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M1xchange - Relationship Manager - Transaction Banking

M1xchange - Relationship Manager - Transaction Banking

M1xchangeKolkata, India
30+ days ago
Job description
  • 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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