Product Manager – Lending, FX

1 week ago

Nairobi, Nairobi Area, Kenya Umba Full time
About Umba
Umba is a pan-African digital bank serving customers in Kenya and Nigeria. Our mission is to provide accessible and affordable financial services across Africa, empowering customers to take control of their financial wellbeing.

We are transforming the continent's financial landscape by building intelligent, automated financial products powered by machine learning. Our platform delivers digital banking, lending, and payment services at scale through Android, iOS, and Web applications.

Headquartered in Nairobi, Umba acquired a licensed microfinance bank in 2023—Umba Microfinance Bank—and has since achieved over 6× revenue growth in 2024. This role is based in our Nairobi headquarters.

We are actively seeking outstanding individuals who not only possess exceptional talent but also share our vision, determination, and sense of purpose. Join us in our endeavor to establish the best digital bank in Africa.

Job Summary
Umba is seeking a Product Manager – Lending, FX & Stablecoin Products to drive the evolution of our lending, payments, and digital asset products.

You will define and deliver new features across vehicle financing, SME lending (UmbaPay), and FX and cross-border settlement products, including USDC-powered accounts and payments. This role blends product ownership, execution, and regulatory understanding—working closely with engineering, compliance, and banking operations to launch and scale products that connect fiat and digital rails.

Responsibilities
  • Own the product strategy and roadmap across lending, FX, and stablecoin initiatives in Kenya and Nigeria.
  • Expand and automate Vehicle Finance and SME lending (UmbaPay) offerings.
  • Lead the design and rollout of cross-border USDC accounts and settlements, integrating with established payment partners.
  • Define and prioritize use cases competing with other players—including FX management, virtual USD accounts, and business payments.
  • Work with engineering and design teams to deliver features rapidly while maintaining quality and compliance.
  • Collaborate with compliance and legal teams to ensure regulatory alignment under CBK, SEC Nigeria, and VASP frameworks.
  • Write clear and detailed PRDs, aligning product goals with technical feasibility and regulatory requirements.
  • Establish KPIs across transaction volumes, lending performance, FX spread revenue, and wallet adoption.
  • Conduct competitive analysis to identify gaps in digital banking, stablecoin, and export-payment products.
  • Partner with growth and operations to execute go-to-market strategies and onboard early customers.
Skills and Qualifications
  • Bachelor's degree required (engineering, economics, data science, or a related field preferred).
    
•    3–4 years of Product Management experience in fintech, payments, or lending.
    
•    Proven ability to deliver technically complex financial products end-to-end.
    
•    Strong understanding of digital payments, FX, remittances, or stablecoins.
    
•    Excellent project management skills; bias toward shipping fast.
    
•    Comfort working with APIs, backend systems, and external financial partners.
    
•    Experience coordinating with regulators or operating in licensed financial institutions.Nice to have:
  • Engineering background
  • Experience building or managing digital asset or FX products.
  • SQL, Python or any scripting abilities
  • Startup mentality
  • Experience in financial services
Work Status
  • Valid work authorization for Kenya
Umba is proud to be an Equal Opportunity employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected veteran status, age, or any other characteristic protected by law. We also consider qualified applicants regardless of criminal histories, consistent with legal requirements. If you have a disability or special need that requires accommodation, please let us know.

  • Manager, Product Lending

    2 days ago

    Nairobi, Nairobi Area, Kenya Standard Bank Group Full time

    Company Description Standard Bank Group is a leading Africa-focused financial services group, and an innovative player on the global stage, that offers a variety of career-enhancing opportunities – plus the chance to work alongside some of the sector's most talented, motivated professionals. Our clients range from individuals, to businesses of all sizes,...

  • FX Trader

    4 days ago

    Nairobi, Nairobi Area, Kenya Klasha Full time

    Manage cash flow and liquidity across multiple currencies ensuring funds are available for merchant settlements and optimizing cash utilization through strategic investment.Monitor foreign exchange rates and manage Klasha's exposure to currency fluctuations through hedging strategies.Execute live OTC trades.Ensure that Klasha's treasury operations comply...

  • Capital & Strategic Finance Lead

    2 days ago

    Nairobi, Nairobi Area, Kenya Umba Full time

    Umba is a multi-country digital bank operating in Kenya and Nigeria, offering consumer and SME banking, vehicle finance, payments, and cross-border remittances.Umba acquired Daraja MFB in 2023 to offer full deposit taking banking services in Kenya. We are entering a high-growth phase and are seeking a Capital & Strategic Finance Lead to drive our...

  • Associate, Product

    7 days ago

    Nairobi, Nairobi Area, Kenya Aceli Africa Full time

    Company Description Aceli Africa is a donor-funded, data-driven agribusiness market incentive facility with a mandate to mobilize $1.5 billion in private sector lending for agricultural SMEs in Kenya, Rwanda, Tanzania, Uganda and Zambia by 2029. To achieve this goal, Aceli offers financial incentives to increase the risk appetite of 40+ global and local...

  • Manager, Data and Product Design

    1 week ago

    Nairobi, Nairobi Area, Kenya Aceli Africa Full time

    Company Description Aceli Africa is a market catalyst that aims to mobilise $2 billion in private-sector lending for agricultural SMEs and improve livelihoods for 5 million farmers and workers by 2030. To achieve this goal, Aceli provides financial incentives to increase the risk appetite of 50 financial institutions and to enable them to make loans ranging...

  • Product Manager

    1 week ago

    Nairobi, Nairobi Area, Kenya Umba Full time

    About UmbaUmba is a pan-African digital bank serving customers in both Kenya and Nigeria. Our mission entails providing accessible and cost-effective financial services across Africa, enabling our customers to take charge of their financial well-being. We are committed to seizing a unique opportunity to transform the financial landscape in Africa by...

  • Senior Investment Officer, Lending Operations

    1 week ago

    Nairobi, Nairobi Area, Kenya Trade and Development Bank Group - TDB Group Full time

    BackgroundEstablished in 1985, the Eastern and Southern African Trade and Development Bank Group (TDB Group) is an African regional multilateral development bank, with a mandate to finance and foster trade, regional economic integration, and sustainable development in Africa. TDB Group counts several subsidiaries and strategic business units including Trade...

  • Chief Executive Officer

    1 week ago

    Nairobi, Nairobi Area, Kenya Flexi Personnel Ltd Full time

    POSITION: CHIEF EXECUTIVE OFFICERLOCATION: NAIROBI, KENYAREPORTING TO: BOARD OF DIRECTORSOur client in the microfinance banking sector,Juhudi Kilimo,is seeking a transformational and visionary leader to join their dynamic team asChief Executive Officer (CEO). We are looking for a leader with the courage to challenge convention and the insight to redefine...

  • Partnerships Manager

    1 week ago

    Nairobi, Nairobi Area, Kenya Verto Full time

    About VertoAt Verto, we're on a mission to democratise global finance and empower businesses in Emerging Markets to reach the world. Founded by British-Nigerian entrepreneurs Ola Oyetayo and Anthony Oduu, our roots in Africa provided a firsthand understanding of the significant challenges businesses face with cross-border payments, ranging from illiquid...

  • Credit Manager

    1 week ago

    Nairobi, Nairobi Area, Kenya Globcred Full time

    Company Description is revolutionizing global education financing by offering a simplified application process that connects students with over 60 international lenders. Specializing in non-collateral loans, competitive interest rates, and flexible repayment terms, we make it easier for students to pursue higher education abroad. Our mission is to eliminate...