[Remote] Finance/Credit Model Risk Manager at Affirm

United States

Apply Now

Not SpecifiedCompensation

Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

UnknownVisa

Fintech, Financial ServicesIndustries

Skills

Key technologies and capabilities for this role

Model ValidationData AnalyticsALMTreasuryCorporate FinanceCredit RiskPythonSQLQuantitative FinanceMathData ScienceProblem-SolvingCritical-ThinkingInterpersonal SkillsCommunication Skills

Questions & Answers

Common questions about this position

What is the base pay range for this role?

For CA, WA, NY, NJ, CT, the base pay range is $215,000 - $265,000 per year. For all other U.S. states, it is $191,000 - $241,000 per year. Employees new to Affirm typically start at the beginning of the pay range, based on factors like location, experience, and skills.

What benefits does Affirm offer?

Benefits include equity rewards, monthly stipends for health, wellness, and tech spending, and 100% subsidized medical, dental, and vision coverage for employees and dependents.

Is this role remote or does it require office work?

This information is not specified in the job description.

What skills and experience are required for this position?

Candidates need 6+ years in model development, validation, or data analytics; deep knowledge of ALM, treasury, and corporate finance (credit risk a plus); hands-on Python and SQL skills; a degree in a quantitative field; plus problem-solving, critical thinking, and communication skills.

What kind of team will I be joining at Affirm?

You'll join the dynamic Model Risk Management (MRM) team, collaborating across the company including with Accounting, Internal Controls, Compliance, model owners, and developers to build a best-in-class risk framework.

Affirm

Provides buy now, pay later financing solutions

About Affirm

Affirm offers point-of-sale financing solutions as an alternative to traditional credit cards. It allows consumers to make purchases and pay over time through installment plans, often without hidden fees or deferred interest. Affirm partners with merchants to integrate its payment solutions into online and in-store shopping experiences, using user-friendly plugins and APIs. The company generates revenue from interest and fees on loans to consumers, as well as fees from merchants for offering its financing options. Affirm also provides a merchant dashboard for transaction processing and promotional tools to help businesses market these financing options effectively. The goal of Affirm is to empower consumers with flexible payment options while providing value to merchants in the e-commerce and retail markets.

San Francisco, CaliforniaHeadquarters

2012Year Founded

$1,113.8MTotal Funding

IPOCompany Stage

Fintech, Financial ServicesIndustries

1,001-5,000Employees

Benefits

Spending wallets: Access tech, food, lifestyle, and family planning wallets for your expenses

Supportive communities: Get involved with our employee resource groups and community groups

Remote-first workforce: If your role is remote, you can set up shop anywhere in your home country

Generous time off: Take the time you need when life happens

Health benefits: Get a plan that fits your needs

Mental healthcare: Take care of your mind with great mental health programs

Parental leave: Birth and non-birth parents get 18 weeks paid leave. Plus, a 4-week return-to-work transition program, at full base pay.

Compensation: We have a simple, flexible, and transparent remote-first compensation structure so you can make the best decisions for yourself and your family.

Away days: We offer 24 company-wide paid days off—which help our teams collectively pause to recharge.

Learning & development: Engage in exciting learning programs to level up your growth.

Risks

Increased CFPB regulation could raise compliance costs for Affirm.

Affirm faces competition from new entrants in the BNPL market.

Reliance on partners like Adyen and Apple poses potential revenue risks.

Differentiation

Affirm offers transparent installment loans with no hidden fees or surprises.

Affirm partners with over 2,000 merchants, including major retail brands.

Affirm's user-friendly APIs enable seamless integration with online and in-store platforms.

Upsides

Affirm's partnership with Adyen expands its reach in North America.

Affirm's $4 billion partnership with Sixth Street boosts financial stability.

Affirm's BNPL services gain traction among high-income consumers.

Land your dream remote job 3x faster with AI

Try Jobo Free