M1xchange - Transaction Manager - Supply Chain Finance

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.