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 the heart of London.
- Benefits: Enjoy competitive pay, professional development opportunities, and a dynamic work environment.
- Why this job: Be part of a collaborative team that values innovation and offers impactful career growth.
- Qualifications: University degree required; advanced qualifications like CIMA/ACA preferred with relevant banking experience.
- Other info: Opportunity to mentor junior team members and enhance your leadership skills.
The predicted salary is between 43200 - 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 (City of London) employer: Commerzbank AG
Contact Detail:
Commerzbank AG Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Transaction Management Senior Specialist (City of London)
✨Tip Number 1
Familiarise yourself with the specific processes and systems used in transaction management within corporate banking. Understanding the technical aspects of asset finance transactions will give you an edge during discussions with Product Specialists and Relationship Managers.
✨Tip Number 2
Network with professionals already working in transaction management or related fields. Attend industry events or join relevant online forums to gain insights and make connections that could lead to referrals or insider information about the role.
✨Tip Number 3
Brush up on your analytical skills, as this role requires a strong ability to analyse financial results. Consider taking a short course or workshop focused on financial analysis to demonstrate your commitment to continuous learning.
✨Tip Number 4
Prepare to discuss your experience in mentoring and training junior team members. Highlight specific examples where you've successfully guided others, as this is a key competency for the role and shows your leadership potential.
We think you need these skills to ace Transaction Management Senior Specialist (City of London)
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 complex transactions.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Highlight your understanding of the responsibilities and how your background aligns with the key requirements, such as mentoring junior team members and collaborating with various internal teams.
Showcase Your Technical Knowledge: Emphasise your technical expertise in banking processes and compliance. Provide examples of how you've successfully navigated approval processes or improved reporting within previous roles.
Proofread and Edit: Before submitting your application, carefully proofread your documents for any spelling or grammatical errors. Ensure that your writing is clear and professional, reflecting the high standards expected in the banking industry.
How to prepare for a job interview at Commerzbank AG
✨Showcase Your Analytical Skills
As a Transaction Management Senior Specialist, strong analytical abilities are crucial. Be prepared to discuss specific examples of how you've analysed financial results or solved complex problems in previous roles. This will demonstrate your capability to handle the responsibilities of the position.
✨Understand the Bank's Processes
Familiarise yourself with the bank's transaction management processes and compliance requirements. During the interview, reference your understanding of these processes and how you can ensure adherence to them. This shows that you're proactive and ready to hit the ground running.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your problem-solving and decision-making skills. Think of situations where you've had to coordinate with multiple teams or manage a challenging transaction. Use the STAR method (Situation, Task, Action, Result) to structure your responses effectively.
✨Demonstrate Leadership and Mentoring Experience
Since mentoring junior team members is part of the role, be ready to discuss your experience in training or leading others. Share specific instances where you've guided colleagues or improved team performance, highlighting your leadership qualities.