Senior Product Manager - Trade Finance

IBDIC (Indian Banks' Digital Infrastructure Company)
Mumbai, Maharashtra, India

Company: IBDIC

Website: Visit Website

Business Type: Startup

Company Type: Product

Business Model: B2B

Funding Stage: Bootstrapped

Industry: Fintech

Job Description

IBDIC (Indian Banks' Digital Infrastructure Company) is a consortium of eighteen banks – Axis Bank, Bank of Baroda, Canara Bank, Federal Bank, HDFC Bank, ICICI Bank, IDBI Bank, IDFC Bank, IndusInd Bank, Indian Bank, PNB, RBL Bank, Kotak Bank, South Indian Bank, Standard Chartered Bank, SBI, Yes Bank and Union Bank of India as investors.

The organisation aims to build Public Digital Infrastructure for Banking using blockchain and other emerging technologies, leveraging the network of member banks to enable high-volume, cost-effective financial transactions.

IBDIC is looking for an experienced Senior Product Manager - Trade Products with strong expertise in Trade Finance operations, product development and emerging technologies, including Artificial Intelligence (AI). The role involves developing innovative Trade Finance solutions across Letters of Credit (LC), Bank Guarantees (BG), Standby Letters of Credit (SBLC) and Supply Chain Finance (SCF), translating business requirements into technology-driven solutions and collaborating with banks to drive product implementation and adoption.

Key Responsibilities

  • Trade Product Strategy & Development: Define product roadmaps and develop AI-enabled and emerging technology solution layer across LC, BG, SBLC, Import/Export Trade Finance and SCF to address operational challenges.
  • AI & Emerging Technologies: Identify and drive use cases involving intelligent document processing, automated document checking, discrepancy detection, fraud prevention and trade compliance automation.
  • Business Requirements & Solution Design: Develop Business Requirement Documents (BRDs), functional specifications, process flows and user stories for Trade Finance products and technology enhancements.
  • Banking Stakeholder Engagement: Collaborate with member banks, Trade Finance Product Heads, Operations, Compliance and Technology teams to gather requirements and develop standardised solutions.
  • Trade Systems & Integration: Coordinate integration requirements involving core banking and trade platforms, APIs, SWIFT messaging and digital trade infrastructure.
  • Regulatory Compliance: Ensure product solutions align with applicable RBI and FEMA regulations and ICC rules, including UCP 600, ISBP, URDG 758 and other relevant Trade Finance standards.
  • Product Implementation & Testing: Lead product validation, User Acceptance Testing (UAT), pilot implementations and go-live activities in coordination with internal teams and participating banks.
  • Technology Evaluation & Product Adoption: Evaluate AI, automation, blockchain and other emerging technology solutions, drive adoption across banks and monitor product performance, operational efficiency and continuous improvement.

Must Have

  • 10–15 years of experience in Trade Finance, preferably with banks, Trade Finance fintechs or banking technology organisations.
  • Hands-on experience in Letters of Credit (LC) and Bank Guarantees (BG) is mandatory, including issuance, amendments, document examination, discrepancies, settlement and invocation.
  • Minimum 3–5 years of experience in Trade Finance operations, handling end-to-end LC and BG transactions.
  • Minimum 3–5 years of experience in Trade Finance product management, business analysis, systems implementation or digital transformation.
  • Strong knowledge of Import/Export Trade Finance, Inland Trade Finance, SBLC, Bank Guarantees etc
  • Experience in preparing BRDs, functional specifications, process flows and user stories, along with conducting UAT.
  • Working knowledge of UCP 600, ISBP, URDG 758, ISP98, RBI and FEMA regulations applicable to Trade Finance.
  • Familiarity with Trade Finance platforms such as Finacle Trade, Finastra TI, Intellect or equivalent systems is added advantage.
  • Understanding of AI, automation and emerging technologies and their applications in Trade Finance.
  • Strong stakeholder management, analytical, communication and problem-solving skills.
  • Graduate degree in a relevant discipline.

Preferred

  • Experience in developing or implementing Trade Finance products across multiple banks or financial institutions.
  • Exposure to AI-driven Trade Finance solutions, including Intelligent Document Processing (IDP), Generative AI, discrepancy detection and automated compliance checks.
  • Understanding of SWIFT MT7xx, ISO 20022, APIs and banking system integrations.
  • Knowledge of electronic Bills of Lading, MLETR, digital trade initiatives and blockchain/Distributed Ledger Technology (DLT)-based Trade Finance platforms.
  • Exposure to sanctions screening, Trade-Based Money Laundering (TBML) controls and fraud detection.
  • Experience working with banking technology vendors, fintechs or digital financial infrastructure platforms.
  • MBA or relevant professional qualification preferred.

Compensation: Industry Benchmarking

Location: Times Square, Marol, Andheri, Mumbai

Why IBDIC

  • Be part of consortium backed by 18 Banks
  • Highly enthusiastic team with excellent management support & growth path
  • Strong leadership inspiring lives with amazing success stories

Ready to be part of something extraordinary? Join our team in this dynamic, new frontier where we're backed by 18 National banks, driven by a highly motivated and well-supported team, and led by an inspirational leadership that's already scripted remarkable success stories. Let's shape the future together.

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Questions about this job

How do I apply for the Senior Product Manager - Trade Finance job at IBDIC (Indian Banks' Digital Infrastructure Company)?

Use the apply link on this page: you apply directly with IBDIC (Indian Banks' Digital Infrastructure Company) on LinkedIn. Before you do, score your resume against this job description on Fitboard. It shows which skills and keywords the job asks for that your resume doesn't show, so you can fix them first.

What skills does IBDIC (Indian Banks' Digital Infrastructure Company) want for this Senior Product Manager - Trade Finance role?

The job description asks for Trade Finance, Letters of Credit (LC), Bank Guarantees (BG), Import/Export Trade Finance, Inland Trade Finance, SBLC, Business Requirement Documents (BRDs) and functional specifications. Make sure your resume shows the ones you have, in the words the job uses: applicant tracking systems look for them.

How can I get a job at IBDIC (Indian Banks' Digital Infrastructure Company)?

Apply to the IBDIC (Indian Banks' Digital Infrastructure Company) roles that match your experience, and tailor your resume to each job description: for this role that means showing Trade Finance, Letters of Credit (LC), Bank Guarantees (BG). A resume that matches the job's own keywords is more likely to get past screening. Fitboard scores your resume against this exact job for free.

Is this Senior Product Manager - Trade Finance job remote or onsite?

This is based in Mumbai, Maharashtra.

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