Staff Product Manager, Affirm
Affirm Anywhere Credit
$171-284.9k
Salary dependent on location. + Employee stock purchase plan
POS installment loans
Job no longer available
POS installment loans
1001+ employees
Job no longer available
$171-284.9k
Salary dependent on location. + Employee stock purchase plan
1001+ employees
Company mission
To deliver honest and transparent financial products that improve users' lives.
Role
Who you are
- Product experience: Minimum of 6 years of prior product experience, relevant background in consumer finance, payments, or underwriting is a plus
- Motivation: You have a passion and drive to change consumer finance for the better
- Analytical skills: You have a data-driven learning style and use quantitative information to make product decisions
- Experimental mindset: You like to test and learn in a way that incorporates both customer needs and data. You must be comfortable operating autonomously and unafraid to learn/fail fast
- Results: Experience shipping simple, elegant user-facing products with measurable impact to the bottom line
What the job involves
- As the Staff Product Manager for Affirm Anywhere Credit, you'll be responsible for the heart of Affirm's business, affording our users the financial flexibility they need Anywhere they shop
- You will drive the credit strategy for Affirm’s Direct to Consumer offerings including the Affirm Card, one time virtual cards, and universal guarantees for a consistent and dependable experience
- You and your team of software engineers, machine learning experts, and credit risk analysts will build innovative solutions that fuel all end user experiences in the US and globally while partnering with a wide variety of teams including but not limited to product, engineering, machine learning, analytics, design, marketing, legal, capital, commercial and more
- This role reports to the Director of Product, Decisions and Pricing
- Product leadership: Define and drive product vision and strategy in collaboration with your peers in Credit engineering and analytics
- Credit domain thought leadership: Establish yourself as a trusted partner of our credit, pricing, machine learning, and engineering teams. Become recognized as a domain expert in the subject matter that drives Anywhere underwriting and decisioning
- Creative mindset: Define new products and features with specs, wireframes, and product flows
- Data and metrics driven: Analyze the impact of product features and define metrics for success
- Complexity and comprehension: Understand and engage on intricate technical and analytical matters, yet be able to distill complexity into key take-aways for cross-functional stakeholders and audiences
- Be a team player: Collaborate across functions – including engineering, design, analytics, legal, compliance, marketing, commercial, pricing and others – to successfully launch and scale credit products
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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