 

How will you make an impact in this role?

Global Supply Management (GSM) is responsible for helping AMEX maximize the purchasing power of our third party spend. Strategic Sourcing and Business Enablement is GSM’s face to AMEX colleagues and suppliers. We provide strategic consultation, bringing global value perspective, negotiation and delivery to maximize purchasing power of supplier spend and to free up investment capacity through deeper partnerships with Business Units.  We are also responsible for managing our supplier strategy with our business partners, identifying and on-boarding new suppliers, realizing significant cost saves and contract implementation

The Procurement Associate will be based in Madrid and report into the Market Lead (B35).

Role Responsibilities:

Performing market analysis, total cost modelling, benchmarking and spend analysis

Developing and executing on agreed category plan & sourcing strategies with Business Partners 

Leading sourcing activities across functional lines, markets, business units that have a major impact on American Express’ expense, revenue, and profitability

Leading the end-to-end procurement journey including contract negotiations with suppliers to drive value and competitive advantage to our business partners

Conducting meetings between Amex and suppliers, leading procurement engagements and monitoring project timelines and deliverables are met

Tracking and providing regular reporting and updates to the relevant parties (including line management, local/regional/global GSM team and key stakeholders) on project status

Reviewing and identifying supplier risk and working with Third Party Risk Management teams and Business stakeholders for strong supplier governance

Participating in cross markets/regional initiatives as defined by GSM leadership

Maintaining and promoting the AMEX Values by ensuring that work is completed to the highest professional, legal, and regulatory standards, and that the activities subject to review/procurement comply with the Company's stated business ethics.

 

Minimum Qualifications:

Minimum of three years of procurement experience (Preferably in Financial Services environment)

Evidence of strong procurement experience, competitive intelligence, and capabilities across all categories

Procurement professional with operating knowledge of contract law, local/regional/global sourcing strategies, risk management, vendor due diligence, supplier development and complex negotiations skills

Ability to manage day to day business priorities along with long term strategic deliverables

Strong project management skills and financial experience including development of CBAs and financial models

Passion for using analytics to develop insights and recommendations, solve business challenges, improve the customer experience, and drive bottom line results

Strong communication and influencing skills with evidence of consistently delivering cost savings and value-add opportunities

Ability to proactively drive internal stakeholder and external supplier relationships

Experience managing complex procurement contracts

Fluent in Spanish and English

We back you with benefits that support your holistic well-being so you can be and deliver your best. This means caring for you and your loved ones' physical, financial, and mental health, as well as providing the flexibility you need to thrive personally and professionally:

Competitive base salaries Bonus incentives Support for financial-well-being and retirement Comprehensive medical, dental, vision, life insurance, and disability benefits (depending on location) Flexible working model with hybrid, onsite or virtual arrangements depending on role and business need Generous paid parental leave policies (depending on your location) 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

Offer of employment with American Express is conditioned upon the successful completion of a background verification check, subject to applicable laws and regulations.