Campus Graduate –Global Merchant & Network Services 2024 Pricing Summer Internship

Job Description

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 American Express business has two core types of customers. The Card Members that use our cards to make purchases, and the businesses that accept them. In Global Merchant & Network Services, we primarily focus on the businesses that accept our cards. We bring together the businesses that lead and evolve the company’s relationships with the millions of merchants around the world that accept American Express, as well as the team that runs the company’s payment network and handles bank partnerships globally. This is an exciting time for GMNS. We are expanding global acceptance of our cards, driving greater usage of our network, demonstrating our modern capabilities to assemble broader revenue streams, and driving innovation both in-house and with partners. To put the scale of our global reach in numbers:

• More than 80 million global locations accept American Express payment products.
• We operate in 198 countries and territories.
• We have 135+ million cards in force, that perform 12 billion transactions per year and give more than $1.5 trillion in network volume.
• We have 190+ partners who either issue cards on our network, and/or sign new businesses to accept Amex on our behalf.

This internship experience will offer you the opportunity to be part of an innovative and hard-working team focused on making American Express an indispensable payments partner to our merchants, delivering differentiated products and services and driving revenue growth for both merchants and American Express.

Role Specific Info

The Global Merchant & Network Pricing (GMNP) team is responsible for the single largest source of revenue for American Express: merchant discount revenue. The team works closely with multiple business partners to determine pricing structures that encourage merchant acceptance of American Express, while striving to improve coverage and merchant satisfaction. Ultimately, the team drives merchant revenue and profit growth through customer-centric pricing principles, flexible pricing architecture, and innovative pricing solutions.

The MBA Summer Internship Pricing Manager position is responsible for developing actionable insights and providing analytical support for strategic merchant pricing initiatives. This position will work alongside senior leaders in the Pricing and Client Management organizations in a fast-paced environment to support high-profile projects that have significant impact on American Express.

What type of work can you expect to do in Pricing at American Express?

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 intern should be a dynamic individual who can partner closely with senior leaders and has the right ambition to motivate change. Key responsibilities include:

• Develop pricing approaches or constructs based on quantitative data analysis and provide recommendations on key financial / commercial terms
• Leverage internal and external data, competitive intelligence, and industry research to advise pricing strategies and maintain pricing integrity
• Evaluate cases for various merchant pricing scenarios, model P&L impacts, and perform sensitivity analyses to drive agile business decisions
• Build relationships with partners in the Client Management organization that drive team accountability and achieve
• stated goals

Skills/Experience

• Strategic thinker with the ability to work through unstructured problems and develop clear, data-driven insights
• Strong relationship management and collaboration skills, with the ability to influence others in situations where there may be different goals
• Creative problem solver who is willing to question traditional ways of doing things and develop new approaches to old challenges
• Excellent communication skills and strong executive presence with the ability to appropriately structure information to drive decision-making
• Self-starter who excels in a fast-paced, dynamic environment that places a premium on driving results
• Strong analytical skills and financial savvy, including familiarity with financial modeling and sensitivity analysis in Excel
• Experience in the payments industry or consulting a plus
• SAS / SQL a plus

Requirements/Qualifications

• Bachelor’s degree with 2+ years of professional experience
• Currently enrolled in a full-time graduate degree program with a graduation date between December 2024 and June 2025

Salary Range: $38.45 to $87.00 hourly + sign-on bonus

The above represents the expected hourly pay 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

  • Flexible work arrangements and schedules with hybrid and virtual options with Amex Flex

  • 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

  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.

  
  

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

  
  

  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.

  
  

  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/Employees - Click here to view the “Know Your Rights” poster and supplement and the Pay Transparency Policy Statement.