BNPL Risk Lead

• Take full ownership of risk management across Abound's retail finance product suite in a senior, hands-on role with broad scope. • Span 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 teams.

• 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 understanding of the product lifecycle and associated risk dynamics. • Have broad credit risk expertise spanning decisioning, risk measurement, product risk, funding/warehouse compliance, and impairment/IFRS 9. • Have experience owning or contributing to impairment frameworks including IFRS 9 ECL, staging logic, model governance, and macroeconomic overlays. • Have a track record of engaging with funders, auditors, or rating agencies on risk and credit performance topics. • Have strong written and verbal communication skills, able to present complex risk topics clearly to senior and non-technical audiences. • Be comfortable working closely with data scientists and getting into quantitative detail without necessarily being a practitioner modeller. • Be a decisive, commercially minded risk professional with a full-stack ownership mentality, comfortable setting strategy and executing in the detail. • Be highly organised and execution-focused with strong stakeholder management skills. • Be credible and composed when engaging with funders, auditors, and board-level audiences.

• Have familiarity with merchant risk management or B2B2C risk structures. • Bring experience with Section 75 exposure or similar novel product risks in retail finance. • Have experience owning merchant throttling frameworks including criteria for suspension or enhanced monitoring of merchant partners. • Have experience building and developing a risk team as a business grows.

• Define and maintain credit risk metrics, concentration limits, and portfolio triggers, ensuring consistent measurement across products. • Drive risk-based analysis to inform appetite, cut-off adjustments, and portfolio strategy. • Manage merchant concentration risk and maintain the risk framework. • Act as the risk lead counterpart for new product development, providing risk input from concept through to launch. • Assess and articulate risk-return trade-offs to support commercially sound product design decisions. • Identify and monitor novel product risks and ensure appropriate governance is in place. • Ensure adherence to internally defined risk limits and externally defined triggers arising from funding and warehouse arrangements. • Act as a key point of contact for funders, auditors, and advisors on credit and product risk matters. • Lead risk-related workstreams for funding due diligence, warehouse renewals, and external reviews. • Own the merchant risk framework including criteria for throttling, suspension, or enhanced monitoring of merchant partners. • Oversee the impairment framework including IFRS 9 staging logic, ECL model governance, and assumptions. • Partner with finance to ensure provisions are accurate, defensible, and well-communicated. • Monitor forward-looking indicators and macroeconomic overlays, escalating where necessary. • Provide clear, structured risk updates to Product Steering Committees, Board Risk Committees, and senior management. • Proactively identify emerging risks and ensure timely escalation and remediation. • Define and maintain standardised reporting frameworks ensuring consistency and comparability 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.

• Receive equity ownership in the company. • Work hybrid with 3 days a week in the London office. • Receive 25 days holiday a year plus 8 bank holidays. • Take 2 paid volunteering days per year. • Receive one month paid sabbatical after 4 years. • Access an employee loan benefit. • Receive free gym membership. • Enjoy a team wellness budget for group activities.

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 almost entirely on credit scores, Abound looks at the full financial picture to build a deeper understanding of each customer's situation. Having issued over £1.3bn in loans directly to customers with market-leading credit performance, the company reached profitability just 2.5 years after launch. Backed by £2bn+ of funding from investors including Citi, GSR Ventures, and Deutsche Bank, Abound is recognised as one of Europe's fastest-growing fintechs.