Opportunity at
FairMoneySenior Product Manager - Banking
FairMoney is a mobile banking institution founded in 2017 that operates primarily in Nigeria. Backed by global investors such as Tiger Global, DST, and Flourish Ventures,…
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About This Role
FairMoney is a mobile banking institution founded in 2017 that operates primarily in Nigeria. Backed by global investors such as Tiger Global, DST, and Flourish Ventures, the company has grown from a digital microcredit app into a comprehensive provider of financial products, including current accounts, savings, debit cards, transfers, bill payments, and point-of-sale solutions for agents and merchants. Its diverse team spans over 27 nationalities and focuses on reshaping financial…
Job Description
FairMoney is a mobile banking institution founded in 2017 that operates primarily in Nigeria. Backed by global investors such as Tiger Global, DST, and Flourish Ventures, the company has grown from a digital microcredit app into a comprehensive provider of financial products, including current accounts, savings, debit cards, transfers, bill payments, and point-of-sale solutions for agents and merchants. Its diverse team spans over 27 nationalities and focuses on reshaping financial services for underserved communities.
As a Senior Product Manager within the Banking division, the selected candidate will lead the strategy and roadmap for core banking products that manage money movement for millions of users. This position involves acting as the primary advocate for the local customer base, translating an intimate knowledge of Nigerian financial habits into dependable and intuitive financial offerings. The role requires close collaboration with engineering teams to ensure platform reliability and scalability while addressing market dynamics, security, pricing, and network realities.
The candidate will manage the entire product lifecycle from ideation through launch, coordinating with multiple departments including growth, design, data science, risk, compliance, and operations. This opportunity suits an experienced product professional with a practical mindset, strong data analysis abilities, and a thorough familiarity with the local financial landscape.
Responsibilities
- Develop and execute a strategic roadmap for banking products that aligns with company objectives and market opportunities in Nigeria
- Collaborate with engineering to ensure platform scalability and reliability
- Integrate local market insights regarding trust, fraud concerns, pricing, and network realities into design and roadmap decisions
- Work alongside Engineering, Growth, Design, Data Science, Risk, Compliance, and Operations teams to refine and prioritize the product roadmap
- Utilize market research and data analysis to inform product decisions and enhance customer satisfaction
- Oversee the complete product lifecycle from concept to launch while meeting quality, budget, and regulatory compliance standards
Requirements
- Minimum of 5 years of experience working as a Product Manager
- Hands-on background building banking or payments products such as transfers, cards, bill payments, wallets, or accounts, preferably within fintech
- Deep first-hand knowledge of the local financial ecosystem, including user payment habits, transfer methods, pricing, fraud, trust, and reliability factors
- Demonstrated history of successfully developing and scaling fintech products
- Strong analytical and data-driven decision-making capabilities
- Effective leadership and communication skills to drive cross-functional collaboration
- Entrepreneurial, practical mindset centered around key performance indicators
Qualifications
- Bachelor's degree in Business, Finance, Computer Science, or a related field
- Master's degree in a relevant field
- Prior work experience at a prominent Nigerian fintech or traditional bank
- Background working with platform products
Core Skills
Benefits
- Competitive pay
- Paid annual leave
- Opportunity to work alongside a diverse network of colleagues
Frequently Asked Questions
Answers are based only on the employer’s listing; where it doesn’t say, neither do we.
What is the location or remote work policy for this role?
The posting does not specify the location or remote work policy for this position.
What are the core experience requirements for applicants?
Applicants must have a minimum of 5 years as a Product Manager with hands-on experience building banking or payments products like transfers, cards, wallets, or accounts, alongside a deep understanding of the local financial ecosystem.
What is the recruitment process for this position?
The hiring process includes a 30-minute HR screening, a 60-minute technical interview with the product team, a takeaway assignment, a 60-minute assignment review session with the Chief Product Officer, and a final interview with the Chief Technology Officer.
Is salary information provided in the job posting?
The posting states that the pay is competitive, but exact salary figures are not specified.
Sample Interview Questions
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