Compensation Business Partner, Affirm
$142-192k
+ Employee stock purchase plan
POS installment loans
Open for applications
POS installment loans
1001+ employees
Open for applications
$142-192k
+ Employee stock purchase plan
1001+ employees
Company mission
To deliver honest and transparent financial products that improve users' lives.
Role
Who you are
- 8+ years of experience in the design, implementation and support of compensation programs
- Preference for experience in leading and project managing initiatives with executive stakeholders
- Progressive compensation experience in identifying, consulting, designing, recommending, and implementing innovative business solutions
- Deep subject matter expertise, including trends, thought leadership and practical hands-on administration in compensation
- Proven experience partnering and collaborating well with People, Finance, and Legal executives
- Ability to think strategically and creatively through philosophy through execution / operations
- Highly skilled at analytics (advanced Excel skills at minimum), data visualization, planning, process efficiency, organization, critical thinking, and delegation
- Excellent business acumen and judgment; strong team orientation with collaborative style; able to maturely handle sensitive and confidential information
What the job involves
- We are looking for someone to lead critical and impactful compensation initiatives and projects
- This highly dynamic role will require you to move from big picture thinking to design to the operational delivery of creative compensation programs that balance our business needs and the employee experience across the organization
- You will draw on your deep experience as a compensation professional to create strategies that will help Affirm build high-performance teams, create and foster best practices, and optimize and evolve our compensation programs as we grow
- Support Affirm business priorities, operational goals, values, and culture by contributing to the design and development of Affirm’s compensation programs, including job architecture, pay structure design, base salary compensation, and short and long-term incentive plans
- Support and consult with stakeholders and partners on all elements of our compensation programs and program design
- Analyze trends, research best practices, monitor economic conditions, maintain awareness of changes in business strategy and make recommendations for program revisions and development
- Partner closely with key stakeholders across the People (HRBP and Recruiting), Finance, Legal teams as well as Executive Business leadership to understand their needs, solve business challenges, and ensure successful deployment of compensation programs
- Participate in the development of compensation communications to ensure that leaders and employees have the right level of knowledge (including training across key stakeholder groups and employees); ensure communications are well planned and effectively implemented
- Participate in the development, implementation, and maintenance of compensation processes and tools
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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