Product Manager, Credit

A million African businesses earning more than $1 million in revenue a year. That is the mission.

Africa has 54 countries and almost no bank that works across them. A trader in Lagos who buys in Guangzhou and sells in Kinshasa deals with three currencies, four banks and no credit. The banks that exist were built for governments and the largest corporates. The wallet apps were built for consumers. The businesses in the middle, the ones that employ people, move stock and feed cities, have never had a bank built for them. We are building that bank.

Nomba started in 2016 as Kudi, a chatbot for sending money, and went through Y Combinator. Ten years on, more than 600,000 businesses use our products and more than $70 billion a year moves through them. We run business accounts, overdrafts that repay themselves from the customer’s own sales, cross-border payments across thirty countries, dollar accounts, treasury management. We are licensed in Nigeria, DR Congo, the United States and Canada. We are profitable, and we grow more than 137% a year in revenues.

The next decade is bigger. A full banking license in Nigeria. A dollar bank in Congo. Expansions into Ghana, Cameroon, Zambia, Tanzania and Angola, so that a business can collect, hold, exchange, borrow and pay in any of them from one account. A balance sheet of a $2B dollars built from businesses that leave their money where they work. Africa’s first global business bank, built from Lagos.

This is a place for people who want to build something that did not exist before, in markets most of the world has written off, with customers who will tell you to your face when it does not work. The problems are hard, the pace is fast and the scoreboard is public. If you have ever wanted your work to change what a continent can do, this is where you do it.

About the Role

The Product team shapes the experiences that power Nomba. We turn complex problems into simple, scalable solutions, working with Design, Engineering and Data to build features our customers love. Credit helps these businesses go after bigger goals: more stock, bigger orders, new outlets, and steady cash through slower months. We are looking for a Product Manager who can take responsibility for the credit roadmap, which Nomba offers through our lending partner, including day-to-day operations, delivery and managing risk. From idea to launch and beyond, you will work across teams, keep senior leadership informed, and be the go-to person for credit at Nomba.

What you will do

• Own the strategy and roadmap for overdrafts, loans and working-capital credit.
• Work with Risk, Finance and our lending partner on eligibility, credit limits, pricing and risk appetite.
• Build and improve application, approval, repayment and collections flows.
• Own origination volume, default and loss rates, and net credit revenue after losses.
• Write clear specs and ship with engineering, design and QA in regular sprints.
• Talk to customers often, and use data to decide what to build next.

What you need

• 2 to 6 years of product management experience, including lending, credit or a closely related financial product.
• Working knowledge of underwriting, repayments, collections and loss rates.
• Experience shipping regulated products with Risk, Compliance and Finance teams.
• Comfort with data and SQL.
• Clear writing and strong working relationships across teams.

Nice to have

• Experience lending to small businesses in Nigeria or other African markets.
• Experience with collateralized lending or stablecoin products.