Product Consultant- Islamic Lending
Role Overview
We are looking for an experienced Product Consultant -Islamic Lending expert to
drive the Shariah-compliant lending solutions across Loan Origination and Loan
Management platforms. The ideal candidate will have strong expertise in Islamic
finance principles, digital lending products, and end-to-end lending lifecycle
management.
Key Responsibilities
Loan Origination System (LOS)
- Design and deliver DIY
(Do-It-Yourself) digital customer journeys enabling customers to
independently complete the entire financing application process through
web and mobile channels.
- Define Straight Through
Processing (STP) journeys to maximize automation, minimize manual
intervention, and improve approval turnaround times.
- Design configurable
eligibility, verification, underwriting, and approval workflows to achieve
high STP rates while maintaining Shariah and regulatory compliance.
- Define digital
onboarding capabilities, including eKYC, OCR, document verification,
biometric authentication, digital signatures, and consent management.
- Design omnichannel
customer journeys across branch, relationship manager, web, mobile, and
partner ecosystems.
Product Strategy & Execution
- Define an API-first
product strategy to enable seamless integration with banks, fintechs,
marketplaces, payment platforms, credit bureaus, digital identity
providers, and other ecosystem partners.
- Drive the adoption of
configurable product capabilities using business rules, workflow engines,
decision engines, and low-code/no-code configuration wherever applicable.
- Design reusable product
capabilities supporting cloud-native, microservices-based, and
event-driven architectures.
- Define product
capabilities for embedded finance and ecosystem-led lending.
Stakeholder Management
- Collaborate with
enterprise architecture, integration, and technology teams to define API
standards, integration patterns, security, and interoperability across the
lending ecosystem.
Additional Required Skills & Experience
- Strong understanding of
DIY (Do-It-Yourself) digital lending journeys and customer self-service
experiences.
- Hands-on experience
designing Straight Through Processing (STP) lending journeys with high
automation.
- Experience defining
configurable business rules, workflow engines, decision engines, and
process orchestration.
- Strong understanding of
API-first architecture, REST APIs, Open APIs, and API lifecycle
management.
- Experience working with
API gateways, integration platforms, microservices, and event-driven
architectures.
- Knowledge of digital
onboarding technologies including eKYC, OCR, digital signatures, biometric
verification, consent management, and fraud controls.
- Experience designing
omnichannel customer experiences across web, mobile, branch, and partner
channels.
- Understanding of
embedded finance, Banking-as-a-Service (BaaS), and fintech ecosystem
integrations.
- Experience working with
configurable product platforms supporting low-code/no-code
implementations.
Additional Key Competencies
- DIY Digital Customer
Journeys
- Straight Through
Processing (STP) Design
- API-First Product
Management
- Embedded Finance &
Ecosystem Integration
- Business Rules &
Workflow Design
- Digital Onboarding &
eKYC
- Product Configuration
& Process Automation
- Omnichannel Lending
Experience Design
- Microservices &
Integration Architecture
Requirements
Good command over written and verbal communication in English.
Should demonstrate Out of the Box thinking and willing to work on tight schedules
- Knowledge of Lending life cycle
Good understanding of end-to-end Loan Management Life Cycle
Good at interpersonal skills
Should have good stakeholder management skills
Detailed knowledge of Islamic Lending.
Good interpersonal skills