Senior Manager of Internal Audit, Affirm
CA$123.2-184.8k
Offers Equity
POS installment loans
Job no longer available
POS installment loans
1001+ employees
Job no longer available
CA$123.2-184.8k
Offers Equity
1001+ employees
Company mission
To deliver honest and transparent financial products that improve users' lives.
Role
Who you are
- 10+ years of industry (internal audit) and consulting experience with a focus on audits associated with compliance, operations and strategy
- Experience with similar internal control or internal audit roles in financial services organizations or with Big 4 audit firms highly preferred
- Bachelors in Business Administration, Management Information Systems, Engineering or other related fields. Appropriate certifications are preferred (i.e. CIA, CPA, CAMS, CRCM, etc.)
- Proven experience managing a portfolio of audits, concurrent oversight and execution of multiple projects
- Experience with and knowledge of Compliance risk, controls and regulatory expectations for banking regulations and financial markets
- Experience leading integrated audits that address a combination of financial/operational and technology objectives
- Proven experience, skills and knowledge with IIA and ISACA Professional Practices and Standards
- Written/verbal skills and experience appropriate to executive and board level reporting and presentation
- Experience in Financial Services, Lending and SaaS or technology related companies is highly preferred
What the job involves
- We are working to build innovative products and technologies that support our mission of offering honest financial products to improve lives
- We are looking for an experienced Senior Manager of Internal Audit to contribute to the ongoing development of the Internal Audit (IA) function and to Affirm’s efforts to achieve its business objectives
- The Senior Manager, Compliance Audit will report to the Vice President, Internal Controls & Audit and will work alongside all members of the Internal Audit team in conducting audits and reviews to impact and influence positive business outcomes!
- What You'll Do:
- Collaborate with the VP of IA to build and implement an audit program and approach to perform compliance and operational audits commensurate with the size and needs of Affirm
- Work with business partners, including product, operations, compliance, analytics and technology leaders across the company to perform various assessments
- Help enhance and mature to Affirm’s Internal Audit strategy and roadmap
- Assist in the implementation of processes and tools supporting Professional Practices
- Asist in multiple administrative functions including (but not limited to) scheduling of resources, management of co-sourced audit relationships, and oversight of budget
- Own, manage and execute a portfolio of audits focused on US and International regulations/programs including but not limited to; BSA/AML, UDAAP, FCRA, Fair Lending, GDPR, FDCPA, ESG, etc
- Ensure overall quality and consistency of audit work, and adherence to department and professional standards for audits
- Manage audits by leading a team in identifying and analyzing risks, planning and prioritizing the audit work, conducting interviews, observing operations, documenting and analyzing procedures and controls, developing audit recommendations, reviewing identified issues with appropriate management, and preparing audit reports
- Actively assist in recruiting, screening, hiring, developing, and mentoring auditors
- Cultivate and maintain a healthy environment and strong group morale
- Assess new products, systems, databases or changes to existing processes to identify compliance risks before launch, providing recommendations for improvement
- Continue to develop and expand knowledge of the audit profession, our industry, and Affirm products and information through self-study, research, and continuing education efforts
- Align with applicable federal & state, and international laws and regulatory guidelines and Affirm’s policies and procedures
- Maintain a regulatory compliance risk mindset to understand underlying risks and weaknesses to properly mitigate such risks
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.
Share this job
View 117 more jobs at Affirm