[Remote] Quantitative Analyst II at Affirm

United States

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Not SpecifiedCompensation

Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Financial Services, FintechIndustries

Skills

Key technologies and capabilities for this role

Quantitative FinanceCapital StructuringPricing ModelsRisk ManagementAsset-Backed Securities (ABS)PythonSQLIntexBloombergFinancial Data AnalysisStochastic CalculusDerivative PricingStatisticsMachine LearningFixed Income

Questions & Answers

Common questions about this position

What is the base pay range for this Quantitative Analyst II position?

The USA base pay range is $140,000 - $190,000 per year for CA, WA, NY, NJ, CT, and $124,000 - $174,000 per year for all other U.S. states. Base pay is part of a total compensation package that may include equity rewards, monthly stipends, and benefits.

Is this role remote or office-based?

Affirm is a remote-first company where the majority of roles, including this one, are remote and allow work from almost anywhere in the country. It may telecommute, but proximal roles occasionally require work from an assigned Affirm office.

What skills and experience are required for this role?

Candidates need a Master’s degree in Mathematical Finance, Mathematics or related field and 2 years of experience with SQL and Python for large-scale data analysis, Intex and Bloomberg for pricing fixed income products, quantitative analysis in Fixed Income, financial risk management, and knowledge of Stochastic Calculus, Fixed Income, Derivative Pricing, Statistics, and Machine Learning.

What benefits does Affirm offer?

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

What makes a strong candidate for this Quantitative Analyst II role?

A strong candidate holds a Master’s degree in Mathematical Finance, Mathematics or related field with 2+ years of hands-on experience in SQL, Python, Intex, Bloomberg, fixed income quantitative analysis, risk management, and advanced topics like Stochastic Calculus and Machine Learning.

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.

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