Machine Learning Engineer, Affirm
Underwriting
CA$102-142k
+ Employee stock purchase plan
POS installment loans
Be an early applicant
POS installment loans
1001+ employees
Be an early applicant
CA$102-142k
+ Employee stock purchase plan
1001+ employees
Company mission
To deliver honest and transparent financial products that improve users' lives.
Role
Who you are
- If you have a strong interest in machine learning and enjoy challenging work, Affirm is the place for you!
- Proficiency in machine learning with experience in areas such as Generalized Linear Models, Gradient Boosting, Deep Learning, and Probabilistic Calibration. Domain knowledge in credit risk is a plus
- Strong programming skills in Python and SQL
- Experience using large scale distributed systems like Spark or Ray is a plus
- Experience using open source projects and software such as scikit-learn, pandas, NumPy, XGBoost, Kubeflow is a plus
- Excellent written and oral communication skills and the capability to drive cross-functional requirements with product and engineering teams
- The ability to present technical concepts and results in an audience-appropriate way
- Persistence, patience and a strong sense of responsibility – we build the decision making that enables consumers and partners to place their trust in Affirm!
What the job involves
- Join the Affirm team as a Machine Learning Engineer and contribute to the success of our ML Underwriting team
- We are the driving force behind Affirm's core value proposition, leveraging cutting-edge machine learning to assess creditworthiness throughout the life cycle of loan applications
- As a Machine Learning Engineer on our team, you will be at the forefront of developing high-quality, production-ready models that play a central role in our decision-making processes
- Your contributions will be instrumental in shaping our financial landscape
- Use Affirm’s proprietary and other third party data to develop machine learning models that predict the likelihood of default and make an approval or decline decision to achieve business objectives
- Partner with platform and product engineering teams to build model training, decisioning, and monitoring systems
- Research ground breaking solutions and develop prototypes that drive the future of credit decisioning at Affirm
- Implement and scale data pipelines, new features, and algorithms that are essential to our production models
- Collaborate with the engineering, credit, and product teams to define requirements for new 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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