Product Manager – Lending, FX

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.

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