Job Description:
Relationship Manager (RM): An RM in an SME would focus on maintaining and building relationships with customers and clients. They might also assist in securing working capital by maintaining valuable relationships with financial institutions and ensuring that the business has access to necessary funding.
SME (Small and Medium-sized Enterprises): SMEs often require specialized relationship managers to handle their unique needs and challenges. Effective management of working capital is crucial for the survival and growth of SMEs.
Working Capital: For an SME, managing working capital is vital. An RM can play a key role in ensuring that the SME maintains adequate working capital to meet its short-term obligations and invest in growth prospects.