Senior Product Manager - Lending, NG

FairMoney is a pioneering mobile banking institution specializing in extending credit to emerging markets. Established in 2017, the company currently operates primarily within Nigeria, and it has secured nearly €50 million in funding from renowned global investors, including Tiger Global, DST, and Flourish Ventures.

In alignment with its vision, FairMoney is actively constructing the foremost mobile banking platform and point-of-sale (POS) solution tailored for emerging markets. The journey began with the introduction of a digital microcredit application exclusively available on Android and iOS devices. Today, FairMoney has significantly expanded its range of services, encompassing a comprehensive suite of financial products, such as current accounts, savings accounts, debit cards, and state-of-the-art POS solutions designed to meet the needs of both merchants and agents.

FairMoney thrives on its diverse workforce, bringing together talents from over 27 nationalities. This multicultural team drives the company’s mission of reshaping financial services for underserved communities.

Role Overview:

As a Senior Product Manager for the lending division, you will be a key driver in shaping the strategy and roadmap for our lending products. You will be responsible for developing and executing a product vision that aligns with our company's goals and customer needs. This role requires a deep understanding of lending practices, fintech industry trends, and the unique challenges and opportunities present in the African market.

Key Responsibilities:

• Product Strategy and Vision:

• Develop a clear and compelling product strategy for the lending division that supports Fairmoney's overall business objectives and aligns with the company's mission.
• Identify and prioritise market opportunities, ensuring that our lending products remain competitive and relevant in the rapidly evolving fintech landscape.
• You will be working on the Lending platform that powers all our lending products. You'll be closely working with the technical team to shape the scalability of the platform, and therefore the business overall.

• Product Roadmap Management:

• Collaborate with cross-functional teams, including Engineering, Growth, Design, Data Science, Risk and Operations, to create a comprehensive and achievable product roadmap.
• Regularly review and refine the roadmap to adapt to market dynamics, customer feedback, and business priorities.
• Have the ability to brutally prioritise based on identified and agreed on goals.

• Customer Insights and Analysis:

• Conduct thorough market research and customer analysis to gain valuable insights into customer behaviour, pain points, and preferences related to lending products.
• Utilise data-driven insights to make informed product decisions, enhance user experiences, and drive customer satisfaction.

• Product Development and Launch:

• Oversee the end-to-end product development process, from concept to launch, ensuring that the lending products meet high standards of quality and compliance.
• Collaborate closely with cross-functional teams to deliver products within agreed timelines and budgets.

Requirements

• Bachelor's degree in Business, Finance, Computer Science, or a related field. A Master's degree is a plus.
• Minimum of 5 years experience as a Product Manager, in the lending industry, preferably within the fintech sector.
• In-depth knowledge of lending products and services, including consumer and small business lending, credit scoring models, and risk assessment.
• Demonstrated experience in developing and launching successful fintech products.
• Strong analytical and data-driven decision-making skills.
• Familiarity with the Nigerian and African fintech markets and an understanding of local customer preferences and behaviors is a bonus but not essential.
• Excellent leadership and communication skills with the ability to collaborate effectively with cross-functional teams.
• Experience in managing and motivating high-performing product teams.
• Creative problem solver mindset with a data-driven and KPI-oriented approach.
• Entrepreneurial mindset and commitment to getting hands dirty at all times;
• Experience of working on platform products is a plus.

Join Fairmoney today and be a part of our mission to revolutionise financial services in Africa through innovative lending products and outstanding customer experiences. If you are passionate about fintech, possess a strong lending background, and have a track record of driving product success, we would love to hear from you.

Benefits

• Competitive pay
• Paid annual leave
• A network of talented colleagues

Recruitment Process

• Introductory call with members of the hiring team (30mins).
• Interview with the Hiring Manager to assess technical fit (45mins).
• Skills assessment.
• Final interview with the Chief Product Officer to discuss technical expertise and overall experience (45mins).