Senior Product Manager, Affirm
Credit & Pricing
CA$150-200k
+ An employee stock purchase plan enabling you to buy shares of Affirm at a discount
POS installment loans
Be an early applicant
POS installment loans
1001+ employees
Be an early applicant
CA$150-200k
+ An employee stock purchase plan enabling you to buy shares of Affirm at a discount
1001+ employees
Company mission
To deliver honest and transparent financial products that improve users' lives.
Role
Who you are
- Motivation: You have a passion and drive to change consumer finance for the better
- Self Starter: You must be comfortable operating autonomously, socializing and presenting your work to leaders and unafraid to learn/fail fast
- Experimental mindset: You like to test and learn in a way that incorporates both customer needs and data. You must be comfortable operating autonomously and unafraid to learn/fail fast
- Execution: Experience shipping products end-to-end with measurable impact to the bottom line
- Analytical skills: You have a data-driven learning style and can use quantitative information to guide decisioning
- Product experience: Minimum 4 years of prior product or relevant experience in consumer finance, payments, or underwriting is a plus
What the job involves
- We’re looking for an outstanding product manager who is not bound by the existing paradigms of traditional banks. You will be joining the Credit and Pricing team, which is responsible for increasing customer conversion, fostering loyalty, and optimizing loan economics across the entire Affirm network including Affirm Card, Affirm Anywhere, digital wallets, our integrated merchant network, and distribution partners such as Shopify
- In this role you are responsible for Affirm's user level incentives product that delivers highly customized offers to users to fuel acquisition, growth, and retention in the US and globally. To achieve this mission, you will partner with a wide variety of teams including but not limited to product, engineering, analytics, design, marketing, legal, capital, commercial and more
- Define and socialize the product vision and strategy in collaboration with your peers in Engineering and Analytics
- Analyze and quantify the impact of product features and define metrics for success
- Establish yourself as a trusted partner of our Consumer, Commercial, and Engineering teams
- Become recognized as a domain expert in the subject matter that drives loyalty and conversion
- Collaborate across functions – including engineering, design, analytics, legal, compliance, marketing, commercial, pricing and others – to successfully launch and scale products
- Collaborate across product teams to support initiatives that interface with Affirm’s Incentives capabilities (e.g. direct to consumer, growth and retention, merchant and partner networks, and new product verticals)
Our take
Affirm offers point-of-sale loans to consumers, working with merchants like Shopify, KAYAK, and Walmart. Buy now, pay later transactions have grown in popularity in recent years, and this business is tapping into the market with a totally different approach to credit - by delivering the Affirm card, the first US debit card with the option to pay-over-time.
Boasting over 21M consumers and 337,000+ merchants, the company offers flexible payback options, ranging from 3 to 36 months. The interest rates run between 0% and 30%, so, while they are not necessarily the cheapest option, Affirm prides itself on having no fees for late payments, no hidden charges, and total transparency about what people will pay before they take out a loan.
Affirm collects payments from the customers and pays the merchants directly, shouldering the risk itself. The company has boosted its market share, expanding its availability beyond the US to include most of Canada, and continues to launch new features and create new partnerships towards bettering its offering.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
-11% employee growth in 12 months
Company
Funding (last 2 of 5 rounds)
Sep 2020
$500m
SERIES G
Apr 2019
$300m
SERIES F
Total funding: $1.1bn
Company benefits
- Compensation: We have a simple, flexible, and transparent remote-first compensation structure so you can make the best decisions for yourself and your family
- 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
- Away Days: We offer 20 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
Company HQ
Chinatown, San Francisco, CA
Leadership
Max Levchin
(Co-Founder & CEO)Has founded/co-founded numerous companies, holding various executive positions at each, including Paypal, Slide, Glow, HVF Labs, and SciFi VC. Also worked at large brands including Google, Yelp, Yahoo, and Evernote.
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