JOB DESCRIPTION / ROLE
Who we are
Join the fintech revolution with Mambu, the leading SaaS cloud banking platform. We're on a mission to make banking better for a billion people. Explore exciting career opportunities and help shape the future of financial services.
About the role
We are looking for a passionate, skilled, and enthusiastic Product Manager - Islamic Banking to join our team. As a Product Manager for the Islamic Banking area, you will work with product engineering teams to build the right products by creating and maintaining the strategic roadmap of your product line — balancing the company's business needs with solving actual customer problems.
What you'll do
- Define and own the business outcomes-driven strategy for Mambu's Islamic banking product suite, acting as the product evangelist to build awareness within the organization.
- Develop and relentlessly communicate a compelling product vision and strategic roadmap, ensuring alignment across all internal and external stakeholders.
- Assess the markets, define a go-to-market strategy for the product line, and assure its execution and alignment with stakeholders.
- Assess the competitive landscape across key Islamic finance hubs (e.g., GCC, Southeast Asia, UK), prioritizing solutions that drive Net Profit Margin (NPM) growth for our partner banks.
- Ensure products are compliant with AAOIFI, IFSB, or local central bank standards (e.g., BNM, SAMA) and proactively manage product sign-off by a designated Shari'ah Supervisory Board (SSB).
- Act as the subject matter expert (SME) for engineering teams, translating complex contracts (e.g., diminishing Musharakah) into API models, general ledger (G/L) logic, and event-based accounting rules.
- Work closely with customers, prospects, and partners to refine market knowledge and product market fit.
- Create and maintain sales and marketing enablement material related to your product line.
- Create sufficiently detailed product requirements to be used in written specifications, business rules, flows, and use cases as well as supporting calculations and examples. Requirements must cover compliance tracking for asset ownership, non-netting exposure, profit accrual methodologies, and audit logging.
What you'll bring
- 5+ years experience in Product Management, Business Analysis, or Technical Consulting within banking, with at least 3 years directly focused on Islamic Finance products.
- Deep, functional expertise in the mechanics, accounting, and compliance requirements (e.g., deferred profit recognition, risk transfer) of Murabahah, Ijarah, Mudarabah, Musharaka, and other contract types.
- Demonstrated ability to define ledger states, event-driven architecture, and accounting flows (Debit/Credit logic) in a core banking environment.
- Excellent written and verbal communication in English.
- A strong analytical and data-driven mindset.
- Proven ability to manage complex relationships, including Shari'ah scholars, regulatory teams, and technical engineers.
- A consultative mindset of listening and learning, understanding and predicting customer and partner needs to find simple solutions out of complex use cases.
What you'll get
Join us to shape the future of banking, where your professional growth is equally as valued as your personal well-being.
- Competitive base salary
- Company equity for all
- Learning and development opportunities
- Hybrid/remote working (location dependent)
- 30 day working abroad
- 4 week paid sabbatical after 5 years service
- Additional benefits based on location
Additional information
As part of the recruitment or HR onboarding process, you will be required to obtain authorized criminal background and credit screening results, as well as be queried against sanctions, anti-money laundering, counter terrorism financing, and politically exposed persons screening services. Your employment is conditional upon approval of these results.
We encourage all interested candidates to apply, even if they don't meet every listed qualification, as we value diversity and recognize that experience doesn't always perfectly align with job descriptions. We are committed to providing equal opportunities for applicants with disabilities and will provide assistance during the application process upon request.
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