M1xchange - Relationship Manager - Transaction Banking

- 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\