Work Across
Get started
All jobs
Save

Product Associate

Abound
Contract type
Ongoing
Work mode
Hybrid · United Kingdom
Experience
Junior / entry level · 0+ years

Job description

A Product Associate role at a UK consumer lending fintech, working across product, data and commercials to analyse performance, model unit economics and help ship product features. It is positioned as a stepping stone to Product Manager for top-tier STEM or Economics graduates.

At a glance

Employment
Full-time · Employee (employment agreement)
Work mode
Hybrid · United Kingdom

What you'll do

  • Own analysis of product performance across the full funnel: traffic, applications, approvals, conversion, originations, repayment and credit outcomes
  • Build and maintain the dashboards, metrics and data models that Product, Credit and Operations rely on
  • Form sharp hypotheses, design experiments (journey changes, pricing, A/B tests) and measure the impact rigorously
  • Get to the root cause of anomalies quickly, whether the cause is in the data, the code or the customer journey
  • Model the economics of each product: acquisition cost, approval and take-up rates, pricing, funding cost, expected loss, servicing cost and lifetime value
  • Put numbers on the trade-offs behind product decisions, such as wider approval versus higher losses, or partner revenue share versus volume
  • Track contribution margin and cohort profitability by product, channel and partner, and show where we make or lose money
  • Come up with ideas for scaling and growing (new segments, channels, products and pricing) and estimate what each one is worth
  • Look across products and partnerships for cross-sell, top-ups, repeat lending, shared customers and shared data
  • Help evaluate new partner opportunities and build the business case, covering volume, economics, integration effort and risk
  • Turn the strongest ideas into clear proposals and see them through to launch
  • Use AI coding tools to build and ship product end to end, across both front-end and back-end, from quick prototypes to features that go live
  • Build internal tools, automations and data workflows that remove manual work and help the team move faster
  • Build dashboards in AWS QuickSight and track funnels, events and experiments in PostHog
  • Use SQL and Python every day to pull, model and analyse data
  • Learn how APIs, decisioning flows and data pipelines work, and work directly with engineers on specs, testing and release validation
  • Support Product Managers with discovery, delivery and partner onboarding
  • Define success criteria for each launch and the metrics that show whether it's working
  • Design test scenarios, including edge cases and failure modes, and test the end-to-end customer journey before release
  • Work closely with QA to make sure production releases are stable
  • Monitor production performance after release, and pick up and triage related bugs with engineering
  • Make sure new products and journeys work at launch for customer support, collections and complaints teams
  • Use operational data to spot recurring issues, fix them at the source and make sure they're closed out

What we're looking for

  • A top-tier STEM or Economics graduate (computer science, engineering, mathematics, physics, economics or similar)
  • 0–2 years of experience, including internships, placements or early-career roles with real responsibility
  • Strongly analytical and confident with SQL and Python, able to go from raw data to a clear recommendation
  • Able to build with AI: use AI coding tools (e.g. Claude Code, Cursor) to ship working front-end and back-end code, with things built such as side projects, hackathons, internal tools or production apps
  • Hands-on with analytics tools such as AWS QuickSight, PostHog or similar BI and product analytics platforms
  • Commercially minded: naturally asks how something makes money, and enjoys modelling unit economics, pricing and P&L
  • Strong product sense: has opinions on the products they use, why they work and how they could grow
  • A structured problem-solver who can break down messy, real-world problems
  • A clear communicator who can walk an engineer through a model and make a recommendation to leadership

Nice to have

  • An interest in consumer credit, lending, payments or fintech
  • Experience with experimentation and statistics

Benefits

  • Equity
  • Hybrid working, with 3 days a week in the office
  • 25 days' holiday a year, plus 8 bank holidays
  • 2 paid volunteering days per year
  • One month's paid sabbatical after 4 years
  • Employee loan
  • Free gym membership
  • Team wellness budget to be active together

Apply

Save

Direct apply at Abound

Opens the job posting at Abound

About Abound

Redefining consumer lending in the UK, and beyond

A UK consumer lender using AI and Open Banking data to look at the full financial picture rather than relying almost entirely on credit scores. It has issued over £1.3bn in loans directly to customers, reached profitability 2.5 years after launch, and is backed by £2bn+ of funding from top-tier investors.

Mission

Using advanced AI and Open Banking data, we make fair, affordable personal finance available to more people.

Key facts

  • Consumer lending / fintech
  • Issued over £1.3bn in loans directly to customers
  • For every 10 defaults the industry expects, Abound sees only 3
  • Reached profitability just 2.5 years after launch
  • Backed by £2bn+ of funding
  • Recognised as one of Europe's fastest-growing fintechs (Sifted, CNBC)

Partners & customers

CitiGSR VenturesDeutsche Bank

What they value

  • Think like an owner, of both the customer outcome and the commercial outcome
  • Rather build a quick prototype or run the numbers than debate in the abstract
  • Follow through until problems are actually solved
  • Comfortable with ambiguity and don't wait for perfect instructions
  • Speak up when something doesn't make sense, and help fix it
  • Put in extra effort at key moments, such as launches and live incidents