Job Description:
The primary focus of this role is ensuring profitable relationships with key merchant partners. This role will redefine relationships to be more condition-based through understanding the needs of key merchants in a rapidly evolving payments industry environment. Reinforcing core American Express value and strategy against these needs, along with emerging market-place technologies, will be critical.
The incumbent will:
- Own the relationship with key merchants in an effort to drive charge volume, grow transactions and increase merchant satisfaction
- Enhance premium value delivery to the accounts to minimize D.R. erosion and enable - value recapture.
- Drive network enhancement initiatives
- Manage a portfolio of key/potential accounts in market, providing proactive servicing to the most important partners and re-actively manage the remainder
- Influence leadership and other levels in the partner organization
- Support in Fraud Prevention / Education
- Work with Central Marketing Organization to support select industry initiatives
- Outperform competition and expand our capabilities
- Own at least 1 industry for analyzing trends, competitor activities and best practices from the basket of managed industry partners (i.e. T&E, E-commerce, Retail, Entertainment etc.)
- Work closely with accounts and the American Express back office teams to ensure that all technical and financial issues are resolved quickly and efficiently.
- Develop and implement targeted marketing campaigns that will both deliver additional card-member benefits and drive spend with accounts.
Critical Success Factors
- Portfolio planning and ongoing management of accounts against plan
- Development and implementation of Industry and account-specific strategies
- Develop in-depth understanding of the customer, identify operational issues and champion solutions that positively impact merchant partner satisfaction
- Identify key trends, needs, developments & competitive activities in client industries
- Coordinate support resources including Marketing and Operations liaisons
- Renegotiation of contracts within the portfolio
- Manage an effective pipeline of opportunities, including network enhancement
- Differentiate American Express value and build relationships for success
- Provide support to key AXP activities, E.g. showcase/platform events
Qualifications:
- Minimum 4 years of experience post MBA with 3 years in a customer facing role.
- Preferred industries include airlines, travel aggregators, payment processors, financial services etc.
- Issuer and Acquirer product knowledge. Prior merchant-facing experience will be a plus.
- Strong influencing, collaboration and relationship-building skills.
- Effective conflict resolution and negotiation skills
- Superior servicing efficiency and customer sensitivity
- Proven experience of Consultative Selling Process
- Knowledge of internet/online and emerging payments will be an advantage
- Post-graduation will be an advantage
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