Lead Product Manager - Risk Decisioning and Pricing Platform

Why we exist

Our mission is to accelerate the transition to a circular economy. But for customers and businesses to embrace this shift, it needs to be both cost-effective and simple—and that’s where we come in. Our technology platform enables the lease-and-reuse of devices, making them more sustainable, accessible, and affordable.

The demand speaks for itself. We've quadrupled our ARR in just three years, with 100K+ billing customers proving the success of our model. To date, we’ve leased over 100,000 devices and earned an Excellent 4.5-star rating from 7,500+ Trustpilot reviews—redefining tech ownership, one lease at a time.

As a B-Corp certified company, we’re driven by purpose and backed by NatWest, Channel 4 Ventures, Macquarie, Octopus Ventures, and Telefónica. Their support fuels our mission to make smarter, more sustainable tech access the norm—because the future of technology shouldn’t come at the cost of the planet.

If you're ready to make a difference and be part of something big, join us at Raylo and help shape the future of tech. It’s not just about reducing waste—it’s about creating a smarter, more sustainable future for all.

Our vision

"Raylo is the technology powering a world where fewer products are manufactured, and those that are, get an extended life through our managed cycle of refurb, reuse, and recycle."

Our core values

💡 Be deeply curious – We thrive on innovation through diverse approaches, views, and people.

👟 Walk in your customer’s shoes – To build the best products and make the best decisions for the long term, we must figure out what our customers need, not just what they

want.

🎯 Focus and execute – We have a big vision, but we believe in nailing the most important problems first.

💥 Be gritty – Only gritty teams succeed. Our individual ownership, passion, and perseverance mean we’re a team through thick and thin.

What to expect

Reporting to the Co-Founder and Chief Product Officer, you’ll lead a cross-functional team—including Risk Strategy, Frontend, and Backend Engineers on Raylo’s Risk Decisioning & Pricing capabilities. Working closely with engineers and data scientists, you’ll optimise approval rates and drive sustainable, profitable growth.

That means boosting approval rates—finding and accepting more good customers while keeping risk in check—alongside pricing optimisation to improve conversion rates and UX improvements that make the journey seamless.

As Raylo’s second product hire, you’ll have the opportunity to make a major impact. You’ll tackle some of our most complex challenges and own our most important proprietary tech. We move fast, ship frequently, and stay focused on outcomes.

Your primary focus will be on building the product and proprietary tech, while the Risk Strategy Lead owns analytics, credit risk modelling, and data insights.

What you’ll do

• Define and execute: Own the roadmap for risk decisioning infrastructure, enabling scalable, automated credit and fraud decisioning.
• Product lifecycle ownership: Drive product development from concept to execution, including defining requirements, managing trade-offs, and prioritising technical work.
• Strategic partnership: Collaborate with the Risk Strategy Lead to ensure alignment between risk strategy, data insights, and the technical implementation of our risk systems.
• Enhance and refine: Drive improvements to priority risk models, exploring opportunities to leverage LLMs (Large Language Models) for enhanced credit decisioning, fraud detection, and risk evaluation.
• Integrate cutting-edge: Incorporate new and innovative fraud data sources to enhance risk assessment and decision-making.
• Leverage Open Banking: Maximise the use of Open Banking for both consumer and business decisioning to create more informed, data-driven risk models.
• Ensure compliance: Work with legal and compliance teams to maintain alignment with FCA regulations and other relevant requirements.
• A/B Testing & optimisation: Implement A/B tests to enhance funnel performance.
• full-featureLow-cost experimentation: Test concepts with Risk Ops before full-feature development to drive efficiency and impact.

Who you are

You’re a technically minded problem solver with a passion for backend systems and fintech innovation. You enjoy collaborating with diverse teams and translating complex technical challenges into actionable solutions.

Key skills & experience:

• Technical expertise: 5+ years in Product Management with a strong technical background, ideally with a STEM degree or engineering experience.
• Familiarity with backend system architecture is essential.
• Domain knowledge: Experience in risk-related areas such as credit risk decisioning, payments, or money laundering prevention. B2B or internal tool expertise in FinTech is desirable.
• Analytical & data-driven: Proficient in tools like Amplitude, with a knack for extracting actionable insights from data.
• Influence & communication: Exceptional ability to influence engineers and cross-functional stakeholders to drive alignment and deliver results.
• Problem-solving: Creative, adaptable, and resourceful, with a track record of overcoming technical and business challenges.

Nice-to-Have

• Familiarity with SQL to dive deeper into data and metrics.
• Experience working in a startup environment, preferably in risk, lending, or payments domains.

We’re not looking for you to meet every point on this job description, please still get in touch if you think you could add value and do your best work here at Raylo. We'd love to have a chat and see if you could be a great fit.

Opportunities & Benefits

Your chance to make an impact. We want what you can bring - what makes you special. Through trust, collaboration and autonomy, you can have an impact right from the off.

Other benefits include:

• Share in Raylo’s success – Stock options for all employees
• Get the latest tech – Exclusive Raylo device lease for employees
• 33 days off, your way – 25 days + 8 bank holidays with full flexibility to use on the days that mean the most to you
• Invest in your growth – L&D budget to support the skills you valye
• Fast-track your career – Two performance reviews a year
• Family-first policies – 5 months full pay for primary caregivers, 1 month for secondary caregivers
• Save big on childcare – Workplace nursery scheme for major cost savings
• Perks on perks – Perkbox membership with discounts & wellbeing benefits
• Free healthy breakfast, drinks and snacks, every day you’re in the office
• Good times, guaranteed – Optional quarterly socials, plus summer & Christmas parties

Hiring Process

What’s next?

Once you submit your application, our Talent Team will contact you if you have been shortlisted for the role for a Talent Screening call.

We set an exceptionally high bar at Raylo, and in return, we will aim to give you the best candidate experience possible.

If there's anything we can do to make your application process easier for you, because of disability, neurodiversity or any other personal reason, please let us know.

*As an FCA-regulated business, we conduct background checks (DBS and AML) on all successful candidates who are offered a position at Raylo during the onboarding process.

Diversity & Inclusion at Raylo

At Raylo, we celebrate diversity and are committed to creating an inclusive workplace where everyone can thrive. We welcome people of all backgrounds, experiences, and perspectives, believing they make us stronger.