M1xchange – Transaction Manager – Supply Chain Finance M1xchange

The Corporate Institute; Chennai District; On-site; INR 600,000 - 1,200,000; Full time

Job summary

Mynd Fintech Private Limited in Chennai seeks a Transaction Manager to oversee end-to-end conversion of transactions for diverse clients. You will ensure adherence to scheduled TAT and budget while guiding suppliers and buyers through documentation, posting bills, and coordinating with banking partners for timely bids and disbursements.

The role requires hands-on experience with digital transactions, strong data analysis, and proactive problem solving.

Qualifications

• At least 2 years experience in Transaction management and handling digital transactions.
• Good interpersonal skills.
• Go getter attitude.
• Ability to solve problems and analyse data.

Responsibilities

• Interact with suppliers/buyers to post bills/invoices on the platform.
• Guide buyers and MSME suppliers on required procedures and documentation.
• Analyze requests for changes in transaction documents and approve/deny accordingly.
• Estimate and plan discounting of bills/invoices daily.
• Create transactional plans outlining scope, schedule and budget.
• Coordinate with banking teams to obtain bids from financers.
• Work with clients, RMs and banking teams to get bids accepted for processing/disbursement.
• Produce and maintain summary reports for scheduled and completed transactions.
• Monitor leads and ensure smooth onboarding.

Skills

Interpersonal skills

Data analysis

Problem solving

Report generation

Digital transactions

Job description

Position: Transaction Manager – Mynd Fintech

Location: Chennai

About Us:

MYND FINTECH PRIVATE LIMITED (Mynd Fintech) is a Digital lending marketplace focused on enabling Supply Chain Finance Solutions. As a Digital marketplace, it orchestrates the financing process between the Anchor, Vendors, Dealers, Buyers and the Banks/NBFCs, as shown in the adjacent schematic, with an E2E digital transaction flow. With a focus on driving financial inclusion and providing cutting-edge services, we are poised for rapid growth and expansion. We are seeking a dynamic and strategic-minded individual to join our team as a Transaction Manager.

Website: https://myndfin.com/

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:

• As a Transaction Manager in Mynd Fintech, the candidate will be responsible for overseeing the end-to-end conversion of individual transaction from various clients.
• The candidate will need to ensure that the transactions are carried out seamlessly within the scheduled TAT and budget.
• To ensure success as a Transaction manager, you should have a complete understanding of the product, process, and be able to proactively spot any transactional challenges and solve them as quickly as possible.
• At least 2 years experience in Transaction management and handling digital transactions.
• Good interpersonal skills.
• Go getter attitude.
• Ability to solve problems and analyse data.
• Good hands on experience in report generation, analysing various reports, validating reports etc.