Product Manager: Stablecoin Issuance & Wallet Infrastructure (BlockTower)

As a Product Manager for BlockTower at Luno, you own the products institutions touch to issue and manage stablecoins. BlockTower is Luno's institutional stablecoin issuance business, starting with ZARU, the South African rand stablecoin. You'll shape the self-service issuance platform where treasury teams mint, redeem, distribute yield and report, and Wallet as a Service, which lets institutions embed stablecoins into their own products. 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, including the portal, mint and redeem flows, yield distribution, user and access management, approval workflows, statements and reporting
• Define how institutions embed wallets into their own platforms through Wallet as a Service
• Establish boundaries between what the platform needs from underlying Luno infrastructure and what BlockTower owns itself
• Build repeatability into the product so the next currency, chain, market or wallet use case becomes a configuration exercise rather than a new build
• Convert every manual step in your institutional customers' journey into self-service product functionality
• 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 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 scaling it to repeatability
• 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 how product decisions move each of them
• Working knowledge of on-chain settlement, chains and custody, enough to make clear product trade-offs rather than defer them to engineering
• Comfort operating a young business inside a larger group with a small team, broad remit and limited information
• Confidence working in a regulated environment and collaborating with legal and compliance on the controls a licensed issuer must carry
• Credibility with institutional customers, with direct experience in treasury team, payment service provider, market maker or bank conversations, and the ability to turn those relationships into a roadmap
• Hands-on use of AI as part of how you work in discovery, analysis, writing and prototyping, with a track record of using it to change your output

What we offer

• Remote but reachable work policy, giving you the freedom to work 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
• Paternity leave for parents of new children
• Annual Inspiration Day in addition to annual leave, which increases based on your length of service
• A collaborative work community with regular social events and virtual classes
• Free lunch and snacks
• Zero fees up to a certain amount with Luno from day one (Luno Instant Buy only)

About Luno

Since 2013, Luno has helped millions 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 infrastructure that the institutional era of crypto will run on. BlockTower is Luno's institutional stablecoin issuance business, positioned to capture the gap between dollar-pegged supply and global payment flows outside the US dollar.