Compliance Manager, Affirm
Financial Crimes
CA$109-159k
+ESPP
More information about location
POS installment loans
Open for applications
POS installment loans
1001+ employees
Open for applications
CA$109-159k
+ESPP
More information about location
1001+ employees
Company mission
To deliver honest and transparent financial products that improve users' lives.
Role
Who you are
- Bachelor’s degree in business, political science, law, finance or a related discipline. Advanced degree is a plus
- Minimum of 6 years experience in BSA/AML roles. AML & SAR filing experience preferred. Fintech experience is a plus
- Exceptional judgment, organizational and analytical skills and keen attention to detail, coupled with excellent verbal and written communication abilities
- Strong working knowledge of analytical tools, such as Snowflake, Excel, and visualization software (e.g. Looker, Tableau, etc.)
- Strong understanding of BSA/AML Program requirements
- Ability to collaborate cross-functionally with, and communicate complex regulations to, business partners
- Passion for technology, consumer finance, and improving consumer credit products
- Industry certifications preferred but not required (Relevant examples include CAMS, CGSS, CFE, etc.)
What the job involves
- We are seeking an innovative and adaptable Financial Crimes Manager/Lead
- In this role, you will be responsible for helping build the Financial Intelligence Unit (FIU)
- Primarily, this includes managing day-to-day team functions including: filing SARs, reviewing investigations, guiding updates to Transaction Monitoring rules and our Case Management System, policy and procedure enhancements, and building out new workflows
- Come join us in our mission to change consumer finance through better technology, lower costs, and increased transparency while providing the best customer experience!
- What You’ll Do:
- Adhere to company policies/standards to determine if activities or transactions are non-compliant/potentially suspicious and action as appropriate
- Oversee the SAR filing process to regulatory agencies and bank partners
- Manage day-to-day functions of the FIU
- Collaborate to create process improvements including root cause analysis, as needed, to enhance the compliance program
- Assist in building out the FIU's functions and capabilities
- Undertake ad-hoc project work and Financial Crime program enhancements
- Advise the cross functional stakeholders on appropriate compliance topics
- Stay up to date on current industry standards and regulatory requirements
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
Few candidates hear
back within 2 weeks
-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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