FairMoney is a pioneering mobile banking institution specializing in extending credit to emerging markets. Established in 2017, the company currently operates primarily within Nigeria, and it has secured nearly €50 million in funding from renowned global investors, including Tiger Global, DST, and Flourish Ventures. FairMoney maintains a strong international presence, with offices in several countries, including France, Nigeria, Germany, Latvia, the UK, Türkiye, and India.
In alignment with its vision, FairMoney is actively constructing the foremost mobile banking platform and point-of-sale (POS) solution tailored for emerging markets. The journey began with the introduction of a digital microcredit application exclusively available on Android and iOS devices. Today, FairMoney has significantly expanded its range of services, encompassing a comprehensive suite of financial products, such as current accounts, savings accounts, debit cards, and state-of-the-art POS solutions designed to meet the needs of both merchants and agents.
To gain deeper insights into FairMoney's pivotal role in reshaping Africa's financial landscape, we invite you to watch informative video.
Role Overview:
The Technical Product Manager will oversee the strategic development and enhancement of our payment systems, including payment switches and backend infrastructure. This role requires a strong technical background in payment systems architecture and a deep understanding of the technical challenges associated with high-volume financial transactions.
1. Technical Strategy and System Architecture:
- Develop and refine the technical strategy for payment processing, focusing on scalability, security, and compliance.
- Design and oversee the implementation of system architectures that support complex payment transactions.
2. Product Development:
- Lead the technical development of payment solutions, from conceptualization to deployment, ensuring they meet business needs and performance standards.
- Collaborate with engineering teams to ensure technical feasibility and timely execution of product initiatives.
3. Market and Technology Analysis:
- Conduct ongoing analysis of the latest payment technologies and industry trends.
- Evaluate competitive payment solutions and technologies to ensure Fairmoney remains at the cutting edge.
4. Risk Management and Compliance:
- Work closely with the compliance and risk management teams to ensure all payment solutions adhere to national and international financial regulations.
- Implement strategies to mitigate technical risks associated with payment processing.
5. Performance Optimization:
- Monitor and optimize the performance of payment systems to handle increased transaction volumes without compromising on speed or accuracy.
- Utilize data analytics to improve system efficiencies and user satisfaction.
6. Stakeholder Collaboration:
- Collaborate with internal and external stakeholders to define product requirements and roadmaps.
- Ensure alignment between technical teams and business objectives, facilitating effective communication and project management.
- Bachelorʼs or Masterʼs degree in Computer Science, Engineering, or a related field.
- Proven experience as a Product Manager in a technical role, specifically within the payments industry.
- Strong background in developing payment switches and understanding of backend infrastructure essential for high-volume financial operations.
- Proficiency in technical aspects of payment systems, including APIs, payment gateways, and transaction lifecycle management.
- Demonstrated ability to lead technical teams and manage complex product developments.
- Excellent problem-solving skills and ability to think strategically and analytically.
- Familiarity with the Nigerian payment ecosystem and regulatory environment is highly beneficial.
Join Fairmoney Nigeria and contribute to transforming the financial landscape through innovative payment solutions. If you have a robust technical background in payments and a passion for product management, we look forward to hearing from you.
- Private Health Insurance
- Paid Time Off
- Pension Plan
- Work From Home
- Training & Development
Recruitment Process
- HR Screening 30 minutes.
- Technical interview with members of the product team for 45-60 minutes.
- Assignment (takeaway).
- Interview with key stakeholders for 45-60 minutes.
What We Do
FairMoney is building the leading mobile bank for emerging markets. Our goal is to rebuild Africa's money story by offering Tier 1 digital financial services to merchants and consumers alike.
In our key market; Nigeria, FairMoney is currently the Most downloaded fintech app in Nigeria with over 10 million downloads and the #1 digital bank in Nigeria.
FairMoney offers a range of digital financial products including, near-instant digital loans 24/7, investment products, savings, payments, and cards directly via its mobile app.
We give 10,000 loans daily (one every 8 seconds!) in Nigeria and India, and have banking operations in Nigeria, with over 6 million users.
We're backed by international investors and have raised a total of $89.9M in funding, to support our development.
FairMoney is unique thanks to its international exposure (with offices on 3 continents) and its impact-driven mission: we bring financial inclusion to underbanked people in emerging markets!
We are a team of close to 600 people, and for most of the positions, it's possible to join FairMoney remotely or in one of our offices: in Paris, Bangalore, Lagos, and Riga.
We value candidates who embrace our company values:
• Growth Mindset – We believe in the power of a Growth Mindset, not fixed or static.
• Big Plans, Bigger Ambitions - We make big plans, and have even Bigger Ambitions. We are here to build massive scale and drive the fintech revolution across Africa.
• Talent has no passport - We believe that Talent Has No Passport. While opportunity may not be evenly distributed across the world, talent is.
• Start with the Client – We Empathize with our users to optimize our impact. Many of us don’t live where our customers do - we must go in-depth to understand their pain points.
Discover our other values during your discussions with the team.
https://apply.workable.com/fairmoney/?lng=en
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