Opportunity at
RenmoneyHead of Product - B2C
Renmoney Microfinance Bank seeks a Head of Product - B2C to lead its retail product ecosystem. The employer delivers an array of financial solutions across Nigeria,…
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About This Role
Renmoney Microfinance Bank seeks a Head of Product - B2C to lead its retail product ecosystem. The employer delivers an array of financial solutions across Nigeria, spanning loans, savings, insurance, payments, remittances, and lifestyle services designed to foster financial inclusion and economic expansion. In this capacity, the selected individual will direct the overall product roadmap and vision for retail banking operations. Responsibilities include supervising cross-functional departments in design, product management,…
Job Description
Renmoney Microfinance Bank seeks a Head of Product - B2C to lead its retail product ecosystem. The employer delivers an array of financial solutions across Nigeria, spanning loans, savings, insurance, payments, remittances, and lifestyle services designed to foster financial inclusion and economic expansion.
In this capacity, the selected individual will direct the overall product roadmap and vision for retail banking operations. Responsibilities include supervising cross-functional departments in design, product management, technology, and data to deliver scalable offerings. The candidate will collaborate closely with executive leadership to maximize profitability, enhance user adoption, ensure strict regulatory compliance, and navigate the competitive financial sector in Nigeria.
This position demands relocation to the headquarters in Lagos, Nigeria, for on-site operations. It is well-suited for an experienced product executive with a strong background in fintech, microfinance, or financial services who can connect strategic product decisions directly to business outcomes and P&L results.
Responsibilities
- Formulate and execute the ecosystem product strategy while balancing profitability, growth, and risk management
- Translate market demands into scalable product roadmaps covering lending, banking, insurance, remittances, payments, and lifestyle solutions
- Monitor regulatory shifts and competitive pressures within the financial sector in Nigeria
- Oversee the development and release of user-centric products designed for retail segments
- Utilize customer feedback, data analytics, and research to guide product choices
- Implement AI, digital channels, and automation to boost efficiency and user satisfaction
- Formulate solid compliance and product governance procedures
- Establish and oversee strategic alliances with fintech companies, insurance providers, mobile network operators, remittance services, and lifestyle platforms
- Create embedded finance, bundled, and cross-sell offerings to increase customer value
- Manage multidisciplinary departments spanning Product Management, Technology, Design, and Data
- Coordinate with Finance, Risk, and Collections to improve capital allocation, yields, pricing, and impairments
- Monitor and evaluate key performance indicators including revenue contribution, NPS or CSAT, profitability, adoption, and ecosystem growth
Requirements
- Minimum of ten years of experience in product leadership roles such as Head of Product, VP of Product, or Chief Product Officer
- Background working in financial services, fintech, or microfinance
- Demonstrated history of scaling retail product ecosystems beyond lending
- Knowledge of consumer behavior, regulation, banking, and competition in the Nigerian financial market
- Capability to connect product results directly to P&L metrics like LTV, churn, CAC, and NPS
- Familiarity with data-driven product management, automation, and artificial intelligence
- Mandatory relocation to Lagos, Nigeria, for on-site work at company headquarters
Qualifications
- Advanced degree such as an MBA or a related field
Core Skills
Benefits
- Comprehensive assistance with relocation to Lagos, Nigeria
- Competitive financial compensation alongside performance-driven incentives
- Health insurance coverage and wellness provisions
- Pension scheme participation
Frequently Asked Questions
Answers are based only on the employer’s listing; where it doesn’t say, neither do we.
Where is this job located?
The position requires relocation to Lagos, Nigeria, to work on-site at the company headquarters.
What background is required for this role?
Candidates must have at least ten years of product leadership experience, ideally within microfinance, financial services, or fintech, with a proven history of scaling retail ecosystems.
What benefits are provided?
The company offers relocation support to Lagos, competitive salary with performance incentives, health cover, wellness benefits, and a pension scheme.
What is the salary for this position?
The job posting does not specify the salary amount.
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