Transaction Banking Job Description

Transaction Banking Job Description

176 votes for Transaction Banking
Transaction banking provides acquisition/divestiture deal support including: review of banking structure and product usage, cash and banking advisory services, due diligence and documentation collection, funding strategy and execution, closing and business integration, advisory support for divested businesses, and TSA coordination.

Transaction Banking Duties & Responsibilities

To write an effective transaction banking job description, begin by listing detailed duties, responsibilities and expectations. We have included transaction banking job description templates that you can modify and use.

Sample responsibilities for this position include:

Review client accounts in detail and compile dossier for re-pricing
Briefing Regional and Sales Managers on the programme and managing client communications
Ensuring audit trail is maintained and key meeting write-ups are reviewed
Ensuring the progress meets the planned delivery targets and maximising project execution
Providing the relevant information and inputs into PMO
Analyze and mitigate treasury operational risk, ensure implementation of cash management strategies and controllership
Support periodic business treasury reviews and explore opportunities to reduce cost, improve processes and strengthen controllership
Coordinate access to and oversight of Treasury bank account & cash management workstations, select bank proprietary system administration support
Coordinate with Legal, Risk, Compliance, local businesses and others to ensure compliance with country-specific regulations on bank documentation, Know Your Customer, FX transactions, and affiliate lending
Develop new processes and implement tools required for effective service delivery to businesses

Transaction Banking Qualifications

Qualifications for a job description may include education, certification, and experience.

Licensing or Certifications for Transaction Banking

List any licenses or certifications required by the position: CTP, SWIFT, FP&A, PMP, BSA/AML, ACAMS, AAP, CIA, CPA, CAMS

Education for Transaction Banking

Typically a job would require a certain level of education.

Employers hiring for the transaction banking job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Finance, Business, Graduate, Accounting, MBA, Computer Science, Education, Technical, Engineering, Management

Skills for Transaction Banking

Desired skills for transaction banking include:

Regulatory policies and procedures
IT solution in cash and transactional FX services
Overall payment systems and the related operations and good understanding of desktop applications are
MS Office applications
TB products and/
Cash and treasury management area
Microsoft Word and Excel
Our business and clients
Correspondent Banking Due Diligence Standards

Desired experience for transaction banking includes:

Coordinate operationalizing Treasury policies, education and training
Manage/support strategic cash management projects, including monitoring and improving banking services
Drive efficiency through standardization and automation
In addition, the right candidate will show excellent skills, including the ability to analyse and interpret data, using Excel
The candidate must have a working knowledge of Microsoft Office(Outlook, Word, Excel, ), prior experience preparing marketing materials and banking proposals, and an ability to work independently to accomplish tasks
Memory retention and recall

Transaction Banking Examples


Transaction Banking Job Description

Job Description Example
Our company is growing rapidly and is looking to fill the role of transaction banking. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for transaction banking
  • Experience of financial due diligence and/or financial services reporting is highly regarded, though we would definitely consider candidates with other skills and the aptitude to learn
  • Strong analytical skills including the ability of interpret data, generate insights and construct solutions
  • Excellent written and oral communication, strong personal impact, ability to perform consistently at a high level under pressure
  • Managing and running the GTB Platforms
  • Ensuring the oversight of the Delivery of the Platforms book of work (transformational and non-transformational) and the housing of portfolio level steering committees on GTBs strategy 2020 Product and Infrastructure investment
  • Following through on the agreed action items
  • Able to develop and suggest solutions, plans and scenarios
  • An analytical and logical thinker with the ability to manage complex solutions
  • An excellent communicator – clear and concise at all levels
  • Culturally sensitive with experience working with and within globally dispersed teams and dealing with the related staffing issues
Qualifications for transaction banking
  • Cross support
  • Part of high performance culture
  • Five to seven-plus years-experience working in Trade Finance would be considered an asset
  • Become familiar with and able to follow guidelines for making check negotiability decisions quickly (rate of 375 checks reviewed per hour)
  • Have 10-key input experience
  • Be able to work well in a fast-paced, deadline driven environment

Transaction Banking Job Description

Job Description Example
Our growing company is looking to fill the role of transaction banking. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for transaction banking
  • A demonstrable structured approach to problem solving
  • Demonstrable knowledge and experience of service-oriented solution design and architecture
  • Educated to bachelor degree level or the equivalent work experience or qualifications
  • Able to demonstrate examples of successful deliveries and a track record in providing insight and innovation through the application of data science
  • Able to operate in a fast-paced Agile/Scrum development environment
  • Familiar with modern IT industry research and trends and be able to challenge the norm but driven to show results quickly
  • Comfortable directing Developers and leading by example
  • Engage with Production Support team to resolve the CRITICAL production issues if developers and not able to resolve
  • Confidence in answering compliance and regulatory questions relating to technology
  • Sitting in various task force within the bank and provide compliance advice
Qualifications for transaction banking
  • Familiar with cash management product
  • Good interpersonal skills, willing-to-learn attitude and hard working
  • Good communication skills both in English and Cantonese, additional proficiency in Putonghua preferable
  • Good computer skills in Excel, MS words and Adobe
  • An undergraduate degree in Business Administration/Commerce and/or a MBA degree
  • 2-3 years of commercial banking or similar lending experience

Transaction Banking Job Description

Job Description Example
Our company is growing rapidly and is looking to fill the role of transaction banking. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for transaction banking
  • Process ACH Client Worksheets and Risk Worksheets
  • Research and resolve all Risk Limit Exceptions Process all incoming and outgoing electronic data transmissions for ACH and EDI systems in a timely manner
  • Reviewing Country Addendums with product managers
  • Providing daily compliance advice to TB
  • Ensure the implementation of applicable group compliance policies and procedures
  • Coordinating with TB colleagues during regulatory inspections and the post-inspection follow up
  • Conducting training sessions according to the changing regulatory environment
  • Perform complex secretarial and administrative duties involving frequent exercise of independent judgment, initiative, diplomacy, and tact in support of a team
  • Manage and maintain department Sharepoint site
  • Compose letters and agendas
Qualifications for transaction banking
  • Good financial analysis skills & knowledge of credit process and loan documentation
  • Proficient computer skills with excellent knowledge of Excel and Word
  • Good overall communication skills and is able to work well independently and in a team environment and takes responsibility for own developmental needs
  • Understand client base and develop appropriate business relationships with customers and business partners
  • Conduct research and analysis as required (industry/clients/products)
  • Ability to work effectively in both independent and team environments

Transaction Banking Job Description

Job Description Example
Our company is searching for experienced candidates for the position of transaction banking. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for transaction banking
  • Focus will be on Japanese corporates operating in the Americas
  • Assist in the follow up of AML cases in coordination with Compliance and customers around the world, utilizing foreign language skills, to obtain responses on RFIs
  • Conduct the check processing Red Flags monitoring and record samples on a daily basis in coordination with Compliance for any possible hits
  • Investigate customer inquiries concerning wire transfers via investigation platform, email and phone
  • Initiate the FX conversions / processing based on customers’ requests
  • Complete and process general ledger request within established timeframes
  • Develop and manage the strategic goals of the Receivable product set that includes both the receipt customer payments and cash receipts
  • Communication with senior management and IT / business departments
  • Facilitating cross organizational (i.e., Bank + Branch) initiatives to set and clarify business direction
  • Interfacing with departments across both East and West Coasts in order to drive project progress forward
Qualifications for transaction banking
  • Undergraduate degree or equivalent experience in Business/Finance
  • In excess of 5 years of experience within Payments Cash Management, Merchants and Commercial Cards
  • Sound understanding of Working Capital Management (at a financial and operational level)
  • Analytical skills and with the ability to think laterally and to work flexibly in a changing environment
  • Tertiary qualification in a business or related discipline is desirable
  • Conduct Transaction Banking

Transaction Banking Job Description

Job Description Example
Our company is growing rapidly and is looking for a transaction banking. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for transaction banking
  • Collect required information on projects from available secondary sources
  • Update the team on a regular basis on the developments made towards collection of required details
  • Provide detailed analysis report to the team on the infra projects before end of internship date
  • Act as the designated Oversight delegate for Transaction Management
  • Conduct a rolling review of outsourced processing functions performed
  • Participate in the Oversight meeting process and provide feedback to local and offshore management within agreed timeframes
  • Regular review and update of Service Level Agreements (SLA’s), procedures and processes as appropriate
  • 100% Completion of monthly spot-checks within established timeframes
  • Review, document and escalate all errors
  • Produce and maintain business relevant metrics/MIS
Qualifications for transaction banking
  • Covers Cash Management and Trade Finance
  • Responsible for Transaction Banking business
  • Minimum 10 year Transaction Banking experience with Bank based in Japan
  • Knowledge of Agile and iterative delivery best practices for example Scrum, Kanban and Essential Unified Process (EssUP) /Rational Unified Process (RUP)
  • Knowledge of architecture best practices and processes including Unified Modelling Language (UML) and The Open Group Architecture Framework (TOGAF)
  • Applied knowledge of web development tools including N-Tier, Java Enterprise Edition (JEE) and Mobile

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