Product Manager: Stablecoin Issuance & Wallet Infrastructure (BlockTower)

You'll join the Product Management team at Luno building institutional products for BlockTower, the group's stablecoin issuance business. BlockTower is launching ZARU, the South African rand stablecoin, and you'll own the products institutions use: a self-service issuance platform where treasury teams mint, redeem, distribute yield and report, and Wallet as a Service, which lets institutions embed wallets into their own products. Your job is to turn a working product into a repeatable one and build the foundation for future local-currency stablecoin launches in new markets. You'll 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
• Develop Wallet as a Service so institutions can embed wallets into their own platforms
• Define the boundary between what the platform needs from Luno's underlying infrastructure and what BlockTower owns itself
• Design for repeatability: ensure the next currency, chain, market or wallet use case is a configuration exercise, not a new build
• Convert every manual step in the customer journey into a self-service product, taking institutional customers live
• Spend real time with customers (treasury teams, payment providers, market makers, financial institutions) and let their operating reality shape the roadmap
• Build the controls institutions require to trust an issuer: auditability, segregation of duties, and reporting that 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 making it repeatable
• A track record building for institutional users in treasury, payments, capital markets or banking
• Deep understanding of stablecoins and the economics of issuance: reserves, yield, minting and redemption, and how a product decision moves each
• Knowledge of on-chain settlement, chains and custody, and enough understanding of what moves on-chain versus off to make clear product trade-offs
• 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 in the room with institutional customers: you've been the named person in treasury team, payment service provider, market maker or bank calls, and you've turned those relationships into a roadmap
• Experience using AI as part of how you work in discovery, analysis, writing and prototyping, with concrete examples of how it has changed your output

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 of leave
• Excellent private medical insurance
• Access to Learnably and additional learning platforms for personal and professional development
• 6 months primary caregiver leave
• Parental leave for pets
• Annual Inspiration Day in addition to annual leave, which increases with length of service
• Collaborative work community with regular social events and virtual classes (cooking, dancing, drawing, house planting)
• Free lunch and snacks
• Zero fees on Luno Instant Buy (up to a certain amount) from day one

About Luno

Luno has spent over a decade making digital assets safe to own. Since 2013, it has helped millions across more than 40 countries buy, store and invest in crypto, working with regulators in every market and holding all customer crypto 1:1. The company now builds institutional products including Luno Institutional and BlockTower, its stablecoin issuance business focused on launching local-currency stablecoins in emerging markets.