At a Glance
- Tasks: Manage and monitor Asset Finance transactions, ensuring smooth operations and compliance.
- Company: Join a leading corporate banking and capital markets organisation in London.
- Benefits: Enjoy opportunities for professional growth, mentorship, and a collaborative work environment.
- Why this job: Be part of a dynamic team that values innovation and offers impactful career development.
- Qualifications: University degree required; advanced degree and professional qualifications preferred.
- Other info: Ideal for those with strong analytical skills and a passion for finance.
The predicted salary is between 48000 - 72000 £ per year.
A leading corporate banking and capital markets organisation is seeking a Transaction Management Senior Specialist to join their team in London.
Main Purpose of this role: A Transaction Management specialist works directly with Product Specialists, Relationship Managers and Clients to manage and monitor new and existing Asset Finance transactions. They provide monitoring expertise and detailed technical knowledge of the Banks’ processes to ensure that transactions are effectively managed throughout their life cycle.
Responsibilities include:
- Coordinating with all relevant internal teams to steer transactions through applicable transactional approval processes, ensuring adherence to all relevant terms & conditions throughout the deal tenor.
- Actively analysing financial results for CC Lending and preparing management information and reports as required.
- Ensuring that all business activities conducted are in compliance with the applicable policies of the Bank.
Key Activities and Competencies:
- Ensure the smooth day to day running of the Transaction Management function within CC Lending London.
- Support Transaction Management in other locations where needed.
- Collaborate with the Product Teams in CC Lending and participate in initial structuring discussions concerning trade capture, control, reporting and support subsequent approval process where required (i.e. NPP).
- Understand the team’s portfolio of existing and new transactions and serve as a liaison point for functions within the Bank e.g. Finance, Risk, Operations, Compliance, Legal to ensure transactions are properly approved and reflected in the bank’s systems.
- Assist the preparation, review and presentation of management information (MI) for senior management and play an active part in streamlining MI reporting within CC Lending.
- Ensure CC Lending revenues, costs, and capital charges are correctly reflected in the team’s management accounts.
- Update relevant processes and procedures, continually enhance established processes within the team and support ad hoc projects.
- Respond to day-to-day requests by team members by providing information and advice, ensuring that issues are appropriately resolved.
- Comply with all Group and Divisional policies and standards including, but not limited to, Compliance, Risk, Human Resources and Finance and to adhere to ComWert.
- Train and mentor junior team members.
- Offer expert advice in area of specialisation, demonstrating technical and product knowledge.
Key Requirements:
- Formal education: University degree or equivalent; advanced degree preferred.
- Further professional qualification advisable (CIMA/ACA).
- Broad knowledge and expertise based on sufficient years of professional experience in Accounting/Banking.
- Strong analytical and problem-solving abilities.
- Capability to understand and explain concepts and ideas to diverse audiences including senior management.
- Ability to mentor junior team members.
- Excellent organisational, communication and diplomacy skills (both written and oral).
- Capacity to work independently as well as collaboratively.
- Ability to perform effectively under time pressure.
Transaction Management Senior Specialist employer: Commerzbank AG
Contact Detail:
Commerzbank AG Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Transaction Management Senior Specialist
✨Tip Number 1
Familiarise yourself with the specific processes and systems used in transaction management within corporate banking. Understanding the intricacies of asset finance transactions will give you an edge during interviews, as you'll be able to speak confidently about how you can contribute to the team.
✨Tip Number 2
Network with professionals in the banking and finance sector, especially those who work in transaction management. Attend industry events or join relevant online forums to gain insights and potentially get referrals that could help you land the job.
✨Tip Number 3
Brush up on your analytical skills and be prepared to discuss how you've used them in past roles. Since the position involves analysing financial results and preparing management information, showcasing your experience in these areas will demonstrate your suitability for the role.
✨Tip Number 4
Highlight your ability to mentor and train junior team members during any discussions or interviews. This is a key requirement for the role, and showing that you have experience in this area will make you a more attractive candidate.
We think you need these skills to ace Transaction Management Senior Specialist
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in transaction management, asset finance, and corporate banking. Use specific examples that demonstrate your analytical skills and ability to manage transactions effectively.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Highlight your understanding of the key responsibilities and how your background aligns with the requirements, particularly your experience in compliance and financial analysis.
Showcase Relevant Skills: Emphasise your strong analytical and problem-solving abilities in your application. Provide examples of how you've successfully collaborated with various teams and managed complex transactions in previous roles.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for the Transaction Management Senior Specialist role.
How to prepare for a job interview at Commerzbank AG
✨Know Your Transactions
Familiarise yourself with the types of Asset Finance transactions the company handles. Be prepared to discuss specific examples and demonstrate your understanding of the transaction life cycle, as this will show your expertise and readiness for the role.
✨Showcase Analytical Skills
Prepare to discuss how you have used analytical skills in previous roles. Bring examples of how you've analysed financial results or managed reports, as this is a key part of the job. Highlight any tools or methodologies you’ve used to enhance reporting processes.
✨Demonstrate Team Collaboration
Since the role involves working closely with various teams, be ready to share experiences where you successfully collaborated with different departments. Emphasise your ability to communicate effectively and resolve issues, showcasing your diplomacy skills.
✨Prepare for Compliance Questions
Understand the importance of compliance within banking and be prepared to discuss how you ensure adherence to policies and standards. You might be asked about specific compliance challenges you've faced and how you navigated them, so have some examples ready.