Capital Markets Manager, Affirm
$217-332.5k
OTE
OTE is dependent on location
POS installment loans
Be an early applicant
POS installment loans
1001+ employees
Be an early applicant
$217-332.5k
OTE
OTE is dependent on location
1001+ employees
Company mission
To deliver honest and transparent financial products that improve users' lives.
Role
Who you are
- The ideal team member will have strong technical and interpersonal skills and the desire to work closely with both internal and external stakeholders
- 5+ years in structured finance, fixed-income investing, trading, private equity, consulting, or product/strategy roles
- Ability to reason through first principles and think outside of the box
- Strong presentation and interpersonal skills
- Ability to multi-task and manage multiple simultaneous workstreams
- Ability to work and align with cross-functional partners
- High level of humility and ability to own mistakes
- Experience with SQL or Python is a plus, but not required
- Excellent analytical skills and attention to detail
- Humility and a strong desire to learn and grow
- Clear alignment with Affirm’s core values
What the job involves
- Affirm Capital is responsible for structuring, negotiating, and executing a critical part of Affirm’s revenue strategy
- As a Capital Markets Manager, you will build and own a significant portion of the platform’s funding strategy which drives Affirm’s ability to scale its consumer point-of-sale lending business globally - this is a complex role essential to the functioning of a consumer finance and payments platform
- Develop a strong understanding of Affirm’s business from a unique perspective and learn how Capital Markets fits into broader corporate initiatives
- Play a meaningful role in developing and executing on Capital Markets strategy, including owning significant components of live transactions
- Own deal processes from start to finish, including structuring, negotiation, documentation, and execution
- Take charge of communication with Engineering, Product, Commercial, and Credit/Risk teams to drive scale for Affirm’s capital platform and funding strategy
- Build and manage relationships with existing and potential investors
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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