Senior Product Manager, Affirm
Loans Lifecycle
$169-240k
Salary dependant on location. + ESPP
POS installment loans
Job no longer available
POS installment loans
1001+ employees
Job no longer available
$169-240k
Salary dependant on location. + ESPP
1001+ employees
Company mission
To deliver honest and transparent financial products that improve users' lives.
Role
Who you are
- 4+ years of product management experience, preferably working on platform products
- This position requires either equivalent practical experience or a Bachelor’s degree in a related field
- Highly analytical mindset, able to balance strategic thinking with a strong bias for action and hands-on problem-solving
- Proven track record of launching and managing high-impact products
- Outstanding written and verbal communication with a diverse stakeholder audience
- The ability to turn incomplete, conflicting, or ambiguous inputs into solid action plans
- Solid technical chops that allow you to have in depth technical discussions and opinions
What the job involves
- We’re looking for a strong product leader to drive this vision forward!
- As a Senior Product Manager on the Loans Lifecycle team, you will find yourself at the core of Affirm’s backend loan systems and the orchestration layers between the loan system and our front-end applications
- You will be responsible for building foundational technology solutions on our Loans Platform that powers Affirm's loan processes, and our Order Platform, an abstraction layer decoupling the user’s checkout and their resulting loans, allowing for increased flexibility in introducing products with various financial instruments or payment methods
- This role requires a deep understanding of complex data systems and APIs, and the ability to collaborate across engineering, compliance, and product teams to drive impactful solutions
- You will lead efforts to enhance our platform's capabilities enabling expansion into new markets and product launches
- Solve ambiguous problems: Solve complex and ambiguous problems, define an execution strategy that balances short and long-term impact. Execute strategically to drive operational improvements to increase efficiency, stability, and scalability while maintaining a high standard of accuracy and compliance
- Product Discovery and Opportunity Identification: Identify new product opportunities and set a comprehensive roadmap that’s informed by data analysis, qualitative research, and your own discovery
- Loans Lifecycle Expert: Serve as the internal subject matter expert on the lifecycle and associated behaviors of the loan, guiding product and business teams on best practices for working with our systems
- Roadmap ownership: Define product objectives, partner with engineering and cross-functional partners to drive requirements, ultimately lead execution to launch key products and features
- Communication: As a senior member of the Product Management team, you’ll regularly communicate across product and engineering teams as well as cross-functional stakeholders, including frequently presenting to senior leadership
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.
Boating over 15 million customers and 245,000+ 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
- Spending wallets
- Supportive communities
- Remote-first workforce
- Generous time off
- Health benefits
- Mental healthcare
- Birth and non-birth parents get 18 weeks’ paid leave. Plus, a 4-week return-to-work transition program, at full base pay
- We have a simple, flexible, and transparent remote-first compensation structure so you can make the best decisions for yourself and your family
- We offer 24 company-wide paid days off—which help our teams collectively pause to recharge
- Learning & development
Company values
- People Come First
- No Fine Print
- It's On Us
- Simpler is Better
- Push the Envelope
Company HQ
Chinatown, San Francisco, CA
Articles
Leadership
Max Levchin
(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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