Python Software Engineer, Abound
£60-80k
+ Equity
Personal loans & SaaS credit decisioning platform
Open for applications
Personal loans & SaaS credit decisioning platform
21-100 employees
Open for applications
£60-80k
+ Equity
21-100 employees
Company mission
To make affordable loans available to more people. We have built award-winning technology to look beyond credit scores and offer fair credit to people ignored by traditional lenders.
Role
Who you are
- Three or more years professional experience in software engineering
- Proficiency in writing well-structured Python code with type hints
- Experience maintaining codebases for business-critical systems
- Strong analytical and problem-solving skills
- Effective communication and collaboration skills
- Proficiency in Git for version control
- Strong SQL skills for efficient data management and retrieval
What the job involves
- We're looking for an experienced individual to join us in the role of Python Engineer
- This position requires an enthusiasm for exploring and understanding new business areas – you could be writing the calculations to support a new type of loan product, integrating with the API of an Open Banking provider, or enhancing our decisioning engine to ensure we can give customers the most accurate quote possible in a matter of seconds
- Our technology stack: Python (including FastAPI, OpenTelemetry, procrastinate, SQLAlchemy, Uvicorn), Postgres, Liquibase, Docker, AWS (including ECS and RDS)
- Develop new features in python for backend services that make up the entire lending lifecycle, from finding and onboarding new customers, on to helping underwriters asses their affordability, all the way through to actually paying out and then collecting a loan
- Participate in the entire SDLC, helping to design changes, review code, build tests, and coordinate deployments
- Collaborate closely with colleagues in Product and Design as well as users (both internal and external) to understand, challenge, and refine requirements
- Provide second-line support within business hours, helping to troubleshoot and resolve any system issues that impact our customers
- Apply strong SQL skills to troubleshoot and improve the performance of data management and retrieval across our Postgres databases
Salary benchmarks
Our take
Borrowers in the UK have been consistently over-charged in recent years, with lenders rejecting requests mostly on the basis of poor credit histories. Through Open Banking, Abound (formerly Fintern) is working to build a different approach that evaluates live transaction data, usually ignored by traditional lenders, in order to offer loans at more favourable prices.
Traditional banks are also slowly starting to use Open Banking data for income verification while other emerging firms, like Abound, are using it to support underwriting decisions. The company's technique allows it not to exclude people with limited or poor credit history and, instead, aims at defining a repayment plan that borrowers can realistically sustain over time.
A forward-looking approach is strongly needed in the lending industry, with the main improvement being the consideration in lending decisions of each customer's current circumstances and recent history. The challenge for Abound in the near future is to effectively exploit machine learning, technology and Open Banking Data while differentiating from the rest of the industry with its own customer-centric approach.
Freddie
Company Specialist at Welcome to the Jungle
Insights
Company
Employee endorsements
Intelligent people
"Everyone at Abound is focused on innovating and always willing to experiment new approaches and ideas. It makes the environment very stimulating."
Company benefits
- Everyone owns a piece of the company 📈Equity
- 25 days’ holiday a year, plus 8 bank holidays
- Save up to 60% on an electric vehicle through our salary sacrifice scheme with Loveelectric
- We offer all employees an affordable loan of up to £10k. The amount you can borrow may vary slightly, depending on your personal situation.
- Regular team lunches and events
- We invest in your training to help you grow in your career. Learn a new programming language. Sharpen those communication skills
- Free gym membership at the Circle Gym & Spa
- Free breakfast and snacks in the office. We’ll even cover your dinner if you’re working late
- Birthday cakes in the office
- Team wellness budget to be active together - set up a yoga class, a tennis lesson or go bouldering
- 2 paid volunteering days per year to all employees with the company charity - Spread a Smile
Company values
- Our customers come first
- We are all owners
- We move fast but thoughtfully
- We win as a team
Company HQ
St Katharine's & Wapping, London, UK
Leadership
Gerald Chappell
(CEO)Ex-Partner at McKinsey and EY. After leading McKinsey’s Digital Lending practice globally, they got frustrated with how slow banks were at adopting AI and new technology - it was time for a change.
Dr. Michelle He
(COO)Ex-Director at EY with a PhD in Machine Learning. 15 years of experience in financial services convinced them that another way of doing credit was possible.
Diversity, Equity & Inclusion at Abound
Dr. Michelle He (Co-founder and COO)
- We've always wanted to build the best possible team, regardless of accent, gender or background. Our team at Abound is diverse at every level. We help each other and work as a team to achieve our shared mission.
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