Product Manager: Stablecoin Issuance & Wallet Infrastructure (BlockTower)

You will join Luno's Product Management team building institutional stablecoin issuance and wallet infrastructure. BlockTower is Luno's institutional stablecoin issuance business, starting with ZARU, the South African rand stablecoin. You own the products institutions touch: the self-service issuance platform where treasury teams mint, redeem, distribute yield and report, and Wallet as a Service, which lets those institutions use and offer stablecoins inside their own products and flows. Your job is to turn a working product into a repeatable one, and to build the foundation on which future local-currency stablecoins launch in new markets.

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 platform needs from the underlying Luno infrastructure and what BlockTower owns itself
• Drive repeatability: ensure the next currency, chain, market or wallet use case becomes a configuration exercise, not a new build
• Shape the commercial roadmap by taking institutional customers live and converting every manual step in their journey into a self-service product
• Spend real time with customers themselves: treasury teams, payment providers, market makers and financial institutions, and let their operating reality shape the product 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 then through the stage of making it repeatable
• Experience 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 a product decision moves each of them
• Working knowledge of on-chain settlement, chains, custody, and what moves on-chain versus off, so you can 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 a parent company whose infrastructure you depend on
• Confidence working in a regulated environment and collaborating with legal and compliance on the controls a licensed issuer must carry
• Credibility in the room with institutional customers, with a track record as the named person in treasury team, PSP, market maker or bank calls, and the ability to turn what those relationships taught you into a roadmap
• Use of AI as part of how you work in discovery, analysis, writing and prototyping, with concrete examples of where it has changed your output, not just your tooling

What we offer

• Remote but reachable work policy gives you the freedom to choose between working from home or the office
• Option to buy and sell up to 5 days of leave
• Excellent private medical insurance
• Access to Learnably and additional learning platforms for your personal and professional development
• 6 months primary caregiver leave
• Paterninity 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 cooking, dancing, drawing and house planting classes
• Free lunch and snacks
• Zero fees up to a certain amount with Luno from the day you start (Luno Instant Buy only)

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 holds all customer crypto 1:1 and works with regulators in every market, building the licences, banking relationships, custody and compliance machinery that institutional crypto markets run on.