Team Lead – Trade Finance
Luxoft · Riyadh, Saudi Arabia
Apply & track with Apply EdgeProject Description:We are hiring a Team Lead – Trade Finance who will bridge business stakeholders and technology teams on Finastra Trade Innovation implementations, upgrades and enhancements. You will own requirements end to end, from current-state analysis and fit-gap through configuration support, testing and go-live.The candidate knows trade products and ICC rules as well as an operations user, and knows Trade Innovation's product modules, static data and integrations well enough to shape practical solutions.
Responsibilities
Define product setup in the trade system, including product types, events and steps, static data, charges and tariffs, accounting postings, and workflows.Specify interfaces between the trade system and core banking, limits/credit, general ledger, payments, sanctions screening, document management, and corporate channels.Define SWIFT message mappings for MT7xx, MT4xx, and MT798 (corporate-to-bank) flows, including validation rules.Support data migration by mapping legacy transactions, establishing reconciliation rules, and planning cut-over activities.Prepare test scenarios covering complete transaction lifecycles, such as issue, amendment, document presentation, discrepancies, payment, settlement, and expiry.Support system integration testing, coordinate user acceptance testing with operations users, and triage defects with development and vendor teams.Contribute to version upgrades, regression testing, and provide production support for complex functional issues.Act as the functional liaison for business users, vendors, and delivery teams.Ensure solutions comply with trade rules, regulatory reporting, and internal compliance requirements including AML, sanctions, and trade-based money laundering controls.Produce training materials, user guides, and release notes; conduct knowledge-transfer sessions.Manage incident and problem resolution by logging, categorizing, tracking, reproducing, diagnosing, and resolving issues, including root cause analysis and post-incident reporting.Monitor system health, transaction flows, interfaces, end-of-day processing, and batch jobs; oversee failure recovery and detect anomalies to prevent business impact.Perform configuration changes and parameter maintenance to support new products, mandates, and regulatory updates.Manage production releases and change control processes; apply and test fixes, patches, and minor enhancements; support maintenance across production and non-production environments.Mandatory Skills Description:7-12 years of total working experience in IT.Deep Expertise in Finastra Trade Innovation and Trade Finance Operations.Deep Trade Innovation functional and technical knowledge.Finastra Trade Innovation.At least 3 years of hands-on experience with Finastra Trade Innovation (TI Plus, TI Plus2 or Fusion Trade Innovation), ideally across two or more implementations or upgrades.Working knowledge of TI modules: Import and Export LCs, Standby LCs, Guarantees (issued and received), Import and Export Collections, Shipping Guarantees, Trade Loans/Financing and Bills discounting.Understanding of TI static data, customer and account setup, charges and tariffs, posting/accounting rules, event and step workflow, and user roles.Familiarity with TI integration options (web services, message queues, file-based interfaces) and the TI Corporate Portal or bank's own corporate channel.Trade finance domain.Strong grasp of the full lifecycle of documentary credits, guarantees, collections and trade financing products.Working knowledge of ICC rules: UCP 600, ISBP 821, URDG 758, ISP98, URC 522, URR 725, eUCP and Incoterms 2020.SWIFT Category 4 and 7 messages and MT798; awareness of trade digitisation (MLETR, electronic bills of lading).Knowledge of supply chain finance (payables, receivables, invoice financing) is an advantage.