Renmoney

Analyst

• Analysis and monitoring of key portfolio metrics: FPD, PD, LGD, NPL, Surplus;
• LTV assessment and active participation in product pricing;
• Development of customer segmentation strategies (e.g., by risk levels, products, acquisition channels);
• Assessment of the impact of internal initiatives on financial results;
• Optimization of the portfolio structure (balancing high-yield and low-risk loans).
• Monitoring of risk concentration (e.g., by regions, products, borrower segments);
• Adjustment of credit policy based on default and early repayment data;
• Development and improvement of processes related to loan origination.
• Formulation of requirements for scoring models (e.g., calibration of PD models);
• Analysis of scoring card performance and proposals for their improvement;
• Work with cash flow forecasting models.

Portfolio Analyst

Manager

• Own multi-channel lifecycle programs across email, push, SMS, WhatsApp, and in-app - from onboarding through win-back.
• Develop segmentation frameworks (persona, behavioral, lifecycle stage) and trigger-based journeys that personalize at scale.
• Build and operate in Customer.io (or similar): journeys, data requirements, QA, frequency caps, and governance.
• Run an experimentation program (A/B, multivariate, holdouts) to improve conversion, retention, LTV, and campaign ROI.
• Measure and report performance: cohort retention, funnel conversion, attribution; maintain clear dashboards and insights.
• Collaborate with Product, Data, Growth to align messaging, data quality, and regulatory needs.
• Write and edit channel-ready copy and provide clear briefs to content/design; maintain tone of voice and brand standards.
• Maintain operational excellence: naming conventions, event/attribute hygiene, deliverability, and preference management.

Lifecycle Manager

Product Manager

• Product Strategy & Ownership
• - Own the end-to-end strategy for Renmoney’s savings products, including:
• - Everyday savings accounts
• - Fixed or term deposits
• - Structured and goal-based savings products
• - Future diaspora savings offerings
• - Translate Renmoney’s 2025–2027 long-term business strategy into a clear product roadmap for savings.
• - Ensure savings products support:
• - Deposit growth
• - Lower funding costs
• - Healthy balance between short-term and long-term funds
• - Define product value propositions for different customer groups such as individual retail customers, small and medium-sized businesses, and Nigerians in the diaspora.
• **Balance Sheet & Commercial Performance**
• - Work closely with the Finance and Treasury teams to:
• - Improve the mix between on-demand savings (money customers can withdraw anytime) and fixed deposits (money locked for a specific period)
• - Reduce the Cost of Funds (COF), which means how much the bank pays customers for deposits
• - Model how pricing, interest rates, and savings tenors affect profitability and liquidity
• - Own key savings performance metrics, including:
• - Total deposits and monthly net inflows
• - Average balance per customer
• - Cost of Funds (interest paid on deposits)
• - Customer retention and churn (how many customers stay or leave)
• **Execution & Delivery**
• - Lead cross-functional execution with:
• - Engineering (software development)
• - Design (user experience and interface)
• - Risk Management
• - Compliance (regulatory adherence)
• - Operations and Customer Support
• - Marketing and Growth teams
• - Write Product Requirement Documents (PRDs) that clearly describe what is being built and why.
• - Prioritize features and initiatives based on customer value, risk, effort, and business impact.
• - Ensure savings features are reliable, scalable, compliant with regulations, and easy for customers to use.
• **Governance, Risk & Compliance**
• - Represent savings products in the Product Governance Council (PGC), which is the internal committee that reviews, approves, and governs all product changes.
• - Participate in Asset and Liability Committee (ALCO) sessions, where senior leaders manage:
• - Liquidity (availability of cash)
• - Interest rate risk
• - Funding strategy
• - Ensure savings products comply with:
• - Central Bank of Nigeria (CBN) regulations
• - Nigeria Data Protection Regulation (NDPR), which governs customer data privacy
• - Internal audit, risk, and control frameworks
• - Proactively identify risks, trade-offs, and dependencies before they become issues.
• **Customer Experience & Growth**
• - Improve savings adoption through:
• - Simple and clear onboarding
• - Smooth funding and withdrawal experiences
• - Transparent communication of interest, penalties, and terms
• - Use savings as a foundation to cross-sell other products such as loans and payments.
• - Work with the Analytics team to understand customer behavior and lifetime value.

Senior Product Manager – Savings Products

• Own the **end-to-end product strategy** for all bill payment and transfer products, including:
• Airtime and mobile data purchases
• Utility bill payments (electricity, cable television, internet, etc.)
• Bank-to-bank transfers
• Translate Renmoney’s **long-term digital banking strategy** into a clear roadmap for payments.
• Define how payments support:
• Daily customer engagement
• Deposit inflows and account usage
• Cross-sell into savings and lending products
• Define value propositions for different customer segments, including retail customers and small business users.
• Own key performance indicators for payments, including:
• Transaction volumes and values
• Success and failure rates
• Revenue from fees or commissions
• Cost per transaction
• Work closely with Finance to:
• Optimize transaction pricing and incentives
• Manage partner costs and margins
• Track the impact of payments on deposit balances
• Identify opportunities to improve unit economics without degrading customer experience.
• Lead cross-functional delivery with:
• Engineering teams building mobile, web, and backend systems
• Design teams responsible for user experience
• Operations and Customer Support teams handling exceptions and disputes
• Write clear **Product Requirement Documents**, which describe what is being built, why it matters, and how success will be measured.
• Prioritize initiatives based on customer impact, reliability, compliance, effort, and business value.
• Ensure payment and transfer flows are fast, intuitive, and resilient, even during peak usage periods.
• Ensure payments products meet regulatory and operational requirements, including:
• Rules set by the **Central Bank of Nigeria**, which regulates banking and payment services
• Requirements from the **Nigeria Inter-Bank Settlement System**, which operates national payment infrastructure
• Data privacy rules under the **Nigeria Data Protection Regulation**
• Partner with Risk and Compliance teams to manage:
• Fraud risks
• Transaction disputes and reversals
• Customer protection and error handling
• Represent payments initiatives in the **Product Governance Council**, which approves and oversees all product changes.
• Own product relationships with external partners such as:
• Payment processors
• Utility service providers
• Telecommunications companies
• Define service-level expectations, which set standards for uptime, response times, and issue resolution.
• Work with Legal, Procurement, and Operations to ensure partner integrations are scalable and compliant.
• Improve adoption and repeat usage of bill payments and transfers through:
• Simple onboarding and clear user flows
• Transparent pricing and confirmations
• Fast issue resolution when transactions fail
• Use payments as a driver of daily engagement that increases:
• Account funding
• Customer lifetime value
• Work with Analytics teams to understand usage patterns and identify growth opportunities.

Product Manager – Bills Payment

QA Engineer

• Design, develop, and maintain automated test suites for backend microservices (API/integration tests)
• Create and execute API test automation using tools, e.g. Postman
• Implement database validation tests (PostgreSQL/MySQL)
• Develop end-to-end tests for critical business flows (card issuance, transactions, fee charging)
• Collaborate with developers to ensure testability and quality gates
• Support testing of event-driven flows (Kafka/message queues)
• This role combines backend API automation as the core focus with mobile manual testing responsibilities, and values candidates who can also bring automation skills to the Flutter mobile app.

QA Automation Engineer

Attorney

• Assist in contract preparation, review, and record management;
• Support the team in handling customer complaints, and expatriate quota managements
• Support the team in handling intellectual property (IP) documentation and research;
• Conduct legal and regulatory research on emerging laws, CBN circulars, and NDPC/FCCPC directives; Review court judgments, orders and processes.
• Provide support on Anti-Money Laundering/Combating the Financing of Terrorism (AML/CFT) monitoring activities and compliance reporting;
• Assist in Know Your Customer (KYC) and customer due diligence documentation reviews; and
• Support general regulatory compliance and internal policy implementation activities.

Legal Intern

Software Engineer

• Build and maintain features for a mobile banking application serving customers with lending, savings, payment and other services. You will work within an established codebase following Clean Architecture patterns, implementing end-to-end features across data, domain, and presentation layers.

Middle Flutter Developer

• Lead technical initiatives on a production mobile banking application with 150+ screens, complex third-party integrations, and high reliability requirements. You will make architectural decisions, improve code quality and testing practices, mentor other developers, and own the technical delivery of major features.