Senior Product Manager, Affirm
Repayments
$117-157k
+ Equity
More information about location
POS installment loans
Job no longer available
POS installment loans
1001+ employees
Job no longer available
$117-157k
+ Equity
More information about location
1001+ employees
Company mission
To deliver honest and transparent financial products that improve users' lives.
Role
Who you are
- 5+ years of product management experience, preferably at a platform and/or fintech company
- Ability to analyze complex technical requirements and translate them into effective product strategies
- Technical proficiency with APIs
- Demonstrated ability to make data driven decisions
- Ability to work across large number of stakeholders and push projects forward across multiple teams
- A track record of developing and championing product strategy with quantifiable impact
- A compelling influencer with strong communication and interpersonal skills
- Ability to turn ambiguity to action and measurable impact
What the job involves
- As a Sr Product Manager on the Repayment team, you will play a pivotal role in shaping the future of consumer financial services, commerce, and payments
- The Repayments team’s vision is to develop easy, transparent, and flexible repayment experiences that retain our consumers for life - through good times and bad times
- Our team transforms our consumer repayment experiences from two primary angles - 1) develop easy and seamless repayment experiences for those who are willing to repay and can pay, and 2) develop targeted collection and recovery strategies for those who are willing to repay but cannot pay
- Unlocking these experiences will enable Affirm to expand credit to more consumers, which in turn enables consumers to grow their purchasing power - within the Affirm ecosystem and beyond
- In this role, you will collaborate closely with cross-functional teams, including Engineering, Product Analytics, Finance, Partnerships, and other Product teams, to enhance the repayment experience for all our users and drive meaningful impact on key business goals
- You should be outcomes-driven, possess a strong bias for action, and thrive in navigating complex opportunities with multiple internal and external dependencies
- Solve complex and ambiguous problems, define an execution strategy that balances short and long term impact
- Execute strategically across our horizontal platforms and verticals to improve how we recover funds on behalf of Affirm and our customers
- Identify new product opportunities and set a comprehensive roadmap that’s informed by data analysis, qualitative research, and your own discovery
- 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 C-level executives
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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