Senior Product Manager – Lending at FairMoney March, 2024

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:

1. 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.
2. Identify and prioritise market opportunities, ensuring that our lending products remain competitive and relevant in the rapidly evolving fintech landscape.
3. 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:

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

Customer Insights and Analysis:

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

Product Development and Launch:

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

Requirements

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