BNPL Risk Lead

• Take full ownership of risk management across Abound's retail finance product suite in a senior, hands-on role. • Own broad scope spanning credit decisioning, credit risk measurement, fraud risk management, product design, funding compliance, merchant throttling, and impairment, with direct accountability for how risk is identified, measured, managed, and reported. • Act as the business's primary risk authority for retail finance products, working closely with product, data science, finance, and senior leadership. • Bring both strategic thinking and a willingness to get into the detail — you'll set the framework and own the outcomes.

• Bring at least 3 years of experience working directly with a relevant retail finance product such as BNPL, unsecured personal loans, retail credit, or point-of-sale finance, with a strong grasp of the product lifecycle and its risk dynamics. • Bring broad credit risk expertise spanning decisioning, risk measurement, product risk, funding and warehouse compliance, and impairment/IFRS 9. • Have owned or contributed to impairment frameworks (IFRS 9 ECL), including staging logic, model governance, and macroeconomic overlays. • Be a decisive, commercially minded risk professional with a full-stack ownership mentality, comfortable setting strategy and executing in the detail. • Be technically strong across credit risk disciplines: decisioning, modelling, impairment, funding, and portfolio monitoring. • Collaborate naturally with data scientists, product managers, finance, and senior leadership, getting into quantitative detail without necessarily being a practitioner modeller. • Challenge assumptions and narratives constructively, with a track record of influencing outcomes. • Stay highly organised and execution-focused, with strong stakeholder management skills. • Stay credible and composed when engaging with funders, auditors, and board-level audiences, presenting complex risk topics clearly to senior and non-technical people.

• Bring familiarity with merchant risk management or B2B2C risk structures. • Have a track record engaging with funders, auditors, or rating agencies on risk and credit performance. • Have experience managing merchant concentration risk or Section 75 exposure. • Have helped build or scale a risk function within a high-growth fintech.

• Define and maintain credit risk metrics, concentration limits, and portfolio triggers, ensuring consistent measurement across products, and drive risk-based analysis to inform appetite, cut-off adjustments, and portfolio strategy. • Act as the risk lead counterpart for new product development, providing risk input from concept to launch and articulating risk-return trade-offs for commercially sound design. • Identify and monitor novel product risks such as Section 75 and merchant concentration, ensuring appropriate governance is in place. • Ensure adherence to internal risk limits and external triggers from funding and warehouse arrangements, acting as a key contact for funders, auditors, and advisors and leading risk workstreams for funding due diligence, warehouse renewals, and external reviews. • Own the merchant risk framework, including criteria for throttling, suspension, or enhanced monitoring, and maintain oversight of merchant-level concentration and performance metrics. • Oversee the impairment framework, including IFRS 9 staging logic, ECL model governance, and assumptions, partnering with finance to keep provisions accurate and defensible and monitoring forward-looking indicators and macroeconomic overlays. • Provide clear, structured risk updates to Product Steering Committees, Board Risk Committees, and senior management, escalating emerging risks and maintaining standardised reporting frameworks as the business scales.

Abound is one of the most exciting fintech stories in the UK right now. In just five years, the co-founders have built a profitable, fast-growing lending platform that was named the UK's number one fastest-growing tech company by The Sunday Times in 2026, with nearly 500% annual revenue growth. The company generated £69 million in revenue and £9 million in profit before tax in 2024, which is remarkable given that, among the top 15 high-growth UK companies tracked by Sifted, Abound was the only profitable one. They have secured £2.2 billion in lending capacity from Citi, Deutsche Bank, Waterfall, and others, and have been listed among the top 250 global fintechs by CNBC. What makes Abound especially interesting as a place to work is the leadership pedigree: Gerald Chappell was previously a Partner at McKinsey and EY, where he led digital lending and credit analytics solutions globally, while Dr Michelle He was a Director at EY with a PhD in machine learning. The broader leadership team brings experience from Goldman Sachs, Citi, Airbnb, and other major institutions. The UK Glassdoor entity sits at 4.6/5, with every single employee recommending it to a friend. What comes through in reviews is the flat structure, data-driven culture, quick career progression, and the chance to learn directly from seriously experienced leaders. Everyone gets equity ownership, a 30-day paid sabbatical after 4 years, a free WellHub membership, and plenty of team socials. A couple of things worth knowing: some Glassdoor reviews flag high targets and performance pressure, and Abound runs a hybrid model from its London offices rather than being fully remote. That said, if you want to be part of a profitable, rapidly scaling UK fintech where your work has a real impact on making credit fairer for millions of people, Abound is a brilliant place to do it.

• Own a piece of the company through equity. • Work hybrid, with 3 days a week in the office. • Take 25 days' holiday a year, plus 8 bank holidays. • Use 2 paid volunteering days each year. • Take a one-month paid sabbatical after 4 years. • Access an employee loan. • Enjoy free gym membership. • Tap a team wellness budget to be active together, whether that's a yoga class, a tennis lesson, or bouldering.

Abound is redefining consumer lending in the UK and beyond, using advanced AI and Open Banking data to make fair, affordable personal finance available to more people. Rather than relying on credit scores alone, it looks at each customer's full financial picture — how much they spend and what they can afford to repay. The approach works at scale: Abound has issued over £1.3bn in loans with market-leading credit performance, seeing three defaults for every ten the industry expects, and reached profitability just 2.5 years after launch. Backed by £2bn+ of funding from investors including Citi, GSR Ventures, and Deutsche Bank, it's recognised as one of Europe's fastest-growing fintechs and is now expanding into new markets and product lines.