Senior Product Manager - Savings Products
Role based in Nigeria
- Location
- Lagos, Nigeria
- Posted
- 26 Jan 2026
Listed on Renmoney careers (Workable board) · checked 20 Oct 2026 · report a problem
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The source still carries this posting, but its posting date is more than 6 months old. Remaining listed is not evidence that the role is still open — confirm on the original posting before applying.
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- apply.workable.com is an applicant tracking system the employer controls.
- Countries the source names
- Nigeria
- Eligibility wording from the source
- Lagos, Lagos, Nigeria
- Eligibility last checked
- 20 Oct 2026
- Published by the source
- 26 Jan 2026
- Age of the source posting
- 267 days
- Last source check
- 20 Oct 2026
Application readiness
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- Confirm eligibility for your countryLagos, Lagos, Nigeria Check that your country of residence is included and review any exclusions or work-authorization requirements.Check source
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- Posted over 6 months agoThe source still carries this posting, but its posting date is more than 6 months old. Remaining listed is not evidence that the role is still open — confirm on the original posting before applying.Check source
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- Compensation is not disclosed
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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.