Business Analyst II at American Express Company South Africa

Gurugram, haryana, India -

Full Time

Start Date

Immediate

Expiry Date

09 Feb, 26

Salary

0.0

Posted On

11 Nov, 25

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Analytical Skills, Communication Skills, Influencing Skills, People Management, Financial Processes, Contract Management, Process Efficiency, Collaboration, Leadership, Problem Solving, Attention To Detail, Data Driven Approach, Client Incentive Process, Compliance, Oracle, Pricing

Industry

Financial Services

Description

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? Responsible for contacting clients with overdue accounts to secure the settlement of the account. Also they do preventive work to avoid future overdue with accounts that have a high exposure. Responsible for Corporate Client Contractual Payments for US Global clients which have high complexities and multiple divisions with unique financial terms and high severity clients. The position will also be responsible to work closely with GCP business and LFO group to ensure the alignment on the financial terms to profile the contract. The role will be expected to ensure accomplishment and sustenance of various measures, metrics and initiatives pertaining to Client Incentive Process Key responsibilities: Accurate interpretation the financial terms for US Market Contracts between Amex and Corporate Clients. Managing client incentive payments process for US Middle & Large Market which involves review of accuracy before processing incentive pay-outs to corporate clients as per the terms of the Contract with AMEX within prescribed timelines. Extensive coordination & collaboration with various groups like Vendor creation, Oracle, Business Groups, Contract Management, Pricing, Controllership, Compliance teams to ensure Compliance requirements are met. Ensuring the timely and accurate payment of incentive to Clients and keep Amex brand intact Ensuring the accurate deal interpretation and system setup of contract financial terms Performing Secondary review of client incentive payment performed by other peer based on their financial terms in the agreement Interact with various work groups, viz. Pricing, Account Managers, Finance and Technology to identify specific areas of focus and issues requiring leadership attention, flag any pressure points, and resolve time sensitive issues. Support the design and execution of a robust and sustainable model for monitoring and reporting of key measures of success for client incentives payments. Maintenance of trackers such as on-hold, Ageing, SOFR and payments related trackers and consolidate them for CI payments. Collaborate with Partner Operations Governance on relevant initiatives and deliverables. Drive Regular Governance Calls with Business to ensure no surprises in operations Focus on value-add initiatives that improves process efficiency and accuracy. Minimum Qualifications Should be a CA/ Graduate with 4-6 years of relevant work experience. Eye for detail, strong analytical skills and ability to comprehend complex contractual terms into financial implications for the business. Strong communication and influencing skills, and ability to manage multiple relationships and priorities. Ability to develop innovative solutions using a data driven approach, multiple variables and insights. Good understanding of Amex products, financial processes, systems and tools will be an added advantage. Demonstrate leadership skills needed to create, develop, train, motivate and communicate with diverse work force. Must have strong, proven People Management skills. handling cross functional and cross-cultural teams. 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 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. Offer of employment with American Express is conditioned upon the successful completion of a background verification check, subject to applicable laws and regulations.

How To Apply:

Incase you would like to apply to this job directly from the source, please click here

Responsibilities

The Business Analyst II is responsible for managing client incentive payments and ensuring accurate interpretation of financial terms for contracts. This role involves extensive coordination with various teams to ensure compliance and timely payments to clients.