Product Manager: Stablecoin Issuance & Wallet Infrastructure (BlockTower)

As a Product Manager for Stablecoin Issuance & Wallet Infrastructure at Luno, you'll own the products institutions use to issue, manage and distribute stablecoins on Luno's rails. You join the BlockTower institutional stablecoin business, starting with ZARU, the South African rand stablecoin. Your mission is to turn a working product into a repeatable one, building the foundation on which future local-currency stablecoins launch in new markets. You report to the Group Product Manager and work in the BlockTower pod with dedicated engineering and UX partners.

What you'll do

• Own the issuance platform: the portal, mint and redeem flows, yield distribution, user and access management, approval workflows, statements and reporting
• Own Wallet as a Service: how institutions embed wallets into their own platforms
• Define the boundary between what the BlockTower platform needs from underlying Luno infrastructure and what BlockTower owns itself
• Build repeatability so the next currency, chain, market or wallet use case becomes a configuration exercise, not a new build
• Convert manual steps in the customer journey into self-service product capabilities and take institutional customers live
• Spend real time with your customers: treasury teams, payment providers, market makers and financial institutions, letting their operating reality shape the roadmap
• Build the controls institutions require to trust an issuer: auditability, segregation of duties, and reporting that their own compliance teams will accept

What you bring

• 3+ years of experience as a Product Manager, including taking a new product from zero to its first paying customers and through the stage of making it repeatable
• A track record building for institutional users in treasury, payments, capital markets or banking
• A deep understanding of stablecoins and the economics of issuance: reserves, yield, minting and redemption, and the ability to reason about how product decisions move each of them
• Knowledge of on-chain settlement: chains, custody, what moves on-chain versus off, well enough to make clear product trade-offs rather than defer them to engineering
• Comfort operating a young business inside a larger group: small team, broad remit, decisions made with limited information, and dependence on a parent company's infrastructure
• Confidence working in a regulated environment and collaborating with legal and compliance on the controls a licensed issuer must carry
• Credibility with institutional customers: you've been the named person in treasury team, PSP, market maker or bank calls, and you've turned those relationships into a roadmap
• Use of AI as part of how you work in discovery, analysis, writing and prototyping, and concrete examples of where it's changed your output, not just your tooling

What we offer

• Remote but reachable work policy: choose between working from home or the office
• Option to buy and sell up to 5 days leave
• Excellent private medical insurance
• Access to Learnably and additional learning platforms for personal and professional development
• 6 months primary caregiver leave
• Paw-ternity leave for your furry friend
• Annual Inspiration Day in addition to annual leave, which increases based on your length of service
• A collaborative, friendly work community with regular social events and virtual classes hosted by our team
• Free lunch and snacks
• 0 fees up to a certain amount with Luno from the day you start (Luno Instant Buy only, not Luno Exchange)

About Luno

Luno has spent over a decade making digital assets safe to own, helping millions of people across more than 40 countries buy, store and invest in crypto. The company works with regulators in every market and holds all customer crypto 1:1, building the licences, banking relationships, custody and compliance machinery that the next era of the market will run on. You'll join the Product Management team building Luno's institutional business: the activation, infrastructure and issuance products that let businesses, institutions and partners operate on Luno's rails.