Product Lead

The role

We are hiring a Product Lead to own our Express / Mid-prime personal loan product, one of our highest-priority growth areas. This is unsecured personal lending in the higher-APR mid-prime space (30% to 50% APR), with loans typically from £2,000 to £10,000, and customers acquired primarily through price-comparison and aggregator marketplaces. Our ambition is to grow this product many times over while improving its economics, and this role owns the product that makes that happen.

What you need

Who you are

A product person at heart: you care about the customer, the journey and the commercial outcome, and you want to own something end to end.
Quantitative and hands-on. You are comfortable in SQL and Python (or similar), you can interrogate a dataset yourself, and you can hold your own in a conversation with data scientists about model performance and calibration.
Credit-literate. You understand how eligibility, pricing and underwriting decisions shape the book you end up with, and you have a working understanding of adverse selection and why it matters in marketplace lending.
Commercially sharp, with a solid grasp of unit economics and a clear understanding that product decisions in lending have to work for both growth and portfolio performance.
Curious about trade-offs rather than defensive about them: alert to the fact that deeper affordability assessment can hurt conversion, and motivated by the challenge of capturing its value without sacrificing growth.
Able to move between detail and direction: happy getting into the data on a Tuesday and shaping the roadmap on a Wednesday.
Confident challenging assumptions and turning analysis into practical action, and able to explain your reasoning clearly to people who are not analysts.
Collaborative and credible with risk, commercial, engineering and data science teams.
Structured, proactive and comfortable in a scaling environment where priorities evolve quickly and ownership is expected.

Experience and background

Around four to five years of experience in product, credit strategy, analytics or a closely related role within consumer lending or fintech. We are deliberately targeting this level: this is a step-up role for someone ready to own a product, not a lateral move for someone who has run several.
Experience in unsecured consumer lending, ideally Unsecured Personal Loans (UPL), with exposure to the mechanics of acquiring customers through price-comparison or aggregator marketplaces. Direct experience in higher-APR or near-prime lending is a strong plus but not a prerequisite.
Hands-on data skills: SQL as a minimum, and ideally Python or R for analysis. You do not need to be a data scientist, but you need to be able to work alongside them as a peer and do your own analysis.
Experience working with or alongside credit decisioning, scorecards or risk models, and an understanding of how they are built, monitored and adjusted for a specific population.
Some experience of pricing, eligibility or offer design, and of using experiments or A/B tests to evaluate changes.
A track record of using analysis to influence decisions, not just to report on outcomes, in a role where you had some accountability for commercial results.
Strong written and verbal communication skills, with the ability to present clearly to senior stakeholders.
Experience with Open Banking data or cashflow underwriting is a plus, as is experience in a fast-growing fintech.

Product Lead

The role

Product Lead

The role

What you will do

What you need

Who you are

Experience and background

Pay and benefits

About Abound

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