M1xchange - Relationship Manager - Transaction Banking
1 week ago
- As a Transaction Manager in our company, the candidate will be responsible for overseeing the end-to-end conversion of individual transaction from various clients across different bank limits.- The candidate will need to ensure that the transactions are carried out seamlessly within the scheduled TAT and budget.- The candidate will also be required to periodically update seniors/management personnel, and clients on any prospective transaction-related changes and/or deviations.- To ensure success as a Transaction manager, you should have a complete understanding of the products, process, and be able to proactively spot any transactional challenges and solve them as quickly as possible.- Ultimately, a top-notch Transaction manager should demonstrate mastery of the Transaction process to minimize any associated costs or risks.Job Responsibilities:- Closely interacting with the users on the client (supplier/buyer) side to post bills/invoices on the platform.- Handhold the buyers and MSME suppliers on the procedure and documentation required to upload and accept the bills/invoices.- Most of the communication and correspondence with the clients is expected to happen over mail/phone.- Analysing any requests for changes in transaction documents/ process flow and consulting with management to deny or approve the proposed changes.- Estimating, projecting and preparing plans for discounting of bills/invoices on a daily basis.- Creating Transactional plans and documents to outline expectations, scope, schedule, and budget requirements.- Coordinating with the internal teams (Banking teams) to ensure timely and suitable bids from Banks/financers.- Co-ordinating with the users at client end (Buyers), our RMs, and Banking teams to get the bids placed by financers accepted by the clients for processing/disbursement.- Keeping all parties involved with the Transaction updated on its progress by Producing and maintaining summary reports for scheduled and completed transactions.- Monitor leads provided by customers carefully and make sure smooth on boarding.Profile and Qualifications:- At least 2 year experience in Transaction management and handling digital transactions.- Awareness of trade finance and related transactions and associated documentation, tools, and templates.- Master's or Bachelor's degree in business, Finance, or a related field.- MBA is a plus.- Strong analytical and problem-solving skills.- Effective communication and interpersonal skills.- Proven ability to work collaboratively in a fast-paced, dynamic environment.- Candidate must have experience in working on digital platforms.- Must be solution oriented\ (ref:iimjobs.com)
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